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The Magic Wrap Limited

06959433

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

GROUND FLOOR, 16 COLUMBUS WALK, CARDIFF, CF10 4BY
Incorporated 11/07/2009

Compliance

Last accounts

30/07/2024

micro entity

Next accounts due

27/04/2026

Overdue

Confirmation statement

Last: 23/02/2025

Due 09/03/2026

Overdue

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Edward John Hopkin Jones

director · Since 11/07/2009

RETAILER

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Mr David Jon Llewellyn

director · Since 28/04/2023

ACCOUNTANT

BRITISH · WALES · Age 49

Also on 6 other boards

Persons with Significant Control

Mr Edward John Hopkin Jones

75–100% shares

British · United Kingdom · Age 43

Ground Floor, 16 Columbus Walk, Brigantine Place, Cardiff, CF10 4BY

Notified 22/04/2016

Insolvency History1 case

creditors voluntary liquidation28/07/2025

Katrina Jane Orum (practitioner) · Susan Clay (practitioner) · Huw Powell (practitioner)

CompanyRankvs 149140+ SIC 56103 peers
52

Financial strength60th percentile among SIC peers · 15/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength15/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

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

Liquidity2/20 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

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

19avg. employees+19

Balance Sheet

Assets less current liabilities£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£77k
20231.95+£94k
20220.42-£3k
20210.53-£6k
20200.37+£14k
20190.37-£33k
20180.60

Derived from filed accounts. Not audited figures.