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Majic Estates Ltd

10037413

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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
Charge
satisfied

LLOYDS BANK PLC

Created 26/08/2016Registered 26/08/2016Satisfied 23/12/2016

CompanyRankvs 10571+ SIC 68209 peers
71

Financial strength84th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.95× · 20/20
Longevity10 years trading (max 15) · 10/15
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.

Longevity10/15 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+£8k
20224.87+£7k
20216.57+£27k
20204.96+£39k
20194.08—

Derived from filed accounts. Not audited figures.