UK Companies House feature
MAGICORANGE GROUP LIMITED
Cash
£102K
-96.8% vs 2024
Net assets
£4M
-39.1% vs 2024
Employees
9
+50% vs 2024
Profit before tax
—
Period ending 2025-03-31
Profile
- Company number
- 12805411
- Status
- Active
- Incorporation
- 2020-08-11
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2025-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | -£1,337,337 | -£1,805,792 | -£2,906,189 | |
| Cash | £16,346 | £17,421 | — | £232,674 | £3,165,065 | £102,199 | |
| Total assets less current liabilities | — | — | — | — | — | — | |
| Net assets | -£1,764 | £2,574,504 | — | £3,452,541 | £6,914,850 | £4,211,217 | |
| Equity | -£1,764 | £2,574,504 | £2,574,504 | £3,452,541 | £6,914,850 | £4,211,217 | |
| Average employees | 1 | 3 | — | 3 | 6 | 9 | |
| Wages | — | — | — | £711,174 | — | — |
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 §1A
- Reporting scope
- Consolidated (group)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Barnes Roffe Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis. In assessing the appropriateness of the going concern basis, the Directors have taken account of all relevant information covering a period of at least twelve months from the date of approval of the financial statements. The Directors consider it appropriate to continue to use the going concern assumption on the basis that the Company will have sufficient resources to enable it to meet its liabilities as they fall due.”
Subsidiaries
- MagicOrange (Pty) Ltd · 100% held · South Africa
- MagicOrange Australia (Pty) Ltd · 100% held · Australia
- MagicOrange Corporation · 100% held · United States of America
- MagicOrange Limited · 100% held · United Kingdom
- MagicOrange Technologies India Pvt Ltd · 100% held · India
Significant events
- “On 15th April 2025, the Company issued 607,106 Seed Preferred Shares with a nominal value of £0.0001 per share and a share premium of £11.5299 per share. The total equity raised amounted to £7,000,013.”
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
7 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BILBE, Mark Charles | Director | 2024-12-19 | Jan 1975 | American |
| BOLTON, Richard | Director | 2023-11-07 | May 1990 | British |
| EGGERTSSON, Hilmar | Director | 2025-01-30 | Jun 1995 | Luxembourger |
| GRIM, Anne Marie | Director | 2024-08-01 | Jan 1961 | British,American |
| GUYE, Greg Louis | Director | 2021-11-12 | Dec 1967 | South African |
| HARDING, David Timothy | Director | 2020-08-11 | May 1966 | British |
| SCHOUTEN, Thijs Nicolaas | Director | 2022-01-18 | Dec 1993 | Dutch |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COEN, Filip | Director | 2023-08-17 | 2025-01-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Timothy Harding | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-08-11 | Ceased 2021-08-26 |
Filing timeline
Last 20 of 82 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-10 | AA | accounts | accounts with accounts type group |
| 2025-10-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-05-06 | RESOLUTIONS | resolution | resolution |
| 2025-05-06 | MA | incorporation | memorandum articles |
| 2025-04-28 | SH01 | capital | capital allotment shares |
| 2025-02-10 | AP01 | officers | appoint person director company with name date |
| 2025-02-10 | TM01 | officers | termination director company with name termination date |
| 2024-12-30 | AP01 | officers | appoint person director company with name date |
| 2024-12-11 | AA | accounts | accounts with accounts type total exemption full |
| 2024-10-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-13 | AP01 | officers | appoint person director company with name date |
| 2023-12-09 | RESOLUTIONS | resolution | resolution |
| 2023-11-30 | AD01 | address | change registered office address company with date old address new address |
| 2023-11-22 | RESOLUTIONS | resolution | resolution |
| 2023-11-22 | RESOLUTIONS | resolution | resolution |
| 2023-11-22 | MA | incorporation | memorandum articles |
| 2023-11-22 | SH08 | capital | capital name of class of shares |
| 2023-11-19 | SH01 | capital | capital allotment shares |
| 2023-11-19 | AP01 | officers | appoint person director company with name date |
| 2023-09-25 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
25.8
COLD
/ 100
- Filings velocity 17
- Capital events 20
- Officer churn 0
- Headcount trajectory 100
- Accounts trajectory 11
- 2 filing(s) in last 12 months
- 1 capital event(s) in last 24 months
- Employees +50% YoY
- Net Assets -39% YoY