magec limited
magec limited Company Information
Company Number
08784652
Website
-Registered Address
93 burford road, chipping norton, OX7 5EE
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Directors
Michael Nicolaou8 Years
Shareholders
michael nicolaou 39.5%
minas demetriou 20%
View Allmagec limited Estimated Valuation
Pomanda estimates the enterprise value of MAGEC LIMITED at £618k based on a Turnover of £277k and 2.23x industry multiple (adjusted for size and gross margin).
magec limited Estimated Valuation
Pomanda estimates the enterprise value of MAGEC LIMITED at £322.3k based on an EBITDA of £63.2k and a 5.1x industry multiple (adjusted for size and gross margin).
magec limited Estimated Valuation
Pomanda estimates the enterprise value of MAGEC LIMITED at £727.1k based on Net Assets of £448.8k and 1.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Magec Limited Overview
Magec Limited is a live company located in chipping norton, OX7 5EE with a Companies House number of 08784652. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2013, it's largest shareholder is michael nicolaou with a 39.5% stake. Magec Limited is a established, micro sized company, Pomanda has estimated its turnover at £277k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Magec Limited Health Check
Pomanda's financial health check has awarded Magec Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £277k, make it smaller than the average company (£849.3k)
- Magec Limited
£849.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (2.9%)
- Magec Limited
2.9% - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (73.8%)
- Magec Limited
73.8% - Industry AVG
Profitability
an operating margin of 22.8% make it as profitable than the average company (27.2%)
- Magec Limited
27.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Magec Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Magec Limited
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £277k, this is more efficient (£182.6k)
- Magec Limited
£182.6k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is near the average (32 days)
- Magec Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1326 days, this is slower than average (36 days)
- Magec Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Magec Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Magec Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.9%, this is a lower level of debt than the average (68.4%)
60.9% - Magec Limited
68.4% - Industry AVG
MAGEC LIMITED financials
Magec Limited's latest turnover from November 2023 is estimated at £277 thousand and the company has net assets of £448.8 thousand. According to their latest financial statements, we estimate that Magec Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,127,090 | 1,146,789 | 1,167,576 | 1,189,008 | 1,209,838 | 1,229,405 | 1,250,059 | 0 | 372 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,332,675 | 1,332,675 | 1,332,675 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,127,090 | 1,146,789 | 1,167,576 | 1,189,008 | 1,209,838 | 1,229,405 | 1,250,059 | 1,332,675 | 1,333,047 | 1,332,675 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,095 | 156,202 | 80,893 | 22,479 | 13,079 | 32,262 | 7,457 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,951 | 23,356 | 57,003 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,095 | 156,202 | 80,893 | 22,479 | 13,079 | 32,262 | 7,457 | 24,951 | 23,356 | 57,003 |
| total assets | 1,148,185 | 1,302,991 | 1,248,469 | 1,211,487 | 1,222,917 | 1,261,667 | 1,257,516 | 1,357,626 | 1,356,403 | 1,389,678 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 699,337 | 901,561 | 898,097 | 896,768 | 941,764 | 1,031,529 | 1,078,569 | 29,370 | 27,309 | 19,221 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,138,272 | 1,210,272 | 1,319,772 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 699,337 | 901,561 | 898,097 | 896,768 | 941,764 | 1,031,529 | 1,078,569 | 1,167,642 | 1,237,581 | 1,338,993 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 699,337 | 901,561 | 898,097 | 896,768 | 941,764 | 1,031,529 | 1,078,569 | 1,167,642 | 1,237,581 | 1,338,993 |
| net assets | 448,848 | 401,430 | 350,372 | 314,719 | 281,153 | 230,138 | 178,947 | 189,984 | 118,822 | 50,685 |
| total shareholders funds | 448,848 | 401,430 | 350,372 | 314,719 | 281,153 | 230,138 | 178,947 | 189,984 | 118,822 | 50,685 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 372 | 373 | 0 | |||||||
| Amortisation | 0 | 0 | 0 | |||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -135,107 | 75,309 | 58,414 | 9,400 | -19,183 | 24,805 | 7,457 | 0 | 0 | 0 |
| Creditors | -202,224 | 3,464 | 1,329 | -44,996 | -89,765 | -47,040 | 1,049,199 | 2,061 | 8,088 | 19,221 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1,332,675 | 0 | 0 | 1,332,675 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -1,138,272 | -72,000 | -109,500 | 1,319,772 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -24,951 | 1,595 | -33,647 | 57,003 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -24,951 | 1,595 | -33,647 | 57,003 |
magec limited Credit Report and Business Information
Magec Limited Competitor Analysis
Perform a competitor analysis for magec limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in OX7 area or any other competitors across 12 key performance metrics.
magec limited Ownership
MAGEC LIMITED group structure
Magec Limited has no subsidiary companies.
Ultimate parent company
MAGEC LIMITED
08784652
magec limited directors
Magec Limited currently has 1 director, Mr Michael Nicolaou serving since Sep 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Nicolaou | 59 years | Sep 2016 | - | Director |
P&L
November 2023turnover
277k
-67%
operating profit
63.2k
0%
gross margin
30.6%
+8.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
448.8k
+0.12%
total assets
1.1m
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
magec limited company details
company number
08784652
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
93 burford road, chipping norton, OX7 5EE
Bank
-
Legal Advisor
-
magec 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 did not find charges/mortgages relating to magec limited.
magec limited Companies House Filings - See Documents
| date | description | view/download |
|---|
