Magical Thinking Limited
06061321
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Jennifer Clare Johnston
British · England · Age 51
2c, Grazebrook Road, London, N16 0HS
Notified 06/04/2016
CompanyRankvs 1385+ SIC 73200 peers62
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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 31/01/2025
Turnover
£50k
Annual revenue
Net Worth
£2k
Balance sheet strength
Cash
£6k
Cash in the bank
Profit Before Tax
£33k
Bottom line earnings
Net Current Assets
£2k
Working capital
Current Assets
£12k
Current Liabilities
£9k
Debtors
£5k
Gross Profit
£50k
Admin Expenses
£17k
Operating Profit
£33k
Profit After Tax
£26k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.27 | — |
| 2024 | 1.10 | — |
| 2023 | 1.01 | — |
| 2022 | 1.51 | -£18k |
| 2021 | 3.43 | -£17k |
| 2020 | 2.08 | +£15k |
| 2019 | 1.64 | — |
Derived from filed accounts. Not audited figures.