Magenta Technology Limited

Reference number: 726558

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Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When magenta-tech.com first appeared online, and whether it can receive email
  • What kind of line 01432 278296 is
  • Who else gives the postcode HR2 6FJ
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FCA permissions and consumer protection

  • Lend or arrange credit · Hire out goods to consumers No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (5 permissions)
  • Credit Broking
  • Entering into Regulated Consumer Hire Agreements as owner
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising or having the right to exercise the owner's rights and duties under a regulated consumer hire agreement

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
13 April 1995 (31 years old)
Registered office
Unit 1 Ravenswood Court, Rotherwas, Hereford, HR2 6JX, United Kingdom
Nature of business
  • Other information technology service activities (SIC 62090)
  • Renting and leasing of office machinery and equipment (including computers) (SIC 77330)
  • Other business support service activities not elsewhere classified (SIC 82990)
  • Repair of computers and peripheral equipment (SIC 95110)

Directors and company secretaries

Name Role Born Appointed Other companies
Raymond David Willows Director Mar 1977 29 Oct 2024 None
Clare Kathleen Willows Director Apr 1972 29 Oct 2024 1 other company

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other company
1
still active
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • All 9 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 October 2025Small company accountsNot audited

Net assets

£73.2k

+193% from £25.0k

Cash at bank

£14.9k

No earlier figure to compare

Employees (average)

4

−20% from 5

Owed within a year

£66.6k

−35% from £102k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 03045995. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Magenta Technology’s history from the FCA register and Companies House, newest first.

2024

29 October 2024

  • Board replaced: both directors left and 2 new directors took over
  • Christopher Charles Passey stopped being the majority owner
  • Elt Tech Ltd took control (75–100% of shares)
  • Linda Muriel Passey stopped being a part-owner

Companies House

2016

6 April 2016

  • Christopher Charles Passey became the majority owner (50–75% of shares)
  • Linda Muriel Passey became a part-owner (25–50% of shares)

Companies House

2015

8 December 2015

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

1997

11 July 1997

  • Board replaced: both directors left and 2 new directors took over

Companies House

1995

13 April 1995

  • Incorporated at Companies House

Companies House

In the full report: all 26 events

  • All 26 events in its history (10 shown here)
  • Every director appointment and resignation: 14
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Firms connected to Magenta Technology

Other FCA-listed firms that share a director, phone number or address with Magenta Technology. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Magenta Technology

Other firms of the same type (lender), nearest first.

In Hereford

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Magenta Technology

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 26 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Magenta Technology Limited FCA authorised?
Yes, Magenta Technology Limited (FRN 726558) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2015 and works as a lender. The FCA has placed no limits on its permissions.
What is Magenta Technology’s phone number and website?
The FCA register lists the phone number 01432 278296 and the website magenta-tech.com for Magenta Technology. If you were given different contact details, use these to check with the firm before going any further.
Is Magenta Technology a scam or clone?
Magenta Technology is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Magenta Technology?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Magenta Technology handles your money, so check the specific product before you commit. You can also refer complaints about Magenta Technology to the Financial Ombudsman Service, free of charge.
Who owns Magenta Technology?
Magenta Technology is owned by Elt Tech Ltd, which holds 75–100% of shares and 75–100% of votes, since 29 October 2024. Before that, it was controlled by Mr Christopher Charles Passey and Mrs Linda Muriel Passey.
Who runs Magenta Technology?
Companies House lists 2 directors of Magenta Technology: Raymond David Willows and Clare Kathleen Willows.
How long has Magenta Technology been in business?
The company was formed on 13 April 1995, and has held its current FCA authorisation since December 2015.
What do Magenta Technology’s latest accounts show?
Its latest accounts, to 31 October 2025, show net assets of £73.2k (+193% from £25.0k) and cash at bank of £14.9k (no earlier figure to compare).

Sources and links

The full report on Magenta Technology Limited

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