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Magic Colour Limited

14350136

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

FLAT 8 CAMELLIA APARTMENTS, LONDON, NW10 8RY
Incorporated 12/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering
43341
Painting

Officers

Mr Sami Al Kawarit

director · Since 12/09/2022

COMPANY DIRECTOR

SYRIAN · ENGLAND · Age 39

Persons with Significant Control

Mr Sami Al Kawarit

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

Syrian · England · Age 39

Flat 8 Camellia Apartments, 87 Hilltop Avenue, London, NW10 8RY

Notified 12/09/2022

CompanyRankvs 7375+ SIC 43330 peers
34

Financial strength12th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 pts

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

Liquidity0/20 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 30/09/2024

Net Worth

-£2k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

Current Liabilities

£6k

3avg. employees+3
Prepared with Taxfiler