Magic Living Limited

06769893

active

Private Limited Company

england wales

Companies House

Health Score

65 / 100

Some Concerns

25/30

Filing

10/30

Financial

30/40

Risk

No accounts filed in last 18 months (-5)
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

30/06/2026

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 62

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

satisfied

CLOSE BROTHERS LIMITED

Created 15/09/2017Registered 21/09/2017Satisfied 08/04/2020

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 (AS LENDER)

Created 18/05/2015Registered 26/05/2015Satisfied 08/04/2020

Charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

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

Charge

satisfied

CLOSE BROTHERS LIMITED

Created 18/06/2014Registered 24/06/2014Satisfied 01/04/2015

Charge

satisfied

CLOSE BROTHERS LIMITED

Created 11/03/2014Registered 15/03/2014Satisfied 01/04/2015

charge

satisfied

SANTANDER UK PLC

Created 12/10/2010Registered 15/10/2010Satisfied 20/01/2015

charge

satisfied

SANTANDER UK PLC

Created 12/10/2010Registered 14/10/2010Satisfied 20/01/2015

charge

satisfied

SANTANDER UK PLC

Created 12/10/2010Registered 14/10/2010Satisfied 20/01/2015

charge

satisfied

SANTANDER UK PLC

Created 12/10/2010Registered 14/10/2010Satisfied 20/01/2015

charge

satisfied

MARFIN POPULAR BANK PUBLIC CO LTD

Created 08/04/2009Registered 11/04/2009Satisfied 08/02/2012

charge

satisfied

MARFIN POPULAR BANK PUBLIC CO LTD

Created 08/04/2009Registered 11/04/2009Satisfied 08/02/2012

CompanyRankvs 33198+ SIC 68209 peers
63

Financial strength100th percentile among SIC peers · 25/25

Employees77th percentile among SIC peers · 12/15

LiquidityCurrent ratio 0.79× · 6/20

Longevity15 years trading (max 15) · 15/15

Filing complianceAll filings up to date · 15/15

Outstanding charges -10

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33198Magic Living Limited

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 30/09/2024

Net Worth

£17.9M

Balance sheet strength

Cash

£869k

Cash in the bank

Net Current Assets

-£11.0M

Working capital

Current Assets

£40.5M

Current Liabilities

£51.5M

Fixed Assets

£30.0M

Debtors

£29.0M

2avg. employees-14

Tax at Year End(2018)

Corp tax£435k

Balance Sheet

Bank loans & overdrafts£23.9M

Assets less current liabilities£18.9M

Prepared with Digita Accounts Production Advanced

EstimatesDerived

Year	Current Ratio	Implied Profit
2024	0.79	-£1.3M
2023	0.64	+£11.2M
2022	0.19	-£519k
2021	0.19	-£114k
2020	0.12	-£483k
2019	1.09	-£2.0M
2018	0.80	—

Derived from filed accounts. Not audited figures.

Magic Living Limited

Details

Compliance

Industry

Officers

Persons with Significant Control

Charges15 outstanding

CompanyRankvs 33198+ SIC 68209 peers63

Key FinancialsYear ending 30/09/2024

EstimatesDerived

CompanyRankvs 33198+ SIC 68209 peers
63