MAG EQUIPMENT LIMITED
Company number 05844767 · Monitor this company
Executive summary
MAG Equipment Limited presents a mixed risk profile: the company has a solid 19-year trading history and positive net assets of £621k, but 2025 reveals concerning deterioration in both cash (£403k decline) and net assets (£111k decline), suggesting a trading loss that reverses prior growth momentum. The group structure under Mag Group Holdings Limited introduces intercompany dependency risk, and the significant inventory build-up requires validation. Overall, the company remains solvent and compliant, but the direction of travel in 2025 warrants close monitoring and further investigation before committing institutional capital.
Shareholders' funds
£621,044
Balance sheet as at 2025-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-06-13
- Employees
- 32 (2025 accounts · was 30 in 2024)
- Registered office
- Barnard Buildings, Rutland Street, Bradford, West Yorkshire, England, BD4 7EA
- Postcode
- BD4 7EA
- Capital
- 21 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-07-31
- Next due by
- 2027-08-14
Nature of business (SIC)
- 47540 Retail sale of electrical household appliances in specialised stores
Officers 1 current · 6 resigned
Group structure
Controlled by MAG GROUP HOLDINGS LIMITED — since 2019-11-22
From persons-with-significant-control filings on the public register.
Previous registered addresses 8
| Address | Changed on |
|---|---|
| 2.5 HOLMFIELD MILLS, HOLDSWORTH ROAD, HALIFAX, WEST YORKSHIRE, HX3 6SN | 2015-02-14 |
| 2.5 HOLMFILED MILLS, HOLDSWORTH ROAD, HALIFAX, WEST YORKSHIRE, HX3 6SN, ENGLAND | 2013-06-03 |
| THE STUDIO, RIVERSIDE MILLS SADDLEWORTH ROAD, ELLAND, WEST YORKSHIRE, HX5 0RY, UNITED KINGDOM | 2013-05-20 |
| EXPECT/ PALLETLINE/ MAG UK LISTERS ROAD, HALIFAX, WEST YORKSHIRE, HX3 7XA | 2010-07-28 |
| UNIT HM 21 & 22, HOLMFIELD MILLS, HOLDSWORTH ROAD, HALIFAX, WEST YORKSHIRE, HX3 6SN | 2009-08-24 |
| GISTERED OFFICE CHANGED ON 24/08/2009 FROM, UNIT HM 21 & 22, HOLMFIELD MILLS, HOLDSWORTH ROAD, HALIFAX, WEST YORKSHIRE, HX3 6SN | 2009-08-24 |
| UNIT HM2Q22, HOLMFIELD MILLS HOLDSWORTH ROAD, HALIFAX, WEST YORKSHIRE HX3 6SN | 2007-11-13 |
| HEATHWOOD HOUSE, SHELF, HALIFAX, WEST YORKSHIRE, HX3 7TX | 2007-02-15 |
Among its peers
Top 25%
by shareholders' funds, of 32 similar companies in BD
3rd largest employer among its local peers (32 staff).
Among the oldest 25% of its local peers, trading since 2006.
Competitors Bradford
-
6. GILL HK LTD
This company ranks 4 among retail sale of electrical household appliances in specialised stores in Bradford.
The class of 2006
33%
of the 182,202 companies incorporated in 2006 are still active today; 65% have since been dissolved.
A fact about the year, not a forecast for this company.