Magicbeans Physical Audio Ltd
11565164
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/09/2018
DIRECTOR
BRITISH · BELGIUM · Age 49
Also on 1 other board
Persons with Significant Control
Mr Gareth Richard Llewellyn
British · Belgium · Age 49
6, Melrose Place, Watford, WD17 4LN
Notified 12/09/2018
Former PSCs
Mr Jonathan Michael Olive
Ceased 08/10/2024
CompanyRankvs 3807+ SIC 62011 peers43
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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 30/09/2024
Net Worth
-£38k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£13k
Current Liabilities
£26k
Fixed Assets
£0
Debtors
£11k
Profit After Tax
-£19k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.50 | +£2k |
| 2023 | 0.28 | -£19k |
| 2022 | 1.05 | -£15k |
| 2021 | 1.71 | -£30k |
| 2020 | 2.67 | +£13k |
| 2019 | 1.16 | — |
Derived from filed accounts. Not audited figures.