# MAG DISTRIBUTION LTD (14976843)

> MAG DISTRIBUTION LTD is an active private limited company (company number 14976843) incorporated on 3 July 2023, registered in Peterborough. Its registered activity is retail sale via mail order houses or via internet (SIC 47910). Latest micro accounts cover the period ending 31 July 2025, showing net assets of −£1,437, 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 fell 143800% on the prior period (£1).

- Status: Active
- Incorporated: 2023-07-03
- Registered office: Peterborough, PE7 8LW
- SIC 47910: Retail sale via mail order houses or via Internet
- SIC 73110: Advertising agencies
- SIC 73120: Media representation services
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-17
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 8,222 comparable companies in Other (median £100, upper quartile £8,045).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | −£1,437 | — | — | £3,001 | — | — | 1 |
| 2024-07-31 | £1 | — | — | £0 | — | — | — |

current ratio 0.22; size band micro.

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

- Net assets below zero: Net assets £-1,437 at 31 July 2025
- Net assets down 25% or more on the prior period: -143800.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.22
- Incorporated two to five years ago: Incorporated 3 July 2023

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

## Persons with significant control

- Mr Michael Anthony Gallagher — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-07-03

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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/14976843
HTML: https://firmoscan.com/company/14976843-mag-distribution-ltd