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Majic Management Ltd

09554648

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 POST OFFICE HOUSE BRIDGE ROAD, SOUTHAMPTON, SO31 7ED
Incorporated 22/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Matthew Paul Saunders

director · Since 22/04/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Matthew Paul Saunders

75–100% shares

British · England · Age 44

1 Post Office House, Bridge Road, Southampton, SO31 7ED

Notified 01/07/2016

CompanyRankvs 52172+ SIC 74909 peers
21

Financial strength4th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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52172Majic Management Ltd
31
How is this score calculated?
Financial strength1/25 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.

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.

Longevity11/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 30/04/2025

Net Worth

-£45k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£25k

Current Liabilities

£75k

Fixed Assets

£755

Debtors

£21k

0avg. employees

Balance Sheet

Assets less current liabilities-£49k
Signed by M Saunders,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.34+£3k
20240.51-£2k
20230.50—

Derived from filed accounts. Not audited figures.