MAGIC BEANS ACCOUNTS LIMITED Financials
- Company number
- NI637401Copy
Copy - Registered office
- 12 Cromac Place, Belfast BT7 2JB
- Incorporated
- 29/03/2016
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-52.09%vs 20222022: £28.33K
Total Assets
First reported yearTotal Liabilities
First reported yearEmployees
+1vs 20222022: 5
In 2023, MAGIC BEANS ACCOUNTS LIMITED reported net assets of £13.57K. The same filing shows total assets of £307.78K and total liabilities of £95.69K. Reported headcount was 6 in 2023. Net Assets fell from £28.33K in 2022 to £13.57K in 2023 (-52.09%). Okredo holds filed figures for 2021–2023; 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
-52.09%from £28.33K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MAGIC BEANS ACCOUNTS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-93.6%vs 2021-74.7% a year compound (CAGR)
Employees
+50%vs 2021+2Biggest increase
Employees+50%
4 in 2021 to 6 in 2023
Biggest decrease
Net Assets-93.6%
£212.09K in 2021 to £13.57K in 2023
MAGIC BEANS ACCOUNTS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGIC BEANS ACCOUNTS LIMITED'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
- 68.91%2021
- Liabilities to total assets
- 31.09%2021
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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MAGIC BEANS ACCOUNTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 212.09K | 28.33K | 13.57K |
| Total Assets£ | 307.78K | – | – |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 95.69K | – | – |
| Employees | 4 | 5 | 6 |
MAGIC BEANS ACCOUNTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MAGIC BEANS ACCOUNTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MAGIC BEANS ACCOUNTS LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
What net assets did MAGIC BEANS ACCOUNTS LIMITED report in 2023?
MAGIC BEANS ACCOUNTS LIMITED reported net assets of £13.57K for 2023. That compares with £28.33K in 2022, a change of -52.09%.
What total assets did MAGIC BEANS ACCOUNTS LIMITED report in 2021?
MAGIC BEANS ACCOUNTS LIMITED reported total assets of £307.78K for 2021. There is no earlier filing to compare it against.
What total liabilities did MAGIC BEANS ACCOUNTS LIMITED report in 2021?
MAGIC BEANS ACCOUNTS LIMITED reported total liabilities of £95.69K for 2021. There is no earlier filing to compare it against.
How many people does MAGIC BEANS ACCOUNTS LIMITED employ?
MAGIC BEANS ACCOUNTS LIMITED reported 6 employees in 2023, compared with 5 in 2022.
How have MAGIC BEANS ACCOUNTS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, MAGIC BEANS ACCOUNTS LIMITED's net assets fell by 93.6% and employee numbers rose by 50%. Net assets contracted at 74.7% a year across the two years to 2023, from £212.09K to £13.57K. Reported headcount went from 4 in 2021 to 6 in 2023 (+2).
Which years of MAGIC BEANS ACCOUNTS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.