MAG NET
Singapore
28 June 1996
52824722X
SGD
Business Description
MAG NET is registered as a business entity on 28 June 1996 (28.6 years ago) structured as a Sole Proprietor with 2 officer(s) in-charge. The business jurisdiction is overseen by the Accounting and Corporate Regulatory Authority (ACRA), a government agency from Singapore with the given Business Registration Number / Unique Entity Number (UEN) 52824722X. The business official address is located at 1 Scotts Road #24-10, Shaw Centre, Singapore 228208 with main trading activity as It Professsional Services Nec in the primary industry of 62021: Information Technology Consultancy (except Cybersecurity) using Singapore Dollars - SGD as its default trading currency. The business name remains unchanged since inception. The business annual account filing date falls on 28 June and is currently operational with the status of 'Live'.
In the past 365 days, MAG NET has received a total of Login to view reported payment review(s). 3 were rated Good and Login to view were rated Poor. The latest review was made on 2023-04-20 and it was reported "Good". The aggregated good payment amount is equivalent to USD 1,653, and aggregated poor payment amount is equivalent to USD Login to view. Its current payment rating of "A" suggest a healthy payment culture where settlement with stakeholders is always prioritised. Since the business is currently active, it also signals positive financial standing. The lack of an appointed auditor indicates that the business is small sized as it did not meet the regulatory requirements of revenue or assets exceeding SGD 10 million, or has more than 50 employees in the previous two fiscal years.
MAG NET is not yet a Prompt Payment Initiative Signatory.
Last updated on 30 April 2023
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Poor Payment Sum
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Poor Payment Count
USD 1,653
Good Payment Sum
3
Good Payment Count
2023-04-20
Latest Report Date
Good
Latest Report Rating
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Legal Name
MAG NET
Registered Business Number / UEN
52824722X
Postal Address
1 SCOTTS ROAD #24-10, SHAW CENTRE, SINGAPORE 228208
Officially Founded
28 JUNE 1996
Base Currency
SINGAPORE DOLLARS (SGD)
Entity Structure
SOLE PROPRIETOR
Industry Classification
62021 - INFORMATION TECHNOLOGY CONSULTANCY (EXCEPT CYBERSECURITY)
73100 - ADVERTISING ACTIVITIES
Jurisdiction
SINGAPORE
Governing Agency
ACCOUNTING AND CORPORATE REGULATORY AUTHORITY (ACRA)
Formerly Known as
-Prompt Payment Initiative
NON-SIGNATORY
Business Legitimacy
VERIFIED
Business Status
Live
Frequently Asked
What is the legal name and registration number of MAG NET? Is it still in business?
"MAG NET" is the legal full name of the business with the registered number 52824722X. It is still active and opertional as a business.
How do I find out the credit profile and payment rating of MAG NET?
The credit profile of MAG NET is assessed with the payment rating of "A", find out more.
When did MAG NET register as a business?
MAG NET started business on 28 June 1996.
Where is MAG NET located?
The address of MAG NET is 1 SCOTTS ROAD #24-10, SHAW CENTRE, SINGAPORE 228208.
What is the base currency of MAG NET?
The default trading currency of MAG NET is the Singapore Dollars (SGD).
Who is MAG NET governed by?
MAG NET is under the jurisdiction of Singapore, overseen by the Accounting and Corporate Regulatory Authority (ACRA).
Other businesses in Singapore
Important: If you are about to transfer money to this business, do ensure it is made payable to payee's legal name "MAG NET". If you find this business dealing with regulated products, please further check that MAG NET is correctly licenced by the local authority.
Disclaimer: Our data is publicly sourced and we make every reasonable effort to maintain timely and accurate information on this page. However, please note that the information may have changed since it was originally supplied by the business owners, and therefore, we cannot be held liable for any actions placed on it.