MAGCO LTD

Company number 16097382 · Active

MAGCO LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 24 Nov 2024. Its registered activity is specialised design activities. Its latest published accounts for the period ending 31 Mar 2026 show equity of £31k, total assets of £90k. It has filed 1 set 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

Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Region1.4×E · 0.16 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Days since last period end0.6×< 246 · 0.06 % 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
16097382 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
24 Nov 2024 (2 years)
Registered address
E1 6PJ LONDON
Postcode area
London East
Activity
74100 specialised design activities
Industry
Other professional, scientific and technical activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202615 Jul 2026– –£31k£90k £59k–0

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

Similar companies in London East

Questions about MAGCO LTD

What is the company number of MAGCO LTD?

MAGCO LTD is registered under company number 16097382 in the official register of United Kingdom. View it at the official register.

Is MAGCO LTD still active?

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

Has MAGCO LTD gone bankrupt or into insolvency?

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

How likely is MAGCO LTD to become insolvent?

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

When was MAGCO LTD founded?

MAGCO LTD was incorporated on 24 Nov 2024.

Where is MAGCO LTD registered?

MAGCO LTD's registered address is in E1 6PJ LONDON (London East), United Kingdom.

What do the latest accounts of MAGCO LTD show?

The latest published accounts (period ending 31 Mar 2026) show equity of £31k, total assets of £90k, 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.