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Magical Medicine Ltd

15274485

active
Private Limited Company
england wales
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

UNION HOUSE, COVENTRY, CV1 2NT
Incorporated 10/11/2023

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Samanther Ford

director · Since 10/11/2023

AYURVEDIC PRACTITIONER

BRITISH · ENGLAND · Age 51

Mrs Marija Zlotnikova

director · Since 10/11/2023

AYURVEDIC PRACTITIONER

LATVIAN · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Samanther Ford

25–50% shares
25–50% votes

British · England · Age 51

Union House, 111 New Union Street, Coventry, CV1 2NT

Notified 10/11/2023

Mrs Marija Zlotnikova

25–50% shares
25–50% votes

Latvian · England · Age 40

Union House, 111 New Union Street, Coventry, CV1 2NT

Notified 10/11/2023

CompanyRankvs 66027+ SIC 47910 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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66027Magical Medicine Ltd
33
How is this score calculated?
Financial strength2/25 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.

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 30/11/2024

Net Worth

-£29k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£25k

Current Liabilities

£53k

2avg. employees

Balance Sheet

Assets less current liabilities-£29k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.46

Derived from filed accounts. Not audited figures.