MAGIC RAGS PTE. LTD.

Business Description

MAGIC RAGS PTE. LTD. is registered as a business entity on 17 February 2023 (1.9 years ago) structured as a Exempt Private Company Limited By Shares (Local Company) with 3 officer(s) in-charge. The business jurisdiction is overseen by the Accounting and Corporate Regulatory Authority (ACRA), a government agency from Singapore with the given Business Registration Number / Unique Entity Number (UEN) 202306014N. The business official address is located at 122 Jurong East Street 13 #12-41, Ivory Heights, Singapore 600122 in the primary industry of 81212: Domestic/household Cleaning Services (excluding Online Marketplaces) using Singapore Dollars - SGD as its default trading currency. The business name remains unchanged since inception. The business annual account filing date falls on 31 August and is currently operational with the status of 'Live Company'. The business paid up share capital is SGD 1,000, with preference share capital of SGD 0, and other share capital at SGD 0.

In the past 365 days, MAGIC RAGS PTE. LTD. has received a total of Login to view reported payment review(s). 8 were rated Good and Login to view were rated Poor. The latest review was made on 2023-08-26 and it was reported "Good". The aggregated good payment amount is equivalent to USD 3,200, and aggregated poor payment amount is equivalent to USD Login to view. Its current payment rating of "A" suggest a healthy payment culture where settlement with stakeholders is always prioritised. Since the business is currently active, it also signals positive financial standing. The lack of an appointed auditor indicates that the business is small sized as it did not meet the regulatory requirements of revenue or assets exceeding SGD 10 million, or has more than 50 employees in the previous two fiscal years.

MAGIC RAGS PTE. LTD. is not yet a Prompt Payment Initiative Signatory.

Last updated on 30 April 2023