Annual accounts
Total Exemption Full accounts
30/09/2027Filing deadline
- Next accounts made up to
- 31/12/2026
- Last accounts made up to
- 31/12/2025
Reference data exactly as held at Companies House.
The 4 most recent documents filed at Companies House.
Total exemption full accounts made up to 2025-12-31
Change of details for Dr. Thomas Albert Clayson as a person with significant control on 2026-03-10
Confirmation statement made on 2026-01-14 with updates
Current accounting period extended from 2025-07-31 to 2025-12-31
What Pre-Score will tell you

The two filings Companies House requires every year, and where each one stands against its deadline today.
Total Exemption Full accounts
30/09/2027Filing deadline
Confirms the registry record is up to date
28/01/2027Filing deadline
The latest figures MAGDRIVE LTD filed. Okredo holds filed accounts data for 2021–2025; the year-by-year record is on the financials page.
Net Assets
2024: £-127.74K
Total Assets
2024: £1.34M
Cash in Bank
2024: £236.48K
Total Liabilities
2024: £1.04M
Employees
2024: 15
Of the 4 measures with an earlier filing to compare against, 3 rose and 1 fell. Net assets moved furthest, up 3.54K% on 2024. See the full financial analysis for MAGDRIVE LTD.
The full financial record
Four ways through MAGDRIVE LTD's filed accounts — the year-by-year numbers, the compound rates and the ratios behind them.
Headcount as reported to Companies House for 2021–2025.
| Year | Employees | Change |
|---|---|---|
| 2025 | 30 | +15 |
| 2024 | 15 | +5 |
| 2023 | 10 | 0 |
| 2022 | 10 | +3 |
| 2021 | 7 | – |
Reported employee count increased from 7 in 2021 to 30 in 2025. See how headcount moved alongside the reported financials.
Credit report
It is a professional assessment of the company 's performance, revealing company's potential and risks, showing it's past experiences and revealing future prospects.
Directors, secretaries and other appointed officers, with the period each has served.
| Person | Role | Period | Connected companies |
|---|---|---|---|
| Director | 22/01/2020–Present | 1 | |
| Director | 13/09/2019–Present | 10 | |
| Director | 29/11/2024–Present | 1 |
Individuals or entities with significant control over the company, as declared to Companies House.
| Person | Period | Connected companies |
|---|---|---|
| 01/01/2020–Present | 1 | |
| 01/01/2020–01/01/2025 | 1 | |
| 13/09/2019–Present | 10 |
Every document on the Companies House record, newest first.
Total exemption full accounts made up to 2025-12-31
Change of details for Dr. Thomas Albert Clayson as a person with significant control on 2026-03-10
Confirmation statement made on 2026-01-14 with updates
Current accounting period extended from 2025-07-31 to 2025-12-31
Amended total exemption full accounts made up to 2024-07-31
Micro company accounts made up to 2024-07-31
Statement of capital following an allotment of shares on 2025-02-11
Memorandum and Articles of Association
Resolutions
Statement of capital following an allotment of shares on 2025-01-01
Change of details for Dr. Thomas Albert Clayson as a person with significant control on 2025-01-01
Cessation of Mark Yasu Stokes as a person with significant control on 2025-01-01
Showing 12 of 33 filings
See when the next accounts and confirmation statement are due
1 UK company is similar to MAGDRIVE LTD, sharing the same company status (Active), the same industry sector and activity group (Space transport) and a comparable number of employees. It is shown below to help you compare competitors and industry peers.
Donington Court, Pegasus Business Park Herald Way, East Midlands Airport, Castle Donington, Derby DE74 2UZ
A short description of the company, written from its Companies House record.
MAGDRIVE LTD is a private limited company registered in the United Kingdom, based in Unit 4 Bep-0 Building, Thomson Avenue, Harwell Oxford OX11 0GD. Companies House classifies its business as Space transport. It has been on the register for 7 years.
The register currently records it as active. Its 2025 accounts report net assets of £4.40M and 30 employees.
Answered from this company's own registry record and filed figures.
Companies House records MAGDRIVE LTD under one registered business activity: Space transport (51.22 - SIC 2007).
MAGDRIVE LTD is recorded as active on the Companies House register, and has been on it since 13/09/2019.
The most recent accounts Okredo holds cover 2025 and report net assets of £4.40M, total assets of £4.63M, cash in bank of £2.30M and total liabilities of £235.11K.
The most recent document on the record is dated 03/07/2026: Total exemption full accounts made up to 2025-12-31, 3 months ago.
On the current registry record, accounts are due by 30/09/2027 and the next confirmation statement is due by 28/01/2027.
Companies House lists 3 officers and 3 people with significant control (2 current).