MAGMA AUDIT LLP

Company number OC370086 · Active

MAGMA AUDIT LLP is a limited liability partnership registered in BIRMINGHAM, United Kingdom, incorporated on 23 Nov 2011. Its registered activity is none supplied. Its latest published accounts for the period ending 18 Dec 2023 show equity of £95, total assets of £1.4m. It has filed 4 sets of accounts, 1 of them after the deadline. Our model estimates a 0.07 % probability that it becomes insolvent within 12 months, 0.6 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.07 %
Low risk
Lowest riskHighest risk

Higher than 91 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets4.9×< 0.00304687 · 0.57 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent

Lowers the risk

Legal form0.0×Limited Liability Partnership · 0.00 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % 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
OC370086 · official register
Status
Active
Legal form
Limited Liability Partnership
Incorporated
23 Nov 2011 (15 years)
Registered address
B3 3AX BIRMINGHAM
Postcode area
Birmingham
Activity
None Supplied
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
18 Dec 202315 Sep 2024– –£95£1.4m –£1380
31 Mar 202215 Dec 2022– ––£1.0m £1.0m£1500
31 Mar 202115 Dec 2021– ––£1.0m £1.0m£1000
31 Mar 202015 Feb 2021– ––£913k £913k£370

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

Questions about MAGMA AUDIT LLP

What is the company number of MAGMA AUDIT LLP?

MAGMA AUDIT LLP is registered under company number OC370086 in the official register of United Kingdom. View it at the official register.

Is MAGMA AUDIT LLP still active?

Yes. MAGMA AUDIT LLP is registered as active (status: Active).

Has MAGMA AUDIT LLP gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGMA AUDIT LLP in the official data.

How likely is MAGMA AUDIT LLP to become insolvent?

Our model estimates a 0.07 % probability that MAGMA AUDIT LLP becomes insolvent within the next 12 months (low risk). That is higher than 91 % of active companies in the United Kingdom.

When was MAGMA AUDIT LLP founded?

MAGMA AUDIT LLP was incorporated on 23 Nov 2011.

Where is MAGMA AUDIT LLP registered?

MAGMA AUDIT LLP's registered address is in B3 3AX BIRMINGHAM (Birmingham), United Kingdom.

What do the latest accounts of MAGMA AUDIT LLP show?

The latest published accounts (period ending 18 Dec 2023) show equity of £95, total assets of £1.4m, 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 9 Nov 2026.