MAGNET PROPERTIES CONSTRUCTION LTD

Company number 06369509 · Active

MAGNET PROPERTIES CONSTRUCTION LTD is a private limited company registered in LUTON, United Kingdom, incorporated on 12 Sep 2007. Its registered activity is other construction installation. Its latest published accounts for the period ending 31 Mar 2025 show equity of −£7,741, total assets of £7,116. It has filed 6 sets of accounts, 3 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 81 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Industry2.0×43 · 0.23 % became insolvent

Lowers the risk

Region0.2×LU · 0.02 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 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
06369509 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
12 Sep 2007 (19 years)
Registered address
LU1 3BS LUTON
Postcode area
Luton
Activity
43290 Other construction installation
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –−£7,741£7,116 ––1
31 Mar 202415 Dec 2024– –£1,276£8,895 ––1
31 Mar 202315 Dec 2023– –−£4,457£27k £31k£02
31 Mar 202215 Apr 2023– –£245£22k £22k£4,1541
26 Dec 202015 Nov 2021– –£25k£64k £89k–2
31 Dec 201915 Mar 2021– –£35k£95k £60k–2

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

Similar companies in Luton

Questions about MAGNET PROPERTIES CONSTRUCTION LTD

What is the company number of MAGNET PROPERTIES CONSTRUCTION LTD?

MAGNET PROPERTIES CONSTRUCTION LTD is registered under company number 06369509 in the official register of United Kingdom. View it at the official register.

Is MAGNET PROPERTIES CONSTRUCTION LTD still active?

Yes. MAGNET PROPERTIES CONSTRUCTION LTD is registered as active (status: Active).

Has MAGNET PROPERTIES CONSTRUCTION LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGNET PROPERTIES CONSTRUCTION LTD in the official data.

How likely is MAGNET PROPERTIES CONSTRUCTION LTD to become insolvent?

Our model estimates a 0.01 % probability that MAGNET PROPERTIES CONSTRUCTION LTD becomes insolvent within the next 12 months (low risk). That is higher than 81 % of active companies in the United Kingdom.

When was MAGNET PROPERTIES CONSTRUCTION LTD founded?

MAGNET PROPERTIES CONSTRUCTION LTD was incorporated on 12 Sep 2007.

Where is MAGNET PROPERTIES CONSTRUCTION LTD registered?

MAGNET PROPERTIES CONSTRUCTION LTD's registered address is in LU1 3BS LUTON (Luton), United Kingdom.

What do the latest accounts of MAGNET PROPERTIES CONSTRUCTION LTD show?

The latest published accounts (period ending 31 Mar 2025) show equity of −£7,741, total assets of £7,116, 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.