MAGNETO ELECTRICS LTD

Company number 13617394 · Active

MAGNETO ELECTRICS LTD is a private limited company registered in HEMEL HEMPSTEAD, United Kingdom, incorporated on 13 Sep 2021. Its registered activity is repair of electrical equipment. Its latest published accounts for the period ending 30 Sep 2025 show equity of £28k, total assets of £80k. It has filed 4 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 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees3.1×3–8 · 0.36 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Industry1.9×33 · 0.22 % became insolvent
Filing delay of last accounts (days)1.6×258–260 · 0.19 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Region0.2×HP · 0.03 % 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
13617394 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
13 Sep 2021 (5 years)
Registered address
HP3 8EW HEMEL HEMPSTEAD
Postcode area
Hemel Hempstead
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
30 Sep 202515 Jun 2026– –£28k£80k £2,495–3
30 Sep 202415 Mar 2025– –£51k£10k £7,475–0
30 Sep 202315 Jun 2024– –£30k£13k £18k–0
30 Sep 202215 Jan 2023– –£4,383£4,150 £1,005–0

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

Similar companies in Hemel Hempstead

Questions about MAGNETO ELECTRICS LTD

What is the company number of MAGNETO ELECTRICS LTD?

MAGNETO ELECTRICS LTD is registered under company number 13617394 in the official register of United Kingdom. View it at the official register.

Is MAGNETO ELECTRICS LTD still active?

Yes. MAGNETO ELECTRICS LTD is registered as active (status: Active).

Has MAGNETO ELECTRICS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGNETO ELECTRICS LTD in the official data.

How likely is MAGNETO ELECTRICS LTD to become insolvent?

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

When was MAGNETO ELECTRICS LTD founded?

MAGNETO ELECTRICS LTD was incorporated on 13 Sep 2021.

Where is MAGNETO ELECTRICS LTD registered?

MAGNETO ELECTRICS LTD's registered address is in HP3 8EW HEMEL HEMPSTEAD (Hemel Hempstead), United Kingdom.

What do the latest accounts of MAGNETO ELECTRICS LTD show?

The latest published accounts (period ending 30 Sep 2025) show equity of £28k, total assets of £80k, 3 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.