−£13k
vs May 2025Active15714508Private limited companyGreat Yarmouth
MAGNETRACE LTD
Significant control: Aydan Kamil Tanseli (25–50%), Naci Aydin Tanseli (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date.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 Magnetrace Ltd sell?
Registered activity: Manufacture of other special-purpose machinery n.e.c. (SIC 28990). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MAGNETRACE LTD is an active private limited company (company number 15714508) incorporated on 11 May 2024, registered in Great Yarmouth. Its registered activity is manufacture of other special-purpose machinery n.e.c. (SIC 28990). Latest micro accounts cover the period ending 31 May 2026, showing net assets of −£13k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 15% on the prior period (−£11k).
Peer position · net assets
By net assets it sits in the bottom quarter of 526 comparable companies in Other (median £40k, upper quartile £399k).
02
Ownership and control
- Mr Aydan Kamil Tanseli
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Naci Aydin Tanseli
- 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
- 11 May 20242 yrs ago
- Next accounts due
- 29 February 2028in 493 days
- Confirmation statement due
- 25 May 2027in 213 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 28990
- Manufacture of other special-purpose machinery n.e.c.
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
2
No changevs May 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2026 | −£13k | — | — | — | — | — | 2 |
| 31 May 2025 | −£11k | — | — | — | — | — | 2 |
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 below zeroNet assets £-12,653 at 31 May 2026
- Incorporated two to five years agoIncorporated 11 May 2024
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 493 days
- Confirmation statement duein 213 days
- Accounts period endNet liabilities £13k · micro accounts
- Accounts period endNet liabilities £11k · micro accounts
- Incorporated
08
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All companies incorporated on 11 May 2024 · in May 2024.
09
Reminders for MAGNETRACE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.