£98k
−22%vs Aug 2024Active01534188Private limited companyColchester
MAGNET SERVICES LIMITED
Significant control: Derek Charles White (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From public filings as at 31 Aug 2026; may contain errors or be out of date.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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What does Magnet Services Limited sell?
Registered activity: Agents involved in the sale of machinery, industrial equipment, ships and aircraft (SIC 46140). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MAGNET SERVICES LIMITED is an active private limited company (company number 01534188) incorporated on 11 December 1980, registered in Colchester. Its registered activity is agents involved in the sale of machinery, industrial equipment, ships and aircraft (SIC 46140). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £98k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 22% on the prior period (£126k).
Peer position · net assets
By net assets it sits in the upper half of 59 comparable companies in Essex (median £93k, upper quartile £359k).
02
Ownership and control
- Mr Derek Charles White
- holds 75–100% of voting rights
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
- 11 December 198045 yrs ago
- Next accounts due
- 31 May 2027in 219 days
- Confirmation statement due
- 25 December 2026in 62 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 46140
- Agents involved in the sale of machinery, industrial equipment, ships and aircraft
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
3
No changevs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | £98k | — | — | £24k | — | −£28k | 3 |
| 31 August 2024 | £126k | — | — | £116k | — | −£57k | 3 |
Current ratio4.92Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets above zeroNet assets £98,100 at 31 August 2025
- Current assets at least 1.5× creditors within one yearCurrent ratio 4.92
- Incorporated five or more years agoIncorporated 11 December 1980
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
- Next accounts duein 219 days
- Confirmation statement duein 62 days
- Accounts period endNet assets £98k · micro accounts
- Accounts period endNet assets £126k · micro accounts
- Incorporated
08
Similar companies in Essex
- RAY MOSS AIR TOOL SERVICES LIMITEDHarlow · inc. Sept 1980
- LEUCO (GREAT BRITAIN) LIMITEDBishops Stortford · inc. May 1981
- KILN SUPPLY SERVICES LIMITEDRayleigh · inc. Jun 1980
- INDUSTRIAL TOOL SUPPLIES (LONDON) LIMITEDHarlow · inc. Aug 1979
- RELIANT ENGINEERS LIMITEDLeigh-On-Sea · inc. Dec 1982
- GRAVESEND MARINE LIMITEDBenfleet · inc. Jun 1983
All companies incorporated on 11 December 1980 · in Dec 1980.
09
Reminders for MAGNET SERVICES LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.