Mb Magic Ltd
10024357
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/02/2016
MANAGER
BRITISH · UNITED KINGDOM · Age 54
Also on 15 other boards
Persons with Significant Control
Mr Mark Bennett
British · England · Age 54
30-31, St James Place, Bristol, BS16 9JB
Notified 01/09/2016
CompanyRankvs 18214+ SIC 56302 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£12k
Balance sheet strength
Cash
£19k
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£37k
Current Liabilities
£42k
Debtors
£14k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.89 | -£7k |
| 2024 | 1.12 | -£9k |
| 2023 | 1.47 | +£5k |
| 2022 | 1.27 | +£3k |
| 2021 | 1.39 | — |
| 2020 | 0.43 | — |
| 2019 | 0.99 | — |
Derived from filed accounts. Not audited figures.