PRACTICAL MAGIC HAIR DESIGN LTD

Company number 06989702 · Active

PRACTICAL MAGIC HAIR DESIGN LTD is a private limited company registered in GRISTON, United Kingdom, incorporated on 12 Aug 2009. Its registered activity is hairdressing and other beauty treatment. Its latest published accounts for the period ending 31 Mar 2026 show equity of £3,635, total assets of £13k. It has filed 7 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

Region0.1×IP · 0.01 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Days since last period end0.6×< 246 · 0.06 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
06989702 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
12 Aug 2009 (17 years)
Registered address
IP25 6PR GRISTON
Postcode area
Ipswich
Activity
96020 Hairdressing and other beauty treatment
Industry
Other personal service activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202615 Jul 2026– –£3,635£13k £8,967–1
31 Mar 202515 Oct 2025– –£150£8,422 £8,272–1
31 Mar 202415 Nov 2024– –£49£9,783 £9,734–1
31 Mar 202315 Dec 2023– –£552£9,757 £9,205–1
31 Mar 202215 Jul 2022– –£2,540£12k £8,984–1
31 Mar 202115 Nov 2021– –£13k£19k £6,242–1
31 Mar 202015 Oct 2020– –£9,740£17k £6,889–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about PRACTICAL MAGIC HAIR DESIGN LTD

What is the company number of PRACTICAL MAGIC HAIR DESIGN LTD?

PRACTICAL MAGIC HAIR DESIGN LTD is registered under company number 06989702 in the official register of United Kingdom. View it at the official register.

Is PRACTICAL MAGIC HAIR DESIGN LTD still active?

Yes. PRACTICAL MAGIC HAIR DESIGN LTD is registered as active (status: Active).

Has PRACTICAL MAGIC HAIR DESIGN LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PRACTICAL MAGIC HAIR DESIGN LTD in the official data.

How likely is PRACTICAL MAGIC HAIR DESIGN LTD to become insolvent?

Our model estimates a 0.00 % probability that PRACTICAL MAGIC HAIR DESIGN LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was PRACTICAL MAGIC HAIR DESIGN LTD founded?

PRACTICAL MAGIC HAIR DESIGN LTD was incorporated on 12 Aug 2009.

Where is PRACTICAL MAGIC HAIR DESIGN LTD registered?

PRACTICAL MAGIC HAIR DESIGN LTD's registered address is in IP25 6PR GRISTON (Ipswich), United Kingdom.

What do the latest accounts of PRACTICAL MAGIC HAIR DESIGN LTD show?

The latest published accounts (period ending 31 Mar 2026) show equity of £3,635, total assets of £13k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.