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Magic Holdings Limited

12538169

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SULZER HOUSE, BRENTFORD, TW8 8BD
Incorporated 30/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars
68320
Management of real estate on a fee or contract basis

Officers

Mr Merlin Mccormack

director · Since 30/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 32

Persons with Significant Control

Mr Merlin Mccormack

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

British · England · Age 32

Sulzer House, Catherine Wheel Road, Brentford, TW8 8BD

Notified 30/03/2020

CompanyRankvs 20212+ SIC 56302 peers
30

Financial strength13th percentile among SIC peers · 3/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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20212Magic Holdings Limited
30
How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 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.

Longevity6/15 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

-£54k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£24k

Current Liabilities

£79k

Fixed Assets

£851

Debtors

£108

1avg. employees

Balance Sheet

Assets less current liabilities-£54k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.31-£34k
20240.47+£3k
20230.42—

Derived from filed accounts. Not audited figures.