Back to search

Chippy Magic Ltd

15108576

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

5 DROVE ROAD, SWINDON, SN1 3AD
Incorporated 01/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Ufuk Yilirimsarisi

director · Since 01/09/2023

DIRECTOR

TURKISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mr Ufuk Yilirimsarisi

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

Turkish · England · Age 35

10 New Road, Chippenham, SN15 1HH

Notified 01/09/2023

CompanyRankvs 18636+ SIC 56103 peers
49

Financial strength51th percentile among SIC peers · 13/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1C. And P. Rothwell Limited
90
2Better Fish Limited
90
3Pelmville Limited
90
4Schwartz Brothers Limited
90
5T. Kennedy And Sons Limited
90
6Nearcrown Limited
90
7Gadstyle Limited
90
8Adil Catering Limited
90
9Super Restaurants Limited
90
10Kash Ph Ltd
90
18636Chippy Magic Ltd
48
How is this score calculated?
Financial strength13/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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 30/09/2024

Net Worth

£857

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£857

Working capital

Current Assets

£11k

Current Liabilities

£10k

2avg. employees

Balance Sheet

Assets less current liabilities£857
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.09

Derived from filed accounts. Not audited figures.