Magicwire Limited
10494702
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/11/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 37
Also on 2 other boards
Persons with Significant Control
Mr Saam Shams
British · United Kingdom · Age 37
Lanterns, North St, Windsor, SL4 4SY
Notified 24/11/2016
Mr Matthew David Cutler
British · United Kingdom · Age 41
168a, Graham Road, London, E8 1BS
Notified 24/11/2016
Mr Sean Anthony West
British · United Kingdom · Age 47
25, Wentworth Road, Nottingham, NG5 2LL
Notified 24/11/2016
CompanyRankvs 117+ SIC 47630 peers68
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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 30/11/2024
Net Worth
£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£11k
Current Liabilities
£8k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.42 | -£263 |
| 2023 | 1.47 | +£2k |
| 2022 | 1.27 | — |
| 2021 | 1.03 | — |
| 2020 | 1.36 | — |
| 2019 | 1.19 | — |
| 2018 | 0.33 | — |
Derived from filed accounts. Not audited figures.