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Magic Carpet Ai Limited

11172221

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

MINSHULL HOUSE, 67 WELLINGTON ROAD NORTH, STOCKPORT, SK4 2LP
Incorporated 26/01/2018

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/01/2026

Due 08/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Nicolas Claude Cary

director · Since 05/11/2021

DIRECTOR

AMERICAN · ENGLAND · Age 41

Also on 3 other boards

Mr Alasdair John Turnbull

director · Since 05/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Ocs Corporate Secretaries Limited

secretary · Since 25/11/2021

BRITISH

Also on 180 other boards

Persons with Significant Control

Blockchain (Gb) Limited

75–100% shares
75–100% votes
Appoint directors

86-90, Paul Street, 3rd Floor, London, EC2A 4NE

Reg: 09325294 · Companies House · Private Limited Company

Notified 05/11/2021

Former PSCs

Dr Daniel Claude Baeriswyl

Ceased 12/12/2019

Dr Guillaume Pernelle

Ceased 12/12/2019

Dr Jean David Wurtz

Ceased 12/12/2019

CompanyRankvs 41061+ SIC 62012 peers
35

Financial strength5th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/12/2023

Net Worth

-£65k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£143k

Working capital

Current Assets

Current Liabilities

£143k

Fixed Assets

£78k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£65k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
2023-£11k
2022-£39k
20211.17+£17k
2021-£474k
2020142.87+£397k
20193.66

Derived from filed accounts. Not audited figures.