# MAGS AIR LTD (10265139)

> MAGS AIR LTD is an active private limited company (company number 10265139) incorporated on 6 July 2016, registered in Newport. Its registered activity is repair and maintenance of aircraft and spacecraft (SIC 33160). Latest micro accounts cover the period ending 31 July 2025, showing net assets of £166, 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 64% on the prior period (£101).

- Status: Active
- Incorporated: 2016-07-06
- Registered office: Newport, NP20 2SL
- SIC 33160: Repair and maintenance of aircraft and spacecraft
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-20
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 99 comparable companies in Cardiff (median −£2,342, upper quartile £4,124).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £166 | — | — | — | — | — | 1 |
| 2024-07-31 | £101 | — | — | — | — | — | 1 |

size band micro.

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

- Net assets above zero: Net assets £166 at 31 July 2025
- Net assets up 10% or more on the prior period: +64.4% vs prior period
- Incorporated five or more years ago: Incorporated 6 July 2016

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

## Persons with significant control

- Mr David Johnston — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-07-06

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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/10265139
HTML: https://firmoscan.com/company/10265139-mags-air-ltd