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Magical Mc Cic

13070498

active
Community Interest Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

62 HENRY FOWLER DRIVE, WOLVERHAMPTON, WV6 8TL
Incorporated 08/12/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/12/2025

Due 21/12/2026

On track

Industry

85590
Other education
88990
Other social work activities without accommodation

Officers

Dr Gushinder Kaur Atwal

secretary · Since 08/12/2020

Mr Manjinder Singh Atwal

director · Since 08/12/2020

PROFESSIONAL COACH

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Dr Viral Chavda

director · Since 08/12/2020

DENTIST

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mrs Navjoyt Kaur Matharu

director · Since 23/10/2023

STRATEGIC HR CONSULTANT

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Manjinder Singh Atwal

75–100% votes
Appoint directors

British · England · Age 46

62, Henry Fowler Drive, Wolverhampton, WV6 8TL

Notified 08/12/2020

Dr Viral Chavda

Significant control

British · England · Age 39

62, Henry Fowler Drive, Wolverhampton, WV6 8TL

Notified 13/09/2023

Former PSCs

Mr Mohammed Kasujee

Ceased 17/12/2025

CompanyRankvs 5073+ SIC 85590 peers
72

Financial strength72th percentile among SIC peers · 18/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 8.66× · 20/20
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 strength18/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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 31/12/2025

Turnover

£9k

Annual revenue

Net Worth

£9k

Balance sheet strength

Cash

£23k

Cash in the bank

Profit Before Tax

£8k

Bottom line earnings

Net Current Assets

£21k

Working capital

Current Assets

£23k

Current Liabilities

£3k

Fixed Assets

£426

Cost of Sales

£5k

Gross Profit

£4k

Admin Expenses

£44k

Operating Profit

£8k

3avg. employees+2

Balance Sheet

Assets less current liabilities£21k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20258.66

Derived from filed accounts. Not audited figures.