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Magicare Limited

05599876

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

MAGIC HOUSE 5-11 GREEN LANES, LONDON, N13 4TN
Incorporated 21/10/2005

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

28/06/2026

On track

Confirmation statement

Last: 16/10/2025

Due 30/10/2026

On track

Industry

87100
Residential nursing care facilities
87300
Residential care activities for the elderly and disabled

Officers

Mr Mitesh Dhanak

secretary · Since 21/10/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 48 other boards

Mr Mitesh Dhanak

director · Since 21/10/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 48 other boards

Mr Simon John Oliver

director · Since 21/10/2005

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 62

Also on 51 other boards

Persons with Significant Control

Mr Simon John Oliver

25–50% shares
25–50% votes

British · United Kingdom · Age 62

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

Notified 06/04/2016

Cupio Midco Limited

25–50% shares
25–50% votes

28, High Road, London, N2 9PJ

Reg: 11436006 · Registrar Of Companies For England And Wales · Private Limited Company

Notified 07/08/2018

Former PSCs

Mr Mitesh Dhanak

Ceased 07/08/2018

Charges1 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/02/2008Registered 12/02/2008Satisfied 08/09/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/02/2008Registered 12/02/2008Satisfied 08/09/2020
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 18/06/2007Registered 20/06/2007

CompanyRankvs 6820+ SIC 87100 peers
69

Financial strength87th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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682Magicare Limited
79
How is this score calculated?
Financial strength22/25 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.

Liquidity12/20 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 30/06/2024

Net Worth

£895k

Balance sheet strength

Cash

£285k

Cash in the bank

Net Current Assets

£662k

Working capital

Current Assets

£2.7M

Current Liabilities

£2.0M

Fixed Assets

£233k

Debtors

£2.4M

223avg. employees-15

Tax at Year End

Corp tax£52k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.33+£16k
20231.34+£93k
20221.40-£62k
20211.50-£622k
20201.17—

Derived from filed accounts. Not audited figures.