Mags Air Ltd
- Company number
- 10265139
- Incorporated
- 6 Jul 201610 years trading
- Registered office
- 38 Cape Yelcho Road, Newport, NP20 2SL
- Nature of business
- Repair and maintenance of aircraft and spacecraft
Mags Air Ltd is a 10-year-old private limited company registered in Newport, company number 10265139, one of 120 machinery repair and installation companies in Newport. Its next accounts are due at Companies House on 30 April 2027, and the CT600 for the period to 31 July 2026 is due at HMRC on 31 July 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 £65 (+64.4%) on the year before, to £166.
- Net assets rose in 5 of 8 year-on-year comparisons on record.
- Current assets of £8,178 against £8,012 owed within a year: 1.0 times cover.
- 1 employee on average during the year.
- Balance sheets on record for 9 years, 2017 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 Jul 2025 | £166 | £8,178 | £8,012 | 1 | |
| 31 Jul 2024 | £101 | £12K | £9,783 | 1 | |
| 31 Jul 2023 | £100 | £13K | £7,942 | 1 | |
| 31 Jul 2022 | £669 | £16K | £4,766 | 0 | |
| 31 Jul 2021 | £100 | £19K | £10K | 1 | |
| 31 Jul 2020 | £657 | £16K | £1 | 1 | |
| 31 Jul 2019 | £9,068 | £16K | £10K | 1 | |
| 31 Jul 2018 | £131 | £2,525 | £2,394 | 1 | |
| 31 Jul 2017 | £122 | £5,535 | £5,413 |
Where Mags Air Ltd is registered
The registered office is in Newport (NP20), in the Newport local authority area, Wales. Show NP20 2SL on a map.
Other trade companies in NP20
- TJ'S Recovery LtdMechanics and garages
- Fiesta Consultants LimitedFacilities management
- Phones and Tech Repairs LtdRepair services
- Micy Developments LtdProperty developers
- James Bros Plumbing & Electrical LtdPlumbers and heating engineers
- Ama Facilities Management LtdSpecialist contractors
- New Visual-Installations LtdInstallers
- James & Co Flooring Solutions LimitedFloor and wall tilers
Also registered at this address
1 other company uses the same registered office as Mags Air Ltd.
- SMT Aviation Services LimitedMachinery repair and installation
What happens if Mags Air Ltd 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 April 2027.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 May 2027 to 31 May 2027 | £150 |
| 1 to 3 months late | 1 Jun 2027 to 31 Jul 2027 | £375 |
| 3 to 6 months late | 1 Aug 2027 to 31 Oct 2027 | £750 |
| More than 6 months late | From 1 Nov 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Aug 2027 | £200 |
| 3 months late | 31 Oct 2027 | another £200 |
| 6 months late | 31 Jan 2028 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 Jul 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
- 10265139
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 6 July 2016 (10 years ago)
- Registered office
- 38 Cape Yelcho Road, Newport, NP20 2SL
- Nature of business
- Repair and maintenance of aircraft and spacecraft (SIC 33160)
- Year end
- 31 July (accounting reference date)
- Accounts type
- Micro-entity
- Last accounts made up to
- 31 July 2025
- Last confirmation statement
- 1 July 2026
Filing notes for machinery repair and installation companies
Machinery repair and installation companies often carry parts stock and specialist tools, and many work on contracts that span the year end.
Similar companies in Newport
Other active machinery repair and installation companies registered in Newport.
- Marine Gas Solutions Ltd2021
- MDM Services (Cardiff) Limited2001
- Medina Electronics Design Consultancy Ltd2022
- MJH Wind Services Ltd2024
- MM2 Electrical Limited2024
- Newport Motorcycle Bunker Ltd2010
- Ozcan Ergin Ltd2019
- PB Engineering (Usk) Limited2003
All machinery repair and installation companies in Newport · All trades in Newport · Machinery repair and installation across the UK
Frequently asked questions
When are Mags Air Ltd's accounts due?
Mags Air Ltd's next accounts are due at Companies House by 30 April 2027 (in 199 days), covering the period to 31 July 2026.
When is Mags Air Ltd's CT600 due?
The CT600 for the period to 31 July 2026 is due at HMRC by 31 July 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 May 2027.
Is Mags Air Ltd still trading?
Mags Air Ltd 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 Mags Air Ltd do?
Mags Air Ltd is registered under Repair and maintenance of aircraft and spacecraft (SIC 33160).
How old is Mags Air Ltd?
Mags Air Ltd was incorporated on 6 July 2016, 10 years ago.
What is the penalty if Mags Air Ltd 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 Mags Air Ltd 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.