# ABEL MAGNETS LIMITED (03671776)

> ABEL MAGNETS LIMITED is an active private limited company (company number 03671776) incorporated on 23 November 1998, registered in Sheffield. Its registered activity is other manufacturing n.e.c. (SIC 32990). Latest small accounts cover the period ending 31 March 2026, showing net assets of £1.28m and cash of £620k, with 8 employees on average. Net assets rose 5% on the prior period (£1.22m).

- Status: Active
- Incorporated: 1998-11-23
- Registered office: Sheffield, S8 0TB
- SIC 32990: Other manufacturing n.e.c.
- Next accounts due: 2027-12-31
- Confirmation statement due: 2026-12-07
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 461 comparable companies in Sheffield (median £22k, upper quartile £252k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £1.28m | £620k | £589k | £320k | — | — | 8 |
| 2025-03-31 | £1.22m | £549k | £464k | £282k | — | — | 9 |

current ratio 4.89; size band micro.

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

- Net assets above zero: Net assets £1,282,464 at 31 March 2026
- Current assets at least 1.5× creditors within one year: Current ratio 4.89
- Cash at bank of £50,000 or more: Cash £619,506
- Incorporated five or more years ago: Incorporated 23 November 1998

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

## Persons with significant control

- Mr Mark Geoffrey Brookes — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-11-23

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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/03671776
HTML: https://firmoscan.com/company/03671776-abel-magnets-limited