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Magic Couriers Ltd

10748707

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

21 QUEEN ELIZABETH AVENUE, KING'S LYNN, PE30 4BY
Incorporated 02/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers
82990
Other business support service activities

Officers

Mr Giedrius Ripokas

director · Since 02/05/2017

DIRECTOR

LITHUANIAN · ENGLAND · Age 59

Also on 1 other board

Mr Jevgenij Vasiljev

director · Since 02/05/2017

DIRECTOR

LITHUANIAN · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Jevgenij Vasiljev

25–50% shares
25–50% votes
voting-rights-50-to-75-percent-as-firm

Lithuanian · England · Age 43

21, Queen Elizabeth Avenue, King's Lynn, PE30 4BY

Notified 02/05/2017

Mr Giedrius Ripokas

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm

Lithuanian · England · Age 59

21, Queen Elizabeth Avenue, King's Lynn, PE30 4BY

Notified 02/05/2019

CompanyRankvs 263+ SIC 53202 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.68× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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263Magic Couriers Ltd
77
How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 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.

Longevity9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£55k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£70k

Current Liabilities

£19k

Fixed Assets

£11k

2avg. employees

Balance Sheet

Assets less current liabilities£63k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.68+£0
20253.68+£17k
20243.77-£232
20233.81—

Derived from filed accounts. Not audited figures.