Firmoscan
Active15299063Private limited companyPlymouth

MAG DEV LTD

B72/100

Owned by Matthew Alan Grundy (75–100%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

MAG DEV LTD is an active private limited company (company number 15299063) incorporated on 21 November 2023, registered in Plymouth. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 30 November 2025, showing net assets of £49k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 6% on the prior period (£47k).

Peer position · net assets

By net assets it sits in the top quarter of 6,222 comparable companies in Other (median £1,000, upper quartile £28k).

02

Key dates

Incorporated
21 November 20232 yrs ago
Next accounts due
30 August 2027in 312 days
Confirmation statement due
5 December 2026in 44 days

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

03

Activity

SIC 62012
Business and domestic software development
SIC 62020
Information technology consultancy activities
Accounts type
Micro Entity
Size band
MicroCompanies Act thresholds
04

Financials

2 periods on record · latest ending 30 November 2025
Net assets
£49k
+6%vs Nov 2024
Cash at bank
Not reported
Turnover
Not disclosed
Employees
1
No changevs Nov 2024
Net assets
£49k
Average employees
1
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
30 November 2025£49k——£32k——1
30 November 2024£47k——£17k——1
Current ratio2.52Comfortable

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.

05

Firmoscan score

Rules-based · every point shows its evidence
72 / 100 · grade B
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
+10Positive net assetsNet assets £49,365 at 2025-11-30
+8Comfortable liquidityCurrent ratio 2.52
+4Past first filingsIncorporated 2023-11-21
72Score, grade B

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

06

Ownership and control

1 active
  • Mr Matthew Alan Grundy
    Individual · since 21 November 2023
    • owns 75–100% of shares
    • holds 75–100% of voting rights
    • can appoint or remove directors

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

07

Timeline

Newest first
  1. Next accounts duein 312 days
  2. Confirmation statement duein 44 days
  3. Accounts period endNet assets £49k · micro accounts
  4. Accounts period endNet assets £47k · micro accounts
  5. Incorporated
08

Similar companies in the UK

Same activity (business and domestic software development), closest in incorporation date

All companies incorporated on 21 November 2023 · in Nov 2023.

09

Reminders for MAG DEV LTD

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