MAGNETIC SYSTEMS TECHNOLOGY LIMITED
Company number 02763007 · Active
MAGNETIC SYSTEMS TECHNOLOGY LIMITED is a private limited company registered in ROTHERHAM, United Kingdom, incorporated on 9 Nov 1992. Its registered activity is manufacture of electric motors, generators and transformers. Its latest published accounts for the period ending 31 Dec 2022 show equity of £4.1m, total assets of £14.8m, turnover of £23.0m, a result of £1.1m. It has filed 4 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 91 % 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
- 02763007 · official register
- Status
- Active
- Legal form
- Private Limited Company
- Incorporated
- 9 Nov 1992 (34 years)
- Registered address
- S60 1FH ROTHERHAM
- Postcode area
- Sheffield
- Activity
- 27110 Manufacture of electric motors, generators and transformers
- Industry
- Manufacture of electrical equipment
- Accounts overdue
- Yes
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 |
|---|---|---|---|---|---|---|---|---|
| 31 Dec 2022 | 15 Aug 2023 | £23.0m | £1.1m | £4.1m | £14.8m | £9.9m | £154k | 159 |
| 31 Dec 2021 | 15 Sep 2022 | £10.9m | £217k | £3.0m | £12.0m | £7.5m | £762k | 131 |
| 31 Dec 2020 | 15 Sep 2021 | – | −£23k | £2.6m | £8.3m | £4.2m | £357k | 102 |
| 31 Dec 2019 | 15 Sep 2020 | – | £908k | £2.6m | £6.3m | £2.9m | £161k | 95 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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Questions about MAGNETIC SYSTEMS TECHNOLOGY LIMITED
What is the company number of MAGNETIC SYSTEMS TECHNOLOGY LIMITED?
MAGNETIC SYSTEMS TECHNOLOGY LIMITED is registered under company number 02763007 in the official register of United Kingdom. View it at the official register.
Is MAGNETIC SYSTEMS TECHNOLOGY LIMITED still active?
Yes. MAGNETIC SYSTEMS TECHNOLOGY LIMITED is registered as active (status: Active).
Has MAGNETIC SYSTEMS TECHNOLOGY LIMITED gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for MAGNETIC SYSTEMS TECHNOLOGY LIMITED in the official data.
How likely is MAGNETIC SYSTEMS TECHNOLOGY LIMITED to become insolvent?
Our model estimates a 0.07 % probability that MAGNETIC SYSTEMS TECHNOLOGY LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 91 % of active companies in the United Kingdom.
When was MAGNETIC SYSTEMS TECHNOLOGY LIMITED founded?
MAGNETIC SYSTEMS TECHNOLOGY LIMITED was incorporated on 9 Nov 1992.
Where is MAGNETIC SYSTEMS TECHNOLOGY LIMITED registered?
MAGNETIC SYSTEMS TECHNOLOGY LIMITED's registered address is in S60 1FH ROTHERHAM (Sheffield), United Kingdom.
What do the latest accounts of MAGNETIC SYSTEMS TECHNOLOGY LIMITED show?
The latest published accounts (period ending 31 Dec 2022) show equity of £4.1m, total assets of £14.8m, turnover of £23.0m, a result of £1.1m, 159 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.