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Magic Sound Ltd

07433425

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

44 1st Floor, 44 Worship Street, London, EC2A 2EA
Incorporated 09/11/2010

Compliance

Last accounts

28/02/2025

unaudited abridged

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 10/04/2026

Due 24/04/2027

On track

Industry

90040
Operation of arts facilities

Officers

Ms Ping Zhang

secretary · Since 26/04/2018

Also on 4 other boards

Ms Ping Zhang

director · Since 01/07/2025

COMPANY DIRECTOR

CHINESE · ENGLAND · Age 49

Also on 4 other boards

Ping Zhang

secretary · Since 26/04/2018

Ping Zhang

director · Since 01/07/2025

Chinese · England · Age 49

Former

Martyn Gerard Cull

director · Resigned 09/11/2010

Xiongfei Wang

director · Resigned 01/07/2025

Persons with Significant Control

Mr Xiongfei Wang

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

Chinese · England · Age 49

44, 1st Floor, London, EC2A 2EA

Notified 06/04/2016

Change History

statusactive
2026-08-15

Active

typeltd
2026-08-15

Private Limited Company

address line144 1st Floor
2026-08-15

44 1ST FLOOR

post townLondon
2026-08-15

LONDON

officer appointedZHANG, Ping
2026-08-15
officer appointedZHANG, Ping
2026-08-15

CompanyRankvs 168+ SIC 90040 peers
80

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£665k

Balance sheet strength

Cash

£2.9M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£5.5M

Current Liabilities

£4.3M

Fixed Assets

£100k

Debtors

£2.6M

9avg. employees+2

Balance Sheet

Assets less current liabilities£1.3M
Signed by 07433425 2024-03-01 2025-02-28 07433425 2025-02-28 07433425 core:CurrentFinancialInstruments 2025-02-28 07433425 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.27+£69k
20241.35+£2.3M
20230.78

Derived from filed accounts. Not audited figures.