# MAGNET EXPERT LTD (06728679)

> MAGNET EXPERT LTD is an active private limited company (company number 06728679) incorporated on 21 October 2008, registered in Tuxford. Its registered activity is wholesale of metals and metal ores (SIC 46720). Latest small accounts cover the period ending 31 December 2025, showing net assets of £2.49m and cash of £1.22m, with 19 employees on average. Net assets rose 9% on the prior period (£2.29m).

- Status: Active
- Incorporated: 2008-10-21
- Registered office: Tuxford, NG22 0PQ
- SIC 46720: Wholesale of metals and metal ores
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-11-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 888 comparable companies in the UK (median £52k, upper quartile £667k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £2.49m | £1.22m | £918k | — | — | — | 19 |
| 2024-12-31 | £2.29m | £661k | £1.08m | — | — | — | 22 |

size band small.

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

- Net assets above zero: Net assets £2,492,872 at 31 December 2025
- Cash at bank of £50,000 or more: Cash £1,218,940
- Incorporated five or more years ago: Incorporated 21 October 2008

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

## Persons with significant control

- Ellis Mather Group Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights, 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/06728679
HTML: https://firmoscan.com/company/06728679-magnet-expert-ltd