# MAGNET CONTRACTS LIMITED (04429756)

> MAGNET CONTRACTS LIMITED is an active private limited company (company number 04429756) incorporated on 1 May 2002, registered in Dukinfield. Its registered activity is repair of electrical equipment (SIC 33140). Latest small accounts cover the period ending 31 May 2025, showing net assets of £170k and cash of £171k, with 1 employee on average. Net assets rose 7% on the prior period (£159k).

- Status: Active
- Incorporated: 2002-05-01
- Registered office: Dukinfield, SK16 5EG
- SIC 33140: Repair of electrical equipment
- SIC 43210: Electrical installation
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-15
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 177 comparable companies in Manchester (median £3,100, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £170k | £171k | £13k | — | — | — | 1 |
| 2024-05-31 | £159k | £152k | £13k | — | — | — | 1 |

size band micro.

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

- Net assets above zero: Net assets £169,539 at 31 May 2025
- Cash at bank of £50,000 or more: Cash £171,327
- Incorporated five or more years ago: Incorporated 1 May 2002

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

## Persons with significant control

- Mr James Leslie Donbavand — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-11-22

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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/04429756
HTML: https://firmoscan.com/company/04429756-magnet-contracts-limited