# MAGNETO ELECTRICS LTD (13617394)

> MAGNETO ELECTRICS LTD is an active private limited company (company number 13617394) incorporated on 13 September 2021, registered in Hemel Hempstead. Its registered activity is repair of electrical equipment (SIC 33140). Latest micro accounts cover the period ending 30 September 2025, showing net assets of £28k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 41% on the prior period (£48k).

- Status: Active
- Incorporated: 2021-09-13
- Registered office: Hemel Hempstead, HP3 8EW
- SIC 33140: Repair of electrical equipment
- SIC 43210: Electrical installation
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-27
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 781 comparable companies in Other (median £7,493, upper quartile £43k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £28k | — | — | £2,495 | — | — | 3 |
| 2024-09-30 | £48k | — | — | £7,475 | — | — | 3 |

current ratio 28.69; size band micro.

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

- Net assets above zero: Net assets £28,179 at 30 September 2025
- Net assets down 25% or more on the prior period: -40.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 28.69
- Incorporated five or more years ago: Incorporated 13 September 2021

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

## Persons with significant control

- Mr Jason Stephen Moio — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-09-13

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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/13617394
HTML: https://firmoscan.com/company/13617394-magneto-electrics-ltd