Magic Lamp Productions Limited

Magic Lamp Productions Ltd, based in London, UK, is a large, active holding company founded ten years ago. With £8,177,211 in assets and a real address shared by seven other companies, it’s a significant player in the UK business landscape, overseen by four directors and a single owner. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation occurring in December 2017, but exports virtually nothing, with just one month of export activity recorded in February 2018.

The company’s website reveals a unique focus: empowering nonprofit organizations. Magic Lamp Consulting, the core service offered, helps small to mid-sized Massachusetts nonprofits amplify their impact through creative business growth, development, and grant writing. They boast over twenty years of experience, winning grant awards for a wide range of programs, from community gardens to veteran’s health initiatives. The site’s testimonials highlight the company’s effectiveness, with clients praising their expertise and ability to secure funding.

However, a closer look at the financials paints a mixed picture. While the company’s turnover remains undisclosed, its assets have decreased by 34%, dropping to £8,200,000. Cash reserves have plummeted a staggering 93%, leaving just £110,000 on hand. Bank borrowings have also increased significantly, reaching £29,000. Creditors, however, have decreased by 34%, suggesting improved debt management. The company’s small number of employees (zero reported) indicates a lean operation, but the sharp decline in cash and assets raises concerns about its financial health. The absence of an auditor, typical for small companies, means these figures are unaudited.

Despite the financial pressures, Magic Lamp Productions Ltd appears to be a specialized consultancy with a strong reputation for helping nonprofits secure funding. Whether this niche expertise can sustain the company through these challenging times remains to be seen.

Registered in England/Wales under the registration number 09359156, with a registered address at W6 9PE, London, C/O Banner Productions Limited 3 Queen Caroline Street, Hammersmith.

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