PRACTICAL MAGIC LTD
Company number SC560870 · Active · Glasgow G2 4TP
PRACTICAL MAGIC LTD is an active private limited company (company number SC560870) incorporated on 17 March 2017, registered in Glasgow. Its registered activity is other business support service activities n.e.c. (SIC 82990). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £6,758, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 56% on the prior period (£15k).
By net assets it sits in the upper half of 2,126 comparable companies in Glasgow (median £3,726, upper quartile £61k).
Key dates
- Incorporated
- 17 March 2017
- Next accounts due
- 31 December 2026 — in 74 days
- Confirmation statement due
- 31 March 2027 — in 164 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 82990
- Other business support service activities n.e.c.
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 March 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £6,758 | — | — | £11k | — | — | 2 |
| 31 March 2024 | £15k | — | — | £5,640 | — | — | 2 |
- Current ratio
- 1
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 60/100 (grade C)
- +10 Positive net assets — Net assets £6,758 at 2025-03-31
- -8 Net assets falling — -56.2% vs prior period
- +8 Established — Incorporated 2017-03-17 (10 years)
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
- Charlene Kennedy — owns 25–50% of shares; holds 25–50% of voting rights · since 17 March 2017
- Gary George Dunn — owns 25–50% of shares; holds 25–50% of voting rights · since 17 March 2017
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 Glasgow
Same activity (other business support service activities n.e.c.), closest in incorporation date.
- MACLENNAN NORMAN PROPERTY CONSULTANTS LTD — Glasgow, inc. Mar 2017
- DMVBS ENGINEERING LTD — Paisley, inc. Mar 2017
- K.DONNELLY HYDROGRAPHIC SUPPORT LTD — Dumbarton, inc. Mar 2017
- PDG MCCAIG LIMITED — Hamilton, inc. Mar 2017
- SMARTEST DECISIONS LTD — Glasgow, inc. Mar 2017
- JWM CONTRACTORS LIMITED — Erskine, inc. Mar 2017
Reminders for PRACTICAL MAGIC LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.