# MAGALLOWAY LIMITED (10162509)

> MAGALLOWAY LIMITED is an active private limited company (company number 10162509) incorporated on 4 May 2016, registered in London. Its registered activity is other business support service activities n.e.c. (SIC 82990). Latest small accounts cover the period ending 31 May 2025, showing net assets of £269k and cash of £441k, with 2 employees on average. Net assets fell 47% on the prior period (£508k).

- Status: Active
- Incorporated: 2016-05-04
- Registered office: London, W1T 3BL
- SIC 82990: Other business support service activities n.e.c.
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-18
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 27,230 comparable companies in London (median £1,197, upper quartile £53k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £269k | £441k | £2,248 | — | — | — | 2 |
| 2024-05-31 | £508k | £269k | £314k | — | — | — | 2 |

size band micro.

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

- Net assets above zero: Net assets £268,849 at 31 May 2025
- Net assets down 25% or more on the prior period: -47.1% vs prior period
- Cash at bank of £50,000 or more: Cash £441,406
- Incorporated five or more years ago: Incorporated 4 May 2016

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

## Persons with significant control

- Mr Benjamin James Power — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-05-04
- Dione Meredith Miller — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-05-04

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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/10162509
HTML: https://firmoscan.com/company/10162509-magalloway-limited
