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Magic Medics Ltd

14848324

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

96 MANNION AVENUE, COVENTRY, CV6 7QB
Incorporated 05/05/2023

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 28/06/2025

Due 12/07/2026

On track

Industry

86210
General medical practice activities

Officers

Dr Ibidolapo Taiwo Ijarotimi

director · Since 05/05/2023

DOCTOR

NIGERIAN · UNITED KINGDOM · Age 48

Also on 2 other boards

Persons with Significant Control

Dr Ibidolapo Taiwo Ijarotimi

25–50% shares
75–100% votes
Appoint directors

Nigerian · United Kingdom · Age 48

96, Mannion Avenue, Coventry, CV6 7QB

Notified 05/05/2023

CompanyRankvs 17228+ SIC 86210 peers
34

Financial strength34th percentile among SIC peers · 9/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 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.

Longevity3/15 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 31/05/2025

Net Worth

£581

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£581

Working capital

Current Assets

£56

Current Liabilities

£637

1avg. employees+1

Balance Sheet

Assets less current liabilities£581
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.09
20241.00

Derived from filed accounts. Not audited figures.