Magic Tech Ltd

Reference number: 981129

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When magic.fit first appeared online, and whether it can receive email
  • What kind of line 07841 979295 is
  • Who else gives the postcode EC2A 2DX
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FCA permissions and consumer protection

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (1 permission)
  • Credit Broking

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
13 July 2021 (5 years old)
Registered office
9th Floor 107 Cheapside, London, EC2V 6DN, United Kingdom
Nature of business
  • Other information technology service activities (SIC 62090)

Directors and company secretaries

Name Role Born Appointed Other companies
Varun Bhanot Director Aug 1990 13 Jul 2021 2 other companies
David Fisher Director Sep 1968 6 Nov 2024 19 other companies
Stephen Ross Rapoport Director Nov 1981 15 Dec 2025 5 other companies
Emma Louise Biasiolo Director Nov 1990 12 Aug 2026 3 other companies
OHS SECRETARIES LIMITED Corporate secretary Not published 5 Mar 2025 –

Other companies run by these 4 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
29
closed down
14
went insolvent
1

In the full report: all 29 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The one on the FCA register
  • All 5 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Full accountsNot audited

Net assets

£965k

No earlier figure to compare

Cash at bank

£1.41m

−41% from £2.39m

Employees (average)

12

+140% from 5

Owed within a year

£2.02m

+95% from £1.04m

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2022 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company 13508558. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Magic Tech’s history from the FCA register and Companies House, newest first.

2022

31 August 2022

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2021

13 July 2021

  • Incorporated at Companies House
  • Varun Bhanot became a part-owner (25–50% of shares)

Companies House

In the full report: all 13 events

  • All 13 events in its history (4 shown here)
  • Every director appointment and resignation: 6
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Firms connected to Magic Tech

Other FCA-listed firms that share a director, phone number or address with Magic Tech. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share its postcode
2
past link
1

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
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Firms like Magic Tech

Other firms of the same type (credit broker), nearest first.

In London

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Magic Tech

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 29 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 13 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Magic Tech Ltd FCA authorised?
Yes, Magic Tech Ltd (FRN 981129) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since August 2022 and works as a credit broker. The FCA has placed no limits on its permissions.
What is Magic Tech’s phone number and website?
The FCA register lists the phone number 07841 979295 and the website magic.fit for Magic Tech. If you were given different contact details, use these to check with the firm before going any further.
Is Magic Tech a scam or clone?
Magic Tech is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Magic Tech?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Magic Tech handles your money, so check the specific product before you commit. You can also refer complaints about Magic Tech to the Financial Ombudsman Service, free of charge.
Who owns Magic Tech?
Companies House lists one person with significant control of Magic Tech: Mr Varun Bhanot (25–50% of shares).
Who runs Magic Tech?
Companies House lists 4 directors of Magic Tech: Varun Bhanot, David Fisher, Stephen Ross Rapoport and Emma Louise Biasiolo.
How long has Magic Tech been in business?
The company was formed on 13 July 2021, and has held its current FCA authorisation since August 2022.
What do Magic Tech’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £965k (no earlier figure to compare) and cash at bank of £1.41m (−41% from £2.39m).

Sources and links

The full report on Magic Tech Ltd

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