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Magnet Limited

Magnet Limited is an active company incorporated on 6 November 1992 with the registered office located in Darlington, County Durham. Magnet Limited was registered 32 years ago.
Status
Active
Active since incorporation
Company No
02762625
Private limited company
Age
32 years
Incorporated 6 November 1992
Size
Large
Balance sheet is over £27M
Over 250 employees
Confirmation
Submitted
Dated 6 November 2024 (10 months ago)
Next confirmation dated 6 November 2025
Due by 20 November 2025 (2 months remaining)
Last change occurred 8 years ago
Accounts
Submitted
For period 1 Jan31 Dec 2024 (1 year)
Accounts type is Audit Exemption Subsidiary
Next accounts for period 31 December 2025
Due by 30 September 2026 (1 year remaining)
Contact
Address
C/O Magnet Limited
3 Allington Way Yarm Road
Business Park Darlington
County Durham
DL1 4XT
Same address for the past 20 years
Telephone
01325469441
Email
Available in Endole App
People
Officers
4
Shareholders
1
Controllers (PSC)
1
Director • People & Culture Director • British • Lives in England • Born in Sep 1972
Director • Finance Director • British • Lives in England • Born in Mar 1986
Director • Cfo • Swedish • Lives in Norway • Born in Jun 1977
Director • MD • British • Lives in England • Born in Apr 1975
Nobia Holdings UK Limited
PSC
Shareholders, PSCs & Group Structure
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Mutual Companies
Magnet Group Trustees Limited
Mr Kristoffer Ljungfelt, Mrs Gemma Claire Louise Doyle, and 2 more are mutual people.
Active
Gower Furniture Limited
Mr Kristoffer Ljungfelt, Mrs Gemma Claire Louise Doyle, and 2 more are mutual people.
Active
Nobia Holdings UK Limited
Mr Kristoffer Ljungfelt, Mrs Gemma Claire Louise Doyle, and 2 more are mutual people.
Active
Cie Ltd
Mr Kristoffer Ljungfelt, Mrs Gemma Claire Louise Doyle, and 1 more are mutual people.
Active
Commodore Kitchens Limited
Mr Kristoffer Ljungfelt, Mrs Gemma Claire Louise Doyle, and 1 more are mutual people.
Active
Charco Ninety-Nine Limited
Mrs Gemma Claire Louise Doyle, Lynne Marie Fawcus, and 1 more are mutual people.
Active
Magnet & Southerns Limited
Mrs Gemma Claire Louise Doyle, Lynne Marie Fawcus, and 1 more are mutual people.
Active
Magnet Distribution Limited
Mrs Gemma Claire Louise Doyle, Lynne Marie Fawcus, and 1 more are mutual people.
Active
Brands
Magnet Trade
Magnet Trade is a supplier of kitchens and joinery products, providing trade customers with discounts and benefits.
Financials
Net Assets, Total Assets & Total Liabilities (2015–2024)
Period Ended
31 Dec 2024
For period 31 Dec31 Dec 2024
Traded for 12 months
Cash in Bank
Unreported
Same as previous period
Turnover
Unreported
Same as previous period
Employees
1.79K
Decreased by 228 (-11%)
Total Assets
£37.19M
Same as previous period
Total Liabilities
£0
Same as previous period
Net Assets
£37.19M
Same as previous period
Debt Ratio (%)
0%
Same as previous period
Latest Activity
Subsidiary Accounts Submitted
2 Months Ago on 19 Jun 2025
Subsidiary Accounts Submitted
7 Months Ago on 4 Feb 2025
Lynne Fawcus Resigned
8 Months Ago on 3 Jan 2025
Confirmation Submitted
10 Months Ago on 6 Nov 2024
Mr George Barnaby Dymond Appointed
1 Year 4 Months Ago on 1 May 2024
New Charge Registered
1 Year 4 Months Ago on 19 Apr 2024
Subsidiary Accounts Submitted
1 Year 6 Months Ago on 26 Feb 2024
Confirmation Submitted
1 Year 10 Months Ago on 9 Nov 2023
Ms Lynne Fawcus Appointed
2 Years 6 Months Ago on 1 Mar 2023
Ms Gemma Claire Louise Doyle Appointed
2 Years 7 Months Ago on 17 Jan 2023
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Documents
Audit exemption statement of guarantee by parent company for period ending 31/12/24
Submitted on 19 Jun 2025
Notice of agreement to exemption from audit of accounts for period ending 31/12/24
Submitted on 19 Jun 2025
Consolidated accounts of parent company for subsidiary company period ending 31/12/24
Submitted on 19 Jun 2025
Audit exemption subsidiary accounts made up to 31 December 2024
Submitted on 19 Jun 2025
Consolidated accounts of parent company for subsidiary company period ending 31/12/23
Submitted on 4 Feb 2025
Audit exemption subsidiary accounts made up to 31 December 2023
Submitted on 4 Feb 2025
Notice of agreement to exemption from audit of accounts for period ending 31/12/23
Submitted on 4 Feb 2025
Audit exemption statement of guarantee by parent company for period ending 31/12/23
Submitted on 4 Feb 2025
Termination of appointment of Lynne Fawcus as a director on 3 January 2025
Submitted on 8 Jan 2025
Confirmation statement made on 6 November 2024 with no updates
Submitted on 6 Nov 2024
Repayment History
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