DRAIN MAGIC LTD

Company number 15370173 · Active

DRAIN MAGIC LTD is a private limited company registered in MAGHULL, United Kingdom, incorporated on 26 Dec 2023. Its registered activity is specialised cleaning services. Its latest published accounts for the period ending 31 Dec 2025 show equity of −£36k, total assets of £38k. 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

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Current liabilities ÷ assets2.2×0.961567–2.20344 · 0.26 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % 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
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Industry0.8×81 · 0.09 % became insolvent
Late filings0.8×0–1 · 0.09 % 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
15370173 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
26 Dec 2023 (3 years)
Registered address
L31 2HB MAGHULL
Postcode area
Liverpool
Activity
81222 Specialised cleaning services
Industry
Services to buildings and landscape
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202512 Sep 2026– –−£36k£38k £65k–2
31 Dec 202415 Aug 2025– –−£21k£37k £58k–2

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

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Questions about DRAIN MAGIC LTD

What is the company number of DRAIN MAGIC LTD?

DRAIN MAGIC LTD is registered under company number 15370173 in the official register of United Kingdom. View it at the official register.

Is DRAIN MAGIC LTD still active?

Yes. DRAIN MAGIC LTD is registered as active (status: Active).

Has DRAIN MAGIC LTD gone bankrupt or into insolvency?

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

How likely is DRAIN MAGIC LTD to become insolvent?

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

When was DRAIN MAGIC LTD founded?

DRAIN MAGIC LTD was incorporated on 26 Dec 2023.

Where is DRAIN MAGIC LTD registered?

DRAIN MAGIC LTD's registered address is in L31 2HB MAGHULL (Liverpool), United Kingdom.

What do the latest accounts of DRAIN MAGIC LTD show?

The latest published accounts (period ending 31 Dec 2025) show equity of −£36k, total assets of £38k, 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.