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Magik Clippers Ltd

11704717

active
Private Limited Company
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

3 WESTLEGATE, NORWICH, NR1 3LT
Incorporated 30/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Sarmand Mould Salih

director · Since 30/11/2018

OWNER OF BUSINESS

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Sarmand Mould Salih

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 45

3, Westlegate, Norwich, NR1 3LT

Notified 30/11/2018

CompanyRankvs 4219+ SIC 96020 peers
72

Financial strength73th percentile among SIC peers · 18/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 21.49× · 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 strength18/25 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.

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 30/11/2024

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£25k

Current Liabilities

£1k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities£26k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202421.49+£751
20233.81-£10k
20224.85+£4k
20215.66+£6k
20200.27-£136
20190.19

Derived from filed accounts. Not audited figures.