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Magic Tr Limited

12905919

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

61 HENING AVENUE, IPSWICH, IP3 9QJ
Incorporated 25/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43310
Plastering
43320
Joinery installation
43341
Painting
49410
Freight transport by road

Officers

Maciej Krawczyk

director · Since 25/09/2020

British

CompanyRankvs 62360+ SIC 43310 peers
27

Financial strength11th percentile among SIC peers · 3/25
Employees21th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees3/15 pts

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

Liquidity0/20 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 30/09/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

Current Liabilities

-£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£2k
Signed by Maciej Krawczyk