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The above diagram shows the color scheme of the layout in the main result page. The parent entities and officers are those entities, including individual and legal persons, have significant controls over the company in focus. The offspring entities and appointments are those entities that the company in focus can influence on.

Clicking the links on parent entities or officers, and offspring entities or managed companies will put them in focus and show upstream or downstream connections. In general, ascendant entities can be found by moving toward upstream, and descendant entities are by toward downstream. In this way, progenitor entities such as grandparent companies (parents of parent), sibling companies (children of parent), partner companies (parents of child), and progeny entities such as grandchild companies (children of child) can be found easily.

Parent entities and officers 2
  • 1
    Mcelhone, Cathy
    Individual (1 offspring)
    Officer
    2012-03-08 ~ now
    OF - Secretary → CIF 0
  • 2
    Mcelhone, Mark Damien
    Born in January 1980
    Individual (1 offspring)
    Officer
    2011-03-07 ~ now
    OF - Director → CIF 0
    Mr Mark Damien Mcelhone
    Born in January 1980
    Individual (1 offspring)
    Person with significant control
    2018-01-26 ~ now
    PE - Right to appoint or remove directors as a member of a firmCIF 0
    PE - Ownership of shares – 75% or moreCIF 0
    PE - Ownership of voting rights - 75% or moreCIF 0
    Mr Mark Mcelhone
    Born in January 1980
    Individual (1 offspring)
    Person with significant control
    2018-01-26 ~ now
    PE - Ownership of shares – 75% or moreCIF 0
parent relation
Company in focus

MAGNUM FINANCIAL SOLUTIONS LTD

Period: 2011-03-07 ~ now
Company number: 07553873
Registered name
MAGNUM FINANCIAL SOLUTIONS LTD - now
Standard Industrial Classification
66190 - Activities Auxiliary To Financial Intermediation N.e.c.
Brief company account
Property, Plant & Equipment
1,832 GBP2025-07-31
303 GBP2024-07-31
Fixed Assets
1,832 GBP2025-07-31
303 GBP2024-07-31
Debtors
10,000 GBP2024-07-31
Current assets - Investments
8,161 GBP2025-07-31
8,161 GBP2024-07-31
Cash at bank and in hand
86,499 GBP2025-07-31
32,274 GBP2024-07-31
Current Assets
94,660 GBP2025-07-31
50,435 GBP2024-07-31
Net Current Assets/Liabilities
75,716 GBP2025-07-31
37,408 GBP2024-07-31
Total Assets Less Current Liabilities
77,548 GBP2025-07-31
37,711 GBP2024-07-31
Creditors
Non-current
-7,778 GBP2025-07-31
-10,778 GBP2024-07-31
Net Assets/Liabilities
69,770 GBP2025-07-31
26,933 GBP2024-07-31
Equity
Called up share capital
100 GBP2025-07-31
100 GBP2024-07-31
Retained earnings (accumulated losses)
69,670 GBP2025-07-31
26,833 GBP2024-07-31
Average Number of Employees
42024-08-01 ~ 2025-07-31
42023-08-01 ~ 2024-07-31
Property, Plant & Equipment - Gross Cost
Plant and equipment
484 GBP2025-07-31
484 GBP2024-07-31
Computers
2,638 GBP2025-07-31
399 GBP2024-07-31
Property, Plant & Equipment - Gross Cost
3,122 GBP2025-07-31
883 GBP2024-07-31
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Plant and equipment
331 GBP2025-07-31
280 GBP2024-07-31
Computers
959 GBP2025-07-31
300 GBP2024-07-31
Property, Plant & Equipment - Accumulated Depreciation & Impairment
1,290 GBP2025-07-31
580 GBP2024-07-31
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Plant and equipment
51 GBP2024-08-01 ~ 2025-07-31
Computers
659 GBP2024-08-01 ~ 2025-07-31
Property, Plant & Equipment - Increase From Depreciation Charge for Year
710 GBP2024-08-01 ~ 2025-07-31
Property, Plant & Equipment
Plant and equipment
153 GBP2025-07-31
204 GBP2024-07-31
Computers
1,679 GBP2025-07-31
99 GBP2024-07-31
Amounts owed by directors
Current
10,000 GBP2024-07-31
Corporation Tax Payable
Current
18,942 GBP2025-07-31
13,027 GBP2024-07-31
Amounts owed to directors
Current
2 GBP2025-07-31
Bank Borrowings/Overdrafts
Non-current
7,778 GBP2025-07-31
10,778 GBP2024-07-31

Related profiles found in government register
  • MAGNUM FINANCIAL SOLUTIONS LTD
    Info
    Registered number 07553873
    Office 112a Business First Centre, Empire Way, Burnley, Lancashire BB12 6HA
    PRIVATE LIMITED COMPANY incorporated on 2011-03-07 (15 years 3 months). The status of the company number is Active.
    The last date of confirmation statement was made at 2025-07-11
    CIF 0
  • MAGNUM FINANCIAL SOLUTIONS LTD
    S
    Registered number 7553873
    Business First Centre, Empire Way, Burnley, England, BB12 6HA
    CIF 1
child relation
Offspring entities and appointments 1
  • 1
    OPENWORK PARTNERSHIP LLP
    - now OC312300
    OPENWORKS PARTNERSHIP LLP - 2005-04-19
    C/o Julie Clarke Auckland House, Lydiard Fields, Swindon, England
    Active Corporate (2377 parents, 1 offspring)
    Officer
    2012-01-01 ~ now
    CIF 1 - LLP Member → ME

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Contains public sector information retrieved at 22 April 2026 and licensed under the Open Government Licence v3.0.