# MAGNET SERVICES LIMITED (01534188)

> 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).

- Status: Active
- Incorporated: 1980-12-11
- Registered office: Colchester, CO3 0NU
- SIC 46140: Agents involved in the sale of machinery, industrial equipment, ships and aircraft
- Next accounts due: 2027-05-31
- Confirmation statement due: 2026-12-25
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 59 comparable companies in Essex (median £93k, upper quartile £359k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £98k | — | — | £24k | — | −£28k | 3 |
| 2024-08-31 | £126k | — | — | £116k | — | −£57k | 3 |

current ratio 4.92; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £98,100 at 31 August 2025
- Current assets at least 1.5× creditors within one year: Current ratio 4.92
- Incorporated five or more years ago: Incorporated 11 December 1980

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Derek Charles White — holds 75–100% of voting rights, since 2016-07-11

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/01534188
HTML: https://firmoscan.com/company/01534188-magnet-services-limited