Company Overview
Magir Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Wednesday 28 June 1995, so this is a well established company. Magir Limited has been in business for 30 years and 9 months. The accounts status is group and the accounts are next due on Sunday 30 November 2025.
Registered Address

Kpmg, The Soloist Building, 1 Lanyon Place, Belfast, Antrim, BT1 3LP
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Companies House Data
Company NameMAGIR LIMITED
Company NumberNI029700
Registered Office AddressKpmg, The Soloist Building
 1 Lanyon Place
 BT1 3LP
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date28/06/1995
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2025
Accounts Last Made Up Date31/08/2023
Accounts Account CategoryGROUP
Returns Next Due Date26/07/2017
Returns Last Made Up Date28/06/2016
Directors & Members
Show Resigned
Michael Geddis - Director
(British, 61 years old, born September 1965)
Appointed 30 June 2006
 Active
Michael Guerin - Director
(Irish, 63 years old, born June 1963)
Appointed 28 June 1995
 Active
Secretaries
Michael Geddis - Secretary
(British)
Appointed 20 October 2006
 Active
Other Company Directorships
Michael Geddis
CAMPBELLS DISPENSARY LIMITED
CULLINGTREE PHARMACY LIMITED
DECAGON PROPERTIES LIMITED
J. V. PRIMROSE (GREENISLAND) LIMITED
WARNOCK CHEMISTS LIMITED
Michael Guerin
A.& F.A. DUNDEE LIMITED
ASKYOURPHARMACIST LIMITED
CAMPBELLS DISPENSARY LIMITED
CLOVERDALE MERCHANTS LIMITED
CPNI
DECAGON PROPERTIES LIMITED
GRIMLEY & CASSIDY LIMITED
GROSVENOR HEALTH CARE LTD
J. V. PRIMROSE (GREENISLAND) LIMITED
JOHN DUFFY LTD
JOHN MCCONNELL(CRUMLIN) LIMITED
JONES AND NPA LTD.
M.H.MATTHEWS (NORTHCOTT) LIMITED
MCGREAD (PHARMACY) LTD
MEDICARE (NI) LIMITED
MOLINE ENTERPRISES LIMITED
NATIONAL PHARMACEUTICAL ASSOCIATION LIMITED
NORTHERN IRELAND COMMUNITY ADDICTION SERVICE LTD
NPA FINANCE & LEASING LIMITED
NPA HEALTH EDUCATION FOUNDATION
NPA INSURANCE SERVICES LIMITED
NPA SERVICES LIMITED
NPANET LIMITED
OMAPHARM LIMITED
ORIEL ENTERPRISES LIMITED
PRIMROSE CHEMISTS
QUADRAPHARM LIMITED
QUADRASSET LIMITED
SKEGONEILL PHARMACY LIMITED
STRABANE CHEMISTS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Aug-2023 31-Aug-2014 31-Aug-2013
Balance Sheet
Fixed Assets 54,052,869 54,052,869 55,441,118
Current Assets 19,609,868 19,609,868 18,197,689
Creditors Due Within One Year 20,626,866 20,626,866 22,448,166
Working Cap -1,016,998 -1,016,998 -4,250,477
Total Assets Less Current Liabilities 53,035,871 53,035,871 51,190,641
Long-term Liabilities 53,240,412 53,240,412 58,936,286
Net Assets -204,541 -204,541 -7,745,645
Share Capital & Reserves
Share Cap 175,759 175,759 150,058
Profit & Loss Reserves -8,756,870 -8,756,870 -8,808,425
Other Reserves 8,376,570 8,376,570 912,722
Shareholders Funds -204,541 -204,541 -7,745,645
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2023 31-Aug-2014 31-Aug-2013
Tangible Fixed Assets - - -
Fixed Assets 73.4% 73.4% 75.3%
Stocks Inventory 9.7% 9.7% 9.8%
Debtors 7.0% 7.0% 6.9%
Cash Bank In Hand 1.1% 1.1% 1.0%
Current Assets 26.6% 26.6% 24.7%
Creditors Due Within One Year 28.0% 28.0% 30.5%
Net Current Assets Liabilities -1.4% -1.4% -5.8%
Creditors Due After One Year 72.3% 72.3% 80.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -0.3% -0.3% -10.5%
Called Up Share Capital 0.2% 0.2% 0.2%
Share Capital Allotted Called Up Paid 0.2% 0.2% 0.2%
Profit Loss Account Reserve -11.9% -11.9% -12.0%
Shareholder Funds -0.3% -0.3% -10.5%
Capital Employed - - -
Total Assets Less Current Liabilities 72.0% 72.0% 69.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2023 31-Aug-2014 31-Aug-2013
Liquidity Ratio 1.0 1.0 0.8
Solvency Ratio 1.0 1.0 0.9
Reserves to Assets -0.1 -0.1 -0.1
Secured Creditors Unlock full report
Mortgages Charges 32
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 28
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2023 31-Aug-2014 31-Aug-2013
Assets 73,662,737 73,662,737 73,638,807
Debt 73,867,278 73,867,278 81,384,452
Net Assets/Debt -204,541 -204,541 -7,745,645

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.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.

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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.  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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.

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
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C/O Kpmg The Soloist Building, 1 Lanyon Place, Belfast, BT1 3LP
BL CHESSER LIMITED
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BL SIGHTHILL LIMITED
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Document Filings
Registered office address changed from Medicare House 44 Montgomery Road Belfast BT6 9HL to Kpmg, the Soloist Building 1 Lanyon Place Belfast Antrim BT1 3LP on 4 December 2025
Declaration of solvency
Appointment of a liquidator
Resolutions
Confirmation statement made on 28 June 2025 with updates
Previous accounting period extended from 31 August 2024 to 28 February 2025
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so
Notification of Quadrasset Limited as a person with significant control on 31 August 2024
Cessation of Quadrapharm Limited as a person with significant control on 31 August 2024
Statement of capital on 13 September 2024
Statement by Directors
Solvency Statement dated 31/08/24
Resolutions
Statement of capital following an allotment of shares on 31 August 2024
Resolutions
Statement of capital following an allotment of shares on 31 August 2024
Registration of charge NI0297000033, created on 31 August 2024
Purchase of own shares.
Cancellation of shares. Statement of capital on 2 August 2024
Notification of Quadrapharm Limited as a person with significant control on 2 August 2024
Cessation of Michael Francis Guerin as a person with significant control on 2 August 2024
Confirmation statement made on 28 June 2024 with no updates
Confirmation statement made on 28 June 2023 with updates
Statement of capital on 20 June 2023
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