−£131k
1 period on recordActive15977656Private limited companyNewport
MAGNITT VENTURES LTD
Significant control: Bradley Michael Barritt (25–50%), Lorenzo Riccardo Magni (25–50%) and 1 more
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Magnitt Ventures Ltd sell?
Registered activity: Information technology consultancy activities (SIC 62020). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MAGNITT VENTURES LTD is an active private limited company (company number 15977656) incorporated on 25 September 2024, registered in Newport. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 30 September 2025, showing net assets of −£131k and cash of £82k, with 2 employees on average.
Peer position · net assets
By net assets it sits in the bottom quarter of 918 comparable companies in Cardiff (median £3,169, upper quartile £32k).
02
Ownership and control
- Mr Bradley Michael Barritt
- owns 25–50% of shares
- holds 50–75% of voting rights
- can appoint or remove directors
- Mr Lorenzo Riccardo Magni
- owns 25–50% of shares
- Plane Tree Private Equity (Pty) Ltd
- holds 25–50% 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. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 25 September 20242 yrs ago
- Next accounts due
- 30 June 2027in 248 days
- Confirmation statement due
- 9 October 2027in 349 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62020
- Information technology consultancy activities
- SIC 62090
- Other information technology service activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£82k
1 period on recordNot reported
2
1 period on record| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 September 2025 | −£131k | £82k | £3,569 | £505k | — | — | 2 |
Current ratio0.17Current assets ÷ creditors within one year
Cash per employee£41kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-130,726 at 30 September 2025
- Current assets below creditors within one yearCurrent ratio 0.17
- Cash at bank of £50,000 or moreCash £82,324
- Incorporated two to five years agoIncorporated 25 September 2024
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.
07
Timeline
- Confirmation statement duein 349 days
- Next accounts duein 248 days
- Accounts period endNet liabilities £131k · small accounts
- Incorporated
08
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- UZZELL CYFCardiff · inc. Sept 2024
All companies incorporated on 25 September 2024 · in Sept 2024.
09
Reminders for MAGNITT VENTURES LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.