MAGNET STORE LTD

Company number 10908449 · Active

MAGNET STORE LTD is a private limited company registered in LEIGH, United Kingdom, incorporated on 10 Aug 2017. Its registered activity is wholesale of metals and metal ores. Its latest published accounts for the period ending 31 Aug 2025 show equity of £198k, total assets of £304k. It has filed 7 sets of accounts, 1 of them after the deadline. 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 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Industry1.7×46 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Company age (years)1.6×6.256–12.986 · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Region0.6×WN · 0.07 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Cash ÷ assets0.9×0.578498–0.951833 · 0.10 % 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
10908449 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
10 Aug 2017 (9 years)
Registered address
WN7 5SE LEIGH
Postcode area
Wigan
Activity
46720 Wholesale of metals and metal ores
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Aug 202515 Jun 2026– –£198k£304k £106k£212k2
31 Aug 202415 May 2025– –£87k£133k £47k£97k2
31 Aug 202315 May 2024– –£68k£87k £19k£60k2
31 Aug 202215 May 2023– –£57k£67k £10k£51k2
31 Aug 202115 May 2022– –£38k£44k £5,747£31k2
31 Aug 202015 May 2021– –£21k£33k £12k£13k2
31 Aug 201915 May 2020– –£14k£26k £12k£12k0

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

Similar companies in Wigan

Questions about MAGNET STORE LTD

What is the company number of MAGNET STORE LTD?

MAGNET STORE LTD is registered under company number 10908449 in the official register of United Kingdom. View it at the official register.

Is MAGNET STORE LTD still active?

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

Has MAGNET STORE LTD gone bankrupt or into insolvency?

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

How likely is MAGNET STORE LTD to become insolvent?

Our model estimates a 0.00 % probability that MAGNET STORE LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was MAGNET STORE LTD founded?

MAGNET STORE LTD was incorporated on 10 Aug 2017.

Where is MAGNET STORE LTD registered?

MAGNET STORE LTD's registered address is in WN7 5SE LEIGH (Wigan), United Kingdom.

What do the latest accounts of MAGNET STORE LTD show?

The latest published accounts (period ending 31 Aug 2025) show equity of £198k, total assets of £304k, 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 8 Nov 2026.