Merchant Of Magic Limited

Merchant Of Magic Ltd, based in Fareham, UK, is a small, family-run business with an active status, celebrating 23 years since its founding in 2002. Employing just two people, the company holds £98,248 in assets and operates from a virtual address – seventy one other companies share the same location, which is a little odd. Two directors and two owners manage the operations, and the company enjoys a stellar 5.0 Google rating based on 245 reviews. It’s an e-commerce site specializing in magic supplies, and irregularly imports toys, games, and sports equipment – the last import was recorded a year ago.

The company’s website, MerchantOfMagic.co.uk, is a comprehensive online store catering to magicians of all levels. It’s packed with categories, from beginner tricks to advanced illusions, playing cards, and even a section dedicated to mentalism. The site also features a blog with articles, reviews, and tutorials, and it even offers a selection of magic sets and collections. It’s clear the company is passionate about its niche, and the site is a hub for the magic community.

Financially, Merchant Of Magic Ltd shows some interesting trends. Current assets have decreased by 25%, dropping to £98,000, while net assets have fallen by 49% to just £370. Bank borrowings have increased, and cash reserves have declined by 23%, settling at £2,800. Creditors have also decreased, which is a positive sign. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is not unusual for a small company.

It seems Merchant Of Magic Ltd is navigating a period of financial adjustment. The company's strong online presence and loyal customer base suggest a solid foundation, but the decline in equity raises questions about its long-term sustainability. It’s a little strange that so many companies share the same address, but overall, the business seems to be holding its own in a competitive market.

Registered in England/Wales under the registration number 04397647, with a registered address at PO17 6EX, United Kingdom, Fareham, Hampshire, Castle Farm Barn North Denmead Road, Southwick.

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