{"name":"MAG EQUIPMENT LIMITED","company_number":"05844767","status":"Active","type":"Private Limited Company","incorporated":"2006-06-13","dissolved":null,"registered_office":"Barnard Buildings, Rutland Street, Bradford, West Yorkshire, England, BD4 7EA","postcode":"BD4 7EA","sic_codes":[{"code":47540,"description":"Retail sale of electrical household appliances in specialised stores"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":32,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":621044,"cash":369824,"average_employees":32},{"financial_date":"2024-12-31","net_assets":732242,"cash":773106,"average_employees":30},{"financial_date":"2023-12-31","net_assets":575109,"cash":381352},{"financial_date":"2022-12-31","net_assets":503828,"cash":443574},{"financial_date":"2021-12-31","net_assets":291911,"cash":127978}],"officers":{"current":1,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/mag-equipment","people":"https://www.companiesintheuk.co.uk/company/mag-equipment/people","filing_history":"https://www.companiesintheuk.co.uk/company/mag-equipment/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05844767","financials":"https://www.companiesintheuk.co.uk/company/mag-equipment/financial","control":"https://www.companiesintheuk.co.uk/company/mag-equipment/control","charges":"https://www.companiesintheuk.co.uk/company/mag-equipment/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/mag-equipment/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/mag-equipment"}