MAGNETX LTD
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
Summary
MAGNETX LTD is an active private limited company (company number 13122192) incorporated on 8 January 2021, registered in London. Its registered activity is information technology consultancy activities (SIC 62020). Latest micro accounts cover the period ending 31 January 2026, showing net assets of £152k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 179% on the prior period (£54k).
By net assets it sits in the top quarter of 19,391 comparable companies in London (median £3,248, upper quartile £35k).
Key dates
- Incorporated
- 8 January 20215 yrs ago
- Next accounts due
- 31 October 2027in 374 days
- Confirmation statement due
- 22 January 2027in 92 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
Financials
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 January 2026 | £152k | — | — | £35k | — | — | 1 |
| 31 January 2025 | £54k | — | — | £4,280 | — | — | 0 |
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.
Filing and accounts signals
- Positive net assetsNet assets £151,805 at 2026-01-31
- Net assets growing+179.2% vs prior period
- Current assets at least 1.5× short-term creditorsCurrent ratio 5.16
- Incorporated five or more years agoIncorporated 2021-01-08 (6 years)
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 They are not a rating, a prediction or advice, and may be incomplete or out of date.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.
Ownership and control
- Mr Thomas Magnitis
- owns 75–100% of shares
- holds 75–100% 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.
Timeline
- Next accounts duein 374 days
- Confirmation statement duein 92 days
- Accounts period endNet assets £152k · micro accounts
- Accounts period endNet assets £54k · micro accounts
- Incorporated
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All companies incorporated on 8 January 2021 · in Jan 2021.
Reminders for MAGNETX LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.