MAGNETIC FIELDS LIMITED

Company number 02661658 · Active

MAGNETIC FIELDS LIMITED is a private limited company registered in WAREHAM, United Kingdom, incorporated on 8 Nov 1991. Its registered activity is manufacture of electric motors, generators and transformers. Its latest published accounts for the period ending 30 Nov 2025 show equity of £843, total assets of £21k. It has filed 7 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Industry2.6×27 · 0.31 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

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
02661658 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
8 Nov 1991 (35 years)
Registered address
BH20 7BD WAREHAM
Postcode area
Bournemouth
Activity
27110 Manufacture of electric motors, generators and transformers
Industry
Manufacture of electrical equipment
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Nov 202526 Aug 2026– –£843£21k £19k–1
30 Nov 202415 Aug 2025– –−£7,402£15k £22k–1
30 Nov 202315 Aug 2024– –−£4,696£18k £22k–1
30 Nov 202215 Jul 2023– –£490£24k £23k–1
30 Nov 202115 Aug 2022– –£4,250£32k £27k–1
30 Nov 202015 Aug 2021– –£4,774£35k £30k£27k1
30 Nov 201915 Aug 2020– –£3,857£33k £29k£25k1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about MAGNETIC FIELDS LIMITED

What is the company number of MAGNETIC FIELDS LIMITED?

MAGNETIC FIELDS LIMITED is registered under company number 02661658 in the official register of United Kingdom. View it at the official register.

Is MAGNETIC FIELDS LIMITED still active?

Yes. MAGNETIC FIELDS LIMITED is registered as active (status: Active).

Has MAGNETIC FIELDS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGNETIC FIELDS LIMITED in the official data.

How likely is MAGNETIC FIELDS LIMITED to become insolvent?

Our model estimates a 0.00 % probability that MAGNETIC FIELDS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was MAGNETIC FIELDS LIMITED founded?

MAGNETIC FIELDS LIMITED was incorporated on 8 Nov 1991.

Where is MAGNETIC FIELDS LIMITED registered?

MAGNETIC FIELDS LIMITED's registered address is in BH20 7BD WAREHAM (Bournemouth), United Kingdom.

What do the latest accounts of MAGNETIC FIELDS LIMITED show?

The latest published accounts (period ending 30 Nov 2025) show equity of £843, total assets of £21k, 1 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 9 Nov 2026.