MAGNACOOL LTD

Company number 12062768 · Active (Active - Proposal to Strike off)

MAGNACOOL LTD is a private limited company registered in BARNSLEY, United Kingdom, incorporated on 21 Jun 2019. Its registered activity is dormant company. Its latest published accounts for the period ending 31 Dec 2024 show equity of −£5,871, total assets of £1,359. It has filed 6 sets of accounts, 1 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

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % 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
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
12062768 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
21 Jun 2019 (7 years)
Registered address
S70 2BB BARNSLEY
Postcode area
Sheffield
Activity
Dormant Company
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202415 Sep 2025– –−£5,871£1,359 £7,230£3542
31 Dec 202315 Sep 2024– –−£24k£4,062 £28k£4200
31 Dec 202215 Jul 2023– –£132£34k £34k£4,8350
31 Dec 202115 Aug 2022– –£242£32k £32k£1930
31 Dec 202015 Dec 2021– –£6,210£88k £81k£26k0
31 Dec 201915 May 2020– –£100– –––

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

Questions about MAGNACOOL LTD

What is the company number of MAGNACOOL LTD?

MAGNACOOL LTD is registered under company number 12062768 in the official register of United Kingdom. View it at the official register.

Is MAGNACOOL LTD still active?

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

Has MAGNACOOL LTD gone bankrupt or into insolvency?

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

How likely is MAGNACOOL LTD to become insolvent?

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

When was MAGNACOOL LTD founded?

MAGNACOOL LTD was incorporated on 21 Jun 2019.

Where is MAGNACOOL LTD registered?

MAGNACOOL LTD's registered address is in S70 2BB BARNSLEY (Sheffield), United Kingdom.

What do the latest accounts of MAGNACOOL LTD show?

The latest published accounts (period ending 31 Dec 2024) show equity of −£5,871, total assets of £1,359, 2 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.