- Companies
- Motor traders
- Southport
- Magna Payments Limited
Magna Payments Limited
- Company number
- 08824964
- Incorporated
- 23 Dec 201312 years trading
- Registered office
- Office 7, Shakespeare Street, Southport, Merseyside, PR8 5AB
- Nature of business
- Sale of used cars and light motor vehicles; Information technology consultancy activities; Real estate agencies
Magna Payments Limited is a 12-year-old private limited company registered in Southport, company number 08824964, one of 50 motor trade companies in Southport. Its next accounts are due at Companies House on 30 September 2027, and the CT600 for the period to 31 December 2026 is due at HMRC on 31 December 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets up £56K (+33.8%) on the year before, to £223K.
- Net assets rose in 6 of 9 year-on-year comparisons on record.
- Current assets of £241K against £32K owed within a year: 7.5 times cover.
- No employees reported for the latest year (directors are often not counted as employees).
- Balance sheets on record for 10 years, 2016 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 Dec 2025 | £223K | £82K | £241K | £32K | 0 |
| 31 Dec 2024 | £167K | £78K | £169K | £18K | 0 |
| 31 Dec 2023 | £127K | £55K | £112K | £1,111 | 0 |
| 31 Dec 2022 | £133K | £95K | £159K | £26K | 0 |
| 31 Dec 2021 | £74K | £107K | £134K | £60K | 0 |
| 31 Dec 2020 | £20K | £475 | £32K | £13K | 0 |
| 31 Dec 2019 | -£8,385 | £178 | £286 | £8,671 | 0 |
| 31 Dec 2018 | £1,236 | £1,152 | £1,152 | £84 | 0 |
| 31 Dec 2017 | £9,860 | £45K | £49K | £40K | 0 |
| 31 Dec 2016 | £108 | £10K | £15K | £15K | 0 |
Where Magna Payments Limited is registered
The registered office is in Southport (PR8), in the Sefton local authority area, North West. Show PR8 5AB on a map.
Other trade companies in PR8
- PH Drywall Finishes LtdBuilders
- Mac & Andrew’S Homea LtdBuilders
- Aureon Motors LimitedMotor traders
- Arcade Contruction LtdBuilders
- Selzy Homes LtdBuilders
- Sells and Sons Property LtdBuilders
- LSLS Homes LtdBuilders
- Clarity Building and Contrution LtdBuilders
Also registered at this address
15 other companies use the same registered office as Magna Payments Limited.
- Ah2 Buxton LimitedProperty developers
- Ah2 Gee Cross LimitedProperty developers
- Auto Elements LtdMotor traders
- Black Beam LimitedProperty developers
- CH Electrical Contractors LtdElectricians
- Codmore Developments LimitedProperty developers
- Dsgo LimitedCleaning companies
- Fleming Johnson Construction LimitedBuilders
- Flint Construction Services LimitedBuilders
- Konig Developments LimitedInstallers
- Mac Digitals Technology LimitedSpecialist contractors
- Peter Martin Taxis LtdMechanics and garages
- R.J. Russell LimitedCivil engineering
- Southport Logistics LimitedMechanics and garages
- Southport Motor Co LtdMotor traders
What happens if Magna Payments Limited files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 30 September 2027.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Oct 2027 to 31 Oct 2027 | £150 |
| 1 to 3 months late | 1 Nov 2027 to 31 Dec 2027 | £375 |
| 3 to 6 months late | 1 Jan 2028 to 31 Mar 2028 | £750 |
| More than 6 months late | From 1 Apr 2028 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Jan 2028 | £200 |
| 3 months late | 31 Mar 2028 | another £200 |
| 6 months late | 30 Jun 2028 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 Dec 2028 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- 08824964
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 23 December 2013 (12 years ago)
- Registered office
- Office 7, Shakespeare Street, Southport, Merseyside, PR8 5AB
- Nature of business
- Sale of used cars and light motor vehicles (SIC 45112)
Information technology consultancy activities (SIC 62020)
Real estate agencies (SIC 68310) - Year end
- 31 December (accounting reference date)
- Accounts type
- Total exemption (full)
- Last accounts made up to
- 31 December 2025
- Last confirmation statement
- 7 March 2026
Filing notes for motor trade companies
Motor trade companies hold vehicle stock, and how that stock is valued at the year end moves the profit directly. Some use the VAT margin scheme.
Similar companies in Southport
Other active motor trade companies registered in Southport.
- Michael Coyne Transport Limited2006
- Motorhouse (ST. Helens) Limited2004
- N. Y. Luxury Cars UK Limited2008
- Ocean Diagnostics Ltd2026
- Personal Car Finders UK Ltd2018
- Precision Auto Group Ltd2023
- Prescot Motor Factors Ltd2025
- Qcarz.UK Ltd2021
All motor trade companies in Southport · All trades in Southport · Motor traders across the UK
Frequently asked questions
When are Magna Payments Limited's accounts due?
Magna Payments Limited's next accounts are due at Companies House by 30 September 2027 (in 352 days), covering the period to 31 December 2026.
When is Magna Payments Limited's CT600 due?
The CT600 for the period to 31 December 2026 is due at HMRC by 31 December 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 October 2027.
Is Magna Payments Limited still trading?
Magna Payments Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Magna Payments Limited do?
Magna Payments Limited is registered under Sale of used cars and light motor vehicles (SIC 45112); Information technology consultancy activities (SIC 62020); Real estate agencies (SIC 68310).
How old is Magna Payments Limited?
Magna Payments Limited was incorporated on 23 December 2013, 12 years ago.
What is the penalty if Magna Payments Limited files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Magna Payments Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.