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Magma Property Limited Is Magma Property Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Magma Property Limited (company number 05947794) entered compulsory liquidation on 18 June 2024, by order of the court. The Official Receiver Or London of null was appointed as liquidator.
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Magma Property Limited is now in compulsory liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 05947794 |
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| Incorporated | 27 September 2006 (20 years old) |
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| Registered office | 8 Station Road, Harold Wood, Romford, RM3 0BP |
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| Nature of business (SIC) | 82990: Other business support service activities n.e.c. |
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| Date entered compulsory liquidation | 18 June 2024 |
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| Liquidator | The Official Receiver Or London, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Magma Property Limited is a UK limited company based in Romford, incorporated in 2006 and 18 years old when the liquidator was appointed. Its registered activity is other business support service activities n.e.c. (SIC 82990). There have been 5 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, all of which are recorded as satisfied.
Directors
5 people have been appointed as directors of Magma Property Limited.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Mr Thomas Carroll
individual person with significant control · Irish · England
Ownership of shares 75-100%
3 ceased controls
- Mr Ashraf Mengrani · ceased 27 Sep 2020
- Mrs Shamini Mengrani · ceased 28 Mar 2022
- Mr Ashraf Mengrani · ceased 1 Feb 2023
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
SatisfiedMortgage Express
Mortgage · Created 1 Mar 2007 · Satisfied 13 Aug 2023
What happened
EventDateType
Order of court to wind up26 June 2024COCOMP
Compulsory liquidationStatus18 June 2024
Confirmation statement made with no updates14 March 2024CS01 Satisfaction of charge in full13 August 2023MR04 Micro company accounts made up6 July 2023AA +58 earlier events · 2007 to 2023
Confirmation statement made with updates19 February 2023CS01 Registered office address changed19 February 2023AD01 Appointment as a director19 February 2023AP01 Termination of appointment as a director19 February 2023TM01 Notification as a person with significant control19 February 2023PSC01 Cessation as a person with significant control19 February 2023PSC07 Total exemption full accounts made up29 September 2022AA Previous accounting period shortened30 June 2022AA01 Director's details changed27 May 2022CH01 Notification as a person with significant control27 May 2022PSC01 Cessation as a person with significant control26 May 2022PSC07 Confirmation statement made with updates26 May 2022CS01 Termination of appointment as a director26 May 2022TM01 Registered office address changed4 November 2021AD01 Confirmation statement made with no updates6 October 2021CS01 Micro company accounts made up30 June 2021AA Micro company accounts made up30 September 2020AA Change of details as a person with significant control30 September 2020PSC04 Cessation as a person with significant control30 September 2020PSC07 Confirmation statement made with updates30 September 2020CS01 Confirmation statement made with no updates8 October 2019CS01 Unaudited abridged accounts made up30 May 2019AA Confirmation statement made with updates2 November 2018CS01 Change of details as a person with significant control31 October 2018PSC04 Director's details changed31 October 2018CH01 Director's details changed31 October 2018CH01 Change of details as a person with significant control31 October 2018PSC04 Termination of appointment as a secretary31 October 2018TM02 Registered office address changed31 October 2018AD01 Unaudited abridged accounts made up5 March 2018AA Confirmation statement made with no updates16 October 2017CS01 Total exemption small company accounts made up4 April 2017AA Confirmation statement made with updates27 September 2016CS01 Total exemption small company accounts made up24 May 2016AA Annual return made up with full list of shareholders6 October 2015AR01 Total exemption small company accounts made up17 March 2015AA Annual return made up with full list of shareholders10 November 2014AR01 Total exemption small company accounts made up30 June 2014AA Appointment as a director18 June 2014AP01 Appointment as a director18 June 2014AP01 Annual return made up with full list of shareholders2 October 2013AR01 Termination of appointment as a director26 July 2013TM01 Appointment as a director26 July 2013AP01 Total exemption small company accounts made up28 June 2013AA Annual return made up with full list of shareholders1 October 2012AR01 Total exemption small company accounts made up28 June 2012AA Annual return made up with full list of shareholders30 September 2011AR01 Total exemption small company accounts made up12 August 2011AA Annual return made up with full list of shareholders1 November 2010AR01 Director's details changed1 November 2010CH01 Secretary's details changed1 November 2010CH04 Total exemption small company accounts made up28 June 2010AA Annual return made up with full list of shareholders8 October 2009AR01 Total exemption small company accounts made up4 August 2009AA Total exemption small company accounts made up25 July 2008AA Legacy25 October 2007363s Incorporation27 September 2006NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.
Owed money by a company in liquidation →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.
How retention of title works →Don't be the last to know next time
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Related guides
The bigger picture
Frequently asked questions
- Is Magma Property Limited in compulsory liquidation?
- Yes. Magma Property Limited (company number 05947794) entered compulsory liquidation on 18 June 2024, by order of the court. The Official Receiver Or London of null was appointed as liquidator.
- Who is the liquidator of Magma Property Limited?
- The Official Receiver Or London, a licensed insolvency practitioner at null, was appointed liquidator of Magma Property Limited on 18 June 2024. Creditors can contact the liquidator directly to submit a claim.
- What does Magma Property Limited do?
- Magma Property Limited's registered nature of business is other business support service activities n.e.c. (SIC 82990).
- Where is Magma Property Limited based?
- Magma Property Limited's registered office is 8 Station Road, Harold Wood, Romford, RM3 0BP. The registered office is the address held on the public register, which is not always the trading address.
- When was Magma Property Limited founded?
- Magma Property Limited was incorporated on 27 September 2006, 18 years before the liquidator was appointed.
- What is Magma Property Limited's company number?
- Magma Property Limited's registered company number is 05947794.
- Who has significant control of Magma Property Limited?
- 1 active person with significant control over Magma Property Limited is on the register: Mr Thomas Carroll.
- What does liquidation mean for creditors of Magma Property Limited?
- Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
- How long does liquidation take?
- Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
- Will creditors get paid in Magma Property Limited's liquidation?
- Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.
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