# MAGELLAN SYSTEMS LIMITED (02945907)

> MAGELLAN SYSTEMS LIMITED is an active private limited company (company number 02945907) incorporated on 6 July 1994, registered in Honiton. Its registered activity is information technology consultancy activities (SIC 62020). Latest micro accounts cover the period ending 30 September 2025, showing net assets of £5,999, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 126% on the prior period (£2,650).

- Status: Active
- Incorporated: 1994-07-06
- Registered office: Honiton, EX14 1LJ
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-07-20
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 11,548 comparable companies in Other (median £6,624, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £5,999 | — | — | £315 | — | — | 0 |
| 2024-09-30 | £2,650 | — | — | £5,773 | — | — | 0 |

current ratio 19.27; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £5,999 at 30 September 2025
- Net assets up 10% or more on the prior period: +126.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 19.27
- Incorporated five or more years ago: Incorporated 6 July 1994

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Nicholas James Ingham — owns 75–100% of shares, since 2016-06-30

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02945907
HTML: https://firmoscan.com/company/02945907-magellan-systems-limited