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The Magic Of Spain Limited

05610398

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

17 LIVERPOOL ROAD, WORTHING, BN11 1SU
Incorporated 02/11/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Timothy Gareth Walker

director · Since 02/11/2005

MARKETING CONSULTANT

BRITISH · ENGLAND · Age 69

Also on 5 other boards

Persons with Significant Control

Mr Timothy Gareth Walker

75–100% shares
75–100% votes

British · England · Age 69

17, Liverpool Road, Worthing, BN11 1SU

Notified 06/04/2016

CompanyRankvs 425+ SIC 47910 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£410k

Balance sheet strength

Cash

£253k

Cash in the bank

Net Current Assets

£404k

Working capital

Current Assets

£538k

Current Liabilities

£134k

Fixed Assets

£8k

Debtors

£173k

4avg. employees

Balance Sheet

Assets less current liabilities£412k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.01+£94k
20245.29+£54k
20233.77+£65k
20222.80+£104k
20212.84+£37k
20201.56+£36k
20190.89+£0
20181.31

Derived from filed accounts. Not audited figures.