MAGNET SERVICES LIMITEDActive

Company number 01534188Private limited companyIncorporated 1980

Key figures

£98,100-22.0%
Net assets 2024/25
-7.2%
Average annual change 2019/20–2024/25
050 k100 k150 k200 k2019/202020/212021/222023/242024/25

MAGNET SERVICES LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.

Ratios

2024/25
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
0200 k400 k600 k2019/202020/212021/222023/242024/25
Filed accounts2019/20–2024/25
2019/202020/212021/222023/242024/25
Profit for the year————-27,595
Total assets367,528415,884381,385248,748121,703
Total liabilities————23,603
Net assets / total equity132,067177,349184,805125,69598,100
Average number of employees66430

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

selling and maintaining mechanical grabs and industrial magnets.

As described in the company's latest filed accounts.

Summary: MAGNET SERVICES LIMITED

Company

MAGNET SERVICES LIMITED is a private limited company registered with Companies House under company number 01534188. It was incorporated on 11 Dec 1980. Its status is active. The registered office is in Colchester (CO3). Its nature of business (SIC 2007) is agents involved in the sale of machinery, industrial equipment, ships and aircraft (46140).

Accounts

The latest accounts in the database are for 2024/25 (period ending 31 Aug 2025); the company files micro-entity accounts. Loss for the year was £27,595. Net assets were £98,100, down 22% on the previous year. Total assets were £121,703 and total liabilities £23,603. The company had an average of 0 employees. Figures are available for 5 financial years (2019/20–2024/25).

Control and charges

One person with significant control is registered.

Filing deadlines

The next accounts are due by 31 May 2027. The next confirmation statement is due by 25 Jul 2027.