# GLOBAL DIVING MAGNETS LTD (14991734)

> GLOBAL DIVING MAGNETS LTD is an active private limited company (company number 14991734) incorporated on 10 July 2023, registered in Billingham. Its registered activity is manufacture of other fabricated metal products n.e.c. (SIC 25990). Latest micro accounts cover the period ending 31 July 2025, showing net assets of −£8,059, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 585% on the prior period (−£1,177).

- Status: Active
- Incorporated: 2023-07-10
- Registered office: Billingham, TS22 5FL
- SIC 25990: Manufacture of other fabricated metal products n.e.c.
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-24
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 5,743 comparable companies in the UK (median £27k, upper quartile £236k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | −£8,059 | — | — | £20k | — | — | 0 |
| 2024-07-31 | −£1,177 | — | — | £7,485 | — | — | 0 |

current ratio 0.62; size band micro.

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

- Net assets below zero: Net assets £-8,059 at 31 July 2025
- Net assets down 25% or more on the prior period: -584.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.62
- Incorporated two to five years ago: Incorporated 10 July 2023

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

## Persons with significant control

- Mr Joe Winthrop — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-07-10

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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/14991734
HTML: https://firmoscan.com/company/14991734-global-diving-magnets-ltd