magic memories group (uk) ltd
magic memories group (uk) ltd Company Information
Company Number
06786404
Website
www.magicmemories.comRegistered Address
top floor middleport pottery, port street, stoke-on-trent, staffordshire, ST6 3PF
Industry
Other amusement and recreation activities
Telephone
08452873721
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
magic memories group (hq) ltd 100%
magic memories group (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGIC MEMORIES GROUP (UK) LTD at £8.8m based on a Turnover of £8.9m and 0.98x industry multiple (adjusted for size and gross margin).
magic memories group (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGIC MEMORIES GROUP (UK) LTD at £3.7m based on an EBITDA of £973.2k and a 3.79x industry multiple (adjusted for size and gross margin).
magic memories group (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGIC MEMORIES GROUP (UK) LTD at £221.4k based on Net Assets of £492k and 0.45x industry multiple (adjusted for liquidity).
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Magic Memories Group (uk) Ltd Overview
Magic Memories Group (uk) Ltd is a live company located in stoke-on-trent, ST6 3PF with a Companies House number of 06786404. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in January 2009, it's largest shareholder is magic memories group (hq) ltd with a 100% stake. Magic Memories Group (uk) Ltd is a established, mid sized company, Pomanda has estimated its turnover at £8.9m with healthy growth in recent years.
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Magic Memories Group (uk) Ltd Health Check
Pomanda's financial health check has awarded Magic Memories Group (Uk) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £8.9m, make it larger than the average company (£341.2k)
£8.9m - Magic Memories Group (uk) Ltd
£341.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.5%)
9% - Magic Memories Group (uk) Ltd
6.5% - Industry AVG
Production
with a gross margin of 45.2%, this company has a higher cost of product (60.5%)
45.2% - Magic Memories Group (uk) Ltd
60.5% - Industry AVG
Profitability
an operating margin of 8.3% make it less profitable than the average company (12.2%)
8.3% - Magic Memories Group (uk) Ltd
12.2% - Industry AVG
Employees
with 222 employees, this is above the industry average (10)
222 - Magic Memories Group (uk) Ltd
10 - Industry AVG
Pay Structure
on an average salary of £13.4k, the company has a lower pay structure (£17.8k)
£13.4k - Magic Memories Group (uk) Ltd
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £40.2k, this is less efficient (£50k)
£40.2k - Magic Memories Group (uk) Ltd
£50k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (11 days)
2 days - Magic Memories Group (uk) Ltd
11 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (44 days)
53 days - Magic Memories Group (uk) Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (19 days)
13 days - Magic Memories Group (uk) Ltd
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (101 weeks)
2 weeks - Magic Memories Group (uk) Ltd
101 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.5%, this is a higher level of debt than the average (29.7%)
93.5% - Magic Memories Group (uk) Ltd
29.7% - Industry AVG
MAGIC MEMORIES GROUP (UK) LTD financials
Magic Memories Group (Uk) Ltd's latest turnover from July 2023 is £8.9 million and the company has net assets of £492 thousand. According to their latest financial statements, Magic Memories Group (Uk) Ltd has 222 employees and maintains cash reserves of £364 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Dec 2019 | Jun 2019 | Jun 2018 | Jul 2017 | Jun 2016 | Jun 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,931,000 | 5,205,000 | 966,000 | 6,908,000 | 11,637,000 | 11,637,000 | 11,779,000 | 13,986,000 | 11,428,000 | 9,702,000 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 4,899,000 | 3,720,000 | 1,323,000 | 5,341,000 | 7,993,000 | 7,993,000 | 8,517,000 | 9,907,000 | 8,136,000 | 6,997,000 | |||||
