MAGNET INSURANCE SERVICES LTDActive

Company number 06664153Private limited companyIncorporated 2008

Key figures

£324,418+47.4%
Net assets 2025
+2.2%
Average annual growth 2020–2025
0200 k400 k600 k202020212022202320242025

Like most small UK companies, MAGNET INSURANCE SERVICES LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2025
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
0500 k1 m1.5 m202020212022202320242025
Filed accounts2020–2025
20212022202320242025
Cash at bank and in hand472,395379,95595,598161,901251,912
Total assets572,183428,484225,980290,444406,121
Total liabilities—————
Net assets / total equity481,586410,905147,279220,136324,418
Average number of employees1814101111

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: MAGNET INSURANCE SERVICES LTD

Company

MAGNET INSURANCE SERVICES LTD is a private limited company registered with Companies House under company number 06664153. It was incorporated on 5 Aug 2008. Its status is active. The registered office is in Newark (NG24). Its nature of business (SIC 2007) is non-life insurance (65120).

Accounts

The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files small company accounts (filleted). Net assets were £324,418, up 47.4% on the previous year. Cash at bank and in hand was £251,912. The company had an average of 11 employees. Figures are available for 6 financial years (2020–2025).

Control and charges

One person with significant control is registered.

Filing deadlines

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 19 May 2027.