Back to search

Magic Homes Ltd.

04371865

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MAGIC HOUSE, PALMERS GREEN, N13 4TN
Incorporated 12/02/2002

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/02/2026

Due 26/02/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Simon John Oliver

secretary · Since 12/02/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 103 other boards

Mr Mario Michael

director · Since 12/02/2002

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 13 other boards

Mr Simon John Oliver

director · Since 12/02/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 103 other boards

Persons with Significant Control

Paul Simon Magic Group Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Magic House, 5-11 Green Lanes, Palmers Green, N13 4TN

Reg: 14508887 · Companies House · Private Limited Company

Notified 08/03/2023

Former PSCs

Mr Christofis Michael

Ceased 23/11/2020

Paul Simon Developments Limited

Ceased 08/03/2023

Hartsfield Investments Uk Limited

Ceased 08/03/2023

Charges2 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 14/03/2023Registered 27/03/2023
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 17/10/2017Registered 18/10/2017

CompanyRankvs 575+ SIC 68209 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.09× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
575Magic Homes Ltd.
90
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£28.1M

Balance sheet strength

Cash

£104k

Cash in the bank

Net Current Assets

£28.0M

Working capital

Current Assets

£37.1M

Current Liabilities

£9.1M

Fixed Assets

£125k

Debtors

£37.0M

19avg. employees+3
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20244.09-£1.1M
20234.60—

Derived from filed accounts. Not audited figures.