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Majic Property (Two) Limited

07865966

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

69 HIGH STREET, BIDEFORD, EX39 2AT
Incorporated 30/11/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Paul Andrew Jury

director · Since 30/11/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Mr Michael Thomas Ashton

director · Since 03/01/2012

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Persons with Significant Control

Mr Paul Andrew Jury

25–50% shares
25–50% votes

British · England · Age 65

69 High Street, Bideford, EX39 2AT

Notified 06/04/2016

Mr Michael Thomas Ashton

25–50% shares
25–50% votes

British · England · Age 62

Flagstaff House, Lower Cleave, Bideford, EX39 2RH

Notified 06/04/2016

CompanyRankvs 21389+ SIC 41202 peers
59

Financial strength27th percentile among SIC peers · 7/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.93× · 20/20
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 strength7/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£2

Balance sheet strength

Cash

£427k

Cash in the bank

Net Current Assets

£913k

Working capital

Current Assets

£1.4M

Current Liabilities

£473k

Debtors

£24k

0avg. employees

Balance Sheet

Assets less current liabilities£913k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.93
20232.82
20223.23
20213.21
20202.98
20192.77
20182.64

Derived from filed accounts. Not audited figures.