Magic Brands Limited
12917057
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/09/2020
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 11 other boards
Persons with Significant Control
Mr Leon Reza Esfahani
British · United Kingdom · Age 44
1315, Neath Road, Swansea, SA1 2LF
Notified 30/09/2020
CompanyRankvs 8203+ SIC 70100 peers54
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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
£368k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£611k
Working capital
Current Assets
£6k
Current Liabilities
£617k
Fixed Assets
£4.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | +£181k |
| 2023 | 0.20 | +£50k |
| 2022 | 0.16 | +£99k |
| 2021 | 1.48 | — |
Derived from filed accounts. Not audited figures.