PAYMENT REVIEW OF

MAGNUM INNOVATIONS

18 JANUARY 2026

MAGNUM INNOVATIONS (ABN: 53431588K) is a business entity in Singapore registered with The Accounting and Corporate Regulatory Authority (ACRA) and is currently not operational. It has a payment reputation rating of 'D' under our scoring framework, and all transactions are recorded in Singapore Dollars (SGD).
Good: 4

Registrar Details

Entity Name
MAGNUM INNOVATIONS
UEN
53431588K
Entity Status
Ceased Registration
Constitution
Sole-Proprietor
Entity Type
Sole Proprietorship/ Partnership
Primary Activity (SSIC)
72104
Research and experimental development on engineering
Secondary Activity (SSIC)
58120
Publishing of directories and mailing lists
Issuance Agency
ACRA
Registration Incorporation Date
02 April 2021
UEN Issue Date
02 April 2021
Registered Address
53 EDGEDALE PLAINS THE AMORE #04-02 SINGAPORE 828692
Number of Officers
1
Financial Reporting
Account Due Date
Data unavailable
Annual Return Date
Data unavailable
Audit Firms
Data unavailable
Former Names
Data unavailable

User Reviews
0

Loading reviews...

Review Anonymously

Help others understand MAGNUM INNOVATIONS's payment practices.
D
Payment Rating

Going Concern

FAILED

Legal Name

MAGNUM INNOVATIONS

Registration Number

53431588K

Country Jurisdiction

SINGAPORE

Registered Date

02 APRIL 2021 (5 years 0 months ago)

Base Currency

SINGAPORE DOLLARS

Last Updated

18 JANUARY 2026 10:57 PM

Legal Invoice Recovery
Make a claim on MAGNUM INNOVATIONS

Frequently Asked Questions

The Payment Rating of MAGNUM INNOVATIONS is D. It is a proprietary metric aggregating verified public sources (court judgements, news media, financial analysis), community feedback and data partnerships. It indicates the likelihood of on-time payments but is not a financial guarantee.

MAGNUM INNOVATIONS has not passed the "Going Concern" test. This suggest that MAGNUM INNOVATIONS is operationally active and is likely to be able to meet financial obligations. More specifically, it means MAGNUM INNOVATIONS does not have significant reported poor payment reviews that is cause for distress and it is also not in the process of being liquidated, winding up, or struck off from the government registry.

Based on the registration date of 02 APRIL 2021 12:00 AM, MAGNUM INNOVATIONS is approximately 5 years old.

The business registration number of MAGNUM INNOVATIONS is 53431588K. The business registration number is a standard identification number assigned by government registrar to uniquely identify a business entity.

MAGNUM INNOVATIONS is officially located at 53 EDGEDALE PLAINS THE AMORE #04-02 SINGAPORE 828692. This is the registered address on file with the registrar.

MAGNUM INNOVATIONS's primary industry is Research and experimental development on engineering (SSIC code: 72104) and secondary industry is Publishing of directories and mailing lists (SSIC code: 58120).

No. We are an open business directory and review platform. We do not issue credit ratings like Experian, Equifax, or Moody's. Our data, including Payment Ratings, should be used for reference only, not as the sole basis for financial decisions.

Business profile information is provided by official government registries, such as ACRA in Singapore, Australian Business Register, New Zealand Companies Register, and Companies House in the United Kingdom. Payment ratings and reviews are sourced from court notices or judgements, news media, financial analysis, data partnerships and user reported reviews.

Yes. Your identity is protected—reviews are published under the display name 'Anonymous' so businesses cannot identify who wrote them.​ While we verify that reviewers have a legitimate connection to the business (such as being a real supplier or customer), this verification happens privately and is never shared publicly. This approach mirrors how Glassdoor (and Reddit) protects reviewers from retaliation while ensuring reviews come from real people. Avoid including identifying details in your review text (like specific invoice numbers, unique transaction dates, or your company name) that could make you recognizable.

As an open platform, Payre democratizes payment risk information that would otherwise be expensive or difficult to access through traditional credit bureaus. You can share and read actual creditor experiences about late or non-payments to promote a prompt payment culture, influence debtor's management practice and help others make better decisions. We promise reviews to remain freely accessible to anyone.