magic man limited Company Information
Company Number
04143687
Next Accounts
261 days late
Shareholders
mark kevin henderson
vanessa henderson
View AllGroup Structure
View All
Industry
Other building completion and finishing
Registered Address
warehouse w 3 western gateway, royal victoria docks, london, E16 1BD
Website
www.magicman.co.ukmagic man limited Estimated Valuation
Pomanda estimates the enterprise value of MAGIC MAN LIMITED at £2.2m based on a Turnover of £5.8m and 0.39x industry multiple (adjusted for size and gross margin).
magic man limited Estimated Valuation
Pomanda estimates the enterprise value of MAGIC MAN LIMITED at £0 based on an EBITDA of £-382.2k and a 4.25x industry multiple (adjusted for size and gross margin).
magic man limited Estimated Valuation
Pomanda estimates the enterprise value of MAGIC MAN LIMITED at £0 based on Net Assets of £-1.2m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Magic Man Limited Overview
Magic Man Limited is a live company located in london, E16 1BD with a Companies House number of 04143687. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in January 2001, it's largest shareholder is mark kevin henderson with a 55% stake. Magic Man Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.8m with declining growth in recent years.
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Magic Man Limited Health Check
Pomanda's financial health check has awarded Magic Man Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs


2 Strong

3 Regular

7 Weak

Size
annual sales of £5.8m, make it larger than the average company (£300.6k)
- Magic Man Limited
£300.6k - Industry AVG

Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (6.6%)
- Magic Man Limited
6.6% - Industry AVG

Production
with a gross margin of 25.1%, this company has a comparable cost of product (25.1%)
- Magic Man Limited
25.1% - Industry AVG

Profitability
an operating margin of -11.3% make it less profitable than the average company (6.6%)
- Magic Man Limited
6.6% - Industry AVG

Employees
with 106 employees, this is above the industry average (4)
106 - Magic Man Limited
4 - Industry AVG

Pay Structure
on an average salary of £34.7k, the company has an equivalent pay structure (£34.7k)
- Magic Man Limited
£34.7k - Industry AVG

Efficiency
resulting in sales per employee of £54.8k, this is less efficient (£125.9k)
- Magic Man Limited
£125.9k - Industry AVG

Debtor Days
it gets paid by customers after 40 days, this is near the average (48 days)
- Magic Man Limited
48 days - Industry AVG

Creditor Days
its suppliers are paid after 27 days, this is quicker than average (35 days)
- Magic Man Limited
35 days - Industry AVG

Stock Days
it holds stock equivalent to 41 days, this is more than average (16 days)
- Magic Man Limited
16 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (21 weeks)
7 weeks - Magic Man Limited
21 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 141%, this is a higher level of debt than the average (76.1%)
141% - Magic Man Limited
76.1% - Industry AVG
MAGIC MAN LIMITED financials

