MAGIC TECH LTD

13508558
Active London

Other information technology service activities

5 employees website.com
Lifestyle and entertainment Other information technology service activities
M

MAGIC TECH LTD

13508558

Other information technology service activities

Founded 13 Jul 2021 Active London, United Kingdom 5 employees website.com
Lifestyle and entertainment Other information technology service activities
Accounts Submitted 30 Sept 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 21 Jul 2025 Next due 26 Jul 2026 1 month remaining
Net assets £3M £2M 2024 year on year
Total assets £4M £3M 2024 year on year
Total Liabilities £1M £837K 2024 year on year
Charges 3
1 outstanding 2 satisfied

Contact & Details

Contact

Registered Address

9th Floor 107 Cheapside London EC2V 6DN United Kingdom

Website

www.example.com

Full company profile for MAGIC TECH LTD (13508558), an active lifestyle and entertainment company based in London, United Kingdom. Incorporated 13 Jul 2021. Other information technology service activities. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type total-exemption-full
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Net Assets, Total Assets & Total Liabilities (2022–2024)

Cash in Bank

£2.39M

Increased by £2.06M (+620%)

Net Assets

£2.76M

Increased by £2.45M (+791%)

Total Liabilities

£1.04M

Increased by £836.78k (+415%)

Turnover

N/A

Employees

5

Debt Ratio

27%

Decreased by 12 (-31%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Funding Rounds 1

Investors (1)

Investor NameInvestor SinceParticipating Rounds
Investor 1Nov 2024Seed

Share Capital

Share Capital

Share allotments and capital structure

16 Allotments 1,082,095 Shares £4.77m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
6 Nov 2024431,034£2.50m£5.8
6 Nov 20248,965£52k£5.8
6 Nov 20248,965£52k£5.8
6 Nov 202466,034£383k£5.8
6 Nov 202415,948£92k£5.8

Officers

Officers

3 active
Status
Ohs Secretaries LimitedCorporate-secretaryUnited KingdomUnknown5 Mar 2025Active
Rapoport, Stephen RossDirectorBritishUnited Kingdom4415 Dec 2025Active
Varun BhanotDirectorBritishEngland3513 Jul 2021Active

Shareholders

Shareholders (39)

Varun Bhanot
38.4%
800,000
Iw Capital Nominee Limited
20.7%
431,034

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Varun Bhanot

British

Active
Notified 13 Jul 2021
Residence England
DOB August 1990
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent

Group Structure

Group Structure

No group structure identified

Charges

Charges

1 outstanding 2 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
19 May 2026CapitalCapital Variation Of Rights Attached To Shares
19 May 2026CapitalCapital Name Of Class Of Shares
14 May 2026MortgageMortgage Satisfy Charge Full
29 Apr 2026OfficersTermination of Sunil Jindal as director on 23 Mar 2026
29 Jan 2026OfficersAppointment of Mr Stephen Ross Rapoport as director on 15 Dec 2025
19 May 2026 Capital

Capital Variation Of Rights Attached To Shares

19 May 2026 Capital

Capital Name Of Class Of Shares

14 May 2026 Mortgage

Mortgage Satisfy Charge Full

29 Apr 2026 Officers

Termination of Sunil Jindal as director on 23 Mar 2026

29 Jan 2026 Officers

Appointment of Mr Stephen Ross Rapoport as director on 15 Dec 2025

Recent Activity

Latest Activity

Capital Variation Of Rights Attached To Shares

3 weeks ago on 19 May 2026

Capital Name Of Class Of Shares

3 weeks ago on 19 May 2026

Mortgage Satisfy Charge Full

1 months ago on 14 May 2026

Termination of Sunil Jindal as director on 23 Mar 2026

1 months ago on 29 Apr 2026

Appointment of Mr Stephen Ross Rapoport as director on 15 Dec 2025

4 months ago on 29 Jan 2026