MAGNEX EXERCISE TECHNOLOGY LIMITED

Company number 08631657 · Active (Active - Proposal to Strike off)

MAGNEX EXERCISE TECHNOLOGY LIMITED is a private limited company registered in WREXHAM, United Kingdom, incorporated on 31 Jul 2013. Its registered activity is manufacture of other special-purpose machinery n.e.c.. Its latest published accounts for the period ending 31 Jul 2019 show equity of £7,714, total assets of £1,991. It has filed 1 set of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Industry4.0×28 · 0.46 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Filing delay of last accounts (days)1.6×258–260 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Region0.1×LL · 0.02 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % 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
08631657 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
31 Jul 2013 (13 years)
Registered address
LL11 1DY WREXHAM
Postcode area
Llandudno
Activity
28990 Manufacture of other special-purpose machinery n.e.c.
Industry
Manufacture of machinery n.e.c.
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jul 201915 Apr 2020– –£7,714£1,991 £9,705––

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

Similar companies in Llandudno

Questions about MAGNEX EXERCISE TECHNOLOGY LIMITED

What is the company number of MAGNEX EXERCISE TECHNOLOGY LIMITED?

MAGNEX EXERCISE TECHNOLOGY LIMITED is registered under company number 08631657 in the official register of United Kingdom. View it at the official register.

Is MAGNEX EXERCISE TECHNOLOGY LIMITED still active?

Yes. MAGNEX EXERCISE TECHNOLOGY LIMITED is registered as active (status: Active - Proposal to Strike off).

Has MAGNEX EXERCISE TECHNOLOGY LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGNEX EXERCISE TECHNOLOGY LIMITED in the official data.

How likely is MAGNEX EXERCISE TECHNOLOGY LIMITED to become insolvent?

Our model estimates a 0.01 % probability that MAGNEX EXERCISE TECHNOLOGY LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was MAGNEX EXERCISE TECHNOLOGY LIMITED founded?

MAGNEX EXERCISE TECHNOLOGY LIMITED was incorporated on 31 Jul 2013.

Where is MAGNEX EXERCISE TECHNOLOGY LIMITED registered?

MAGNEX EXERCISE TECHNOLOGY LIMITED's registered address is in LL11 1DY WREXHAM (Llandudno), United Kingdom.

What do the latest accounts of MAGNEX EXERCISE TECHNOLOGY LIMITED show?

The latest published accounts (period ending 31 Jul 2019) show equity of £7,714, total assets of £1,991.

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.