Magical Brands Ltd

Magical Brands Ltd is a small, active company based in Harrow, UK, founded three years ago in 2021. It’s a family business with three directors and owners, employing just three people and holding £2,781 in assets. The company operates an e-commerce site specializing in edible infusions, particularly gummies, and boasts a range of products from machines to ingredients and even recipes. Its website, MagicalButter, showcases a wide array of equipment and mixes, catering to both novice and experienced users interested in creating their own herbal edibles. The company also offers a range of services including dosage calculators and recipe submissions.

The company's core business is retail sale via mail order houses or via internet. The website highlights a focus on user-friendly design, high-quality materials, and a wide range of applications, from home chefs to herbal enthusiasts. The site also features a community section with recipes and a dosage calculator, fostering engagement and providing support to customers. The company’s branding emphasizes “magical infusions” and a user-friendly approach to a niche market.

Financially, Magical Brands Ltd presents a mixed picture. Cash bank on hand has fallen by a significant 46%, dropping to £660, while creditors have increased by 21%, reaching £6,300. Current assets have also decreased by 35%, falling to £2,800, and net current assets liabilities are at -£3,500. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in equity and cash reserves suggests potential financial pressure. The company is exempt from an audit, so the financial statements are unaudited.

It's clear that Magical Brands Ltd is navigating the challenges of a small, growing business. While the e-commerce platform appears active and well-stocked, the financial data reveals a need to manage cash flow and potentially reduce liabilities.

Registered in England/Wales under the registration number 13757477, with a registered address at HA2 6PS, United Kingdom, Harrow, Middlesex, 11 Albert Road.

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