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Magic Palace Limited

04619139

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

245 BURY NEW ROAD, MANCHESTER, M45 8QP
Incorporated 17/12/2002

Compliance

Last accounts

31/12/2024

dormant

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/02/2025

Due 28/02/2026

Overdue

Industry

99999
Dormant company

Officers

Mr Homayon Houshmand

secretary · Since 01/03/2003

FINANCE DIRECT

BRITISH · ENGLAND · Age 71

Also on 25 other boards

Mr Homayon Houshmand

director · Since 01/03/2003

FINANCE DIRECT

BRITISH · ENGLAND · Age 71

Also on 25 other boards

Persons with Significant Control

Mr Homayon Houshmand

75–100% shares

British · England · Age 71

245, Bury New Road, Manchester, M45 8QP

Notified 11/02/2022

Former PSCs

Mr Faramarz Abbasi-Ghelmansarai

Ceased 23/12/2021

CompanyRankvs 25188+ SIC 99999 peers
44

Financial strength56th percentile among SIC peers · 14/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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25188Magic Palace Limited
44
How is this score calculated?
Financial strength14/25 pts

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

Employees0/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Prepared with Companies House