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Magic Hands Construction Ltd

15583460

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

21 YARROW CLOSE, BRISTOL, BS16 7NN
Incorporated 21/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Chidera Stanley Emeka

director · Since 21/03/2024

ENGINEER

NIGERIAN · ENGLAND · Age 26

Also on 6 other boards

Mrs Somto Blessing Emeka

director · Since 22/05/2024

COMPANY SECRETARY/DIRECTOR

NIGERIAN · ENGLAND · Age 23

Also on 1 other board

Miss Uche Mercy Emeka

director · Since 22/05/2024

COMPANY SECRETARY/DIRECTOR

NIGERIAN · ENGLAND · Age 27

Also on 5 other boards

Miss Kosi Emeka

secretary · Since 12/06/2024

Miss Tess Wooster

secretary · Since 12/06/2024

Persons with Significant Control

Mr Chidera Stanley Emeka

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

Nigerian · England · Age 26

21, Yarrow Close, Bristol, BS16 7NN

Notified 21/03/2024

CompanyRankvs 23681+ SIC 41201 peers
33

Financial strength13th percentile among SIC peers · 3/25
Employees89th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees13/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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 31/03/2025

Net Worth

-£2k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

Current Liabilities

£16k

Fixed Assets

£10k

5avg. employees
Prepared with VT Final Accounts