MAGELLAN DRAKE LTD

Company number 14601630 · Active

MAGELLAN DRAKE LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 18 Jan 2023. Its registered activity is management consultancy activities other than financial management. Its latest published accounts for the period ending 31 Mar 2025 show equity of −£47k, total assets of £55k. It has filed 2 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

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Industry0.7×70 · 0.08 % became insolvent
Accounts overdue0.8×0 · 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
14601630 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
18 Jan 2023 (4 years)
Registered address
EC4R 0DR LONDON
Postcode area
London East Central
Activity
70229 Management consultancy activities other than financial management
Industry
Head offices; management consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –−£47k£55k £102k–3
31 Mar 202415 Jan 2025– –−£23k£82k £104k–1

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

Similar companies in London East Central

Questions about MAGELLAN DRAKE LTD

What is the company number of MAGELLAN DRAKE LTD?

MAGELLAN DRAKE LTD is registered under company number 14601630 in the official register of United Kingdom. View it at the official register.

Is MAGELLAN DRAKE LTD still active?

Yes. MAGELLAN DRAKE LTD is registered as active (status: Active).

Has MAGELLAN DRAKE LTD gone bankrupt or into insolvency?

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

How likely is MAGELLAN DRAKE LTD to become insolvent?

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

When was MAGELLAN DRAKE LTD founded?

MAGELLAN DRAKE LTD was incorporated on 18 Jan 2023.

Where is MAGELLAN DRAKE LTD registered?

MAGELLAN DRAKE LTD's registered address is in EC4R 0DR LONDON (London East Central), United Kingdom.

What do the latest accounts of MAGELLAN DRAKE LTD show?

The latest published accounts (period ending 31 Mar 2025) show equity of −£47k, total assets of £55k, 3 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 9 Nov 2026.