Loading the map…
Residential care activities for learning difficulties, mental health and substance abuse · London
Magic Life
Magic Life Limited
Private limited company registered in London, classed under “Residential care activities for learning difficulties, mental health and substance abuse”.
Headline figures
FY to Nov 2024 · Company only
Turnover
For subscribers
Profit after tax
£668k
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
Retained reserves
For subscribers
What the numbers say
4 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2022 | 2023* | 2024 |
|---|---|---|---|
| Profit after tax | £668k | ||
| Turnover | |||
| Net assets | |||
| Cash | |||
| Employees | |||
| Retained reserves |
Every figure for all 3 years
“—” means we did not find the figure in a source; it is never filled with an estimate. * Restated: the next year's accounts printed different figures for this year, and those later figures are shown.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2022 | 2023 | 2024 |
|---|---|---|---|
| Current assets | |||
| of which debtors | |||
| of which cash | |||
| Creditors due within a year | |||
| Net current assets | |||
| Net assets | |||
| Ratios | |||
| Profit marginProfit after tax as a share of turnover | |||
| Return on equityProfit after tax as a share of net assets | |||
| Current ratioCurrent assets for every £1 owed within a year | |||
| Cash ratioCash for every £1 owed within a year | |||
| Creditors to assetsEverything owed to creditors as a share of fixed plus current assets | |||
| Turnover per employeeTurnover divided by average staff | |||
| Debtor daysDays of turnover owed by customers at the year end | |||
6 balance-sheet lines and 7 ratios, every year
A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.
Questions people ask
›What does Magic Life do?
Private limited company registered in London, classed under “Residential care activities for learning difficulties, mental health and substance abuse”.
›How much turnover does Magic Life make?
Answered in the full report
›Is Magic Life profitable?
Yes: it made a profit after tax of £668k in the year to 30 November 2024, its latest filed accounts.
›How many people work at Magic Life?
Answered in the full report
›Where is Magic Life based?
Its registered office is Magic House 5-11, Green Lanes, London, N13 4TN, in London.
›When was Magic Life founded?
Magic Life Limited was incorporated on 7 November 2012.
›Is Magic Life still trading?
The register lists Magic Life Limited as active.