MAGNETEC LIMITED
Company number 01940441 · Active
MAGNETEC LIMITED is a private limited company registered in PORTSMOUTH, United Kingdom, incorporated on 20 Aug 1985. Its registered activity is freight transport by road. Its latest published accounts for the period ending 30 Jun 2025 show equity of £129k, total assets of £222k. It has filed 6 sets of accounts. Our model estimates a 0.07 % probability that it becomes insolvent within 12 months, 0.6 times the average for active companies (low risk).
Insolvency risk, next 12 months
Higher than 92 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).
Raises the risk
Lowers the risk
Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.
Company details
- Company number
- 01940441 · official register
- Status
- Active
- Legal form
- Private Limited Company
- Incorporated
- 20 Aug 1985 (41 years)
- Registered address
- PO6 1SU PORTSMOUTH
- Postcode area
- Portsmouth
- Activity
- 49410 Freight transport by road
- Industry
- Land transport
- Accounts overdue
- No
Insolvency and register events
No insolvency or liquidation events on record.
Annual accounts GBP
| Period end | Published | Turnover | Result | Equity | Total assets | Current liabilities | Cash | Employees |
|---|---|---|---|---|---|---|---|---|
| 30 Jun 2025 | 15 Feb 2026 | – | – | £129k | £222k | £94k | £61k | 17 |
| 30 Jun 2024 | 15 Oct 2024 | – | – | £154k | £261k | £107k | £80k | 19 |
| 30 Jun 2022 | 15 Sep 2022 | – | – | £204k | £333k | £127k | £138k | 18 |
| 30 Jun 2021 | 15 Aug 2021 | – | – | £165k | £271k | £104k | £97k | 17 |
| 30 Jun 2020 | 15 Oct 2020 | – | – | £132k | £218k | £86k | £91k | 19 |
| 30 Jun 2019 | 15 Jan 2020 | – | – | £148k | £251k | £103k | £63k | 18 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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Questions about MAGNETEC LIMITED
What is the company number of MAGNETEC LIMITED?
MAGNETEC LIMITED is registered under company number 01940441 in the official register of United Kingdom. View it at the official register.
Is MAGNETEC LIMITED still active?
Yes. MAGNETEC LIMITED is registered as active (status: Active).
Has MAGNETEC LIMITED gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for MAGNETEC LIMITED in the official data.
How likely is MAGNETEC LIMITED to become insolvent?
Our model estimates a 0.07 % probability that MAGNETEC LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 92 % of active companies in the United Kingdom.
When was MAGNETEC LIMITED founded?
MAGNETEC LIMITED was incorporated on 20 Aug 1985.
Where is MAGNETEC LIMITED registered?
MAGNETEC LIMITED's registered address is in PO6 1SU PORTSMOUTH (Portsmouth), United Kingdom.
What do the latest accounts of MAGNETEC LIMITED show?
The latest published accounts (period ending 30 Jun 2025) show equity of £129k, total assets of £222k, 17 employees.
Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.