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Other professional, scientific and technical activities n.e.c. · Chigwell, Essex
Mag Innovations
Mag Innovations Ltd
Private limited company registered in Chigwell, classed under “Other professional, scientific and technical activities n.e.c.”.
Headline figures
FY to Dec 2024 · Company only
Turnover
For subscribers
Profit after tax
£7.61k
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
Retained reserves
For subscribers
What the numbers say
4 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Profit after tax | £7.61k | ||||
| Turnover | |||||
| Net assets | |||||
| Cash | |||||
| Employees | |||||
| Retained reserves |
Every figure for all 5 years
“—” means we did not find the figure in a source; it is never filled with an estimate.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Current assets | ||||
| of which debtors | ||||
| of which cash | ||||
| Creditors due within a year | ||||
| Net current assets | ||||
| Net assets | ||||
| Ratios | ||||
| Return on equityProfit after tax as a share of net assets | ||||
| Current ratioCurrent assets for every £1 owed within a year | ||||
| Cash ratioCash for every £1 owed within a year | ||||
| Creditors to assetsEverything owed to creditors as a share of fixed plus current assets | ||||
6 balance-sheet lines and 4 ratios, every year
A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.
Questions people ask
›What does Mag Innovations do?
Private limited company registered in Chigwell, classed under “Other professional, scientific and technical activities n.e.c.”.
›How much turnover does Mag Innovations make?
Answered in the full report
›Is Mag Innovations profitable?
Yes: it made a profit after tax of £7.61k in the year to 31 December 2024, its latest filed accounts.
›How many people work at Mag Innovations?
Answered in the full report
›Where is Mag Innovations based?
Its registered office is Unit 7, Gravel Lane, Chigwell, Essex, IG7 6DQ, in Chigwell, Essex.
›When was Mag Innovations founded?
Mag Innovations Ltd was incorporated on 29 September 2015.
›Is Mag Innovations still trading?
The register lists Mag Innovations Ltd as active.