MAGNET INSURANCE SERVICES LTD

Active
NEWARK BEACON
CAFFERATA WAY
NEWARK
NOTTINGHAMSHIRE
NG24 2TN

MAGNET INSURANCE SERVICES LTD are a long established Private Limited Company which has been trading for 18 years. Their area of operation is the Non-life insurance sector, the SIC for which is 65120. Their registered office is located in the CAFFERATA WAY area of NEWARK.

Their legal country of registration is United Kingdom. Private Limited Companys are required to file accounts on an annual basis and their last set of accounts was made up until 31/12/2021.

MAGNET INSURANCE SERVICES LTD are next due to file for year 2026 by the 30/09/2023

Their status at Companies House is Active which means they are likely to be trading. Their unique company number is 06664153. Their legal form is that of a Private Limited Company

Details

Name MAGNET INSURANCE SERVICES LTD
Company Number 06664153
Company Type Private Limited Company
Company Status Active
SIC Code 65120 Non-life insurance
Company Origin United Kingdom
Incorporation Date 05/08/2008
Accounts Next Due Date 30/09/2023
Accounts Last Made Up Date 31/12/2021
Last Modified Date 10/05/2022
Address NEWARK BEACON
CAFFERATA WAY
NEWARK
NOTTINGHAMSHIRE
NG24 2TN

Geolocation

Accounts 2021 2020 2019 2018 2017
Cash£0 £0 £841,995 £708,411 £355,681
Net Worth£0 £0 £818,478 £747,660 £610,007
Current Assets£0 £0 £1,131,003 £1,057,337 £433,859
Current Liabilities£0 £0 £1,131,003 £1,057,337 £433,859
Number of Employees0 0 13 13 15
03-03-2026

Graphs

2021

Cash has increased from 2020 by 18.86%, the ratio of cash to net worth is 102.87% which indicates a strong cash position.

Net worth has changed by £70,818 which is an increase of 9.47% from 2020

The quick ratio of current assets to current liabilities at 1.00 represents a Reasonable asset position, always consider the absolute level of cash at £841,995 when looking at this ratio

The number of employees has remained unchanged by 0 since 2020

2020

Cash has increased from 2019 by 99.17%, the ratio of cash to net worth is 94.75% which indicates a strong cash position..

Net worth has changed by £137,653 which is a increase of 22.57% from 2020

The quick ratio of current assets to current liabilities at 1.00 represents a Reasonable asset position, always consider the absolute level of cash at £708,411 when looking at this ratio

The number of employees has remained unchanged by 0 since 2019

2019

Cash has increased from 2018 by 150.47%, the ratio of cash to net worth is 58.31% which indicates a strong cash position..

Net worth has changed by £173,892 which is a increase of 39.87% from 2020

The quick ratio of current assets to current liabilities at 1.00 represents a Reasonable asset position, always consider the absolute level of cash at £355,681 when looking at this ratio

The number of employees has remained unchanged by 0 since 2019

Directors and Secretaries

Name Role Date of Birth Appointed Resigned

is the longest serving director having been a member of the board of MAGNET INSURANCE SERVICES LTD for 0 years

Companies in Same Postcode

Entry Name Office Address Incorporation Date
707 LIMITED ALEXANDER HOUSE BEACON HILL BUSINESS PARK, CAFFERATA WAY, NEWARK, NOTTINGHAMSHIRE, UNITED KINGDOM. NG24 2TN 04/12/2002

Companies in Same Postcode Prefix

Entry Name Office Address Incorporation Date
11 MAPPERLEY PARK DRIVE MANAGEMENT COMPANY LIMITED 45 ELLA ROAD, WEST BRIDGFORD, NOTTINGHAM, , . NG2 5GX 11/11/1991
11 PLUS SHOP LIMITED 312 LOUGHBOROUGH ROAD, WEST BRIDGFORD, NOTTINGHAM, , UNITED KINGDOM. NG2 7FB 29/01/2016
110 SERVICES LTD 4 COLEDALE, GAMSTON, NOTTINGHAM, , . NG2 6RX 18/09/2008
117-119 MUSTERS ROAD RTM COMPANY LIMITED C/O NEW ESTATE MANAGEMENT 14-16 BRIDGFORD ROAD, WEST BRIDGFORD, NOTTINGHAM, NOTTINGHAMSHIRE, UNITED KINGDOM. NG2 6AB 11/11/2014
11:18 LIMITED 50 HENRY ROAD, WEST BRIDGFORD, NOTTINGHAM, , ENGLAND. NG2 7NB 17/04/2012
12 & 12A MOORE CLOSE FREEHOLDERS LIMITED 12 MOORE CLOSE, WEST BRIDGFORD, NOTTINGHAM, NOTTINGHAMSHIRE, UNITED KINGDOM. NG2 5AY 22/04/2015
155 KNIGHITS LIMITED 10 DOYNE COURT, THE MEADOWS, NOTTINGHAM, , . NG2 2NE 22/12/2017
16 QS LIMITED 52A RECTORY ROAD, WEST BRIDGFORD, NOTTINGHAM, , UNITED KINGDOM. NG2 6BU 17/12/2020
18 WATERLOO STREET HOVE LIMITED 43 ELLA ROAD, WEST BRIDGFORD, NOTTINGHAM, NOTTINGHAMSHIRE, . NG2 5GX 12/08/1997

Mortgages and Charges

Type Created Registered Personnel Entitled Status

Description

Company number 06664153 overview of filed records at companies house for MAGNET INSURANCE SERVICES LTD brought to you free by Reporting Accounts

Persons with Significant Control

Name / Statement Kind / Nature of Control / Details

MAGNET INSURANCE SERVICES LTD Credit Report And Business Information

Very Low Risk 70 - 100
Low Risk 50 - 70
Moderate Risk 30 - 50
High Risk 20 - 30
Very High Risk 0 - 20

Keep on top of your suppliers, your customers and your own business using real-time company credit Reports. Our detailed company insights and rating allow you to make informed decisions and reduce counterparty risk.

From as little as £14.99

This will not impact your credit rating!

HOW AN FD CAPITAL PORTFOLIO FINANCE DIRECTOR WILL BENEFIT YOUR BUSINESS

The role of a CFO or FD is always evolving - but one aspect remains the same. They play an integral role in the daily running of an organization and work closly with every part of your business, from sales to operations.

fdcapitals