MAGICS ELECTRICAL SERVICES LIMITED

Company TypePrivate Limited
Company Number05221273
Incorporated2004-09-03
IndustryElectrical installation
Phone Number01708 550700

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Summary

MAGICS ELECTRICAL SERVICES LIMITED was formed on the 3rd September 2004 (filed on the 14th November 2017) , and are based in Essex, Unit 6B Ground Floor. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2017, they made a post-tax profit of £81,178 on a turnover of £1,877,185 (down 59% from 2016) .

There are 3 major shareholders listed for MAGICS ELECTRICAL SERVICES LIMITED with Manjit Singh Bahrha owning the most shares by value.

Addresses

Registered address

18 Ravenings Parade
39 Goodmayes Road
Ilford
Essex
IG3 9NR

Trading address

Unit 6b Ground Floor
Albright Industrial Estate
Rainham
Essex
RM13 9BU

Financials

31st March 2017 31st March 2016 31st March 2015 31st March 2014 31st March 2013
Cash £195,798 £194,107 £114,011 £137,343 £30,488
Tangible net worth £321,413 £280,235 £124,193 £128,222 £61,642
Current liabilities £186,008 £198,613 £148,625 £134,752 £153,864
Current assets £482,805 £471,802 £284,528 £246,934 £204,862
31st March 2017 31st March 2016 31st March 2015 31st March 2014 31st March 2013
Solvency ratios
Current ratio 2.60 2.38 1.91 1.83 1.33
Efficiency ratios
Return on assets 0.16 0.40 0.13 0.42 0.40
Return on capital employed 0.32 0.84 0.33 1.07 1.77
Gearing ratios
Debt to equity ratio 1860.08 2102.83 1802.95 1347.52 1538.64
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - 94.83 43.76 161.57 58.12

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Documents

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