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Magic Online Solutions Limited

06028982

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

12 THORPE ROAD, NORFOLK, NR1 1RY
Incorporated 14/12/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mark Peter Littlewood

director · Since 14/12/2006

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mrs Helen Jane Littlewood

director · Since 01/05/2012

BRITISH

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

One Agency Group Limited

75–100% shares
75–100% votes

12, Thorpe Road, Norwich, NR1 1RY

Reg: 10071423 · Companies House · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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Created 10/04/2025Registered 23/04/2025
Charge
satisfied

SME INVOICE FINANCE LIMITED

Created 02/12/2014Registered 04/12/2014Satisfied 20/03/2025
Charge
satisfied

FIVE ARROWS BUSINESS FINANCE PLC

Created 12/08/2014Registered 13/08/2014Satisfied 09/07/2024
charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 27/09/2012Registered 28/09/2012Satisfied 21/08/2015
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/01/2011Registered 28/01/2011
charge
satisfied

CLYDESDALE BANK PLC

Created 04/03/2008Registered 07/03/2008Satisfied 13/04/2011
charge
satisfied

BARCLAYS BANK PLC

Created 17/04/2007Registered 01/05/2007Satisfied 16/07/2008

CompanyRankvs 308+ SIC 62020 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.32× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 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.

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 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£219k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.5M

Current Liabilities

£357k

Fixed Assets

£268k

Debtors

£1.3M

42avg. employees

Tax at Year End(2023)

Corp tax£102k

Balance Sheet

Intangible assets£181k
Assets less current liabilities£1.5M
Signed by Mr Mark Littlewood 29/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.32+£340
20234.49+£201k
20223.49+£100k
20212.96+£122k
20203.02+£152k
20192.43+£54k
20183.05

Derived from filed accounts. Not audited figures.