magic brands corporation limited

magic brands corporation limited Company Information

Share MAGIC BRANDS CORPORATION LIMITED
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YoungMicroDeclining

Company Number

09678231

Industry

Activities of head offices

 

Directors

Leon Esfahani

Shareholders

leon esfahani

Group Structure

View All

Contact

Registered Address

1315 neath road, swansea, SA1 2LF

magic brands corporation limited Estimated Valuation

£21.8k

Pomanda estimates the enterprise value of MAGIC BRANDS CORPORATION LIMITED at £21.8k based on a Turnover of £54.4k and 0.4x industry multiple (adjusted for size and gross margin).

magic brands corporation limited Estimated Valuation

£40.3k

Pomanda estimates the enterprise value of MAGIC BRANDS CORPORATION LIMITED at £40.3k based on an EBITDA of £13.3k and a 3.03x industry multiple (adjusted for size and gross margin).

magic brands corporation limited Estimated Valuation

£20k

Pomanda estimates the enterprise value of MAGIC BRANDS CORPORATION LIMITED at £20k based on Net Assets of £10.1k and 1.99x industry multiple (adjusted for liquidity).

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Magic Brands Corporation Limited Overview

Magic Brands Corporation Limited is a live company located in swansea, SA1 2LF with a Companies House number of 09678231. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2015, it's largest shareholder is leon esfahani with a 100% stake. Magic Brands Corporation Limited is a young, micro sized company, Pomanda has estimated its turnover at £54.4k with declining growth in recent years.

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Magic Brands Corporation Limited Health Check

Pomanda's financial health check has awarded Magic Brands Corporation Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £54.4k, make it smaller than the average company (£19.9m)

£54.4k - Magic Brands Corporation Limited

£19.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (5.9%)

-47% - Magic Brands Corporation Limited

5.9% - Industry AVG

production

Production

with a gross margin of 18.5%, this company has a higher cost of product (33%)

18.5% - Magic Brands Corporation Limited

33% - Industry AVG

profitability

Profitability

an operating margin of 24.5% make it more profitable than the average company (5.8%)

24.5% - Magic Brands Corporation Limited

5.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (111)

1 - Magic Brands Corporation Limited

111 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)

£47.4k - Magic Brands Corporation Limited

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £54.4k, this is less efficient (£197.8k)

£54.4k - Magic Brands Corporation Limited

£197.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (46 days)

2 days - Magic Brands Corporation Limited

46 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Magic Brands Corporation Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Magic Brands Corporation Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Magic Brands Corporation Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Magic Brands Corporation Limited

- - Industry AVG

MAGIC BRANDS CORPORATION LIMITED financials

EXPORTms excel logo

Magic Brands Corporation Limited's latest turnover from September 2023 is estimated at £54.4 thousand and the company has net assets of £10.1 thousand. According to their latest financial statements, Magic Brands Corporation Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Jul 2016
Turnover54,39337,231115,437364,4141,018,945965,5901,509,78810
Other Income Or Grants00000000
Cost Of Sales44,31430,20795,174295,926831,247785,4571,228,4318
Gross Profit10,0787,02520,26268,488187,698180,134281,3572
Admin Expenses-3,22536,373-115,210-800,507718,615337,089377,670-1
Operating Profit13,303-29,348135,472868,995-530,917-156,955-96,3133
Interest Payable00000000
Interest Receivable00000000
Pre-Tax Profit13,303-29,348135,472868,995-530,917-156,955-96,3133
Tax-3,3260-25,740-165,1090000
Profit After Tax9,977-29,348109,732703,886-530,917-156,955-96,3132
Dividends Paid00000000
Retained Profit9,977-29,348109,732703,886-530,917-156,955-96,3132
Employee Costs47,39644,24241,405373,655371,244360,237194,14936,385
Number Of Employees11199951
EBITDA*13,303-29,348135,472868,995-530,917-156,955-96,3133

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Jul 2016
Tangible Assets1117,3205,0131,42200
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets1117,3205,0131,42200
Stock & work in progress00000000
Trade Debtors41757840,03610,2652,710156,077327,8482
Group Debtors00000000
Misc Debtors00000000
Cash00000000
misc current assets9,6460000000
total current assets10,06357840,03610,2652,710156,077327,8482
total assets10,06457940,03717,5857,723157,499327,8482
Bank overdraft00000000
Bank loan00000000
Trade Creditors 049210,60247,882791,906410,765424,1590
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities049210,60247,882791,906410,765424,1590
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00050,0000000
provisions00000000
total long term liabilities00050,0000000
total liabilities049210,60297,882791,906410,765424,1590
net assets10,0648729,435-80,297-784,183-253,266-96,3112
total shareholders funds10,0648729,435-80,297-784,183-253,266-96,3112
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Jul 2016
Operating Activities
Operating Profit13,303-29,348135,472868,995-530,917-156,955-96,3133
Depreciation00000000
Amortisation00000000
Tax-3,3260-25,740-165,1090000
Stock00000000
Debtors-161-39,45829,7717,555-153,367-171,771327,8462
Creditors-492-10,110-37,280-744,024381,141-13,394424,1590
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations9,646042,681-47,6933,5911,42201
Investing Activities
capital expenditure007,319-2,307-3,591-1,42200
Change in Investments00000000
cash flow from investments007,319-2,307-3,591-1,42200
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00-50,00050,0000000
share issue00000000
interest00000000
cash flow from financing00-50,00050,0000000
cash and cash equivalents
cash00000000
overdraft00000000
change in cash00000000

magic brands corporation limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Magic Brands Corporation Limited Competitor Analysis

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Perform a competitor analysis for magic brands corporation limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SA1 area or any other competitors across 12 key performance metrics.

magic brands corporation limited Ownership

MAGIC BRANDS CORPORATION LIMITED group structure

Magic Brands Corporation Limited has 2 subsidiary companies.

Ultimate parent company

MAGIC BRANDS CORPORATION LIMITED

09678231

2 subsidiaries

MAGIC BRANDS CORPORATION LIMITED Shareholders

leon esfahani 100%

magic brands corporation limited directors

Magic Brands Corporation Limited currently has 1 director, Mr Leon Esfahani serving since Jul 2015.

officercountryagestartendrole
Mr Leon EsfahaniWales43 years Jul 2015- Director

P&L

September 2023

turnover

54.4k

+46%

operating profit

13.3k

0%

gross margin

18.6%

-1.79%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

10.1k

+114.68%

total assets

10.1k

+16.38%

cash

0

0%

net assets

Total assets minus all liabilities

magic brands corporation limited company details

company number

09678231

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

July 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

magic holdings limited (March 2017)

accountant

-

auditor

-

address

1315 neath road, swansea, SA1 2LF

Bank

-

Legal Advisor

-

magic brands corporation 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 1 charges/mortgages relating to magic brands corporation limited. Currently there are 1 open charges and 0 have been satisfied in the past.

magic brands corporation 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.

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magic brands corporation limited Companies House Filings - See Documents

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