Magistar Ltd

Magistar Ltd from Leicester UK: a small, active company founded six years ago, employs two people, and holds £3,185 in assets. It’s led by one director and owner, and operates as an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import activity occurring one months ago. The company’s core business revolves around patents information consultancy and training services, catering to the scientific, technical, and legal communities.

The company’s website reveals a focus on providing expertise in intellectual property, helping clients make informed business decisions. It offers consultancy projects and training programs, enabling companies to utilize patent documents for commercial, technical, and legal data. The site highlights practical experience, professional insight, and independence as key differentiators. It also features a section on “Featured Products,” though specifics are lacking. The website uses cookies to analyze traffic and optimize the user experience.

Financially, Magistar Ltd presents a mixed picture. Current assets have decreased by 4.8% to £3,200, while net assets have declined 18% to -£8,000. Cash reserves have fallen 640% to £1,000. Creditors have increased 10% to £11,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity is a concern. The accounts are unaudited and were prepared by CounTax Ltd.

The company’s irregular import activity and reliance on consultancy services suggest a niche market focus. While the financials indicate some financial strain, the company’s expertise and independent status could provide a buffer against economic headwinds. It’s clear that Magistar Ltd is working hard to maintain its position in a competitive landscape.

Registered in England/Wales under the registration number 11672202, with a registered address at LE3 1NL, England, Leicester, 75 Overpark Avenue.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.