Blue Magik Limited
07391742
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Rehan Ali Khan
British · United Kingdom · Age 43
109 Coleman Road, Leicester, LE5 4LE
Notified 06/04/2016
Former PSCs
Mrs. Urooj Khan
Ceased 30/09/2023
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 37476+ SIC 47910 peers39
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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
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
-£90k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£20k
Working capital
Current Assets
£57k
Current Liabilities
£77k
Fixed Assets
£1
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.74 | -£44k | £53k |
| 2023 | 1.43 | -£33k | £65k |
| 2022 | 1.17 | -£15k | £77k |
| 2021 | 1.48 | +£1k | — |
| 2020 | 1.55 | — | — |
| 2019 | 1.04 | — | — |
| 2018 | 1.05 | — | — |
Derived from filed accounts. Not audited figures.