Magdrive Ltd
Registered name: MAGDRIVE LTD
Magdrive Ltd does not publish its revenue or profit. Its accounts to 31 Dec 2025 show net assets of £4.4m and 30 employees.
Magdrive Ltd did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2025 showed net assets of £4.4m and 30 employees. The company is classified under “space transport” and is based in Harwell Oxford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Harwell Oxford, South East
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Revenue not disclosed
Magdrive Ltd’s accounts for the year to 31 Dec 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 30
- Net assets
- £4.4m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2023 | 31 Jul 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L |
| Profit & loss | |||
| Revenue (turnover) | — | — | — |
| Profit (best available) | — | — | — |
| Employees (average) | 10 | 15 | 30 |
| Ratios | |||
| Profit margin | — | — | — |
| Growth (year on year) | |||
| Headcount growth | — | ▲50% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £236k | £2.3m |
| Net assets | £472k | −£128k | £4.4m |
| Fixed assets | £239k | £431k | £1.7m |
| Current assets | £335k | £482k | £3m |
| Debtors | — | £0 | £10.8k |
| Source | FilletedAccounts · bulk data Apr 2025 | FilletedAccounts · bulk data Apr 2025 | FilletedAccounts · bulk data Jul 2026 |
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £4.4m
- Cash at bank
- —
- Now £2.3m
- Headcount
- —
- Now 30
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £1.7m
Sources
Latest figures from FilletedAccounts for the year to 31 Dec 2025, from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.