−£46k
vs Oct 2023Active07426607Private limited companyTorquay
MOTORCYCLE MAGIC LTD
E25/10001
Summary
MOTORCYCLE MAGIC LTD is an active private limited company (company number 07426607) incorporated on 2 November 2010, registered in Torquay. Its registered activity is sale, maintenance and repair of motorcycles and related parts and accessories (SIC 45400). Latest small accounts cover the period ending 31 October 2024, showing net assets of −£46k and cash of £31, with 1 employee on average. Net assets fell 1% on the prior period (−£46k).
Peer position · net assets
By net assets it sits in the bottom quarter of 443 comparable companies in Other (median £4,390, upper quartile £87k).
02
Key dates
- Incorporated
- 2 November 201015 yrs ago
- Next accounts due
- 31 July 202683 days overdue
- Confirmation statement due
- 16 November 2026in 25 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 45400
- Sale, maintenance and repair of motorcycles and related parts and accessories
- SIC 61900
- Other telecommunications activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£31
+94%vs Oct 2023Not reported
1
No changevs Oct 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2024 | −£46k | £31 | £1,500 | £55k | — | — | 1 |
| 31 October 2023 | −£46k | £16 | £500 | £53k | — | — | 1 |
Current ratio0.12Current liabilities exceed current assets
Cash per employee£31Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
25 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-46,383 at 2024-10-31 |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.12 |
| +8 | EstablishedIncorporated 2010-11-02 (16 years) |
| −10 | Accounts overdueDue 2026-07-31 |
| 25 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr James Leon Garnham
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 25 days
- Next accounts due83 days overdue
- Accounts period endNet liabilities £46k · small accounts
- Accounts period endNet liabilities £46k · small accounts
- Incorporated
08
Similar companies in the UK
- STUDLEY'S MOTORCYCLES LTDDorchester · inc. Oct 2010
- ROAD AND RACING PERFORMANCE LIMITEDDorchester · inc. Oct 2010
- SUTCLIFFE MOTORCYCLES LIMITEDSwaffham · inc. Nov 2010
- NORFOLK HOME BUYERS LIMITEDWymondham · inc. Nov 2010
- ALPHA CLASSIC MOTORCYCLES LIMITEDBridgwater · inc. Oct 2010
- BLACK & WHITE BIKES LIMITEDHagworthingham · inc. Jan 2011
All companies incorporated on 2 November 2010 · in Nov 2010.
09
Reminders for MOTORCYCLE MAGIC LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.