Magic For Engineering Works Ltd
14785930
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/04/2025
micro entity
Next accounts due
31/01/2027
Confirmation statement
Last: 05/04/2025
Due 19/04/2026
Industry
Officers
director · Since 06/04/2023
COMPANY DIRECTOR
EGYPTIAN · UNITED KINGDOM · Age 28
Persons with Significant Control
Mr Ahmed Magdy Sayed Hassan
Egyptian · United Kingdom · Age 28
14785930 - Companies House Default Address, Cardiff, CF14 8LH
Notified 06/04/2023
Magic For Engineering Works Egypt
8, Abdelhamid Hassan Street, Cairo, 000 000
Reg: 559/2000 · Egyptian Authority Of General Companies · Limited By Shares
Notified 06/04/2023
CompanyRankvs 3539+ SIC 25110 peers26
Show leaderboard
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 30/04/2025
Net Worth
-£18k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
-£7k
Current Liabilities
£5k
Fixed Assets
-£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | -1.46 | -£19k |
| 2024 | 10.41 | — |
Derived from filed accounts. Not audited figures.