UK Companies House feature
MAGAWELL LIMITED
Cash
£18K
-53.6% vs 2023
Net assets
£2M
-13% vs 2023
Employees
116
-2.5% vs 2023
Profit before tax
£392K
+348.3% vs 2023
Profile
- Company number
- 06274585
- Status
- Active
- Incorporation
- 2007-06-11
- Last accounts made up
- 2024-06-30
- Account category
- FULL
- Primary SIC
- 47730
- Hubs
- UK Healthcare
Net assets
7-year trend · vs UK Healthcare median
Accounts
7-year trend · latest 2024-06-30
| Metric | Trend | 2018-06-30 | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | -£157,975 | £392,311 | |
| Net profit | — | — | — | — | — | -£212,384 | £359,190 | |
| Cash | — | — | — | — | — | £38,147 | £17,711 | |
| Total assets less current liabilities | — | — | — | — | — | £5,025,036 | £3,662,352 | |
| Net assets | — | — | — | — | — | £2,515,974 | £2,188,817 | |
| Equity | £2,259,844 | £1,938,595 | £1,476,031 | — | — | £2,515,974 | £2,188,817 | |
| Average employees | — | — | — | — | — | 119 | 116 | |
| Wages | — | — | — | — | — | £2,141,527 | £2,138,333 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern.”
Subsidiaries
- Aneurin Evans Chemists Limited · 100% held · United Kingdom
Significant events
- “Two pharmacies, Evans Pharmacy (Abercarn) and Evans Pharmacy (Cwmcarn), were divested as part of a planned strategic review of the business. These disposals allowed the company to streamline operations and focus investment and management attention on locations with greater potential for clinical service growth and operational efficiency.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NAZEMI, Mohammed Husein, Dr | Director | 2012-08-14 | Jan 1977 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVANS, Margaret Elizabeth | Secretary | 2007-06-11 | 2012-08-14 |
| EVANS, Hywel Meurig | Director | 2007-06-11 | 2012-08-14 |
| EVANS, Margaret Elizabeth | Director | 2007-06-11 | 2012-08-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Brentmark Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
| Dr Mohammed Husein Nazemi | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 83 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-27 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-06-30 | AA | accounts | accounts with accounts type full |
| 2025-06-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-06-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-04-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-04-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-04-24 | MR05 | mortgage | mortgage charge part both with charge number |
| 2024-03-28 | AA | accounts | accounts with accounts type full |
| 2024-02-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-01-18 | AD01 | address | change registered office address company with date old address new address |
| 2023-06-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-30 | AA | accounts | accounts with accounts type full |
| 2022-06-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-03-30 | AA | accounts | accounts with accounts type full |
| 2021-06-28 | AA | accounts | accounts with accounts type full |
| 2021-06-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-06-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-03-19 | AA | accounts | accounts with accounts type full |
| 2019-12-23 | MR04 | mortgage | mortgage satisfy charge full |
| 2019-12-23 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ (private-firm) · reference 2024-06-30
5.10
SAFE
Altman Z″
- Working capital / Total assets 0.296 × 6.56 = +1.94
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.174 × 6.72 = +1.17
- Book equity / Total liabilities 1.899 × 1.05 = +1.99
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory