MAGNETIC BUSINESS DEVELOPMENT LTDActive
Key figures
Like most small UK companies, MAGNETIC BUSINESS DEVELOPMENT LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2024/25Balance sheet structure
Filed accounts2019/20–2024/25
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Cash at bank and in hand | 242,312 | 358,937 | 410,125 | 415,355 | 558,819 |
| Total assets | 340,845 | 438,243 | 529,138 | 702,078 | 888,817 |
| Total liabilities | 79,154 | 97,396 | 102,513 | — | 161,906 |
| Net assets / total equity | 271,440 | 362,469 | 448,563 | 558,496 | 739,389 |
| Average number of employees | 5 | 5 | 8 | 9 | 0 |
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.
Summary: MAGNETIC BUSINESS DEVELOPMENT LTD
Company
MAGNETIC BUSINESS DEVELOPMENT LTD is a private limited company registered with Companies House under company number 05588053. It was incorporated on 10 Oct 2005. Its status is active. The registered office is in Eastbourne (BN23). Its nature of business (SIC 2007) is management consultancy activities other than financial management (70229).
Accounts
The latest accounts in the database are for 2024/25 (period ending 31 Oct 2025); the company files small company accounts (filleted). Net assets were £739,389, up 32.4% on the previous year. Cash at bank and in hand was £558,819. Total assets were £888,817 and total liabilities £161,906. The company had an average of 0 employees. Figures are available for 6 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 Jul 2027. The next confirmation statement is due by 24 Oct 2026.