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Majic Estates Ltd

10037413

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

178 BEXLEY ROAD, LONDON, SE9 2PH
Incorporated 02/03/2016

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 01/03/2026

Due 15/03/2027

On track

Industry

68209
Other letting and operating of own or leased real estate
68310
Real estate agencies

Officers

Mr Jignesh Kumar Patel

director · Since 02/03/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 4 other boards

Mrs Monica Patel

director · Since 02/03/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Mr Jignesh Kumar Patel

25–50% shares
25–50% votes
significant-influence-or-control-as-firm

British · United Kingdom · Age 58

178, Bexley Road, London, SE9 2PH

Notified 06/04/2016

Mrs Monica Patel

25–50% shares
25–50% votes
significant-influence-or-control-as-firm

British · United Kingdom · Age 50

178, Bexley Road, London, SE9 2PH

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/01/2017Registered 06/01/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/11/2016Registered 02/12/2016

CompanyRankvs 10754+ SIC 68209 peers
72

Financial strength84th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.95× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 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.

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 31/03/2025

Net Worth

£215k

Balance sheet strength

Cash

£65k

Cash in the bank

Net Current Assets

£114k

Working capital

Current Assets

£153k

Current Liabilities

£39k

Fixed Assets

£123k

Debtors

£55k

4avg. employees

Balance Sheet

Assets less current liabilities£237k
Signed by Mr Jignesh Patel 28th March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.95+£0
20253.95+£12k
20243.37+£21k
20231.77—

Derived from filed accounts. Not audited figures.