# MAGIK PROPERTIES LTD (14714870)

> MAGIK PROPERTIES LTD is an active private limited company (company number 14714870) incorporated on 8 March 2023, registered in North Shields. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £12k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 5% on the prior period (£11k).

- Status: Active
- Incorporated: 2023-03-08
- Registered office: North Shields, NE30 2QN
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-22
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 2,416 comparable companies in Newcastle (median £1, upper quartile £11k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £12k | — | — | £44k | — | — | 0 |
| 2024-03-31 | £11k | — | — | £44k | — | — | 0 |

current ratio 0.03; size band micro.

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

- Net assets above zero: Net assets £12,048 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.03
- Incorporated two to five years ago: Incorporated 8 March 2023

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

## Persons with significant control

- Mr Adam Peter Day — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-03-08
- Mrs Gemma Louise Day — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-03-08

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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/14714870
HTML: https://firmoscan.com/company/14714870-magik-properties-ltd
