Magnet Plant Hire Ltd
11040511
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 29/10/2025
Due 12/11/2026
Industry
Officers
director · Since 31/10/2017
BUILDER
BRITISH · ENGLAND · Age 44
Also on 1 other board
director · Since 31/10/2017
ELECTRICAL ENGINEER
BRITISH · UNITED KINGDOM · Age 37
Persons with Significant Control
Mr Tristan Andrew Magnet
British · United Kingdom · Age 37
Copyholt Farm Buildings, Copyholt Lane, Bromsgrove, B60 3AY
Notified 31/10/2017
Mr Craig Magnet
British · United Kingdom · Age 44
Copyholt Farm Buildings, Copyholt Lane, Bromsgrove, B60 3AY
Notified 31/10/2017
Change History
Active
Private Limited Company
8 CHURCH GREEN EAST
REDDITCH
CompanyRankvs 2342+ SIC 77320 peers43
Show leaderboard
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 31/03/2025
Net Worth
£83k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
-£141k
Working capital
Current Assets
£71k
Current Liabilities
£212k
Fixed Assets
£273k
Debtors
£39k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.34 | +£51k |
| 2024 | 0.26 | +£16k |
| 2023 | 0.25 | — |
Derived from filed accounts. Not audited figures.