MAGIC BEAN DEVELOPMENTS LIMITED
Company number 15437232 · Active · Swansea SA1 2LF
MAGIC BEAN DEVELOPMENTS LIMITED is an active private limited company (company number 15437232) incorporated on 23 January 2024, registered in Swansea. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 30 September 2025, showing net assets of −£580 and cash of £1,827, with 1 employee on average. Net assets fell 58100% on the prior period (£1).
By net assets it sits in the lower half of 623 comparable companies in Swansea (median £100, upper quartile £45k).
Key dates
- Incorporated
- 23 January 2024
- Next accounts due
- 30 June 2027 — in 258 days
- Confirmation statement due
- 6 February 2027 — in 114 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 41100
- Development of building projects
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 September 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 September 2025 | −£580 | £1,827 | £17k | £1.38m | — | — | 1 |
| 30 September 2024 | £1 | £1 | £0 | £0 | — | — | 1 |
- Current ratio
- 0.01 — current liabilities exceed current assets
- Cash per employee
- £1,827
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 23/100 (grade E)
- -15 Negative net assets — Net assets £-580 at 2025-09-30
- -8 Net assets falling — -58100.0% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.01
- +4 Past first filings — Incorporated 2024-01-23
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
- The Magic Bean Co Limited (corporate entity, Wales) — owns 75–100% of shares · since 21 February 2025
- Mr Leon Reza Esfahani — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 23 January 2024 · ceased 21 February 2025
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 Swansea
Same activity (development of building projects), closest in incorporation date.
- HOMES 3D PRINTING LIMITED — Swansea, inc. Jan 2024
- HOMEHEARTED DEVELOPMENTS LTD — Ammanford, inc. Jan 2024
- CSB CONSULTANCY LTD — Swansea, inc. Jan 2024
- RISSIK HOUSE HOLDINGS LIMITED — Swansea, inc. Jan 2024
- KEYHOLD VENTURES LTD — Swansea, inc. Feb 2024
- CARMARTHEN DEVELOPMENTS LTD — Carmarthen, inc. Mar 2024
Reminders for MAGIC BEAN DEVELOPMENTS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.