MAGNETS FIRST LTD

Company number 15299035 · Active

MAGNETS FIRST LTD is a private limited company registered in SWINDON, United Kingdom, incorporated on 21 Nov 2023. Its registered activity is manufacture of other fabricated metal products n.e.c.. Its latest published accounts for the period ending 30 Apr 2026 show equity of £16k, total assets of £78k. It has filed 2 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

Industry5.1×25 · 0.60 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Region0.4×SN · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Days since last period end0.6×< 246 · 0.06 % 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
15299035 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
21 Nov 2023 (3 years)
Registered address
SN5 8YZ SWINDON
Postcode area
Swindon
Activity
25990 Manufacture of other fabricated metal products n.e.c.
Industry
Manufacture of fabricated metal products
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Apr 202629 Aug 2026– –£16k£78k £63k–1
30 Apr 202515 Aug 2025– –£2,590£22k £24k–2

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

Similar companies in Swindon

Questions about MAGNETS FIRST LTD

What is the company number of MAGNETS FIRST LTD?

MAGNETS FIRST LTD is registered under company number 15299035 in the official register of United Kingdom. View it at the official register.

Is MAGNETS FIRST LTD still active?

Yes. MAGNETS FIRST LTD is registered as active (status: Active).

Has MAGNETS FIRST LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGNETS FIRST LTD in the official data.

How likely is MAGNETS FIRST LTD to become insolvent?

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

When was MAGNETS FIRST LTD founded?

MAGNETS FIRST LTD was incorporated on 21 Nov 2023.

Where is MAGNETS FIRST LTD registered?

MAGNETS FIRST LTD's registered address is in SN5 8YZ SWINDON (Swindon), United Kingdom.

What do the latest accounts of MAGNETS FIRST LTD show?

The latest published accounts (period ending 30 Apr 2026) show equity of £16k, total assets of £78k, 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.