MAGI ENTERPRISES UK LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-06-30
Confirmation statement due
2026-12-01 (in 7mo)
Last made up 2025-11-17
Watchouts
Cash
£7K
-62.8% lowest in 3 filed years
Net assets
£24K
-97.4% vs 2023
Employees
—
Average over period
Profit before tax
-£892K
-823.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-06-30
| Metric | Trend | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £131,431 | £116,179 | £572,980 | |
| Operating profit | — | — | — | -£2,101,078 | -£96,850 | -£891,968 | |
| Profit before tax | — | — | — | -£2,099,351 | -£96,616 | -£891,968 | |
| Net profit | — | — | — | -£2,226,734 | -£96,616 | -£891,968 | |
| Cash | — | — | — | £28,570 | £18,500 | £6,890 | |
| Total assets less current liabilities | — | — | — | — | £915,547 | £23,579 | |
| Net assets | — | — | — | — | £915,547 | £23,579 | |
| Equity | £918,870 | £893,066 | £3,238,897 | £1,012,163 | £915,547 | £23,579 | |
| Average employees | — | — | — | 0 | 0 | — | |
| Wages | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-06-30 vs 2023-06-30
-
Turnover
+393.2%
£116,179 £572,980
highest in 3 filed years
-
Cash
-62.8%
£18,500 £6,890
lowest in 3 filed years
-
Net assets
-97.4%
£915,547 £23,579
-
Employees
—
Not reported
-
Operating profit
-821%
-£96,850 -£891,968
-
Profit before tax
-823.2%
-£96,616 -£891,968
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -83.4% | -155.7% | |
| Net margin | — | — | — | — | -83.2% | -155.7% | |
| Return on capital employed | — | — | — | — | -10.6% | -3782.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | 3.2% | 70.9% | |
| Current ratio | — | — | — | — | 0.87x | 0.43x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Parker Cavendish
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have formed judgement, at the time of approving the financial statements, that there is reasonable expectation that the company has adequate resources to continue to operate for the foreseeable future. For this reason, the directors continue to adopt the 'going concern' basis in preparing these financial statements.”
Group structure
- MAGI ENTERPRISES UK LIMITED · parent
- Magi Enterprises Lanka (Private) Limited 100%
- Kookai Iberia SL 100%
- Kookai Suisse SARL 100%
Significant events
- “The plan longer term is to continue efforts to increase the on-line sales in the UK and potentially open high street stores in the UK in the future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CROMB, Ratu Qativi Robert Charles Simon | Director | 2015-12-11 | Mar 1964 | Australian |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Danielle Katrina Vagner | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2025-02-18 |
| Ratu Qativi Robert Charles Simon Cromb | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 45 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-11-22 MA Memorandum articles
- 2021-11-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-03-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-19 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-31 | AA | accounts | Accounts with accounts type full | |
| 2023-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-19 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-09-18 | AA | accounts | Accounts with accounts type full | |
| 2023-08-29 | GAZ1 | gazette | Gazette notice compulsory | |
| 2022-12-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-06 | DISS40 | gazette | Gazette filings brought up to date | |
| 2022-09-05 | AA | accounts | Accounts with accounts type full | |
| 2022-08-30 | GAZ1 | gazette | Gazette notice compulsory | |
| 2022-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-22 | MA | incorporation | Memorandum articles | |
| 2021-11-16 | RESOLUTIONS | resolution | Resolution | |
| 2021-11-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-11-01 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.