Magic Man Limited's latest turnover from September 2022 is estimated at £5.8 million and the company has net assets of -£1.2 million. According to their latest financial statements, Magic Man Limited has 106 employees and maintains cash reserves of £278.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 5,049,095 | 3,951,532 | 3,263,438 | 2,679,821 | |||||||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | 3,165,978 | 2,407,692 | 2,147,491 | 1,878,883 | |||||||||
Gross Profit | 1,883,117 | 1,543,840 | 1,115,947 | 800,938 | |||||||||
Admin Expenses | 1,437,895 | 808,201 | 1,038,051 | 559,623 | |||||||||
Operating Profit | 445,222 | 735,639 | 77,896 | 241,315 | |||||||||
Interest Payable | 92,428 | 80,637 | 48,528 | 87,000 | |||||||||
Interest Receivable | |||||||||||||
Pre-Tax Profit | 352,794 | 655,002 | 29,368 | -328,315 | |||||||||
Tax | -89,010 | -21,989 | 1,578 | 13,088 | |||||||||
Profit After Tax | 263,784 | 633,013 | 30,946 | -315,227 | |||||||||
Dividends Paid | |||||||||||||
Retained Profit | 263,784 | 633,013 | 30,946 | -315,227 | |||||||||
Employee Costs | |||||||||||||
Number Of Employees | 106 | 103 | 106 | 112 | 119 | 103 | 83 | ||||||
EBITDA* | 659,909 | 909,497 | 200,083 | 358,597 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 873,196 | 1,154,824 | 892,435 | 1,119,206 | 1,799,436 | 1,627,804 | 699,233 | 499,966 | 343,277 | 219,000 | 356,397 | 482,633 | 599,658 |
Intangible Assets | 113,960 | 130,240 | 150,772 | 162,800 | |||||||||
Investments & Other | |||||||||||||
Debtors (Due After 1 year) | |||||||||||||
Total Fixed Assets | 987,156 | 1,285,064 | 1,043,207 | 1,282,006 | 1,799,436 | 1,627,804 | 699,233 | 499,966 | 343,277 | 219,000 | 356,397 | 482,633 | 599,658 |
Stock & work in progress | 493,271 | 594,484 | 554,326 | 505,561 | 374,904 | 371,469 | 301,328 | 187,868 | 42,400 | 52,400 | 164,393 | 164,393 | 164,393 |
Trade Debtors | 639,832 | 663,112 | 380,121 | 1,029,589 | 1,331,241 | 915,627 | 768,553 | 597,919 | 586,606 | 346,041 | 463,062 | 578,990 | 423,558 |
Group Debtors | |||||||||||||
Misc Debtors | 538,623 | 448,724 | 302,159 | 998,463 | 286,554 | 39,832 | 45,384 | 97,564 | |||||
Cash | 278,809 | 23,215 | 196,667 | 8,275 | 38,736 | 27,421 | 54,408 | 47,771 | 20,469 | 22,894 | 529 | 1,493 | |
misc current assets | |||||||||||||
total current assets | 1,950,535 | 1,729,535 | 1,433,273 | 2,541,888 | 2,031,435 | 1,354,349 | 1,169,673 | 931,122 | 649,475 | 421,335 | 627,455 | 743,912 | 589,444 |
total assets | 2,937,691 | 3,014,599 | 2,476,480 | 3,823,894 | 3,830,871 | 2,982,153 | 1,868,906 | 1,431,088 | 992,752 | 640,335 | 983,852 | 1,226,545 | 1,189,102 |
Bank overdraft | 10,160 | 291,661 | 33,083 | 22,934 | 22,934 | ||||||||
Bank loan | 249,356 | 110,150 | 29,896 | ||||||||||
Trade Creditors | 331,116 | 212,984 | 366,456 | 626,941 | 302,661 | 209,234 | 218,580 | 62,437 | 690,222 | 407,145 | 1,047,330 | 1,112,948 | 889,539 |
Group/Directors Accounts | 240,000 | ||||||||||||
other short term finances | 428,069 | 435,641 | 108,301 | 375,565 | |||||||||
hp & lease commitments | 424,548 | 424,471 | 286,601 | 332,716 | 726,956 | 486,969 | 217,759 | ||||||
other current liabilities | 445,111 | 980,777 | 1,181,507 | 1,460,263 | 1,746,215 | 996,597 | 702,562 | 499,603 | |||||
total current liabilities | 1,879,004 | 2,345,534 | 2,083,920 | 2,530,070 | 2,805,728 | 1,725,883 | 1,270,136 | 960,539 | 690,222 | 407,145 | 1,047,330 | 1,112,948 | 889,539 |
loans | 1,693,234 | 344,111 | 453,660 | 203,846 | 71,051 | 117,490 | 54,148 | 77,082 | 100,016 | 122,950 | 54,815 | 77,082 | |
hp & lease commitments | 569,265 | 745,703 | 273,393 | 564,148 | 210,369 | 440,802 | 112,874 | 169,278 | 121,284 | ||||
Accruals and Deferred Income | |||||||||||||
other liabilities | 93,301 | 590,198 | 648,576 | 91,728 | 166,282 | 328,625 | |||||||
provisions | 38,149 | 53,110 | 71,264 | 43,919 | 6,843 | 1,578 | 14,666 | 25,758 | 38,541 | ||||
total long term liabilities | 2,262,499 | 1,089,814 | 727,053 | 806,143 | 334,530 | 629,556 | 210,941 | 346,504 | 811,498 | 773,104 | 161,209 | 269,122 | 367,166 |
total liabilities | 4,141,503 | 3,435,348 | 2,810,973 | 3,336,213 | 3,140,258 | 2,355,439 | 1,481,077 | 1,307,043 | 1,501,720 | 1,180,249 | 1,208,539 | 1,382,070 | 1,256,705 |
net assets | -1,203,812 | -420,749 | -334,493 | 487,681 | 690,613 | 626,714 | 387,829 | 124,045 | -508,968 | -539,914 | -224,687 | -155,525 | -67,603 |
total shareholders funds | -1,203,812 | -420,749 | -334,493 | 487,681 | 690,613 | 626,714 | 387,829 | 124,045 | -508,968 | -539,914 | -224,687 | -155,525 | -67,603 |
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 445,222 | 735,639 | 77,896 | 241,315 | |||||||||
Depreciation | 255,883 | 251,106 | 247,411 | 293,879 | 328,200 | 356,602 | 214,687 | 173,858 | 122,187 | 117,282 | 122,282 | 126,153 | 110,051 |
Amortisation | 16,280 | 16,280 | |||||||||||
Tax | -89,010 | -21,989 | 1,578 | 13,088 | |||||||||
Stock | -101,213 | 40,158 | 48,765 | 130,657 | 3,435 | 70,141 | 113,460 | 145,468 | -10,000 | -111,993 | 164,393 | ||
Debtors | 66,619 | 429,556 | -1,345,772 | 410,257 | 662,336 | 141,522 | 118,454 | 108,877 | 240,565 | -117,021 | -115,928 | 155,432 | 423,558 |
Creditors | 118,132 | -153,472 | -260,485 | 324,280 | 93,427 | -9,346 | 156,143 | -627,785 | 283,077 | -640,185 | -65,618 | 223,409 | 889,539 |
Accruals and Deferred Income | -535,666 | -200,730 | -278,756 | -285,952 | 749,618 | 294,035 | 202,959 | 499,603 | |||||
Deferred Taxes & Provisions | -38,149 | -14,961 | -18,154 | 27,345 | 37,076 | 6,843 | -1,578 | -13,088 | -11,092 | -12,783 | 38,541 | ||
Cash flow from operations | 735,163 | 511,824 | 252,595 | -52,574 | |||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | |||||||||||||
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | -249,356 | 139,206 | 80,254 | 29,896 | |||||||||
Group/Directors Accounts | 240,000 | ||||||||||||
Other Short Term Loans | -7,572 | 435,641 | -108,301 | -267,264 | 375,565 | ||||||||
Long term loans | 1,349,123 | -109,549 | 249,814 | 132,795 | -46,439 | 63,342 | -22,934 | -22,934 | -22,934 | 68,135 | -22,267 | 77,082 | |
Hire Purchase and Lease Commitments | -176,361 | 610,180 | -336,870 | -40,461 | 9,554 | 597,138 | 161,355 | 47,994 | 121,284 | ||||
other long term liabilities | -93,301 | -496,897 | -58,378 | 556,848 | -74,554 | -162,343 | 328,625 | ||||||
share issue | |||||||||||||
interest | -92,428 | -80,637 | -48,528 | -87,000 | |||||||||
cash flow from financing | -314,572 | -176,909 | -8,556 | 537,983 | |||||||||
cash and cash equivalents | |||||||||||||
cash | 255,594 | -173,452 | 188,392 | -30,461 | 11,315 | -26,987 | 6,637 | 27,302 | -2,425 | 22,894 | -529 | -964 | 1,493 |
overdraft | -281,501 | 291,661 | -33,083 | 10,149 | 22,934 | ||||||||
change in cash | 537,095 | -465,113 | 188,392 | -30,461 | 44,398 | -37,136 | 6,637 | 4,368 | -2,425 | 22,894 | -529 | -964 | 1,493 |
magic man limited Credit Report and Business Information
Magic Man Limited Competitor Analysis

