MAG BUILDING LTD

Company number 15174690 · Active

MAG BUILDING LTD is a private limited company registered in CHIGWELL, United Kingdom, incorporated on 29 Sep 2023. Its registered activity is other specialised construction activities n.e.c.. Its latest published accounts for the period ending 30 Sep 2025 show equity of £14k, total assets of £22k. It has filed 2 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 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Industry2.0×43 · 0.23 % 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
Current liabilities ÷ assets1.5×0.186967–0.523499 · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent
Equity ratio1.3×0.289275–0.742974 · 0.15 % 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
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Cash ÷ assets0.9×0.578498–0.951833 · 0.10 % 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
15174690 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
29 Sep 2023 (3 years)
Registered address
IG7 4HB CHIGWELL
Postcode area
Ilford
Activity
43999 Other specialised construction activities n.e.c.
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Sep 202515 Jun 2026– –£14k£22k £8,127£19k2
30 Sep 202415 Jun 2025– –£3,639£7,642 £4,003£3,6462

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

Similar companies in Ilford

Questions about MAG BUILDING LTD

What is the company number of MAG BUILDING LTD?

MAG BUILDING LTD is registered under company number 15174690 in the official register of United Kingdom. View it at the official register.

Is MAG BUILDING LTD still active?

Yes. MAG BUILDING LTD is registered as active (status: Active).

Has MAG BUILDING LTD gone bankrupt or into insolvency?

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

How likely is MAG BUILDING LTD to become insolvent?

Our model estimates a 0.00 % probability that MAG BUILDING 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 BUILDING LTD founded?

MAG BUILDING LTD was incorporated on 29 Sep 2023.

Where is MAG BUILDING LTD registered?

MAG BUILDING LTD's registered address is in IG7 4HB CHIGWELL (Ilford), United Kingdom.

What do the latest accounts of MAG BUILDING LTD show?

The latest published accounts (period ending 30 Sep 2025) show equity of £14k, total assets of £22k, 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.