# MAGELLAN PROPERTIES LIMITED (12330814)

> MAGELLAN PROPERTIES LIMITED is an active private limited company (company number 12330814) incorporated on 25 November 2019, registered in London. Its registered activity is activities of investment trusts (SIC 64301). Latest small accounts cover the period ending 30 November 2024, showing net assets of £132k and cash of £3,320, with 1 employee on average. Net assets rose 2089% on the prior period (£6,009).

- Status: Active
- Incorporated: 2019-11-25
- Registered office: London, SW13 0EG
- SIC 64301: Activities of investment trusts
- Next accounts due: 2026-08-30
- Confirmation statement due: 2026-12-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 358 comparable companies in London (median £100, upper quartile £52k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-11-30 | £132k | £3,320 | — | £10k | — | — | 1 |
| 2023-11-30 | £6,009 | £138k | — | £12k | — | — | 1 |

current ratio 152.56; size band micro.

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

- Net assets above zero: Net assets £131,526 at 30 November 2024
- Net assets up 10% or more on the prior period: +2088.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 152.56
- Incorporated five or more years ago: Incorporated 25 November 2019
- Accounts past their due date: Due 30 August 2026

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

## Persons with significant control

- Mr Damayanth Sunimal Goonetillake — owns 50–75% of shares; holds 50–75% of voting rights, since 2019-11-25

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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/12330814
HTML: https://firmoscan.com/company/12330814-magellan-properties-limited