Perform a competitor analysis for magic man limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in E16 area or any other competitors across 12 key performance metrics.
magic man limited Ownership
MAGIC MAN LIMITED group structure
Magic Man Limited has no subsidiary companies.
Ultimate parent company
MAGIC MAN LIMITED
04143687
magic man limited directors
Magic Man Limited currently has 2 directors. The longest serving directors include Mr Mark Henderson (Jul 2008) and Ms Vanessa Henderson (Aug 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Henderson | 63 years | Jul 2008 | - | Director | |
Ms Vanessa Henderson | 60 years | Aug 2017 | - | Director |
P&L
September 2022turnover
5.8m
+11%
operating profit
-654.3k
0%
gross margin
25.1%
-8.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-1.2m
+1.86%
total assets
2.9m
-0.03%
cash
278.8k
+11.01%
net assets
Total assets minus all liabilities
magic man limited company details
company number
04143687
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
January 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2022
previous names
N/A
accountant
PIERCE C A LIMITED
auditor
-
address
warehouse w 3 western gateway, royal victoria docks, london, E16 1BD
Bank
-
Legal Advisor
-
magic man limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 10 charges/mortgages relating to magic man limited. Currently there are 3 open charges and 7 have been satisfied in the past.
magic man limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MAGIC MAN LIMITED. This can take several minutes, an email will notify you when this has completed.
magic man limited Companies House Filings - See Documents
date | description | view/download |
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