MAG LOGISTICS LTD

Company number 12012762 · Active (Active - Proposal to Strike off)

MAG LOGISTICS LTD is a private limited company registered in ILFORD, United Kingdom, incorporated on 22 May 2019. Its registered activity is freight transport by road. Its latest published accounts for the period ending 31 May 2023 show equity of −£2,622, total assets of £13k. It has filed 4 sets of accounts, 2 of them after the deadline. 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

Cash ÷ assets4.9×< 0.00304687 · 0.57 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent

Lowers the risk

Employees0.4×0–1 · 0.05 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 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
12012762 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
22 May 2019 (7 years)
Registered address
IG2 7JD ILFORD
Postcode area
Ilford
Activity
49410 Freight transport by road
Industry
Land transport
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202315 Feb 2024– –−£2,622£13k £3,678−£4,0010
31 May 202215 Feb 2023– –−£2,622£13k £3,678−£4,0010
31 May 202115 Mar 2022– –£3,302£24k £4,079£1,3790
31 May 202015 Mar 2021– –£2,089£5,826 £3,737£2,8240

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

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Questions about MAG LOGISTICS LTD

What is the company number of MAG LOGISTICS LTD?

MAG LOGISTICS LTD is registered under company number 12012762 in the official register of United Kingdom. View it at the official register.

Is MAG LOGISTICS LTD still active?

Yes. MAG LOGISTICS LTD is registered as active (status: Active - Proposal to Strike off).

Has MAG LOGISTICS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAG LOGISTICS LTD in the official data.

How likely is MAG LOGISTICS LTD to become insolvent?

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

When was MAG LOGISTICS LTD founded?

MAG LOGISTICS LTD was incorporated on 22 May 2019.

Where is MAG LOGISTICS LTD registered?

MAG LOGISTICS LTD's registered address is in IG2 7JD ILFORD (Ilford), United Kingdom.

What do the latest accounts of MAG LOGISTICS LTD show?

The latest published accounts (period ending 31 May 2023) show equity of −£2,622, total assets of £13k, 0 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.