Magicscheme Ltd
05881517
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/07/2025
dormant
Next accounts due
30/04/2027
Confirmation statement
Last: 19/07/2025
Due 02/08/2026
Industry
Officers
director · Since 19/07/2006
DIRECTOR
BRITISH · ENGLAND · Age 73
Also on 1 other board
Persons with Significant Control
Ms Gillian Frances Maybank
British · England · Age 73
77, Middle Hillgate, Stockport, SK1 3EH
Notified 01/07/2016
CompanyRankvs 17864+ SIC 74990 peers30
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
tities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company's financial statements are presented in sterling. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compa
Key FinancialsYear ending 31/07/2025
Net Worth
-£496
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£496
Working capital
Current Assets
—
Current Liabilities
£496