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Spirit Magick Therapies Limited

13508522

activeactive proposal to strike off
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

Union House, 111 New Union Street, Coventry, CV1 2NT
Incorporated 13/07/2021

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 12/07/2025

Due 26/07/2026

On track

Industry

96040
Physical well-being activities

Officers

Rachael Elizabeth Hillam

director · Since 13/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Diane Price

director · Since 13/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Rachael Elizabeth Hillam

director · Since 13/07/2021

British · England · Age 54

Diane Price

director · Since 13/07/2021

British · England · Age 60

Persons with Significant Control

Spiritual Keys Limited

ownership-of-shares-75-to-100-percent-as-firm

15, Newland, Lincoln, LN1 1XG

Reg: 13506149 · United Kingdom · Incorporated

Notified 13/07/2021

Change History

status → active
2026-06-15

Active

type → ltd
2026-06-15

Private Limited Company

address line1 → Union House
2026-06-15

UNION HOUSE

post town → Coventry
2026-06-15

COVENTRY

officer appointed → HILLAM, Rachael Elizabeth
2026-06-15
officer appointed → PRICE, Diane
2026-06-15

CompanyRankvs 7254+ SIC 96040 peers
26

Financial strength10th percentile among SIC peers · 3/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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7254Spirit Magick Therapies Limited
35
How is this score calculated?
Financial strength3/25 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.

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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/07/2025

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£2k

Current Liabilities

£14k

Debtors

£2k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£12k
Signed by Mrs R Hillam,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.14
20240.19
20230.21
20220.27

Derived from filed accounts. Not audited figures.