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Techmagic Uk Ltd

13076002

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

41 Devonshire Street, Ground Floor, London, W1G 7AJ
Incorporated 10/12/2020

Previously known as

Magic Technologies Ltd · until 13/11/2024

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/01/2026

Due 06/02/2027

On track

Industry

58290
Other software publishing
62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Artem Grebinnyk

director · Since 10/12/2020

British · United Kingdom · Age 47

Andrii Kuzmych

director · Since 31/07/2024

Ukrainian · Ukraine · Age 40

Persons with Significant Control

Mr Oleg Dats

25–50% shares
25–50% votes

Ukrainian · Ukraine · Age 38

41, Devonshire Street, London, W1G 7AJ

Notified 25/04/2023

Mr Andrii Kuzmych

25–50% shares
25–50% votes

Ukrainian · Ukraine · Age 40

41, Devonshire Street, London, W1G 7AJ

Notified 25/04/2023

Former PSCs

Mr Viktor Topchiy

Ceased 25/04/2023

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line141 Devonshire Street
2026-06-09

41 DEVONSHIRE STREET

post townLondon
2026-06-09

LONDON

officer appointedGREBINNYK, Artem
2026-06-09
officer appointedKUZMYCH, Andrii
2026-06-09

CompanyRankvs 1307+ SIC 58290 peers
68

Financial strength97th percentile among SIC peers · 24/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.29× · 12/20
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 strength24/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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 31/12/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£476k

Cash in the bank

Net Current Assets

£240k

Working capital

Current Assets

£1.1M

Current Liabilities

£817k

Fixed Assets

£897k

Debtors

£581k

2avg. employees

Tax at Year End

Corp tax£278k
VAT£12k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr Artem Grebinnyk Mr Andrii Kuzmych 23/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.29+£515k£234k
20230.80+£258k£203k
20221.13+£342k£6k
20211.13

Derived from filed accounts. Not audited figures.