MAGNATECH ELECTRONICS LIMITED

Company number 05365314 · Active

MAGNATECH ELECTRONICS LIMITED is a private limited company registered in NORTHUMBERLAND, United Kingdom, incorporated on 15 Feb 2005. Its registered activity is repair of electrical equipment. Its latest published accounts for the period ending 28 Feb 2026 show equity of £19k, total assets of £29k. 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

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent
Industry1.9×33 · 0.22 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Region1.6×NE · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % 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
05365314 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
15 Feb 2005 (22 years)
Registered address
NE42 6AU NORTHUMBERLAND
Postcode area
Newcastle upon Tyne
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
28 Feb 202615 Jun 2026– –£19k£29k £8,774£7,4820
28 Feb 202515 Nov 2025– –£15k£25k £8,255£7,7210
29 Feb 202415 Jun 2024– –£18k£27k £8,769£5,5661
28 Feb 202315 Jul 2023– –£25k£34k £8,692£6,4671
28 Feb 202215 Nov 2022– –£29k£39k £9,217£18k1
28 Feb 202115 Apr 2021– –£55k£61k £5,953£37k1
28 Feb 202015 Jul 2020– –£52k£61k £9,219£39k1

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

Similar companies in Newcastle upon Tyne

Questions about MAGNATECH ELECTRONICS LIMITED

What is the company number of MAGNATECH ELECTRONICS LIMITED?

MAGNATECH ELECTRONICS LIMITED is registered under company number 05365314 in the official register of United Kingdom. View it at the official register.

Is MAGNATECH ELECTRONICS LIMITED still active?

Yes. MAGNATECH ELECTRONICS LIMITED is registered as active (status: Active).

Has MAGNATECH ELECTRONICS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGNATECH ELECTRONICS LIMITED in the official data.

How likely is MAGNATECH ELECTRONICS LIMITED to become insolvent?

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

When was MAGNATECH ELECTRONICS LIMITED founded?

MAGNATECH ELECTRONICS LIMITED was incorporated on 15 Feb 2005.

Where is MAGNATECH ELECTRONICS LIMITED registered?

MAGNATECH ELECTRONICS LIMITED's registered address is in NE42 6AU NORTHUMBERLAND (Newcastle upon Tyne), United Kingdom.

What do the latest accounts of MAGNATECH ELECTRONICS LIMITED show?

The latest published accounts (period ending 28 Feb 2026) show equity of £19k, total assets of £29k, 0 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.