MAGI-CUT SOFTWARE LIMITED

Company number 01698588 · Active

MAGI-CUT SOFTWARE LIMITED is a private limited company registered in BRISTOL, United Kingdom, incorporated on 11 Feb 1983. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 31 Mar 2026 show equity of £5.0m, total assets of £8,474. 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 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Equity (signed log)2.0×≥ 5.52268 · 0.24 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent
Negative equity1.2×0 · 0.14 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Cash ÷ assets0.4×≥ 0.951833 · 0.05 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Days since last period end0.6×< 246 · 0.06 % became insolvent
Late filings0.8×0–1 · 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
01698588 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
11 Feb 1983 (44 years)
Registered address
BS2 0JA BRISTOL
Postcode area
Bristol
Activity
62020 Information technology consultancy activities
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202615 Jun 2026– –£5.0m£8,474 –£4.8m15
31 Mar 202515 Jul 2025– –£4.9m£5.1m £162k£4.8m14
31 Mar 202415 Jul 2024– –£4.7m£5.0m £259k£4.7m11
31 Mar 202315 Jun 2023– –£4.3m£4.5m £197k£4.1m9
31 Mar 202215 Jul 2022– –£3.7m£4.0m £245k£3.7m10
31 Mar 202115 Jun 2021– –£3.0m£3.1m £180k£2.9m11
31 Mar 202015 May 2020– –£2.4m£2.6m £176k£2.3m12

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

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Questions about MAGI-CUT SOFTWARE LIMITED

What is the company number of MAGI-CUT SOFTWARE LIMITED?

MAGI-CUT SOFTWARE LIMITED is registered under company number 01698588 in the official register of United Kingdom. View it at the official register.

Is MAGI-CUT SOFTWARE LIMITED still active?

Yes. MAGI-CUT SOFTWARE LIMITED is registered as active (status: Active).

Has MAGI-CUT SOFTWARE LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGI-CUT SOFTWARE LIMITED in the official data.

How likely is MAGI-CUT SOFTWARE LIMITED to become insolvent?

Our model estimates a 0.00 % probability that MAGI-CUT SOFTWARE LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was MAGI-CUT SOFTWARE LIMITED founded?

MAGI-CUT SOFTWARE LIMITED was incorporated on 11 Feb 1983.

Where is MAGI-CUT SOFTWARE LIMITED registered?

MAGI-CUT SOFTWARE LIMITED's registered address is in BS2 0JA BRISTOL (Bristol), United Kingdom.

What do the latest accounts of MAGI-CUT SOFTWARE LIMITED show?

The latest published accounts (period ending 31 Mar 2026) show equity of £5.0m, total assets of £8,474, 15 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.