MAGINESS PROPERTY DEVELOPMENT LIMITED

Company number SC654531 · Active (Active - Proposal to Strike off)

MAGINESS PROPERTY DEVELOPMENT LIMITED is a private limited company registered in GLASGOW, United Kingdom, incorporated on 13 Feb 2020. Its registered activity is other building completion and finishing. Its latest published accounts for the period ending 27 Feb 2025 show equity of £30k, total assets of £44k. It has filed 5 sets of accounts, 2 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

Employees3.1×3–8 · 0.36 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Industry2.0×43 · 0.23 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % 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
SC654531 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
13 Feb 2020 (7 years)
Registered address
G5 0PD GLASGOW
Postcode area
Glasgow
Activity
43390 Other building completion and finishing
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
27 Feb 202515 Nov 2025– –£30k£44k £9,763–4
27 Feb 202415 Jan 2025– –£25k£34k £4,480–4
27 Feb 202315 Feb 2024– –£2,374£24k £2,884–4
28 Feb 202215 Aug 2022– –£100£100 £0–4
28 Feb 202115 Nov 2021– –£100£100 £0–4

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

Similar companies in Glasgow

Questions about MAGINESS PROPERTY DEVELOPMENT LIMITED

What is the company number of MAGINESS PROPERTY DEVELOPMENT LIMITED?

MAGINESS PROPERTY DEVELOPMENT LIMITED is registered under company number SC654531 in the official register of United Kingdom. View it at the official register.

Is MAGINESS PROPERTY DEVELOPMENT LIMITED still active?

Yes. MAGINESS PROPERTY DEVELOPMENT LIMITED is registered as active (status: Active - Proposal to Strike off).

Has MAGINESS PROPERTY DEVELOPMENT LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGINESS PROPERTY DEVELOPMENT LIMITED in the official data.

How likely is MAGINESS PROPERTY DEVELOPMENT LIMITED to become insolvent?

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

When was MAGINESS PROPERTY DEVELOPMENT LIMITED founded?

MAGINESS PROPERTY DEVELOPMENT LIMITED was incorporated on 13 Feb 2020.

Where is MAGINESS PROPERTY DEVELOPMENT LIMITED registered?

MAGINESS PROPERTY DEVELOPMENT LIMITED's registered address is in G5 0PD GLASGOW (Glasgow), United Kingdom.

What do the latest accounts of MAGINESS PROPERTY DEVELOPMENT LIMITED show?

The latest published accounts (period ending 27 Feb 2025) show equity of £30k, total assets of £44k, 4 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.