MAGNET FOOD LTDActive

Company number SC694561Private limited companyIncorporated 2021

Key figures

£74,193+123.0%
Net assets 2024/25
+56.1%
Average annual growth 2021/22–2024/25
020 k40 k60 k80 k2021/222022/232023/242024/25

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

Ratios

2024/25
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
050 k100 k150 k2021/222022/232023/242024/25
Filed accounts2021/22–2024/25
2021/222022/232023/242024/25
Cash at bank and in hand7,32912,58633,92478,464
Total assets33,76728,86945,835132,767
Total liabilities14,2783,86312,56358,574
Net assets / total equity19,48925,00633,27274,193
Average number of employees3312

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 FOOD LTD

Company

MAGNET FOOD LTD is a private limited company registered with Companies House under company number SC694561. It was incorporated on 6 Apr 2021. Its status is active. The registered office is in Peterhead (AB42). Its nature of business (SIC 2007) is retail sale in non-specialised stores with food, beverages or tobacco predominating (47110).

Accounts

The latest accounts in the database are for 2024/25 (period ending 30 Apr 2025); the company files abridged accounts (unaudited). Net assets were £74,193, up 123% on the previous year. Cash at bank and in hand was £78,464. Total assets were £132,767 and total liabilities £58,574. The company had an average of 2 employees. Figures are available for 4 financial years (2021/22–2024/25).

Control and charges

One person with significant control is registered.

Filing deadlines

The next accounts are due by 31 Jan 2027. The next confirmation statement is due by 19 Apr 2027.