The Firmwatch take
Magikx Global Ltd (15683319) currently shows: Watch signal detected, based on accounts to 30 April 2025; last refreshed 24 May 2026. Cautionary signals appear on this company's public record.
Companies House source·Accounts to 30 Apr 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
26 April 2024
2 years on the register
Sector
Business and domestic software development
SIC 62012
Size
Not classified
Net assets
£1
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Thin net asset buffer
The company reports a small visible net asset position.
Sector benchmark · Information Technology
How this company compares in 149,047 IT firms
Bottom 30% in sector — Magikx Global Ltd shows £1 in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£1
Bottom 30% in sector · sector median £2k · 149,047 IT firms
Cash
Not disclosed
Working cap.
Not disclosed
Current ratio
—
Signals · 1
Positive net assets
The latest filed accounts show assets exceeding liabilities.
People
Who runs this company
- CR
CHAKKARA, Rahul, Mr.
director · since 2024
Registered office
Address intelligence
3 other companies registered here.
Likely a privately owned office or residential address.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.