Active

MAGIC CORN UK LTD Financials

Company number
05929197Copy
copy info iconCopy
Registered office
Unit 13 Walthamstow Business Centre, Clifford Road, London E17 4SX
Incorporated
08/09/2006

Company snapshot

Status
Active
Employees
4 (2026)
Latest financial data
2026
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£-258.88K2026
4.61%vs 2025

2025: £-271.39K

Total Assets

£39.23K2026
123.89%vs 2025

2025: £17.52K

Total Liabilities

£298.12K2026
3.19%vs 2025

2025: £288.91K

Employees

42026
0vs 2025

2025: 4

In 2026, MAGIC CORN UK LTD reported net assets of £-258.88K. The same filing shows total assets of £39.23K and total liabilities of £298.12K. Reported headcount was 4 in 2026. Total Assets rose from £17.52K in 2025 to £39.23K in 2026 (123.89%). Okredo holds filed figures for 2022–2026; 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

£-258.88K2026
4.61%from £-271.39K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures MAGIC CORN UK LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£-293.94K2024£-258.88K2026
Increasedvs 2024

Total Assets

£42.70K2024£39.23K2026
-8.1%vs 2024

-4.1% a year compound (CAGR)

Total Liabilities

£336.64K2024£298.12K2026
-11.4%vs 2024

-5.9% a year compound (CAGR)

Employees

4202442026
0%vs 2024

Biggest decrease

Total Liabilities-11.4%

£336.64K in 2024 to £298.12K in 2026

MAGIC CORN UK LTD's filings pull in both directions between 2024 and 2026. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with total assets falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MAGIC CORN UK LTD'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
-659.88%2026

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
759.88%2026

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 CORN UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£-267.61K-297.40K-293.94K-271.39K-258.88K
Total Assets£38.01K30.08K42.70K17.52K39.23K
Cash in Bank£–––––
Total Liabilities£305.62K327.48K336.64K288.91K298.12K
Employees44444

MAGIC CORN UK LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has MAGIC CORN UK LTD filed financial statements?

toggle

Yes. Okredo holds filed figures for MAGIC CORN UK LTD covering 2022–2026, across 4 reported indicators. The most recent reported year is 2026.

What net assets did MAGIC CORN UK LTD report in 2026?

toggle

MAGIC CORN UK LTD reported net assets of £-258.88K for 2026. That compares with £-271.39K in 2025, a change of 4.61%.

What total assets did MAGIC CORN UK LTD report in 2026?

toggle

MAGIC CORN UK LTD reported total assets of £39.23K for 2026. That compares with £17.52K in 2025, a change of 123.89%.

What total liabilities did MAGIC CORN UK LTD report in 2026?

toggle

MAGIC CORN UK LTD reported total liabilities of £298.12K for 2026. That compares with £288.91K in 2025, a change of 3.19%.

How many people does MAGIC CORN UK LTD employ?

toggle

MAGIC CORN UK LTD reported 4 employees in 2026, compared with 4 in 2025.

How have MAGIC CORN UK LTD financials changed over the last 3 years?

toggle

Between 2024 and 2026, MAGIC CORN UK LTD's total assets fell by 8.1%, total liabilities fell by 11.4% and employee numbers was unchanged. Total assets contracted at 4.1% a year across the two years to 2026, from £42.70K to £39.23K. Reported headcount went from 4 in 2024 to 4 in 2026.

Which years of MAGIC CORN UK LTD financial data are available?

toggle

Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.