Magnetic Systems Limited SOUTH YORKSHIRE


Founded in 1994, Magnetic Systems, classified under reg no. 02923277 is an active company. Currently registered at 5 John Street S2 4QR, South Yorkshire the company has been in the business for thirty years. Its financial year was closed on 30th April and its latest financial statement was filed on April 30, 2023.

At present there are 3 directors in the the company, namely Steven S., Kenneth C. and Peter B.. In addition one secretary - Kenneth C. - is with the firm. As of 24 April 2024, there was 1 ex secretary - Tracy C.. There were no ex directors.

Magnetic Systems Limited Address / Contact

Office Address 5 John Street
Office Address2 Sheffield
Town South Yorkshire
Post code S2 4QR
Country of origin United Kingdom

Company Information / Profile

Registration Number 02923277
Date of Incorporation Wed, 27th Apr 1994
Industry Machining
End of financial Year 30th April
Company age 30 years old
Account next due date Fri, 31st Jan 2025 (282 days left)
Account last made up date Sun, 30th Apr 2023
Next confirmation statement due date Tue, 28th May 2024 (2024-05-28)
Last confirmation statement dated Sun, 14th May 2023

Company staff

Steven S.

Position: Director

Appointed: 12 August 2010

Kenneth C.

Position: Secretary

Appointed: 30 April 2001

Kenneth C.

Position: Director

Appointed: 27 April 1994

Peter B.

Position: Director

Appointed: 27 April 1994

Tracy C.

Position: Secretary

Appointed: 27 April 1994

Resigned: 30 April 2001

People with significant control

The list of PSCs who own or control the company is made up of 1 name. As we researched, there is Peter B. This PSC has 75,01-100% voting rights and has 75,01-100% shares.

Peter B.

Notified on 6 April 2016
Nature of control: 75,01-100% shares
75,01-100% voting rights
right to appoint and remove directors

Annual reports financial information

Profit & Loss
Accounts Information Date 2018-04-302019-04-302020-04-302021-04-302022-04-302023-04-30
Balance Sheet
Cash Bank On Hand554 433612 494678 123683 582779 0371 022 171
Current Assets817 478829 356880 778939 0631 090 5111 367 574
Debtors242 386194 494182 389202 657265 809308 772
Net Assets Liabilities804 895912 184940 158948 7921 026 3751 269 943
Other Debtors3 0513 8843 7383 87217 24319 247
Property Plant Equipment139 432230 323195 324166 137159 809135 555
Total Inventories20 65922 36820 26652 82445 66536 631
Other
Accumulated Amortisation Impairment Intangible Assets 10 00010 00010 00010 00010 000
Accumulated Depreciation Impairment Property Plant Equipment279 891317 008352 006381 739408 503432 759
Amortisation Rate Used For Intangible Assets 1010101010
Average Number Employees During Period787778
Corporation Tax Payable    25 73092 312
Creditors126 752104 85198 833125 735194 362200 179
Depreciation Rate Used For Property Plant Equipment 1515151515
Fixed Assets139 432230 323195 324166 137159 809135 555
Increase From Depreciation Charge For Year Property Plant Equipment 37 11634 99829 73226 76524 256
Intangible Assets Gross Cost10 00010 00010 00010 00010 00010 000
Net Current Assets Liabilities690 726724 505781 945813 328896 1491 167 395
Other Creditors    5 4166 218
Other Taxation Social Security Payable    65 85565 765
Property Plant Equipment Gross Cost419 323547 330547 330547 876568 313568 314
Provisions For Liabilities Balance Sheet Subtotal25 26342 64437 11130 67329 58333 007
Total Additions Including From Business Combinations Property Plant Equipment   54620 437 
Total Assets Less Current Liabilities830 158954 828977 269979 4651 055 9581 302 950
Trade Creditors Trade Payables    97 36135 884
Trade Debtors Trade Receivables239 335190 610178 651198 785248 566289 525
Advances Credits Directors      
Advances Credits Made In Period Directors20 000     

Company filings

Filing category
Accounts Annual return Capital Confirmation statement Incorporation Officers Resolution
Total exemption full company accounts data drawn up to April 30, 2023
filed on: 8th, July 2023
Free Download (14 pages)

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