MAGNETIC I D LIMITED
ActiveKey figures
Like most small UK companies, MAGNETIC I D LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2024/25Sector comparison
SIC 62020Where the company stands among the 117,063 active companies whose first SIC code is 62020 (Information technology consultancy activities).
- LIVENOTE TECHNOLOGIES LIMITED£5.9bn
- ENTSERV UK LIMITED£2.2bn
- COGNIZANT WORLDWIDE LIMITED£1.7bn
- MICROSOFT LIMITED£1.6bn
- DATALINE SOFTWARE LIMITED£1.3bn
- SAGESOFT£1.2bn
- CAPGEMINI UK PLC£1.2bn
- IRIS SOFTWARE LIMITED£886.9m
- DEALOGIC LIMITED£792.8m
- KRONOS WORLDWIDE LIMITED£750m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 117,063. The line on each bar marks the median.
Summary: MAGNETIC I D LIMITED
What kind of company is it?
MAGNETIC I D LIMITED is a private limited company registered with Companies House under company number 06300291. It was incorporated on 3 Jul 2007. Its status is active. The registered office is in Crewe (CW1). Its nature of business (SIC 2007) is information technology consultancy activities (62020).
How is the company doing financially?
The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files micro-entity accounts. Net assets were £66,674, down 92.6% on the previous year. Total assets were £254,713 and total liabilities £188,039. The company had an average of 1 employee. Figures are available for 4 financial years (2021/22–2024/25).
How does it compare with similar companies?
Compared with 117,063 active companies whose first SIC code is 62020: By net assets it ranks higher than 76% of them (median £11,690). By total assets it ranks higher than 86% of them (median £36,573). By number of employees it is around the median of them (1). It is older than 90% of them (median age 6.0 years).
Who runs and controls the company?
The company has 2 current directors. One person with significant control is registered.
When are its next filings due?
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 29 Nov 2026.
Filed accounts2021/22–2024/25
| 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|
| Cash at bank and in hand | — | 88,862 | — | — |
| Total assets | 1,278,289 | 483,971 | 303,296 | 254,713 |
| Total liabilities | 1,789,729 | 1,182,217 | 1,201,466 | 188,039 |
| Net assets / total equity | 511,440 | -698,246 | 898,170 | 66,674 |
| Average number of employees | 8 | 6 | 2 | 1 |
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.
History
15 events- Financial year 2024/25 endedAccounts: net assets £66.7k, 1 employee
- Financial year 2023/24 endedAccounts: net assets £898.2k, 2 employees
- Financial year 2022/23 endedAccounts: net assets −£698.2k, 6 employees
- Financial year 2021/22 endedAccounts: net assets £511.4k, 8 employees
- Name changed to MAGNETIC I D LIMITEDPreviously INSPECTRON LIMITED
- Peter James HARRIS appointedDirector
- John Frederick HARVEY resignedDirector
- Leodin Limted registered as a person with significant control
Earlier events (7)
- Joanne DIGIACOMO resignedSecretary
- Joanne DIGIACOMO resignedDirector
- Allan Michael HARLE appointedDirector
- Joanne DIGIACOMO appointedSecretary
- Joanne DIGIACOMO appointedDirector
- John Frederick HARVEY appointedDirector
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.