Website & contact details
- Website
Magnet Services Limited
- Incorporated
- 11 December 1980 (45 years)
- Industry
- Agents involved in the sale of machinery, industrial equipment, ships and aircraft (46140)
- Directors
- Controlled by
- Derek Charles White
- Accounts type
- Micro entity
- Region
- East of England
- Address
- 2 Beacon End CourtyardLondon Road StanwayColchesterCO3 0NU
Filing status
- Accounts due
- 31 May 2027
- Last accounts
- 31 August 2025
- Conf. stmt due
- 25 July 2027
- Last conf. stmt
- 11 July 2026
Charges
- Total
- 1
- Outstanding
- 0
- Part satisfied
- 0
- Satisfied
- 1
Officers 3 active
Officer details are public data from the Companies House register.
British
British
Born September 1948 (78)
British
Born December 1949 (76)
Officer history (2 former)
23 April 2007
22 December 1999
27 February 1998
Resigned Rugg, Graeme Michael as Director
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
British
Born September 1948 (78)
Financials
Balance sheet as at 31 August 2025 · micro entity accounts
- Net Assets
- £98,100
- Profit
- (£27,595)
- Debt Ratio
- 19%
- Current Ratio
- 4.9x
- Return on Equity
- -28%
Trend
Net Assets
Balance sheet detail
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Fixed Assets | £5,567 | £4,863 | £7,600 | £9,500 | £12,147 | £14,510 | |
| Current Assets | £116,136 | £243,885 | £373,785 | £406,384 | £355,381 | £307,441 | |
| Creditors (< 1 year) | £23,603 | £115,553 | £143,380 | £159,080 | £191,342 | £185,461 | £217,390 |
| Creditors (> 1 year) | £0 | £7,500 | £27,500 | £37,500 | £47,193 | £50,000 | |
| Net Current Assets | £92,533 | £128,332 | £214,705 | £215,042 | £169,920 | £90,051 | |
| Net Assets | £98,100 | £125,695 | £184,805 | £177,349 | £132,067 | ||
| Shareholder Funds | £98,100 | £125,695 | £184,805 | £177,349 | £132,067 | £104,561 |
What Magnet Services say about themselves
“Magnet Services are an established engineering company based near Colchester, Essex. They have many years of experience in the sale and repair of a wide range of industrial magnets, scrap handling magnets and steel magnets used in the recycling, waste management and steel industries.”
Filings
Filing history not loaded yet. See it on Companies House
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