£4.40m
vs Jul 2024Active12206174Private limited companyHarwell Oxford
MAGDRIVE LTD
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
MAGDRIVE LTD is an active private limited company (company number 12206174) incorporated on 13 September 2019, registered in Harwell Oxford. Its registered activity is space transport (SIC 51220). Latest small accounts cover the period ending 31 December 2025, showing net assets of £4.40m and cash of £2.30m, with 30 employees on average. Net assets rose 3544% on the prior period (−£128k).
Peer position · net assets
By net assets it sits in the top quarter of 46 comparable companies in the UK (median £68, upper quartile £1,359).
02
Key dates
- Incorporated
- 13 September 20197 yrs ago
- Next accounts due
- 30 September 2027in 343 days
- Confirmation statement due
- 27 September 2027in 340 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 51220
- Space transport
- Accounts type
- Total Exemption Full
- Size band
- SmallCompanies Act thresholds
04
Financials
£2.30m
+874%vs Jul 2024Not reported
30
+100%vs Jul 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £4.40m | £2.30m | £632k | £1,970 | — | — | 30 |
| 31 July 2024 | −£128k | £236k | £245k | £1.04m | — | — | 15 |
Current ratio1504.78Current assets ÷ creditors within one year
Cash per employee£77kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Filing and accounts signals
- Net assets above zeroNet assets £4,398,817 at 31 December 2025
- Net assets up 10% or more on the prior period+3543.6% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 1504.78
- Cash at bank of £50,000 or moreCash £2,303,935
- Incorporated five or more years agoIncorporated 13 September 2019
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
06
Ownership and control
- Dr. Thomas Albert Clayson
- has significant influence or control
- Mr Mark Yasu Stokes
- owns 25–50% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 343 days
- Confirmation statement duein 340 days
- Accounts period endNet assets £4.40m · small accounts
- Accounts period endNet liabilities £128k · small accounts
- Incorporated
08
Similar companies in Oxford
All companies incorporated on 13 September 2019 · in Sept 2019.
09
Reminders for MAGDRIVE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.