MAGI TRANSPORT SERVICES LTD

Company number SC785316 · Active

MAGI TRANSPORT SERVICES LTD is a private limited company registered in MONTROSE, United Kingdom, incorporated on 9 Oct 2023. Its registered activity is taxi operation. Its latest published accounts for the period ending 31 Oct 2025 show equity of −£645, total assets of £288. 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

Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Equity change ÷ assets1.6×< -0.688951 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Current liabilities ÷ assets1.5×≥ 2.20344 · 0.17 % became insolvent

Lowers the risk

Region0.0×DD · 0.00 % became insolvent
Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Total assets (log)0.3×< 2.87772 · 0.03 % became insolvent
Filing delay of last accounts (days)0.5×< 76 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 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
SC785316 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 Oct 2023 (3 years)
Registered address
DD10 9XA MONTROSE
Postcode area
Dundee
Activity
49320 Taxi operation
Industry
Land transport
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Nov 2025– –−£645£288 £933–1
31 Oct 202415 Jun 2025– –£601£785 £184£430

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

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Questions about MAGI TRANSPORT SERVICES LTD

What is the company number of MAGI TRANSPORT SERVICES LTD?

MAGI TRANSPORT SERVICES LTD is registered under company number SC785316 in the official register of United Kingdom. View it at the official register.

Is MAGI TRANSPORT SERVICES LTD still active?

Yes. MAGI TRANSPORT SERVICES LTD is registered as active (status: Active).

Has MAGI TRANSPORT SERVICES LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGI TRANSPORT SERVICES LTD in the official data.

How likely is MAGI TRANSPORT SERVICES LTD to become insolvent?

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

When was MAGI TRANSPORT SERVICES LTD founded?

MAGI TRANSPORT SERVICES LTD was incorporated on 9 Oct 2023.

Where is MAGI TRANSPORT SERVICES LTD registered?

MAGI TRANSPORT SERVICES LTD's registered address is in DD10 9XA MONTROSE (Dundee), United Kingdom.

What do the latest accounts of MAGI TRANSPORT SERVICES LTD show?

The latest published accounts (period ending 31 Oct 2025) show equity of −£645, total assets of £288, 1 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.