# MAG IT SOLUTIONS LIMITED (06012441)

> MAG IT SOLUTIONS LIMITED is an active private limited company (company number 06012441) incorporated on 28 November 2006, registered in Basingstoke. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 30 November 2024, showing net assets of −£10k and cash of £52, with 1 employee on average. Net assets fell 13% on the prior period (−£9,012).

- Status: Active
- Incorporated: 2006-11-28
- Registered office: Basingstoke, RG22 4PB
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2026-08-30
- Confirmation statement due: 2026-12-12
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 3,641 comparable companies in Reading (median £11k, upper quartile £60k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-11-30 | −£10k | £52 | £9,066 | £19k | — | — | 1 |
| 2023-11-30 | −£9,012 | £136 | £11k | £21k | — | — | 1 |

current ratio 0.47; size band micro.

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

- Net assets below zero: Net assets £-10,165 at 30 November 2024
- Current assets below creditors within one year: Current ratio 0.47
- Incorporated five or more years ago: Incorporated 28 November 2006
- Accounts past their due date: Due 30 August 2026

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

## Persons with significant control

- Mr Randhir Sidhu — owns 75–100% of shares, since 2016-04-06

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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/06012441
HTML: https://firmoscan.com/company/06012441-mag-it-solutions-limited