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Grow Magic Hydroponics Limited

08291333

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

5 ROYAL PARADE, DAWES ROAD, LONDON, SW6 7RE
Incorporated 13/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Oliver Emmanuel Fisher

director · Since 13/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Persons with Significant Control

Mr Oliver Emmanuel Fisher

75–100% shares

British · England · Age 43

5, Royal Parade, Dawes Road, London, SW6 7RE

Notified 13/11/2016

CompanyRankvs 7653+ SIC 47789 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 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.

Longevity14/15 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 30/11/2024

Net Worth

-£52k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£11k

Current Liabilities

£49k

0avg. employees-1

Balance Sheet

Bank loans & overdrafts£14k
Assets less current liabilities-£38k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22-£7k
20230.48-£17k
20220.76-£7k
20211.01

Derived from filed accounts. Not audited figures.