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Magic Delivery Experts Ltd

13233427

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 4B, HIGH WYCOMBE, HP12 3BW
Incorporated 27/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47190
Other retail sale in non-specialised stores

Officers

Mr Sarvpreet Singh Saini

director · Since 12/12/2024

DIRECTOR

INDIAN · ENGLAND · Age 24

Persons with Significant Control

Mr Sarvpreet Singh Saini

75–100% shares

Indian · United Kingdom · Age 24

Unit 4b, Fryers Works, Abercromby Avenue, High Wycombe, HP12 3BW

Notified 08/01/2025

Former PSCs

Mr Majid Zameer

Ceased 01/04/2023

Mr Stephen James Hutchinson

Ceased 18/07/2024

Mr Vamshi Gattu

Ceased 06/01/2025

CompanyRankvs 1025+ SIC 47110 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.24× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity5/15 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 29/02/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£564k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£381k

Fixed Assets

£1.2M

Debtors

£1.0M

25avg. employees+12
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20244.24+£1.9M
20235.26+£785k
20220.04—

Derived from filed accounts. Not audited figures.