# MAGI FILMS LIMITED (SC241145)

> MAGI FILMS LIMITED is an active private limited company (company number SC241145) incorporated on 16 December 2002, registered in Renfrewshire. Its registered activity is motion picture production activities (SIC 59111). Latest small accounts cover the period ending 31 December 2025, showing net assets of −£102k and cash of £233, with 1 employee on average. Net assets fell 5% on the prior period (−£97k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2002-12-16
- Registered office: Renfrewshire, PA2 9NG
- SIC 59111: Motion picture production activities
- SIC 59112: Video production activities
- SIC 59113: Television programme production activities
- SIC 59120: Motion picture, video and television programme post-production activities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-12-30
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 230 comparable companies in Glasgow (median £100, upper quartile £11k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£102k | £233 | £227 | — | — | — | 1 |
| 2024-12-31 | −£97k | £206 | £227 | — | — | — | 1 |
| 2023-12-31 | −£86k | £584 | £227 | — | — | — | 1 |

net assets trend falling; size band micro.

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

- Net assets below zero: Net assets £-102,266 at 31 December 2025
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 16 December 2002

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

## Persons with significant control

- Mr Colin Edward Cumming — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr Philip Adamson Hannay — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-04-06

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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/SC241145
HTML: https://firmoscan.com/company/SC241145-magi-films-limited