MAGIC TECH LTD
Company number 13508558 · Active · London EC2V 6DN
MAGIC TECH LTD is an active private limited company (company number 13508558) incorporated on 13 July 2021, registered in London. Its registered activity is other information technology service activities (SIC 62090). Latest small accounts cover the period ending 31 December 2024, showing net assets of £2.76m and cash of £2.39m, with 5 employees on average. Net assets rose 791% on the prior period (£310k).
By net assets it sits in the top quarter of 8,890 comparable companies in London (median £1,000, upper quartile £36k).
Key dates
- Incorporated
- 13 July 2021
- Next accounts due
- 30 September 2026 — 18 days overdue
- Confirmation statement due
- 27 July 2027 — in 282 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62090
- Other information technology service activities
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £2.76m | £2.39m | £400k | — | — | — | 5 |
| 31 December 2023 | £310k | £332k | £174k | — | — | — | 5 |
- Cash per employee
- £479k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 70/100 (grade B)
- +10 Positive net assets — Net assets £2,764,852 at 2024-12-31
- +8 Net assets growing — +790.9% vs prior period
- +4 Cash reserves — Cash £2,394,882
- +8 Established — Incorporated 2021-07-13 (5 years)
- -10 Accounts overdue — Due 2026-09-30
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Varun Bhanot — owns 25–50% of shares; holds 25–50% of voting rights · since 13 July 2021
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in London
Same activity (other information technology service activities), closest in incorporation date.
- ARTHUR ASHE ADVISORY SERVICES LIMITED — London, inc. Jul 2021
- SEDONAMEDIAR LIMITED — London, inc. Jul 2021
- DOORFEED LTD — London, inc. Jul 2021
- BARBELL TECHNOLOGIES LTD — London, inc. Jul 2021
- IXDS LIMITED — London, inc. Jul 2021
- SU COLLECTIVE LTD — London, inc. Jul 2021
Reminders for MAGIC TECH LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.