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Generative Magic Ltd

15001303

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)
  • Current liabilities exceed current assets (-10)

Details

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 13/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing

Officers

Alexander Ian Tew

director · Since 13/07/2023

ENTREPRENEUR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Alexander Ian Tew

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

British · England · Age 42

85, Great Portland Street, London, W1W 7LT

Notified 13/07/2023

CompanyRankvs 7498+ SIC 58290 peers
28

Financial strength1th percentile among SIC peers · 0/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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7498Generative Magic Ltd
27
How is this score calculated?
Financial strength0/25 pts

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

Employees8/15 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 31/12/2024

Net Worth

-£722k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£722k

Working capital

Current Assets

£5k

Current Liabilities

£726k

1avg. employees

Balance Sheet

Assets less current liabilities-£722k
Signed by Mr Alexander Ian Tew 03/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.01

Derived from filed accounts. Not audited figures.