# MAGELL LIMITED (NI033711)

> MAGELL LIMITED is an active private limited company (company number NI033711) incorporated on 26 February 1998, registered in Co.Antrim. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 31 March 2025, showing net assets of £36.73m and cash of £14.30m, with 3 employees on average. Net assets rose 15% on the prior period (£32.05m).

- Status: Active
- Incorporated: 1998-02-26
- Registered office: Co.Antrim, BT42 3DW
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-12
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 2,774 comparable companies in Belfast (median £10, upper quartile £46k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £36.73m | £14.30m | — | £324k | — | — | 3 |
| 2024-03-31 | £32.05m | £734k | — | £258k | — | — | 3 |

current ratio 121.53; size band micro.

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

- Net assets above zero: Net assets £36,733,402 at 31 March 2025
- Net assets up 10% or more on the prior period: +14.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 121.53
- Cash at bank of £50,000 or more: Cash £14,298,694
- Incorporated five or more years ago: Incorporated 26 February 1998

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

## Persons with significant control

- Mr Robert John Walker — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Oxley Square Holdings Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2018-06-28

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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/NI033711
HTML: https://firmoscan.com/company/NI033711-magell-limited