MAG GROUP LIMITED
Company number 04577893 · Monitor this company
Executive summary
MAG Group Limited presents a strong credit profile with net assets of approximately £7.0m, substantial cash reserves, and modest liabilities. Despite a decline in operating profit during 2025, the company remains profitable, cash generative, and well-positioned to service debt. Approval is recommended for standard facilities subject to ongoing monitoring of profitability and group cash flows.
Shareholders' funds
£6,965,310
Balance sheet as at 2025-11-30
What it does
Group activities comprise the sale of construction goods, the manufacture, installation and sale of plaster and Jesmonite mouldings, the supply of bathroom equipment and the sale of construction and safety equipment. ++ The company acts as a group holding company and provides management services to group companies.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2002-10-30
- Employees
- 56 (2025 accounts)
- Registered office
- Mag Group Building, Vulcan Road South, Norwich, Norfolk, United Kingdom, NR6 6AF
- Postcode
- NR6 6AF
- Capital
- 3,000 GBP
- Accounts category
- Group
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2026-09-15
- Next due by
- 2027-09-29
Nature of business (SIC)
- 70100 Activities of head offices
Officers 6 current · 7 resigned
Group structure 4 subsidiaries
From persons-with-significant-control filings on the public register.
Contact details
- Website
- http://www.mag-group.co.uk
Previous company names
| Name | Date changed |
|---|---|
| THE MAG GROUP LIMITED | 2003-02-20 |
| ELVELEX SYSTEMS LIMITED | 2002-11-27 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 84 TEMPLE CHAMBERS, TEMPLE AVENUE, LONDON, EC4Y 0HP | 2002-11-21 |
Among its peers
Top 10%
by shareholders' funds, of 156 similar companies in NR
Among the biggest employers among its local peers (56 staff).
Among the oldest 25% of its local peers, trading since 2002.
No.10 of the largest activities of head offices companies in Norwich →
Competitors Norwich
This company ranks 10 among activities of head offices in Norwich.
The class of 2002
42%
of the 1,398 companies in this sector incorporated in 2002 are still active today; 56% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2022-12-20
- Price paid, where recorded
- £350,000
- Where
- Norfolk (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| NK258548 | Norfolk | Leasehold | 2022-12-20 | £350,000 |
| NK435373 | Norfolk | Leasehold | 2014-02-11 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.