Magic It Consulting Ltd
06528068
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 08/03/2026
Due 22/03/2027
Industry
Officers
Persons with Significant Control
Mr Matthew James Connor
British · England · Age 58
34, Garland, Leicester, LE7 7RF
Notified 06/04/2016
CompanyRankvs 1402+ SIC 62020 peers86
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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 31/12/2024
Net Worth
£591k
Balance sheet strength
Cash
£666k
Cash in the bank
Net Current Assets
£591k
Working capital
Current Assets
£685k
Current Liabilities
£94k
Fixed Assets
£306
Debtors
£19k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.26 | +£78k |
| 2023 | 7.40 | +£66k |
| 2022 | 7.80 | +£61k |
| 2021 | 9.75 | +£67k |
| 2020 | 9.39 | +£55k |
| 2019 | 8.38 | +£49k |
| 2018 | 6.93 | — |
Derived from filed accounts. Not audited figures.