magic household limited
magic household limited Company Information
Company Number
12964515
Website
-Registered Address
7 savoy court, london, WC2R 0EX
Industry
Activities of households as employers of domestic personnel
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
george waud 50%
charlotte emma bow tilbury 50%
magic household limited Estimated Valuation
Pomanda estimates the enterprise value of MAGIC HOUSEHOLD LIMITED at £0 based on a Turnover of £1m and 0x industry multiple (adjusted for size and gross margin).
magic household limited Estimated Valuation
Pomanda estimates the enterprise value of MAGIC HOUSEHOLD LIMITED at £0 based on an EBITDA of £-992.5k and a 0x industry multiple (adjusted for size and gross margin).
magic household limited Estimated Valuation
Pomanda estimates the enterprise value of MAGIC HOUSEHOLD LIMITED at £0 based on Net Assets of £-1.6m and 0x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Magic Household Limited Overview
Magic Household Limited is a live company located in london, WC2R 0EX with a Companies House number of 12964515. It operates in the activities of households as employers of domestic personnel sector, SIC Code 97000. Founded in October 2020, it's largest shareholder is george waud with a 50% stake. Magic Household Limited is a startup, small sized company, Pomanda has estimated its turnover at £1m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Magic Household Limited Health Check
Pomanda's financial health check has awarded Magic Household Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £1m, make it larger than the average company (£134.1k)
- Magic Household Limited
£134.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Magic Household Limited
- - Industry AVG
Production
with a gross margin of 8.9%, this company has a higher cost of product (47%)
- Magic Household Limited
47% - Industry AVG
Profitability
an operating margin of -96% make it less profitable than the average company (1.5%)
- Magic Household Limited
1.5% - Industry AVG
Employees
with 12 employees, this is below the industry average (18)
12 - Magic Household Limited
18 - Industry AVG
Pay Structure
on an average salary of £15.3k, the company has an equivalent pay structure (£15.3k)
- Magic Household Limited
£15.3k - Industry AVG
Efficiency
resulting in sales per employee of £86.1k, this is more efficient (£16.4k)
- Magic Household Limited
£16.4k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (39 days)
- Magic Household Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 641 days, this is slower than average (15 days)
- Magic Household Limited
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Magic Household Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Magic Household Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1920.5%, this is a higher level of debt than the average (70.6%)
1920.5% - Magic Household Limited
70.6% - Industry AVG
MAGIC HOUSEHOLD LIMITED financials
Magic Household Limited's latest turnover from March 2023 is estimated at £1 million and the company has net assets of -£1.6 million. According to their latest financial statements, Magic Household Limited has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| 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 | 12 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 86,098 | 47,441 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 86,098 | 47,441 |
| total assets | 86,098 | 47,441 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 1,653,467 | 622,276 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 1,653,467 | 622,276 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 1,653,467 | 622,276 |
| net assets | -1,567,369 | -574,835 |
| total shareholders funds | -1,567,369 | -574,835 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 38,657 | 47,441 |
| Creditors | 1,031,191 | 622,276 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
magic household limited Credit Report and Business Information
Magic Household Limited Competitor Analysis
Perform a competitor analysis for magic household limited by selecting its closest rivals, whether from the ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; UNDIFFERENTIATED GOODS-AND SERVICES-PRODUCING ACTIVITIES OF HOUSEHOLDS FOR OWN USE sector, other small companies, companies in WC2R area or any other competitors across 12 key performance metrics.
magic household limited Ownership
MAGIC HOUSEHOLD LIMITED group structure
Magic Household Limited has no subsidiary companies.
Ultimate parent company
MAGIC HOUSEHOLD LIMITED
12964515
magic household limited directors
Magic Household Limited currently has 2 directors. The longest serving directors include Mr George Waud (Oct 2020) and Ms Charlotte Tilbury (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Waud | United Kingdom | 57 years | Oct 2020 | - | Director |
| Ms Charlotte Tilbury | United Kingdom | 51 years | Oct 2020 | - | Director |
P&L
March 2023turnover
1m
-53%
operating profit
-992.5k
0%
gross margin
8.9%
-117.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.6m
+1.73%
total assets
86.1k
+0.81%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
magic household limited company details
company number
12964515
Type
Private limited with Share Capital
industry
97000 - Activities of households as employers of domestic personnel
incorporation date
October 2020
age
4
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
7 savoy court, london, WC2R 0EX
accountant
-
auditor
-
magic household 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 magic household limited.
magic household limited Companies House Filings - See Documents
| date | description | view/download |
|---|
