Magic Online Solutions Limited in Norfolk, NR1 1RY

Description

Data updated on: 01-11-2023

Magic Online Solutions came into being in 2006 as a company enlisted under no 06028982, located at NR1 1RY Norfolk at 12 Thorpe Road. It has been in business for 18 years and its last known state is active. This firm's classified under the NACE and SIC code 62020: Information technology consultancy activities. 2022-12-31 is the last time the accounts were filed.

According to the information we have, the following business was created in 2006-12-14 and has been run by five directors, and out of them two (Helen L. and Mark L.) are still listed as current directors.

The companies that control this firm are: One Agency Group Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Norwich at Thorpe Road, NR1 1RY and was registered as a PSC under the registration number 10071423.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	114 169	93 747	125 600	115 906	134 459

Balance Sheet
Cash Bank On Hand						58 768	22 193	47 808	241 011	215 199	197 618	125 519
Current Assets	308 465	280 445	286 863	336 224	504 582	683 525	886 773	1 070 020	1 415 418	1 553 918	1 706 115	1 658 493
Debtors	297 527	261 526	275 522	254 967	472 477	621 557	864 580	1 022 212	1 174 407	1 338 719	1 508 497	1 532 974
Net Assets Liabilities						285 939	498 769	761 520	815 319	967 096	1 089 328	1 188 838
Other Debtors						1 600				3 595	3 751	2 307
Property Plant Equipment					23 752	23 418	19 152	23 230	16 721	17 791	18 639	39 435
Cash Bank In Hand	4 938	12 619	4 755	61 628	16 148
Intangible Fixed Assets	162 513	223 429	196 083	168 738	146 192
Net Assets Liabilities Including Pension Asset Liability	114 169	93 747	125 600	115 906	134 459
Stocks Inventory	6 000	6 300	6 615	19 629	15 957
Tangible Fixed Assets	34 399	25 858	21 662	22 207	23 752
Total Inventories						3 200

Capital & Reserves
Called Up Share Capital	30 000	30 001	30 001	30 001	30 001
Profit Loss Account Reserve	84 169	63 746	95 599	85 905	104 458
Shareholder Funds	114 169	93 747	125 600	115 906	134 459

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					139 264	171 410	198 756	226 102	253 448	280 794	285 456
Accumulated Depreciation Impairment Property Plant Equipment					64 475	71 976	79 214	86 163	93 132	96 302	99 865	107 589
Amounts Owed By Related Parties										823 489	910 830	949 212
Average Number Employees During Period						28	26	32	35	39	39	39
Bank Borrowings Overdrafts				103 669	175 376	168 382	179 175	109 185	232 786	151 515	56 098	26 450
Corporation Tax Payable						61 149	78 003	61 230	80 389	84 413	156 403	133 432
Creditors						107 426	72 424	37 422	64 086	91 660	56 098	26 450
Fixed Assets	196 912	249 287	217 745	190 945	169 944	137 464	105 852	82 584	48 729	22 453	18 639
Increase From Amortisation Charge For Year Intangible Assets						32 146	27 346	27 346	27 346	27 346	4 662
Increase From Depreciation Charge For Year Property Plant Equipment						7 501	7 238	6 949	6 969	3 170	3 563	7 724
Intangible Assets					146 192	114 046	86 700	59 354	32 008	4 662
Intangible Assets Gross Cost					285 456	285 456	285 456	285 456	285 456	285 456	285 456
Net Current Assets Liabilities	-46 961	-149 285	-91 663	-73 754	110 649	258 464	468 009	719 418	832 924	1 038 767	1 129 486	1 182 730
Other Creditors										91 716	130 256	75 932
Other Taxation Social Security Payable						20 451	21 026	26 660	30 381	25 217	134 131	131 894
Property Plant Equipment Gross Cost					88 227	95 394	98 366	109 393	109 853	114 093	118 504	147 024
Provisions For Liabilities Balance Sheet Subtotal						2 563	2 668	3 060	2 248	2 464	2 699	6 877
Total Additions Including From Business Combinations Property Plant Equipment						7 167	2 972	11 027	460	4 240	4 411	28 520
Total Assets Less Current Liabilities	149 951	100 002	126 082	117 191	280 593	395 928	573 861	802 002	881 653	1 061 220	1 148 125	1 222 165
Trade Creditors Trade Payables						56 010	47 449	43 041	101 497	69 786	125 835	104 501
Trade Debtors Trade Receivables						234 189	362 047	402 752	517 358	511 635	593 916	581 455
Accruals Deferred Income Within One Year				1 155	18 928
Accrued Liabilities Deferred Income						13 735	8 539	23 080	32 883	79 988
Corporation Tax Due Within One Year				78 862	37 589
Creditors Due After One Year	34 666	5 780			143 971
Creditors Due Within One Year	355 426	429 730	378 555	409 978	393 933
Debtors Due Within One Year				254 967	472 477
Deferred Tax Liability				1 285	2 163
Finance Lease Liabilities Present Value Total						1 543
Intangible Fixed Assets Additions		88 262			12 000
Intangible Fixed Assets Aggregate Amortisation Impairment	22 681	50 027	77 373	104 718	139 264
Intangible Fixed Assets Amortisation Charged In Period		27 346	27 346	27 345	34 546
Intangible Fixed Assets Cost Or Valuation	185 194	273 456	273 456	273 456	285 456
Loans From Directors Within One Year				2 687	13 194
Number Shares Allotted		1	1	1	1
Obligations Under Finance Lease Hire Purchase Contracts After One Year					1 543
Obligations Under Finance Lease Hire Purchase Contracts Within One Year					2 577
Other Borrowings					142 428
Other Remaining Borrowings						107 426	72 424	37 422	64 086	41 660
Other Taxation Social Security Within One Year				12 108	17 932
Par Value Share		1	1	1	1
Prepayments						2 796	2 500	2 460	2 517	3 595
Profit Loss For Period					148 553
Provisions						400	2 668	3 060	2 248	2 464
Provisions For Liabilities Charges	1 116	475	482	1 285	2 163
Share Capital Allotted Called Up Paid	12 000	1	1	1	1
Stocks Raw Materials Consumables				5 379
Tangible Fixed Assets Additions		915	5 267	7 124	8 628
Tangible Fixed Assets Cost Or Valuation	66 293	67 208	72 475	79 599	88 227
Tangible Fixed Assets Depreciation	31 894	41 350	50 813	57 392	64 475
Tangible Fixed Assets Depreciation Charged In Period		9 456	9 463	6 579	7 083
Total Dividend Payment					130 000
Trade Creditors Within One Year				108 071	62 150
V A T Due Total Creditors				55 394	60 398
Work In Progress				14 250	15 957	3 200