UK Companies House feature
MAGIC LIFE LIMITED
Cash
£183K
-14.5% vs 2023
Net assets
£4M
+20.6% vs 2023
Employees
424
+16.8% vs 2023
Profit before tax
£1M
-31.4% vs 2023
Profile
- Company number
- 08285062
- Status
- Active
- Incorporation
- 2012-11-07
- Last accounts made up
- 2024-11-30
- Account category
- FULL
- Primary SIC
- 87200
- Hubs
- UK Healthcare
Net assets
3-year trend · vs UK Healthcare median
Accounts
3-year trend · latest 2024-11-30
| Metric | Trend | 2022-11-30 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|---|
| Turnover | — | £12,959,402 | £16,454,288 | |
| Operating profit | — | £1,527,785 | £1,070,839 | |
| Profit before tax | — | £1,458,778 | £1,001,362 | |
| Net profit | — | £1,083,603 | £668,188 | |
| Cash | — | £214,380 | £183,203 | |
| Total assets less current liabilities | — | £4,854,054 | £5,153,550 | |
| Net assets | — | £3,243,134 | £3,911,322 | |
| Equity | £2,159,531 | £3,243,134 | £3,911,322 | |
| Average employees | — | 363 | 424 | |
| Wages | — | £7,033,811 | £10,180,822 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hazlewoods LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “The key business risks and uncertainties affecting the company are considered to relate to the continue provision of adequate government funding and the ongoing compliance with current and future legislation affecting the sector.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MICHAEL, Mario | Director | 2012-11-07 | Nov 1967 | British |
| OLIVER, Simon John | Director | 2012-11-07 | Sep 1963 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHIWEDA, Kudakwashe | Director | 2015-03-21 | 2017-06-23 |
| PETCH, Miriam | Director | 2012-11-07 | 2015-03-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hartsfield Investments Uk Limited | Corporate entity | Shares 25–50% | 2020-11-23 | Active |
| Mr Kudakwashe Chiweda | Individual | Shares 25–50% | 2017-03-21 | Ceased 2017-06-23 |
| Mr Christofis Michael | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-11-23 |
| Ms Miriam Petch | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-03-21 |
| Mr Simon John Oliver | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 56 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-16 | AA | accounts | accounts with accounts type full |
| 2025-12-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-11-28 | AA01 | accounts | change account reference date company previous shortened |
| 2025-01-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-29 | AA | accounts | accounts with accounts type total exemption full |
| 2023-11-27 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2023-11-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-08 | AA | accounts | accounts with accounts type total exemption full |
| 2022-11-22 | AA | accounts | accounts with accounts type total exemption full |
| 2022-11-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-12-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-11-10 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2021-11-10 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2021-09-14 | AA | accounts | accounts with accounts type total exemption full |
| 2020-11-19 | AA | accounts | accounts with accounts type total exemption full |
| 2020-11-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-11-06 | CH01 | officers | change person director company with change date |
| 2020-11-06 | CH01 | officers | change person director company with change date |
| 2020-11-06 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2020-11-06 | PSC04 | persons-with-significant-control | change to a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2024-11-30
4.75
SAFE
Altman Z″
- Working capital / Total assets 0.442 × 6.56 = +2.90
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.131 × 6.72 = +0.88
- Book equity / Total liabilities 0.922 × 1.05 = +0.97
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
27.8
COLD
/ 100
- Filings velocity 25
- Capital events 0
- Officer churn 0
- Headcount trajectory 67
- Accounts trajectory 77
- 3 filing(s) in last 12 months
- Employees +17% YoY
- Turnover +27% YoY