# MAGNETIC EVENTS LTD (06137772)

> MAGNETIC EVENTS LTD is an active private limited company (company number 06137772) incorporated on 5 March 2007, registered in Worthing. Its registered activity is other amusement and recreation activities n.e.c. (SIC 93290). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£31k and cash of £1,988, with 0 employees on average. Net assets fell 176% on the prior period (£40k).

- Status: Active
- Incorporated: 2007-03-05
- Registered office: Worthing, BN11 1RL
- SIC 93290: Other amusement and recreation activities n.e.c.
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-19
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 172 comparable companies in Brighton (median £1,387, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£31k | £1,988 | £44k | £78k | — | — | 0 |
| 2024-03-31 | £40k | £64k | £67k | £92k | — | — | — |

current ratio 0.59; size band micro.

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

- Net assets below zero: Net assets £-30,536 at 31 March 2025
- Net assets down 25% or more on the prior period: -176.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.59
- Incorporated five or more years ago: Incorporated 5 March 2007

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

## Persons with significant control

- Mr Robin David Morley — owns 50–75% of shares, since 2016-04-06

---
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/06137772
HTML: https://firmoscan.com/company/06137772-magnetic-events-ltd