Company Overview
Mags Creative Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 13 May 2015, so this is a well established company. Mags Creative Limited has been in business for 10 years and 10 months. The accounts status is total exemption full and the accounts are next due on Saturday 28 February 2026.
Registered Address

7 Bell Yard, London, WC2A 2JR
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameMAGS CREATIVE LIMITED
Company Number09589756
Registered Office Address7 Bell Yard
 WC2A 2JR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/05/2015
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2026
Accounts Last Made Up Date31/05/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date10/06/2017
Returns Last Made Up Date13/05/2016
Previous Company NameChanged Date
LAYER HOME LIMITED08 Mar 2018
Directors & Members
Show Resigned
Hannah Russell - Director
(British, 37 years old, born March 1989)
Appointed 13 May 2015
 Active
Faith Russell - Director
(British, 34 years old, born January 1992)
Appointed 18 May 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Hannah Russell
No companies found
Faith Russell
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 5,900 5,900 3,779
Current Assets 357,614 357,614 186,832
Creditors Due Within One Year 290,830 290,830 165,413
Working Cap 66,784 66,784 21,419
Total Assets Less Current Liabilities 72,684 72,684 25,198
Long-term Liabilities 11,184 11,184 11,184
Net Assets 61,500 61,500 14,014
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 61,500 61,500 14,014
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 1.6% 1.6% 2.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 98.4% 98.4% 98.0%
Creditors Due Within One Year 80.0% 80.0% 86.8%
Net Current Assets Liabilities 18.4% 18.4% 11.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 16.9% 16.9% 7.4%
Capital Employed - - -
Total Assets Less Current Liabilities 20.0% 20.0% 13.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Liquidity Ratio 1.2 1.2 1.1
Solvency Ratio 1.2 1.2 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Assets 363,514 363,514 190,611
Debt 302,014 302,014 176,597
Net Assets/Debt 61,500 61,500 14,014

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around WC2A 2JR
BOOK TOKENS LIMITED
6 BELL YARD, LONDON, WC2A 2JR
WESTMINCO LIMITED
13-19 Derby Road, Nottingham, WC2A 2JR
AARAMIS BUSINESS SOLUTIONS LTD
200 PETTS WOOD ROAD PETTS WOOD ROAD, PETTS WOOD, ORPINGTON, WC2A 2JR
PARK PLACE ADVISORY LIMITED
1 Bell Yard, London, WC2A 2JR
INNSWORTH ADVISORS LIMITED
1 CHANCERY LANE, LONDON, WC2A 2JR
THE ORMISTON TRUST
Suite 1 Windmill Oast, Benenden Road, Rolvenden, Cranbrook, Kent, WC2A 2JR
BATCH LIMITED
6 BELL YARD, LONDON, WC2A 2JR
MP-C ADVISORY LIMITED
Suite 2 2nd Floor, Phonenix House, 32 West Street, Brighton, WC2A 2JR
ANTIQUARIAN BOOKSELLERS ASSOCIATION (INTERNATIONAL)
First Floor, 21 John Street, London, WC2A 2JR
WORLD BOOK DAY LIMITED
6 BELL YARD, LONDON, WC2A 2JR
Document Filings
Confirmation statement made on 13 May 2025 with no updates
Confirmation statement made on 13 May 2024 with no updates
Registered office address changed from 2B Crofton Road London SE5 8NB United Kingdom to 7 Bell Yard London WC2A 2JR on 27 September 2023
Resolutions
Confirmation statement made on 13 May 2023 with no updates
Change of details for Hannah Russell as a person with significant control on 5 September 2022
Confirmation statement made on
Resolutions
Statement of capital following an allotment of shares on 14 December 2021
Sub-division of shares on 2 November 2021
Resolutions
Resolutions
Confirmation statement made on 13 May 2021 with no updates
Confirmation statement made on 13 May 2020 with no updates
Confirmation statement made on 13 May 2019 with updates
Confirmation statement made on 13 May 2018 with updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free