The Magic Wrap Limited
06959433
Details
Compliance
Last accounts
30/07/2024
micro entity
Next accounts due
27/04/2026
Confirmation statement
Last: 23/02/2025
Due 09/03/2026
Industry
Officers
director · Since 11/07/2009
RETAILER
BRITISH · UNITED KINGDOM · Age 43
Also on 1 other board
director · Since 28/04/2023
ACCOUNTANT
BRITISH · WALES · Age 49
Also on 6 other boards
Persons with Significant Control
Mr Edward John Hopkin Jones
British · United Kingdom · Age 43
Ground Floor, 16 Columbus Walk, Brigantine Place, Cardiff, CF10 4BY
Notified 22/04/2016
Insolvency History1 case
Katrina Jane Orum (practitioner) · Susan Clay (practitioner) · Huw Powell (practitioner)
CompanyRankvs 149140+ SIC 56103 peers52
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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.
Risk deductions
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/07/2024
Net Worth
£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£51k
Working capital
Current Assets
£47k
Current Liabilities
£98k
Fixed Assets
£54k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.48 | -£77k |
| 2023 | 1.95 | +£94k |
| 2022 | 0.42 | -£3k |
| 2021 | 0.53 | -£6k |
| 2020 | 0.37 | +£14k |
| 2019 | 0.37 | -£33k |
| 2018 | 0.60 | — |
Derived from filed accounts. Not audited figures.