−£23k
vs Mar 2024Active10675727Private limited companyLondon
MAGIC SOFTWARE SERVICES LIMITED
D35/10001
Summary
MAGIC SOFTWARE SERVICES LIMITED is an active private limited company (company number 10675727) incorporated on 17 March 2017, registered in London. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£23k and cash of £4,920, with 1 employee on average. Net assets fell 68% on the prior period (−£14k).
Peer position · net assets
By net assets it sits in the bottom quarter of 15,170 comparable companies in London (median £702, upper quartile £27k).
02
Key dates
- Incorporated
- 17 March 20179 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 31 March 2027in 160 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- Accounts type
- Small
- Size band
- MicroCompanies Act thresholds
04
Financials
£4,920
−62%vs Mar 2024Not reported
1
vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£23k | £4,920 | £642 | — | — | — | 1 |
| 31 March 2024 | −£14k | £13k | £0 | — | — | — | 0 |
Cash per employee£4,920Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
35 / 100 · grade D
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-22,980 at 2025-03-31 |
| −8 | Net assets falling-67.8% vs prior period |
| +8 | EstablishedIncorporated 2017-03-17 (10 years) |
| 35 | Score, grade D |
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 Sandeep Sahai
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Sandeep Sahai
- has significant influence or control
- Mr Arjun Malhotra
- has significant influence or control
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 160 days
- Next accounts duein 70 days
- Accounts period endNet liabilities £23k · small accounts
- Accounts period endNet liabilities £14k · small accounts
- Incorporated
08
Similar companies in London
- DOCOSOFT LIMITEDLondon · inc. Mar 2017
- ONCARE TECHNOLOGIES LIMITEDLondon · inc. Mar 2017
- ZIPPY IT SOLUTIONS LTD.London · inc. Mar 2017
- CODEWAVE LIMITEDLondon · inc. Mar 2017
- DOCACQUIRE LIMITEDLondon · inc. Mar 2017
- COMMERCE EXCHANGE LTDLondon · inc. Mar 2017
All companies incorporated on 17 March 2017 · in Mar 2017.
09
Reminders for MAGIC SOFTWARE SERVICES LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.