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Magic Living Limited

06769893

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

MAGIC HOUSE 5-11, LONDON, N13 4TN
Incorporated 10/12/2008

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/11/2025

Due 05/12/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mario Michael

director · Since 10/12/2008

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 13 other boards

Mr Simon John Oliver

director · Since 10/12/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 51 other boards

Persons with Significant Control

Paul Simon Magic Group Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Magic House, 5-11 Green Lanes, Palmers Green, N13 4TN

Reg: 14508887 · Companies House · Private Limited Company

Notified 08/03/2023

Former PSCs

Mr Simon John Oliver

Ceased 08/03/2023

Mr Christofis Michael

Ceased 23/11/2020

Hartsfield Investments Uk Limited

Ceased 08/03/2023

Charges15 outstanding

Charge
outstanding

STALO MICHAEL

Created 19/02/2026Registered 24/02/2026
Charge
outstanding

STALO MICHAEL

Created 19/02/2026Registered 24/02/2026
Charge
outstanding

EUROBANK LIMITED

Created 19/02/2026Registered 20/02/2026
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/09/2023Registered 21/09/2023Satisfied 28/01/2026
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 27/10/2022Registered 04/11/2022
Charge
outstanding

EUROBANK CYPRUS LTD

Created 12/01/2022Registered 14/01/2022
Charge
outstanding

ALPHA BANK LONDON LIMITED

Created 30/07/2021Registered 03/08/2021
Charge
outstanding

ALPHA BANK LONDON LIMITED

Created 30/07/2021Registered 03/08/2021
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 05/03/2021Registered 05/03/2021
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 09/09/2020Registered 15/09/2020Satisfied 15/09/2023
Charge
outstanding

NESTATES LIMITED

Created 09/09/2020Registered 10/09/2020
Charge
satisfied

CYNERGY BANK LIMITED

Created 27/11/2019Registered 05/12/2019Satisfied 28/01/2026
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 11/11/2019Registered 14/11/2019
Charge
outstanding

EUROBANK CYPRUS LTD

Created 28/09/2017Registered 04/10/2017
Charge
outstanding

ALPHA BANK LONDON LIMITED

Created 13/07/2017Registered 25/07/2017
Charge
outstanding

ALPHA BANK LONDON LIMITED

Created 13/07/2017Registered 21/07/2017
Charge
outstanding

ALPHA BANK LONDON LIMITED

Created 13/07/2017Registered 14/07/2017
Charge
outstanding

EUROBANK CYPRUS LTD

Created 12/09/2016Registered 14/09/2016
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/12/2014Registered 15/12/2014Satisfied 28/01/2026

CompanyRankvs 33702+ SIC 68209 peers
63

Financial strength100th percentile among SIC peers · 25/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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33702Magic Living Limited
69
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.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/09/2025

Net Worth

£16.6M

Balance sheet strength

Cash

£866k

Cash in the bank

Net Current Assets

-£13.6M

Working capital

Current Assets

£64.0M

Current Liabilities

£77.5M

Fixed Assets

£31.3M

Debtors

£50.6M

2avg. employees

Balance Sheet

Bank loans & overdrafts£21.9M
Assets less current liabilities£17.7M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82-£1.3M
20240.79-£1.3M
20230.64—

Derived from filed accounts. Not audited figures.