Uk Magic Store Limited

Uk Magic Store Limited is a small, active company based in Wembley, UK, founded four years ago in April 2020. It’s a solo venture led by Ale Naresh, who serves as both director and owner, and employs just one person. The company operates an e-commerce site specializing in magic tricks and related products, earning a stellar 5.0 Google rating from 37 reviews. Its registered address is real, with only two other companies sharing the same location.

The website, Saturn Magic, is a vibrant online marketplace for magic enthusiasts. It showcases a wide range of products, from beginner-friendly tricks to professional-grade illusions, including cards, coins, and even voodoo dolls. The site features new releases, sale items, and a newsletter to keep customers informed. It’s clearly geared towards retail sale via internet, and the site is very active, with frequent updates and new product listings.

Financially, Uk Magic Store Limited presents a picture of a very small business. Total assets are a modest £150, with just £160 in cash reserves. Creditors are a small £10, and retained earnings are just £46. The company’s size—meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—helps it maintain agility, but the low asset base and reliance on bank borrowings (though small) suggests a need for careful cash management. The lack of an auditor, consistent with its status as a small company, means the figures are unaudited. It’s a bit of a challenge, but the company seems to be holding on.

Registered in England/Wales under the registration number 12578084, with a registered address at HA9 6BN, England, Wembley, 19 Clifton Avenue.

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