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Magic Fix Ltd

14283960

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

44 CROWN HOUSE 119 BARTON LANE, MANCHESTER, M30 0ZD
Incorporated 08/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Rami Labek

director · Since 08/08/2022

SITE MANAGER

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Rami Labek

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 37

44 Crown House, 119 Barton Lane, Manchester, M30 0ZD

Notified 08/08/2022

CompanyRankvs 25299+ SIC 43290 peers
32

Financial strength13th percentile among SIC peers · 3/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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25299Magic Fix Ltd
27
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.

Employees4/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 31/08/2025

Net Worth

-£382

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£382

Working capital

Current Assets

£2k

Current Liabilities

£3k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£382
Signed by 1.9.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20250.85
20241.41
20230.17

Derived from filed accounts. Not audited figures.