The Magic Torch Digital Ltd
05953252
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 02/10/2025
Due 16/10/2026
Industry
Officers
director · Since 02/10/2006
GRAPHIC DESIGNER
BRITISH · ENGLAND · Age 49
Also on 3 other boards
Former
corporate nominee secretary · Resigned 02/10/2006
corporate nominee director · Resigned 02/10/2006
secretary · Resigned 01/04/2009
secretary · Resigned 17/10/2023
Persons with Significant Control
Mr Jamie Michael Milnes
British · England · Age 49
152, Hitchin Street, Biggleswade, SG18 8BP
Notified 06/04/2016
Change History
Active
Private Limited Company
63 ELM HATCH
PINNER
CompanyRankvs 25054+ SIC 74100 peers37
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£8k
Working capital
Current Assets
£578
Current Liabilities
£9k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | +£120 |
| 2024 | 0.40 | +£2k |
| 2023 | 0.20 | — |
Derived from filed accounts. Not audited figures.