# MAGNET PROPERTIES CONSTRUCTION LTD (06369509)

> MAGNET PROPERTIES CONSTRUCTION LTD is an active private limited company (company number 06369509) incorporated on 12 September 2007, registered in Luton. Its registered activity is other construction installation (SIC 43290). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£7,741, with 1 employee on average. Net assets fell 707% on the prior period (£1,276).

- Status: Active
- Incorporated: 2007-09-12
- Registered office: Luton, LU1 3BS
- SIC 43290: Other construction installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-09-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 138 comparable companies in Luton (median £5,899, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£7,741 | — | £20k | — | — | — | 1 |
| 2024-03-31 | £1,276 | — | £22k | — | — | — | 1 |

size band micro.

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

- Net assets below zero: Net assets £-7,741 at 31 March 2025
- Net assets down 25% or more on the prior period: -706.7% vs prior period
- Incorporated five or more years ago: Incorporated 12 September 2007

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

## Persons with significant control

- Mr Jonathan Floyd Schuman — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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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/06369509
HTML: https://firmoscan.com/company/06369509-magnet-properties-construction-ltd