MAGIC TECH LTD

Active London

Other information technology service activities

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

MAGIC TECH LTD

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 5 months remaining
Confirmation Submitted 21 Jul 2025 Next due 26 Jul 2026 3 months 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 2
1 outstanding 1 satisfied

Contact & Details

Contact

Registered Address

9th Floor 107 Cheapside London EC2V 6DN United Kingdom

Email

info@example.com

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 December 2025
Due by 30 September 2026 9 months

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
Dec Year End
2023
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 202417,241£100k£5.8
6 Nov 20248,965£52k£5.8
6 Nov 202466,034£383k£5.8
6 Nov 202420,689£120k£5.8
6 Nov 20243,448£20k£5.8

Officers

Officers

3 active
Status
Rapoport, Stephen RossDirectorBritishUnited Kingdom4415 Dec 2025Active
Sunil JindalDirectorBritishUnited Kingdom326 Nov 2024Active
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 1 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
29 Jan 2026OfficersAppointment of Mr Stephen Ross Rapoport as director on 2025-12-15
30 Sept 2025AccountsAnnual accounts made up to 2024-12-31
21 Jul 2025Confirmation StatementConfirmation statement made on 2025-07-12 with updates
4 Jul 2025CapitalCapital Name Of Class Of Shares
2 Jul 2025OfficersChange to director Mr Sunil Jindal on 2025-03-17
29 Jan 2026 Officers

Appointment of Mr Stephen Ross Rapoport as director on 2025-12-15

30 Sept 2025 Accounts

Annual accounts made up to 2024-12-31

21 Jul 2025 Confirmation Statement

Confirmation statement made on 2025-07-12 with updates

4 Jul 2025 Capital

Capital Name Of Class Of Shares

2 Jul 2025 Officers

Change to director Mr Sunil Jindal on 2025-03-17

Recent Activity

Latest Activity

Appointment of Mr Stephen Ross Rapoport as director on 2025-12-15

2 months ago on 29 Jan 2026

Annual accounts made up to 2024-12-31

6 months ago on 30 Sept 2025

Confirmation statement made on 2025-07-12 with updates

9 months ago on 21 Jul 2025

Capital Name Of Class Of Shares

9 months ago on 4 Jul 2025

Change to director Mr Sunil Jindal on 2025-03-17

9 months ago on 2 Jul 2025