# MAG DEVELOPMENTS SW LIMITED (14178628)

> MAG DEVELOPMENTS SW LIMITED is an active private limited company (company number 14178628) incorporated on 17 June 2022, registered in Plymouth. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 30 June 2025, showing net assets of −£365 and cash of £532k, with 3 employees on average. Net assets rose 97% on the prior period (−£14k).

- Status: Active
- Incorporated: 2022-06-17
- Registered office: Plymouth, PL6 5QZ
- SIC 41100: Development of building projects
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-07-01
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 13,669 comparable companies in Other (median £609, upper quartile £72k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | −£365 | £532k | — | — | — | — | 3 |
| 2024-06-30 | −£14k | £52k | — | — | — | — | 0 |

size band micro.

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

- Net assets below zero: Net assets £-365 at 30 June 2025
- Net assets up 10% or more on the prior period: +97.3% vs prior period
- Cash at bank of £50,000 or more: Cash £531,547
- Incorporated two to five years ago: Incorporated 17 June 2022

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

## Persons with significant control

- Mr Mark David Russell — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2022-06-17

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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/14178628
HTML: https://firmoscan.com/company/14178628-mag-developments-sw-limited