# MAGIC REPAIR TECH LTD (15457564)

> MAGIC REPAIR TECH LTD is an active private limited company (company number 15457564) incorporated on 31 January 2024, registered in London. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest micro accounts cover the period ending 31 January 2025, showing net assets of £985, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public.

- Status: Active
- Incorporated: 2024-01-31
- Registered office: London, N12 9RH
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 45190: Sale of other motor vehicles
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-02-14
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 1,799 comparable companies in London (median £522, upper quartile £16k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | £985 | — | — | £24k | — | — | 2 |

current ratio 0.16; size band micro.

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

- Net assets above zero: Net assets £985 at 31 January 2025
- Current assets below creditors within one year: Current ratio 0.16
- Incorporated two to five years ago: Incorporated 31 January 2024

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

## Persons with significant control

- Mr Ramin Agelean — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-01-31

---
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/15457564
HTML: https://firmoscan.com/company/15457564-magic-repair-tech-ltd