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Magic Twin Ltd

09751864

active
Private Limited Company
england wales
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

1ST FLOOR 5 CENTURY COURT, WATFORD, WD18 9PX
Incorporated 27/08/2015

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/08/2025

Due 09/09/2026

On track

Industry

86230
Dental practice activities

Officers

Dr Jose Manuel Navarro Martinez

director · Since 27/08/2015

DOCTOR

SPANISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Dr Jose Manuel Navarro Martinez

75–100% shares
75–100% votes

Spanish · England · Age 47

1st Floor, 5 Century Court, Watford, WD18 9PX

Notified 06/04/2016

CompanyRankvs 2643+ SIC 86230 peers
71

Financial strength84th percentile among SIC peers · 21/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 7.55× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees4/15 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.

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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£317k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£311k

Working capital

Current Assets

£359k

Current Liabilities

£47k

Fixed Assets

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£320k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.55+£70k
202315.43-£31k
20225.49+£73k
20213.30+£76k
20203.09-£22k
201917.42-£57k
20185.30

Derived from filed accounts. Not audited figures.