£1.44m
−35%vs Dec 2023Active01493159Private limited companyWallington
MAGNETIC SEPARATIONS LIMITED
Significant control: Paul Ralph Gibbard (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Other engineering activities (SIC 71129). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MAGNETIC SEPARATIONS LIMITED is an active private limited company (company number 01493159) incorporated on 24 April 1980, registered in Wallington. Its registered activity is other engineering activities (SIC 71129). Latest small accounts cover the period ending 31 December 2024, showing net assets of £1.44m and cash of £1.53m, with 4 employees on average. Net assets fell 35% on the prior period (£2.23m).
Peer position · net assets
By net assets it sits in the top quarter of 1,321 comparable companies in Greater London (median £7,703, upper quartile £45k).
02
Ownership and control
- Mr Paul Ralph Gibbard
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Michael William Gibbard
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 24 April 198046 yrs ago
- Next accounts due
- 30 September 202623 days overdue
- Confirmation statement due
- 8 May 2027in 197 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 71129
- Other engineering activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£1.53m
−34%vs Dec 2023Not reported
4
No changevs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £1.44m | £1.53m | £262k | — | — | — | 4 |
| 31 December 2023 | £2.23m | £2.33m | £884k | — | — | — | 4 |
Cash per employee£384kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £1,440,216 at 31 December 2024
- Net assets down 25% or more on the prior period-35.4% vs prior period
- Cash at bank of £50,000 or moreCash £1,534,449
- Incorporated five or more years agoIncorporated 24 April 1980
- Accounts past their due dateDue 30 September 2026
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 197 days
- Next accounts due23 days overdue
- Accounts period endNet assets £1.44m · small accounts
- Accounts period endNet assets £2.23m · small accounts
- Incorporated
08
Similar companies in Greater London
- DAVENWAY LIMITEDEssex · inc. Feb 1980
- PNEUMATIC SERVICES (LONDON) LIMITEDPinner · inc. Aug 1980
- ADVENT DUCTWORK SYSTEMS LTDEast Horsley · inc. Nov 1979
- WEKO (U.K.) LIMITEDSutton · inc. Jul 1979
- SHELMAR ENGINEERING LIMITEDEnfield Middx · inc. May 1979
- ROANTWIN LIMITEDKent · inc. Feb 1979
All companies incorporated on 24 April 1980 · in Apr 1980.
09
Reminders for MAGNETIC SEPARATIONS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.