Magic Book Uk Ltd

Magic Book Uk Ltd, based in Burton-On-Trent, UK, is a small, active company founded three years ago in 2022. It operates an e-commerce site selling magic painting books and related art supplies, boasting a real address and managed by a single director and two owners. The company is an irregular importer, bringing in printed materials like books and newspapers, with the last import activity recorded one month ago.

The website, magicbook.co.uk, showcases a range of water magic painting books, scratch-off books, and colouring sets designed for children. The site emphasizes the educational and developmental benefits of these products, highlighting their ability to improve fine motor skills, hand-eye coordination, and concentration. It also offers a variety of art supplies, including paint brushes and markers, catering to both beginners and experienced artists. The site also offers free delivery over £19.90, which is a good incentive.

Financially, Magic Book Uk Ltd presents a mixed picture. Net assets declined significantly, dropping from -£7,700 to -£8,500. Cash on hand increased slightly, rising from £37 to £40, but loans from directors also increased to £8,600. Creditors rose to £8,600 too. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited.

The company’s financial results suggest it’s facing challenges, although it’s likely these are typical for a small, relatively new business. The increased reliance on loans from directors could be a sign of tighter cash flow, but the online presence and product offering seem well-positioned for continued growth.

Registered in England/Wales under the registration number 13827816, with a registered address at DE14 3EF, England, Burton-On-Trent, 17 Harrison Close, Branston.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.