£129k
−16%vs Jun 2024Active01940441Private limited companyPortsmouth
MAGNETEC LIMITED
Significant control: Kevin Leonard Matchan (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From public filings as at 31 Aug 2026; may contain errors or be out of date.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 Magnetec Limited sell?
Registered activity: Freight transport by road (SIC 49410). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MAGNETEC LIMITED is an active private limited company (company number 01940441) incorporated on 20 August 1985, registered in Portsmouth. Its registered activity is freight transport by road (SIC 49410). Latest small accounts cover the period ending 30 June 2025, showing net assets of £129k and cash of £61k, with 17 employees on average. Net assets fell 16% on the prior period (£154k).
Peer position · net assets
By net assets it sits in the top quarter of 192 comparable companies in Portsmouth (median £1,369, upper quartile £16k).
02
Ownership and control
- Mr Kevin Leonard Matchan
- owns 75–100% of shares
- holds 75–100% of voting rights
- Peter Leonard Davis Matchan
- owns 25–50% of shares
- holds 25–50% 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
- 20 August 198541 yrs ago
- Next accounts due
- 30 March 2027in 157 days
- Confirmation statement due
- 3 September 2027in 314 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 49410
- Freight transport by road
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£61k
−24%vs Jun 2024Not reported
17
−11%vs Jun 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2025 | £129k | £61k | £154k | — | — | — | 17 |
| 30 June 2024 | £154k | £80k | £171k | — | — | — | 19 |
Cash per employee£3,587Cash ÷ 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 £128,716 at 30 June 2025
- Cash at bank of £50,000 or moreCash £60,986
- Incorporated five or more years agoIncorporated 20 August 1985
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 314 days
- Next accounts duein 157 days
- Accounts period endNet assets £129k · small accounts
- Accounts period endNet assets £154k · small accounts
- Incorporated
08
Similar companies in Portsmouth
- GEORGE JENKINS TRANSPORT LIMITEDSandown · inc. Sept 1987
- WORKSPAN LIMITEDFareham · inc. Sept 1987
- VALNA LIMITEDSouthsea · inc. Nov 1987
- FREIGHT TRANSPORT LIMITEDPortsmouth · inc. Aug 1988
- CHICHESTER HAULAGE SERVICES LIMITEDChichester · inc. Sept 1990
- CHURCHILL FREIGHT SERVICES LIMITEDChichester · inc. Apr 1980
All companies incorporated on 20 August 1985 · in Aug 1985.
09
Reminders for MAGNETEC LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.