MAGWAY LIMITED

Active Manchester

Manufacture of other transport equipment n.e.c.

18 employees website.com
Supply chain, manufacturing and commerce models Logistics & distribution Manufacture of other transport equipment n.e.c.
M

MAGWAY LIMITED

Manufacture of other transport equipment n.e.c.

Founded 13 Oct 2017 Active Manchester, England 18 employees website.com
Supply chain, manufacturing and commerce models Logistics & distribution Manufacture of other transport equipment n.e.c.
Accounts Submitted 18 Apr 2024 Next due 30 Sept 2025 9 months overdue
Confirmation
Net assets £639K £1M 2023 year on year
Total assets £1M £1M 2023 year on year
Total Liabilities £366K £8K 2023 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

C/O Gateley Legal Ship Canal House 98 King Street Manchester M2 4WU England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for MAGWAY LIMITED (11011754), an active supply chain, manufacturing and commerce models company based in Manchester, England. Incorporated 13 Oct 2017. Manufacture of other transport equipment n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type total-exemption-full
Next accounts 31 Dec 2024
Due by 30 Sept 2025 9 months overdue

Net Assets, Total Assets & Total Liabilities (2018–2023)

Cash in Bank

£344.03k

Decreased by £454.92k (-57%)

Net Assets

£639.37k

Decreased by £1.01M (-61%)

Total Liabilities

£365.93k

Decreased by £8.29k (-2%)

Turnover

N/A

Employees

18

Decreased by 2 (-10%)

Debt Ratio

36%

Increased by 17 (+89%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
31 Dec Year End
2022
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Grants 2

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

26 Allotments 12,284,011 Shares £2.26m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
12 Apr 20248,296,674£721k£0.087
6 Feb 202456,158£27k£0.485
6 Feb 202494,727£31k£0.331
22 Sept 2023338,016£112k£0.331
6 Sept 2023166£1.79£0.011

Officers

Officers

1 active 2 resigned
Status
Phillip Mark DaviesDirectorBritishEngland571 Jan 2018Active

Shareholders

Shareholders (89)

Rupert John Cruise
35.4%
50,813,300
Phillip Mark Davies
34.8%
50,000,000

Persons with Significant Control

Persons with Significant Control (2)

2 Active 4 Ceased

Rupert John Cruise

British

Active
Notified 1 Jan 2018
Residence England
DOB September 1972
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent

Phillip Mark Davies

British

Active
Notified 1 Jan 2018
Residence England
DOB April 1969
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent

Phillip Mark Davies

Ceased 1 Sept 2019

Ceased

Rupert John Cruise

Ceased 1 Sept 2019

Ceased

Martin Lewis

Ceased 1 Sept 2019

Ceased
Ceased

Group Structure

Group Structure

No group structure identified

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
23 Oct 2025AddressChange Registered Office Address Company With Date Old Address New Address
23 Oct 2024InsolvencyLiquidation Voluntary Statement Of Affairs
23 Oct 2024ResolutionResolutions
23 Oct 2024InsolvencyLiquidation Voluntary Appointment Of Liquidator
23 Oct 2024AddressChange Registered Office Address Company With Date Old Address New Address
23 Oct 2025 Address

Change Registered Office Address Company With Date Old Address New Address

23 Oct 2024 Insolvency

Liquidation Voluntary Statement Of Affairs

23 Oct 2024 Resolution

Resolutions

23 Oct 2024 Insolvency

Liquidation Voluntary Appointment Of Liquidator

23 Oct 2024 Address

Change Registered Office Address Company With Date Old Address New Address

Recent Activity

Latest Activity

Change Registered Office Address Company With Date Old Address New Address

7 months ago on 23 Oct 2025

Liquidation Voluntary Statement Of Affairs

1 years ago on 23 Oct 2024

Resolutions

1 years ago on 23 Oct 2024

Liquidation Voluntary Appointment Of Liquidator

1 years ago on 23 Oct 2024

Change Registered Office Address Company With Date Old Address New Address

1 years ago on 23 Oct 2024