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Magickitchens Manchester Ltd

07575012

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 3 CAWDOR STREET, BOLTON, BL4 7EA
Incorporated 23/03/2011

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/03/2026

Due 26/03/2027

On track

Industry

31010
Manufacture of office and shop furniture
31020
Manufacture of kitchen furniture

Officers

Mrs Nora Nedelcheva

director · Since 23/03/2011

DIRECTOR

BULGARIAN · ENGLAND · Age 45

Persons with Significant Control

Mrs Nora Nedelcheva

75–100% shares

Bulgarian · England · Age 45

Unit 3, Cawdor Street, Bolton, BL4 7EA

Notified 10/04/2016

Charges0 outstanding

Charge
satisfied

DEUTSCHE LEASING (UK) LTD

Created 23/04/2020Registered 23/04/2020Satisfied 28/08/2025

CompanyRankvs 208+ SIC 31010 peers
75

Financial strength78th percentile among SIC peers · 20/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.96× · 16/20
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 strength20/25 pts

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

Employees9/15 pts

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

Liquidity16/20 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 31/03/2025

Net Worth

£177k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£137k

Current Liabilities

£70k

Fixed Assets

£214k

Debtors

£133k

3avg. employees

Balance Sheet

Bank loans & overdrafts£29k
Assets less current liabilities£282k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.96-£9k
20243.92+£22k
20233.08+£26k
20223.22+£3k
20212.17+£12k
202013.89+£32k
20190.74

Derived from filed accounts. Not audited figures.