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Magic Helping Hands Limited

11533812

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

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

Details

UNIT 215, CHELMSFORD, CM1 2QE
Incorporated 23/08/2018

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

Industry

78200
Temporary employment agency activities
87200
Residential care activities for mental health, substance abuse and intellectual disabilities
87300
Residential care activities for the elderly and disabled
87900
Other residential care activities

Officers

Mrs Yema Akinwande

director · Since 23/08/2018

CONSULTANT

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mrs Yema Akinwande

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

British · United Kingdom · Age 44

Unit 215, 2 Cromar Way, Chelmsford, CM1 2QE

Notified 23/08/2018

Former PSCs

Mr Kayode Akinwande

Ceased 10/10/2025

CompanyRankvs 860+ SIC 78200 peers
81

Financial strength95th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4× · 20/20
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 strength24/25 pts

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

Employees14/15 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.

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 31/08/2024

Net Worth

£423k

Balance sheet strength

Cash

£549k

Cash in the bank

Net Current Assets

£628k

Working capital

Current Assets

£838k

Current Liabilities

£210k

Debtors

£289k

32avg. employees

Balance Sheet

Bank loans & overdrafts£205k
Assets less current liabilities£628k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20244.00+£90k
20235.35+£185k
20222.40+£120k
2021+£23k

Derived from filed accounts. Not audited figures.