| Gross Profit | 4,032,000 | 1,485,000 | -357,000 | 1,567,000 | 3,644,000 | 3,644,000 | 3,262,000 | 4,079,000 | 3,292,000 | 2,705,000 | |||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 570,000 | -622,000 | -1,349,000 | -1,359,000 | 57,000 | 57,000 | -766,000 | 273,000 | -167,000 | -639,000 | |||||
| Tax | 0 | 6,000 | -76,000 | 1,000 | -25,000 | -25,000 | 0 | -310,000 | 310,000 | 0 | 0 | ||||
| Profit After Tax | 570,000 | -616,000 | -1,425,000 | -1,358,000 | 32,000 | 32,000 | -766,000 | -37,000 | 143,000 | -639,000 | 0 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 570,000 | -616,000 | -1,425,000 | -1,358,000 | 32,000 | 32,000 | -766,000 | -37,000 | 143,000 | -639,000 | 0 | ||||
| Employee Costs | 2,977,000 | 2,391,000 | 1,653,000 | 2,926,000 | 3,766,000 | 3,766,000 | 4,132,000 | 4,410,000 | 3,572,000 | 3,534,000 | |||||
| Number Of Employees | 222 | 134 | 138 | 231 | 228 | 228 | 274 | 280 | 247 | 209 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Dec 2019 | Jun 2019 | Jun 2018 | Jul 2017 | Jun 2016 | Jun 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 140,000 | 197,000 | 124,000 | 362,000 | 548,000 | 548,000 | 782,000 | 1,012,000 | 1,252,000 | 920,000 | 408,000 | 208,419 | 149,727 | 192,061 | 204,301 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 9,137 | 9,137 | 9,137 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 140,000 | 197,000 | 124,000 | 362,000 | 548,000 | 548,000 | 782,000 | 1,012,000 | 1,252,000 | 920,000 | 408,000 | 208,420 | 158,864 | 201,198 | 213,438 |
| Stock & work in progress | 175,000 | 196,000 | 235,000 | 230,000 | 250,000 | 250,000 | 395,000 | 664,000 | 524,000 | 266,000 | 147,000 | 76,691 | 84,189 | 43,925 | 81,606 |
| Trade Debtors | 58,000 | 128,000 | 26,000 | 1,364,000 | 576,000 | 576,000 | 45,000 | 7,000 | 21,000 | 31,000 | 425,000 | 453,001 | 211,260 | 139,005 | 49,935 |
| Group Debtors | 6,748,000 | 5,230,000 | 5,070,000 | 7,012,000 | 5,811,000 | 5,811,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 86,000 | 141,000 | 37,000 | 85,000 | 253,000 | 253,000 | 4,943,000 | 709,000 | 392,000 | 15,000 | 0 | 0 | 0 | 0 | 0 |
| Cash | 364,000 | 270,000 | 128,000 | 214,000 | 451,000 | 451,000 | 509,000 | 305,000 | 367,000 | 858,000 | 304,000 | 63,303 | 88,773 | 79,738 | 60,188 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 310,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,431,000 | 5,965,000 | 5,496,000 | 8,905,000 | 7,341,000 | 7,341,000 | 5,892,000 | 1,685,000 | 1,614,000 | 1,170,000 | 876,000 | 592,995 | 384,222 | 262,668 | 191,729 |
| total assets | 7,571,000 | 6,162,000 | 5,620,000 | 9,267,000 | 7,889,000 | 7,889,000 | 6,674,000 | 2,697,000 | 2,866,000 | 2,090,000 | 1,284,000 | 801,415 | 543,086 | 463,866 | 405,167 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 720,000 | 194,000 | 304,000 | 1,508,000 | 925,000 | 925,000 | 535,000 | 601,000 | 645,000 | 217,000 | 505,000 | 273,133 | 274,667 | 417,072 | 729,989 |
| Group/Directors Accounts | 5,831,000 | 4,144,000 | 3,317,000 | 3,489,000 | 2,788,000 | 2,788,000 | 6,127,000 | 2,341,000 | 2,586,000 | 2,348,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 528,000 | 1,892,000 | 1,496,000 | 2,330,000 | 839,000 | 839,000 | 2,144,000 | 1,109,000 | 952,000 | 985,000 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,079,000 | 6,230,000 | 5,117,000 | 7,327,000 | 4,552,000 | 4,552,000 | 8,806,000 | 4,051,000 | 4,183,000 | 3,550,000 | 505,000 | 273,133 | 274,667 | 417,072 | 729,989 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,600,000 | 1,147,533 | 676,512 | 474,314 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,600,000 | 1,147,533 | 676,512 | 474,314 | 0 |
| total liabilities | 7,079,000 | 6,230,000 | 5,117,000 | 7,327,000 | 4,552,000 | 4,552,000 | 8,806,000 | 4,051,000 | 4,183,000 | 3,550,000 | 2,105,000 | 1,420,666 | 951,179 | 891,386 | 729,989 |
| net assets | 492,000 | -68,000 | 503,000 | 1,940,000 | 3,337,000 | 3,337,000 | -2,132,000 | -1,354,000 | -1,317,000 | -1,460,000 | -821,000 | -619,251 | -408,093 | -427,520 | -324,822 |
