Magellan Limited
- Small
- Active
- 12 years
- £82,255 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Magellan Ltd from London UK: small company, active status, founded 11 years ago, £82,255 assets, virtual address, 1 director, 1 owner, e-commerce site. Regular importer of electrical machinery and equipment (5 months imported). Regular exporter of electrical machinery and equipment (30 months exported). Magellan is a small, active company based in London, UK, established eleven years ago. It operates as an e-commerce site, importing and exporting electrical machinery and equipment. The company, with just one director and owner, holds £82,255 in assets, but its registered address is a virtual one, shared by over two hundred other companies.
The company’s website showcases a wide range of branded merchandise, luxury packaging, and video solutions. They offer everything from custom promotional pens to bespoke video brochures and even corporate golf gifts. The site highlights their ability to create memorable branding experiences across multiple touchpoints, catering to both local businesses and global companies. Magellan emphasizes a full-service approach, managing projects from concept to delivery, and prides itself on innovative ideas and attention to detail. They even offer bespoke video packaging, including video business cards and luxury tubes.
Financially, Magellan Ltd presents a mixed picture. Current assets have fallen significantly, dropping 59% to £82,000, and net assets have plummeted 72% to just £8,000. Cash reserves have also decreased considerably, falling 65% to £70,000. While creditors have also decreased by 57%, the sharp decline in equity raises concerns. The company's small size—meeting two of three criteria for a small company—helps it remain agile, but the financial strain is evident. As a small company, Magellan is exempt from an audit, and the figures are unaudited. It's clear that the company is facing some challenges, but its diverse range of services and commitment to branding could help it navigate these difficulties.
Registered in England/Wales under the registration number 08518514, with a registered address at NW11 7PE, United Kingdom, London, 925 Finchley Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 12 years
- 1
-
Resident of Italy
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-05-07 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-12-31Download 5 pages pdf report
-
Previous accounting period shortened from 2024-09-29 to 2023-12-31Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Magellan Limited
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