MAGIC HOMES LTD. Financials
- Company number
- 04371865Copy
Copy - Registered office
- Magic House, 5-11 Green Lanes, Palmers Green, London N13 4TN
- Incorporated
- 12/02/2002
Company snapshot
- Status
- Active
- Employees
- 19 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-2.99%vs 20242024: £28.14M
Total Assets
8.87%vs 20242024: £37.24M
Cash in Bank
53.37%vs 20242024: £104.19K
Total Liabilities
46.18%vs 20242024: £9.06M
Employees
0vs 20242024: 19
In 2025, MAGIC HOMES LTD. reported net assets of £27.30M. The same filing shows total assets of £40.54M, cash in bank of £159.80K and total liabilities of £13.24M. Reported headcount was 19 in 2025. Total Liabilities rose from £9.06M in 2024 to £13.24M in 2025 (46.18%). 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
-2.99%from £28.14M in 2024Year-on-year change
Net 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 HOMES LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-6.6%vs 2023-3.4% a year compound (CAGR)
Cash in Bank
+127%vs 2023+50.6% a year compound (CAGR)
Total Assets
+8.5%vs 2023+4.2% a year compound (CAGR)
Total Liabilities
+63.8%vs 2023+28% a year compound (CAGR)
Employees
+18.8%vs 2023+3Biggest increase
Cash in Bank+127%
£70.44K in 2023 to £159.80K in 2025
Biggest decrease
Net Assets-6.6%
£29.23M in 2023 to £27.30M in 2025
MAGIC HOMES LTD.'s filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 HOMES 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
- 67.33%2025
- Liabilities to total assets
- 32.65%2025
- Cash to liabilities
- 1.21%2025
- Cash to total assets
- 0.39%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MAGIC HOMES LTD. 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£ | 27.42M | 27.73M | 29.23M | 28.14M | 27.30M |
| Total Assets£ | 51.30M | 93.06M | 37.35M | 37.24M | 40.54M |
| Cash in Bank£ | 256.24K | 70.05K | 70.44K | 104.19K | 159.80K |
| Total Liabilities£ | 23.89M | 22.68M | 8.08M | 9.06M | 13.24M |
| Employees | 9 | 13 | 16 | 19 | 19 |
MAGIC HOMES LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Has MAGIC HOMES LTD. filed financial statements?
Yes. Okredo holds filed figures for MAGIC HOMES LTD. covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MAGIC HOMES LTD. report in 2025?
MAGIC HOMES LTD. reported net assets of £27.30M for 2025. That compares with £28.14M in 2024, a change of -2.99%.
What total assets did MAGIC HOMES LTD. report in 2025?
MAGIC HOMES LTD. reported total assets of £40.54M for 2025. That compares with £37.24M in 2024, a change of 8.87%.
What cash in bank did MAGIC HOMES LTD. report in 2025?
MAGIC HOMES LTD. reported cash in bank of £159.80K for 2025. That compares with £104.19K in 2024, a change of 53.37%.
How many people does MAGIC HOMES LTD. employ?
MAGIC HOMES LTD. reported 19 employees in 2025, compared with 19 in 2024.
How have MAGIC HOMES LTD. financials changed over the last 3 years?
Between 2023 and 2025, MAGIC HOMES LTD.'s net assets fell by 6.6%, cash in bank rose by 127%, total assets rose by 8.5% and total liabilities rose by 63.8%. Net assets contracted at 3.4% a year across the two years to 2025, from £29.23M to £27.30M. Reported headcount went from 16 in 2023 to 19 in 2025 (+3).
Which years of MAGIC HOMES LTD. financial data are available?
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.