MAGIC ACORNS CIC Financials
- Company number
- 12117221CopyCopy
- Registered office
- 2 Stonecutters Way, Great Yarmouth NR30 1HF
- Incorporated
- 23/07/2019
Company snapshot
- Status
- Active
- Employees
- 7 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
Increasedvs 20242024: £0.00
Total Assets
70.52%vs 20242024: £73.60K
Cash in Bank
75.21%vs 20242024: £71.11K
Total Liabilities
17.94%vs 20242024: £73.60K
Employees
0vs 20242024: 7
In 2025, MAGIC ACORNS CIC reported net assets of £38.70K. The same filing shows total assets of £125.50K, cash in bank of £124.60K and total liabilities of £86.80K. Reported headcount was 7 in 2025. Cash in Bank rose from £71.11K in 2024 to £124.60K in 2025 (75.21%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Increasedfrom £0.00 in 2024Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MAGIC ACORNS CIC filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
+26.4%vs 2023+12.4% a year compound (CAGR)
Total Assets
+27.3%vs 2023+12.8% a year compound (CAGR)
Total Liabilities
-12%vs 2023-6.2% a year compound (CAGR)
Employees
+40%vs 2023+2Biggest increase
Employees+40%
5 in 2023 to 7 in 2025
Biggest decrease
Total Liabilities-12%
£98.60K in 2023 to £86.80K in 2025
MAGIC ACORNS CIC's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGIC ACORNS CIC's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 30.84%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 69.16%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 143.55%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 99.28%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £26.85K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MAGIC ACORNS CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 0.00 | 0.00 | 0.00 | 0.00 | 38.70K |
| Total Assets£ | 22.40K | 24.02K | 98.60K | 73.60K | 125.50K |
| Cash in Bank£ | 22.40K | 24.02K | 98.60K | 71.11K | 124.60K |
| Total Liabilities£ | 22.40K | 24.02K | 98.60K | 73.60K | 86.80K |
| Employees | 5 | 5 | 5 | 7 | 7 |
MAGIC ACORNS CIC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MAGIC ACORNS CIC covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MAGIC ACORNS CIC reported net assets of £38.70K for 2025. That compares with £0.00 in 2024.
MAGIC ACORNS CIC reported total assets of £125.50K for 2025. That compares with £73.60K in 2024, a change of 70.52%.
MAGIC ACORNS CIC reported cash in bank of £124.60K for 2025. That compares with £71.11K in 2024, a change of 75.21%.
MAGIC ACORNS CIC reported 7 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, MAGIC ACORNS CIC's cash in bank rose by 26.4%, total assets rose by 27.3%, total liabilities fell by 12% and employee numbers rose by 40%. Cash in bank compounded at 12.4% a year across the two years to 2025, from £98.60K to £124.60K. Reported headcount went from 5 in 2023 to 7 in 2025 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.