MAGELLAN LIFE SCIENCES LIMITED

Company number 11417841 · Active · London EC4N 6AF

D
Firmoscan score 40/100

MAGELLAN LIFE SCIENCES LIMITED is an active private limited company (company number 11417841) incorporated on 15 June 2018, registered in London. Its registered activity is other research and experimental development on natural sciences and engineering (SIC 72190). Latest small accounts cover the period ending 31 December 2025, showing net assets of −£158k and cash of £3,195, with 2 employees on average. Net assets fell 452% on the prior period (−£29k). Across the last 3 periods on record the net-asset trend is falling.

By net assets it sits in the bottom quarter of 654 comparable companies in London (median £101, upper quartile £41k).

Key dates

Incorporated
15 June 2018
Next accounts due
30 September 2027 — in 350 days
Confirmation statement due
29 June 2027 — in 257 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 72190
Other research and experimental development on natural sciences and engineering
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 3 periods on record, latest ending 31 December 2025

Net assets
Net assetsDec 2023: £94k; Dec 2024: −£29k; Dec 2025: −£158k£94k−£29k−£158kDec 2023Dec 2024Dec 2025
Cash at bank
Cash at bankDec 2023: £28k; Dec 2024: £26k; Dec 2025: £3,195£28k£26k£3,195Dec 2023Dec 2024Dec 2025
Average employees
Average employeesDec 2023: 2; Dec 2024: 2; Dec 2025: 2222Dec 2023Dec 2024Dec 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 December 2025−£158k£3,195£49k———2
31 December 2024−£29k£26k£66k£243k——2
31 December 2023£94k£28k£59k£132k——2
Cash per employee
£1,598

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 40/100 (grade D)

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.

Ownership and control

  • Ms Laxmi Shankar Wagle — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 15 June 2018
  • Dr Abhiram Dukkipati — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 15 June 2018

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Similar companies in London

Same activity (other research and experimental development on natural sciences and engineering), closest in incorporation date.

Reminders for MAGELLAN LIFE SCIENCES LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.