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Magic Accommodations Ltd

12963725

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

21 QUEEN ELIZABETH AVENUE, KING'S LYNN, PE30 4BY
Incorporated 20/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Giedrius Ripokas

director · Since 20/10/2020

VAN DRIVER

LITHUANIAN · ENGLAND · Age 59

Also on 1 other board

Mr Jevgenij Vasiljev

director · Since 20/10/2020

VAN DRIVER

LITHUANIAN · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Giedrius Ripokas

25–50% shares
25–50% votes

Lithuanian · England · Age 59

21, Queen Elizabeth Avenue, King's Lynn, PE30 4BY

Notified 20/10/2020

Mr Jevgenij Vasiljev

25–50% shares
25–50% votes
Appoint directors

Lithuanian · England · Age 43

64, Morleys Leet, King's Lynn, PE30 5GE

Notified 20/10/2020

Charges3 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 01/05/2026Registered 07/05/2026
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 20/05/2022Registered 25/05/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 28/01/2022Registered 02/02/2022
Charge
satisfied

LANDBAY PARTNERS LIMITED

Created 26/02/2021Registered 04/03/2021Satisfied 12/05/2026

CompanyRankvs 95883+ SIC 68100 peers
32

Financial strength62th percentile among SIC peers · 16/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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95883Magic Accommodations Ltd
41
How is this score calculated?
Financial strength16/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£172k

Working capital

Current Assets

£9k

Current Liabilities

£181k

Fixed Assets

£454k

0avg. employees

Balance Sheet

Assets less current liabilities£282k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05+£18k
20230.01—

Derived from filed accounts. Not audited figures.