Magic Tech Ltd
13508558
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 12/07/2025
Due 26/07/2026
Industry
Officers
director · Since 15/12/2025
BRITISH · UNITED KINGDOM · Age 44
Also on 4 other boards
Persons with Significant Control
Mr Varun Bhanot
British · England · Age 35
9th Floor, 107 Cheapside, London, EC2V 6DN
Notified 13/07/2021
Charges0 outstanding
UNCAPPED LTD
JUICE VENTURES LIMITED
CompanyRankvs 149130+ SIC 62090 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£2
Balance sheet strength
Cash
£2.4M
Cash in the bank
Net Current Assets
£2.8M
Working capital
Current Assets
£3.8M
Current Liabilities
£1.0M
Fixed Assets
£2k
Debtors
£400k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.66 | — |
| 2023 | 2.51 | -£447k |
| 2022 | 11.46 | — |
Derived from filed accounts. Not audited figures.