# MAGS HOUSING LTD (11475926)

> MAGS HOUSING LTD is an active private limited company (company number 11475926) incorporated on 20 July 2018, registered in Ilford. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 July 2025, showing net assets of £131k and cash of £15k, with 1 employee on average. Net assets fell 8% on the prior period (£142k).

- Status: Active
- Incorporated: 2018-07-20
- Registered office: Ilford, IG5 0AE
- SIC 41100: Development of building projects
- SIC 41202: Construction of domestic buildings
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-08-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 8,882 comparable companies in Greater London (median £585, upper quartile £46k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £131k | £15k | — | £3,148 | — | — | 1 |
| 2024-07-31 | £142k | £138k | — | £1,753 | — | — | 1 |

current ratio 4.92; size band micro.

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

- Net assets above zero: Net assets £130,995 at 31 July 2025
- Current assets at least 1.5× creditors within one year: Current ratio 4.92
- Incorporated five or more years ago: Incorporated 20 July 2018

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

## Persons with significant control

- Mr Gurbinder Singh Sandhu — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-07-20
- Mr Menejer Singh Aujla — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-07-20

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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/11475926
HTML: https://firmoscan.com/company/11475926-mags-housing-ltd