MAGNET CONTRACTS LIMITED

Company number 04429756 · Active

MAGNET CONTRACTS LIMITED is a private limited company registered in DUKINFIELD, United Kingdom, incorporated on 1 May 2002. Its registered activity is repair of electrical equipment. Its latest published accounts for the period ending 31 May 2025 show equity of £170k, total assets of £184k. It has filed 6 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 80 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Industry1.9×33 · 0.22 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Equity change ÷ assets1.5×0–0.113215 · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % 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
04429756 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
1 May 2002 (25 years)
Registered address
SK16 5EG DUKINFIELD
Postcode area
Stockport
Activity
33140 Repair of electrical equipment
Industry
Repair and installation of machinery
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Jan 2026– –£170k£184k £15k£171k1
31 May 202415 Feb 2025– –£159k£165k £6,392£152k1
31 May 202215 Jan 2023– –£175k£185k £9,873£175k1
31 May 202115 Jan 2022– –£181k£190k £8,799£171k1
31 May 202015 Jan 2021– –£198k£208k £9,452£190k1
31 May 201915 Feb 2020– –£195k£212k £17k£182k1

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

Similar companies in Stockport

Questions about MAGNET CONTRACTS LIMITED

What is the company number of MAGNET CONTRACTS LIMITED?

MAGNET CONTRACTS LIMITED is registered under company number 04429756 in the official register of United Kingdom. View it at the official register.

Is MAGNET CONTRACTS LIMITED still active?

Yes. MAGNET CONTRACTS LIMITED is registered as active (status: Active).

Has MAGNET CONTRACTS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGNET CONTRACTS LIMITED in the official data.

How likely is MAGNET CONTRACTS LIMITED to become insolvent?

Our model estimates a 0.01 % probability that MAGNET CONTRACTS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 80 % of active companies in the United Kingdom.

When was MAGNET CONTRACTS LIMITED founded?

MAGNET CONTRACTS LIMITED was incorporated on 1 May 2002.

Where is MAGNET CONTRACTS LIMITED registered?

MAGNET CONTRACTS LIMITED's registered address is in SK16 5EG DUKINFIELD (Stockport), United Kingdom.

What do the latest accounts of MAGNET CONTRACTS LIMITED show?

The latest published accounts (period ending 31 May 2025) show equity of £170k, total assets of £184k, 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 8 Nov 2026.