MAGNA ELECTRICAL CONTRACTORS LTD
ActiveKey figures
Like most small UK companies, MAGNA ELECTRICAL CONTRACTORS LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2024/25Sector comparison
SIC 43210Where the company stands among the 50,368 active companies whose first SIC code is 43210 (Electrical installation).
- SLOUGH ELECTRICITY CONTRACTS LIMITED£85.3m
- EVEXIA LIFECARE AFRICA LIMITED£70.4m
- AXIS CLC SOLUTIONS LIMITED£69.8m
- UK POWER NETWORKS SERVICES (COMMERCIAL) LIMITED£65.5m
- DALKIA GROUP LIMITED£56.7m
- BRITISH GAS NEW HEATING LIMITED£56.6m
- OSPREY CHARGING NETWORK LTD£56.4m
- ALTRAD SERVICES LIMITED£50.9m
- TCLARKE CONTRACTING LIMITED£42.5m
- LARASIAN LIMITED£40.8m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 50,368. The line on each bar marks the median.
Summary: MAGNA ELECTRICAL CONTRACTORS LTD
What kind of company is it?
MAGNA ELECTRICAL CONTRACTORS LTD is a private limited company registered with Companies House under company number 13576599. It was incorporated on 20 Aug 2021. Its status is active. The registered office is in Wantage (OX12). Its nature of business (SIC 2007) is electrical installation (43210).
How is the company doing financially?
The latest accounts in the database are for 2024/25 (period ending 31 Aug 2025); the company files small company accounts (filleted). Net assets were £51,844, down 26.4% on the previous year. Cash at bank and in hand was £40,689. The company had an average of 0 employees. Figures are available for 4 financial years (2021/22–2024/25).
How does it compare with similar companies?
Compared with 50,368 active companies whose first SIC code is 43210: By net assets it ranks higher than 72% of them (median £12,613). By total assets it ranks higher than 60% of them (median £46,323). By cash it ranks higher than 62% of them (median £20,471). By number of employees it ranks lower than 85% of them (median 1). It is younger than 56% of them (median age 6.2 years).
Who runs and controls the company?
The company has 2 current directors. 2 persons with significant control are registered.
When are its next filings due?
The next accounts are due by 31 May 2027. The next confirmation statement is due by 2 Sep 2027.
Filed accounts2021/22–2024/25
| 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|
| Cash at bank and in hand | 75,940 | 98,797 | 79,579 | 40,689 |
| Total assets | 137,495 | 139,912 | 87,801 | 68,422 |
| Total liabilities | 70,101 | 65,075 | 44,523 | — |
| Net assets / total equity | 69,250 | 77,199 | 70,479 | 51,844 |
| Average number of employees | 3 | 3 | 3 | 0 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
History
9 events- Financial year 2024/25 endedAccounts: net assets £51.8k, 0 employees
- Financial year 2023/24 endedAccounts: net assets £70.5k, 3 employees
- Financial year 2022/23 endedAccounts: net assets £77.2k, 3 employees
- Financial year 2021/22 endedAccounts: net assets £69.3k, 3 employees
- Mark Anthony CHARNLEY appointedDirector
- Christopher LOSEBY appointedDirector
- Mr Mark Anthony Charnley registered as a person with significant control
- Mr Christopher Loseby registered as a person with significant control
Earlier events (1)
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.