Magnetic Systems Limited
02923277
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/04/1994
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 3 other boards
secretary · Since 30/04/2001
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 3 other boards
Persons with Significant Control
Mr Peter Brocklehurst
British · England · Age 58
5 John Street, South Yorkshire, S2 4QR
Notified 06/04/2016
CompanyRankvs 190+ SIC 25620 peers83
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£1.4M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£1.5M
Current Liabilities
£137k
Fixed Assets
£97k
Debtors
£229k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 10.66 | +£17k |
| 2024 | 8.52 | +£109k |
| 2023 | 6.83 | +£244k |
| 2022 | 5.61 | +£78k |
| 2021 | 7.47 | — |
Derived from filed accounts. Not audited figures.