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Magic Taping And Jointing Ltd

09135976

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

18 GILBERT HOUSE, CHESHIRE, WA7 1NJ
Incorporated 17/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43310
Plastering

Officers

Mr Baffour Obeng

director · Since 17/07/2014

DRYLINER

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Baffour Obeng

75–100% shares

Ghanaian · England · Age 39

18, Gilbert House, Cheshire, WA7 1NJ

Notified 17/07/2016

CompanyRankvs 2851+ SIC 43310 peers
56

Financial strength65th percentile among SIC peers · 16/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

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.

Longevity12/15 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 31/07/2025

Net Worth

£11k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£76k

Current Liabilities

£57k

Fixed Assets

£2k

Debtors

£21k

0avg. employees

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£21k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.33+£7k
20241.91+£3k
20232.10+£3k
20223.48-£9k
202114.37+£6k
2020+£7k
2019-£3k

Derived from filed accounts. Not audited figures.