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Private limited company registered in Newport, classed under “Repair and maintenance of aircraft and spacecraft”.
Headline figures
FY to Jul 2025 · Company only
Turnover
For subscribers
Profit after tax
—
Not filed: small-company exemption
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
What the numbers say
2 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2021* | 2022* | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Profit after tax | — | ||||
| Turnover | |||||
| Net assets | |||||
| Cash | |||||
| Employees |
Every figure for all 5 years
“—” means we did not find the figure in a source; it is never filled with an estimate. * Restated: the next year's accounts printed different figures for this year, and those later figures are shown.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed assets | ||||
| Current assets | ||||
| Creditors due within a year | ||||
| Net current assets | ||||
| Creditors due after a year | ||||
| Net assets | ||||
| Ratios | ||||
| Current ratioCurrent assets 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 2 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.
Timeline
Checked 2026-10-24
- AccountsMicro company accounts made up to 31 July 2025
- AddressRegistered office address changed from 20-22 Wenlock Road London N1 7GU England to 38 Cape Yelcho Road Newport NP20 2SL on 24 July 2025
- AccountsMicro company accounts made up to 31 July 2024
- AccountsMicro company accounts made up to 31 July 2023
- AccountsMicro company accounts made up to 31 July 2022
- AccountsMicro company accounts made up to 31 July 2021
- AccountsMicro company accounts made up to 31 July 2020
- AccountsMicro company accounts made up to 31 July 2019
- AddressRegistered office address changed from 20-22 Wedlock Road Loncon N1 7GU England to 20-22 Wenlock Road London N1 7GU on 11 December 2019
- AddressRegistered office address changed from 20-22 Wenlock Road London N1 7GU England to 20-22 Wedlock Road Loncon N1 7GU on 11 December 2019
- AddressRegistered office address changed from 20-22 as Block Road London N1 7GU England to 20-22 Wenlock Road London N1 7GU on 11 December 2019
- OwnershipChange of details for Mr David Johnston as a person with significant control on 10 December 2019
10 earlier
- DirectorsDirector's details changed for Mr David Johnston on 10 December 2019
- AddressRegistered office address changed from 203 High Street Eastleigh SO50 5LX England to 20-22 as Block Road London N1 7GU on 10 December 2019
- NoticeCompulsory strike-off action has been discontinued
- NoticeFirst Gazette notice for compulsory strike-off
- AddressRegistered office address changed from 40D Suite 3 Longford Road Cannock WS11 0DF England to 203 High Street Eastleigh SO50 5LX on 3 July 2019
- AddressRegistered office address changed from 203 High Street Eastleigh SO50 5LX England to 40D Suite 3 Longford Road Cannock WS11 0DF on 5 March 2019
- AddressRegistered office address changed from Stirling House Denny End Road Waterbeach Cambridge Cambridgeshire CB25 9PB England to 203 High Street Eastleigh SO50 5LX on 4 February 2019
- AccountsMicro company accounts made up to 31 July 2018
- AccountsMicro company accounts made up to 31 July 2017
- IncorporationIncorporation
- Directors
From the Companies House filing history. Routine confirmation statements are left out, and a run of the same filing is shown once.
Questions people ask
›What does Mags Air do?
Private limited company registered in Newport, classed under “Repair and maintenance of aircraft and spacecraft”.
›How much turnover does Mags Air make?
Answered in the full report
›Is Mags Air profitable?
Mags Air's profit isn't public: small companies may file without a profit and loss account.
›How many people work at Mags Air?
Answered in the full report
›Who runs and owns Mags Air?
Its directors are David Johnston. Its owners are shown to subscribers.
›Where is Mags Air based?
Its registered office is 38 Cape Yelcho Road, Newport, NP20 2SL, in Newport.
›When was Mags Air founded?
Mags Air Ltd was incorporated on 6 July 2016.
›Is Mags Air still trading?
The register lists Mags Air Ltd as active.