| total shareholders funds | 492,000 | -68,000 | 503,000 | 1,940,000 | 3,337,000 | 3,337,000 | -2,132,000 | -1,354,000 | -1,317,000 | -1,460,000 | -821,000 | -619,251 | -408,093 | -427,520 | -324,822 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Dec 2019 | Jun 2019 | Jun 2018 | Jul 2017 | Jun 2016 | Jun 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 229,000 | 193,000 | 143,000 | 381,000 | 507,000 | 507,000 | 534,000 | 581,000 | 431,000 | 350,000 | 195,000 | 160,472 | 101,805 | 50,949 | 26,391 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 6,000 | -76,000 | 1,000 | -25,000 | -25,000 | 0 | -310,000 | 310,000 | 0 | 0 | ||||
| Stock | -21,000 | -39,000 | 5,000 | -20,000 | -145,000 | -145,000 | -269,000 | 140,000 | 258,000 | 119,000 | 70,309 | -7,498 | 40,264 | -37,681 | 81,606 |
| Debtors | 1,393,000 | 366,000 | -3,328,000 | 1,821,000 | 1,652,000 | 1,652,000 | 4,272,000 | 303,000 | 367,000 | -379,000 | -28,001 | 241,741 | 72,255 | 89,070 | 49,935 |
| Creditors | 526,000 | -110,000 | -1,204,000 | 583,000 | 390,000 | 390,000 | -66,000 | -44,000 | 428,000 | -288,000 | 231,867 | -1,534 | -142,405 | -312,917 | 729,989 |
| Accruals and Deferred Income | -1,364,000 | 396,000 | -834,000 | 1,491,000 | -1,305,000 | -1,305,000 | 1,035,000 | 157,000 | -33,000 | 985,000 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | -9,136 | 0 | 0 | 9,137 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,687,000 | 827,000 | -172,000 | 701,000 | -3,339,000 | -3,339,000 | 3,786,000 | -245,000 | 238,000 | 2,348,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,600,000 | 452,467 | 471,021 | 202,198 | 474,314 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| cash flow from financing | 1,677,000 | 872,000 | -184,000 | 662,000 | 2,098,000 | 2,098,000 | 3,774,000 | -245,000 | 238,000 | 748,000 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 94,000 | 142,000 | -86,000 | -237,000 | -58,000 | -58,000 | 204,000 | -62,000 | -491,000 | 554,000 | 240,697 | -25,470 | 9,035 | 19,550 | 60,188 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 94,000 | 142,000 | -86,000 | -237,000 | -58,000 | -58,000 | 204,000 | -62,000 | -491,000 | 554,000 | 240,697 | -25,470 | 9,035 | 19,550 | 60,188 |
magic memories group (uk) ltd Credit Report and Business Information
Magic Memories Group (uk) Ltd Competitor Analysis
Perform a competitor analysis for magic memories group (uk) ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in ST6 area or any other competitors across 12 key performance metrics.
magic memories group (uk) ltd Ownership
MAGIC MEMORIES GROUP (UK) LTD group structure
Magic Memories Group (Uk) Ltd has no subsidiary companies.
Ultimate parent company
MAGIC MEMORIES GROUP HOLDINGS LTD
#0033542
MAGIC MEMORIES GROUP (HQ) LTD
#0079414
2 parents
MAGIC MEMORIES GROUP (UK) LTD
06786404
magic memories group (uk) ltd directors
Magic Memories Group (Uk) Ltd currently has 5 directors. The longest serving directors include Mr John Wikstrom (Jun 2011) and Mr Paul Hammond (Aug 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Wikstrom | England | 56 years | Jun 2011 | - | Director |
| Mr Paul Hammond | 51 years | Aug 2013 | - | Director | |
| Mr Christopher Warhurst | 52 years | Nov 2019 | - | Director | |
| Mr Craig Styris | New Zealand | 47 years | Oct 2020 | - | Director |
| Mr Craig Styris | 47 years | Oct 2020 | - | Director |
P&L
July 2023turnover
8.9m
+72%
operating profit
744.2k
0%
gross margin
45.2%
+58.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
492k
-8.24%
total assets
7.6m
+0.23%
cash
364k
+0.35%
net assets
Total assets minus all liabilities
magic memories group (uk) ltd company details
company number
06786404
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
January 2009
age
15
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
top floor middleport pottery, port street, stoke-on-trent, staffordshire, ST6 3PF
accountant
-
auditor
BENNETT BROOKS & CO LTD
magic memories group (uk) ltd 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 did not find charges/mortgages relating to magic memories group (uk) ltd.
magic memories group (uk) ltd Companies House Filings - See Documents
| date | description | view/download |
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