# MAGIC LIFE LIMITED (08285062)

> MAGIC LIFE LIMITED is an active private limited company (company number 08285062) incorporated on 7 November 2012, registered in London. Its registered activity is residential care activities for learning difficulties, mental health and substance abuse (SIC 87200). Latest full accounts cover the period ending 30 November 2024, showing net assets of £3.91m and cash of £183k, with 424 employees on average. Turnover was £16.45m and profit for the year £668k. Net assets rose 21% on the prior period (£3.24m).

- Status: Active
- Incorporated: 2012-11-07
- Registered office: London, N13 4TN
- SIC 87200: Residential care activities for learning difficulties, mental health and substance abuse
- Next accounts due: 2026-08-30
- Confirmation statement due: 2026-11-21
- Accounts type: FULL

By net assets it sits in the top quarter of 586 comparable companies in London (median £687, upper quartile £14k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-11-30 | £3.91m | £183k | £2.42m | £3.00m | £16.45m | £668k | 424 |
| 2023-11-30 | £3.24m | £214k | £1.83m | £1.86m | £12.96m | £1.08m | 363 |
| 2022-11-30 | — | — | — | — | — | — | — |

current ratio 2.2; net margin 4.1%; size band medium.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £3,911,322 at 30 November 2024
- Net assets up 10% or more on the prior period: +20.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.2
- Cash at bank of £50,000 or more: Cash £183,203
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 7 November 2012
- Accounts past their due date: Due 30 August 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Simon John Oliver — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Hartsfield Investments Uk Limited (corporate-entity) — owns 25–50% of shares, since 2020-11-23

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/08285062
HTML: https://firmoscan.com/company/08285062-magic-life-limited