Majic Merchants Limited
05894610
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Adam David Griffiths
British · England · Age 39
11, Dinting Lane Industrial Estate, Glossop, SK13 7NU
Notified 01/08/2020
Former PSCs
Mr Peter Hall
Ceased 17/02/2022
Charges1 outstanding
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 5684+ SIC 46900 peers57
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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 31/08/2024
Net Worth
£3k
Balance sheet strength
Cash
£26k
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£83k
Current Liabilities
£81k
Fixed Assets
£454
Debtors
£21k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.03 | — |
| 2023 | 1.01 | — |
| 2022 | 0.97 | -£5k |
| 2021 | 1.02 | +£1k |
| 2020 | 1.01 | +£208 |
| 2019 | 1.00 | -£7k |
| 2018 | 1.14 | — |
Derived from filed accounts. Not audited figures.