MAGNET AUTOS LTD

Company number 07706599 · Active

MAGNET AUTOS LTD is a private limited company registered in SOUTHPORT, United Kingdom, incorporated on 15 Jul 2011. Its registered activity is maintenance and repair of motor vehicles. Its latest published accounts for the period ending 31 Jul 2025 show equity of £100, total assets of £100. It has filed 7 sets of accounts. 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 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Region4.9×PR · 0.57 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Equity change ÷ assets1.5×0–0.113215 · 0.18 % became insolvent
Days since last period end1.4×427–543 · 0.16 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent
Industry1.3×45 · 0.15 % became insolvent

Lowers the risk

Accounts type0.1×dormant · 0.01 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Total assets (log)0.3×< 2.87772 · 0.03 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Cash ÷ assets0.4×≥ 0.951833 · 0.05 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % 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
07706599 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
15 Jul 2011 (15 years)
Registered address
PR9 0PG SOUTHPORT
Postcode area
Preston
Activity
45200 Maintenance and repair of motor vehicles
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jul 202515 Mar 2026– –£100£100 £0£1002
31 Jul 202415 Jan 2025– –£100£100 £0£1002
31 Jul 202315 Feb 2024– –£100– –£1003
31 Jul 202215 Oct 2022– –£100– –£100–
31 Jul 202115 Jan 2022– –£100– –£100–
31 Jul 202015 Dec 2020– –£100– –£100–
31 Jul 201915 Mar 2020– –£100– –£100–

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

Similar companies in Preston

Questions about MAGNET AUTOS LTD

What is the company number of MAGNET AUTOS LTD?

MAGNET AUTOS LTD is registered under company number 07706599 in the official register of United Kingdom. View it at the official register.

Is MAGNET AUTOS LTD still active?

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

Has MAGNET AUTOS LTD gone bankrupt or into insolvency?

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

How likely is MAGNET AUTOS LTD to become insolvent?

Our model estimates a 0.01 % probability that MAGNET AUTOS LTD becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was MAGNET AUTOS LTD founded?

MAGNET AUTOS LTD was incorporated on 15 Jul 2011.

Where is MAGNET AUTOS LTD registered?

MAGNET AUTOS LTD's registered address is in PR9 0PG SOUTHPORT (Preston), United Kingdom.

What do the latest accounts of MAGNET AUTOS LTD show?

The latest published accounts (period ending 31 Jul 2025) show equity of £100, total assets of £100, 2 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.