MAGNETIC DEVELOPMENT LTD
Company number 13453174 · Active · Bury St Edmunds IP28 7DE
MAGNETIC DEVELOPMENT LTD is an active private limited company (company number 13453174) incorporated on 11 June 2021, registered in Bury St Edmunds. Its registered activity is manufacture of electronic components (SIC 26110). Latest abridged accounts cover the period ending 30 June 2025, showing net assets of £8,266 and cash of £6,516, with 1 employee on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 271% on the prior period (£2,229).
By net assets it sits in the lower half of 204 comparable companies in Other (median £35k, upper quartile £319k).
Key dates
- Incorporated
- 11 June 2021
- Next accounts due
- 30 March 2027 — in 162 days
- Confirmation statement due
- 25 June 2027 — in 249 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 26110
- Manufacture of electronic components
- SIC 29310
- Manufacture of electrical and electronic equipment for motor vehicles and their engines
- SIC 71121
- Engineering design activities for industrial process and production
- Accounts type
- Unaudited Abridged
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 June 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2025 | £8,266 | £6,516 | — | £15k | — | — | 1 |
| 30 June 2024 | £2,229 | £9,926 | — | £12k | — | — | 1 |
- Current ratio
- 0.44 — current liabilities exceed current assets
- Cash per employee
- £6,516
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 68/100 (grade B)
- +10 Positive net assets — Net assets £8,266 at 2025-06-30
- +8 Net assets growing — +270.8% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.44
- +8 Established — Incorporated 2021-06-11 (5 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Laszlo Kapusi — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 11 June 2021
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in the UK
Same activity (manufacture of electronic components), closest in incorporation date.
- KORPRO LIMITED — Poole, inc. Jun 2021
- SIMONZ.COM LTD — Midelhall, inc. Jul 2021
- GREENSTOCK HOLDINGS LIMITED — Lincoln, inc. Jul 2021
- EUGENTO LIMITED — Taunton, inc. Apr 2021
- ANGLIA (CHINA) LIMITED — Stafford, inc. Sept 2021
- GANWAVE LTD — Newport, inc. Feb 2021
Reminders for MAGNETIC DEVELOPMENT LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.