1,371 active companies are registered in Magherafelt with Companies House. Out of 1,577 companies ever registered here, 134 are no longer active — a 87% survival rate. The area has seen significant recent growth, with 51.7% of active businesses incorporated since 2020. Over half (61%) of active companies were formed since 2020, making this one of the UK's fastest-growing business locations. The most common industry sector is activities of other holding companies n.e.c., with 72 companies. Magherafelt is home to 33 FCA-regulated firms. Companies here hold 16 government contracts worth £88.6M in total. The average company age is 8.5 years. The earliest company registration in Magherafelt dates back to 1904.
Source: Companies House register via UVAGATRON, October 2026
Magherafelt is a growth hotspot — over half of its active companies were formed since 2020.
The average active company in Magherafelt is 8.5 years old. There are 33 <Link href="/glossary/fca-financial-conduct-authority">FCA-regulated firms</Link> in the area. 5 registered charities operate locally.
Companies in Magherafelt have been awarded 16 government contracts with a combined value of £88.6M. See the Top Government Contractors report.
There are 1,371 active companies registered in Magherafelt, out of 1,577 total. 134 (8%) are no longer active.
The top industries in Magherafelt include Activities of other holding companies n.e.c. (72 companies), Other letting and operating of own or leased real estate (67 companies), Development of building projects (49 companies).
51.7% of currently active companies in Magherafelt were incorporated since 2020, indicating strong recent growth.
Our database contains 11,337 data signals across 10 categories for active companies in Magherafelt. The largest category is Governance with 5,734 signals from 4 sources.
The oldest company registration in Magherafelt dates back to 1904, spanning over 122 years of business history.