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Magic Flats Limited

10518917

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

139 FURLONG ROAD, ROTHERHAM, S63 8HD
Incorporated 09/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Francesco Vitetta

director · Since 09/12/2016

DIRECTOR

ITALIAN · ENGLAND · Age 53

Also on 3 other boards

Charges1 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 12/05/2017Registered 13/05/2017

CompanyRankvs 33599+ SIC 68320 peers
42

Financial strength89th percentile among SIC peers · 22/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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10Compton Property Management Limited
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33599Magic Flats Limited
51
How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 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.

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 31/07/2024

Net Worth

£104k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£7k

Current Liabilities

£20k

Fixed Assets

£364k

0avg. employees-1

Balance Sheet

Assets less current liabilities£351k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.37+£16k
20230.48+£9k
20220.74+£8k
20210.66+£9k
20200.47+£36k
2019-0.23+£33k
2018-0.36—

Derived from filed accounts. Not audited figures.