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Magic League Limited

11890849

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

NORBROOK HOUSE UPPER WARREN AVENUE, READING, RG4 7EB
Incorporated 19/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Franck Merlin

director · Since 19/03/2019

CTO

FRENCH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr Andrew James Norton

director · Since 19/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 14 other boards

Velocity Corporate Directors Limited

director · Since 19/12/2019

Also on 25 other boards

Persons with Significant Control

Mr Franck Merlin

25–50% shares
25–50% votes

French · United Kingdom · Age 58

Norbrook House, Upper Warren Avenue, Reading, RG4 7EB

Notified 19/03/2019

Mr Andrew James Norton

25–50% shares
25–50% votes

British · England · Age 41

Norbrook House, Upper Warren Avenue, Reading, RG4 7EB

Notified 19/03/2019

CompanyRankvs 25759+ SIC 62012 peers
50

Financial strength91th percentile among SIC peers · 23/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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25759Magic League Limited
50
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.

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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 31/03/2025

Net Worth

£219k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£268k

Working capital

Current Assets

£74k

Current Liabilities

£342k

Fixed Assets

£487k

Debtors

£69k

0avg. employees-3

Balance Sheet

Intangible assets£486k
Assets less current liabilities£219k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.22+£7k
20240.31+£60k
20230.27+£764
20220.24+£9k
20210.77—

Derived from filed accounts. Not audited figures.