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Magical Creations Limited

09922085

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 11 outstanding charges (-10)

Details

57 PARK DRIVE, LONDON, W3 8ND
Incorporated 18/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Pallavi Sharma

director · Since 18/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mrs Pallavi Sharma

50–75% shares
50–75% votes
Appoint directors

British · England · Age 45

57, Park Drive, London, W3 8ND

Notified 13/05/2026

Former PSCs

Dr Sumit Sharma

Ceased 23/12/2025

Mrs Pallavi Sharma

Ceased 12/05/2026

Charges11 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 03/03/2023Registered 03/03/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 02/09/2019Registered 06/09/2019
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 18/12/2018Registered 20/12/2018
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 26/04/2018Registered 12/05/2018
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 26/04/2018Registered 04/05/2018
Charge
outstanding

ONESAVINGS BANK PLC T/A KENT RELIANCE BANKING SERVICES

Created 12/01/2018Registered 13/01/2018
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 04/01/2018Registered 05/01/2018
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 04/04/2017Registered 06/04/2017
Charge
outstanding

ONESAVINGS BANK PLC TRADING AS KENT RELIANCE BANKING SERVICES

Created 11/10/2016Registered 31/03/2017
Charge
outstanding

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 10/02/2017Registered 13/02/2017
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 10/02/2017Registered 13/02/2017

CompanyRankvs 77484+ SIC 68209 peers
48

Financial strength73th percentile among SIC peers · 18/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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77484Magical Creations Limited
57
How is this score calculated?
Financial strength18/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

£53k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£4k

Current Liabilities

£33k

Fixed Assets

£1.9M

Debtors

£650

2avg. employees+2

Balance Sheet

Bank loans & overdrafts£17k
Assets less current liabilities£1.9M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£275
20230.31+£16k
20219.74+£12k
202011.99+£15k
20192.98—
2018114.44—

Derived from filed accounts. Not audited figures.