- Companies
- Machinery repair and installation
- Dukinfield
- Magnet Contracts Limited
Magnet Contracts Limited
- Company number
- 04429756
- Incorporated
- 1 May 200224 years trading
- Registered office
- 9 Holly Bank Rise, Dukinfield, SK16 5EG
- Nature of business
- Repair of electrical equipment; Electrical installation
Magnet Contracts Limited is a 24-year-old private limited company registered in Dukinfield, company number 04429756, one of 10 machinery repair and installation companies in Dukinfield. Its next accounts are due at Companies House on 28 February 2027, and the CT600 for the period to 31 May 2026 is due at HMRC on 31 May 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets up £11K (+6.6%) on the year before, to £170K.
- Net assets rose in 6 of 9 year-on-year comparisons on record.
- Current assets of £184K against £15K owed within a year: more than 10 times cover.
- 1 employee on average during the year.
- Balance sheets on record for 10 years, 2016 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 May 2025 | £170K | £171K | £184K | £15K | 1 |
| 31 May 2024 | £159K | £152K | £165K | £6,392 | 1 |
| 31 May 2023 | £178K | £168K | £185K | £6,868 | 1 |
| 31 May 2022 | £175K | £175K | £185K | £9,873 | 1 |
| 31 May 2021 | £181K | £171K | £190K | £8,799 | 1 |
| 31 May 2020 | £198K | £190K | £208K | £9,452 | 1 |
| 31 May 2019 | £195K | £182K | £210K | £17K | 1 |
| 31 May 2018 | £172K | £173K | £198K | £28K | 1 |
| 31 May 2017 | £141K | £135K | £165K | £25K | 1 |
| 31 May 2016 | £112K | £118K | £133K | £24K |
Where Magnet Contracts Limited is registered
The registered office is in Dukinfield (SK16), in the Tameside local authority area, North West. Show SK16 5EG on a map.
Other trade companies in SK16
- Med Rail LimitedElectricians
- MS North Build LtdBuilders
- Tower Mill Autos LimitedMechanics and garages
- M’N’S Pressure Washing LtdCleaning companies
- Corlen Group LtdBuilders
- DMG Northwest LimitedInstallers
- MH Exterior Solutions LtdCleaning companies
- Ah Elite Decor LimitedPainters and decorators
What happens if Magnet Contracts Limited files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 28 February 2027.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Mar 2027 to 31 Mar 2027 | £150 |
| 1 to 3 months late | 1 Apr 2027 to 31 May 2027 | £375 |
| 3 to 6 months late | 1 Jun 2027 to 31 Aug 2027 | £750 |
| More than 6 months late | From 1 Sep 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Jun 2027 | £200 |
| 3 months late | 31 Aug 2027 | another £200 |
| 6 months late | 30 Nov 2027 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 May 2028 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- 04429756
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 1 May 2002 (24 years ago)
- Registered office
- 9 Holly Bank Rise, Dukinfield, SK16 5EG
- Nature of business
- Repair of electrical equipment (SIC 33140)
Electrical installation (SIC 43210) - Year end
- 31 May (accounting reference date)
- Accounts type
- Total exemption (full)
- Last accounts made up to
- 31 May 2025
- Last confirmation statement
- 1 May 2026
Filing notes for machinery repair and installation companies
Machinery repair and installation companies often carry parts stock and specialist tools, and many work on contracts that span the year end.
Similar companies in Dukinfield
Other active machinery repair and installation companies registered in Dukinfield.
- Ogborn Battery Capacity Assurance Testing Limited1989
- Ostia Tools Ltd2016
- Portland Basin Marina Limited1997
- Project Alex Ltd2013
- Sound Insight Ltd2002
- Alma Accident Repair Center Limited2013
- CFH Plumbing & Heating Ltd2015
- Jac Machinery Ltd2024
All machinery repair and installation companies in Dukinfield · All trades in Dukinfield · Machinery repair and installation across the UK
Frequently asked questions
When are Magnet Contracts Limited's accounts due?
Magnet Contracts Limited's next accounts are due at Companies House by 28 February 2027 (in 138 days), covering the period to 31 May 2026.
When is Magnet Contracts Limited's CT600 due?
The CT600 for the period to 31 May 2026 is due at HMRC by 31 May 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 March 2027.
Is Magnet Contracts Limited still trading?
Magnet Contracts Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Magnet Contracts Limited do?
Magnet Contracts Limited is registered under Repair of electrical equipment (SIC 33140); Electrical installation (SIC 43210).
How old is Magnet Contracts Limited?
Magnet Contracts Limited was incorporated on 1 May 2002, 24 years ago.
What is the penalty if Magnet Contracts Limited files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Magnet Contracts Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.