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Magic Basildon Limited

09275232

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

83 SOUTHERNHAY, BASILDON, SS14 1EU
Incorporated 22/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Bilal Tuga

director · Since 08/03/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 6 other boards

Persons with Significant Control

Mr Bilal Tuga

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

British · United Kingdom · Age 37

83, Southernhay, Basildon, SS14 1EU

Notified 08/03/2017

Former PSCs

Mrs Ayse Tekagac

Ceased 08/03/2017

CompanyRankvs 5587+ SIC 96020 peers
73

Financial strength66th percentile among SIC peers · 17/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.62× · 16/20
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 strength17/25 pts

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

Employees13/15 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.

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 30/09/2025

Net Worth

£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£2k

Current Liabilities

£1k

Fixed Assets

£420

5avg. employees+1

Balance Sheet

Assets less current liabilities£4k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.62+£470
20241.53+£444
20231.31-£3k
20221.15-£3k
20211.96

Derived from filed accounts. Not audited figures.