Worldmagic Limited
04926990
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Carl Mitchell
British · England · Age 61
2, Woodburn Way, Whitley Bay, NE26 3DX
Notified 09/10/2016
Mrs Lisa Mitchell
British · England · Age 55
2, Woodburn Way, Whitley Bay, NE26 3DX
Notified 09/10/2016
Charges1 outstanding
INVESTACC PENSION TRUSTEES LIMITED AND CARL MITCHELL
CompanyRankvs 1367+ SIC 47710 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
£31k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£26k
Working capital
Current Assets
£100k
Current Liabilities
£75k
Fixed Assets
£14k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.34 | -£1k |
| 2024 | 1.47 | -£27k |
| 2023 | 2.15 | — |
Derived from filed accounts. Not audited figures.