MAGNETIC SYSTEMS TECHNOLOGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-23 (in 6mo)
Last made up 2025-11-09
Watchouts
None on the register
Cash
£154K
-79.8% vs 2021
Net assets
£4M
+36.9% vs 2021
Employees
159
+21.4% vs 2021
Profit before tax
£132K
+112.9% vs 2021
Name history
Renamed 1 time since incorporation
- MAGNETIC SYSTEMS TECHNOLOGY LIMITED 1993-01-06 → present
- ARBREW LIMITED 1992-11-09 → 1993-01-06
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2022-12-31
Latest accounts filed cover 2024-12-31, 2023-12-31; financial figures currently reflect up to 2022-12-31.
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £10,862,627 | £22,955,835 | |
| Operating profit | — | — | — | -£956,711 | £444,022 | |
| Profit before tax | — | — | — | -£1,023,125 | £131,753 | |
| Net profit | — | — | — | £216,788 | £1,096,032 | |
| Cash | — | — | — | £762,285 | £153,933 | |
| Total assets less current liabilities | — | — | — | £4,448,736 | £4,963,687 | |
| Net assets | — | — | — | £2,959,392 | £4,050,628 | |
| Equity | £1,671,968 | £2,570,029 | £2,570,029 | £2,959,392 | £4,050,628 | |
| Average employees | — | — | — | 131 | 159 | |
| Wages | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -8.8% | 1.9% | |
| Net margin | — | — | — | 2.0% | 4.8% | |
| Return on capital employed | — | — | — | -21.5% | 8.9% | |
| Interest cover | — | — | — | -14.40x | 3.21x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PEEL, Jenny Mary | Secretary | 2016-09-16 | — | — |
| JENKINS, Marcus Kennedy | Director | 1993-01-08 | May 1964 | British |
| PEEL, Jenny Mary | Director | 2020-04-02 | Sep 1968 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JENKINS, Marcus Kennedy | Secretary | 1993-01-08 | 2004-05-28 |
| TAYLOR, Diane Christine | Secretary | 2004-06-01 | 2009-12-16 |
| WATT, Arthur Austen | Secretary | 1992-12-16 | 1993-01-08 |
| RM REGISTRARS LIMITED | Corporate Nominee Secretary | 1992-11-09 | 1992-12-18 |
| COHEN, Violet | Nominee Director | 1992-11-09 | 1992-12-16 |
| DAFFEY, Kevin | Director | 2013-02-18 | 2013-09-06 |
| EARDLEY, James Edward | Director | 1993-01-08 | 1999-07-14 |
| ELLIS, Ann | Director | 1992-12-16 | 1943-01-08 |
| GILLIGAN, Andrew John | Director | 2020-04-02 | 2026-01-23 |
| HOWE, David | Director | 1993-01-08 | 2004-03-29 |
| OWEN, Paul Robert | Director | 2009-11-13 | 2012-12-20 |
| SLOAN, Andrew Robert | Director | 2024-04-02 | 2024-12-06 |
| SOKEL, Jeremy Nigel | Director | 2006-05-20 | 2016-05-13 |
| VICKERMAN, James Edward | Director | 2006-08-03 | 2009-11-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Marcus Kennedy Jenkins | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 136 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-07-27 MA Memorandum articles
- 2021-07-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-07 | AA | accounts | Accounts with accounts type full | |
| 2024-04-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-14 | CH01 | officers | Change person director company with change date | |
| 2023-08-07 | AA | accounts | Accounts with accounts type full | |
| 2023-06-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-11-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-07-27 | MA | incorporation | Memorandum articles | |
| 2021-07-27 | RESOLUTIONS | resolution | Resolution | |
| 2021-07-21 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2021 → FY2022 · period ending 2022-12-31 vs 2021-12-31
-
Turnover
+111.3%
£10,862,627 £22,955,835
-
Cash
-79.8%
£762,285 £153,933
-
Net assets
+36.9%
£2,959,392 £4,050,628
-
Employees
+21.4%
131 159
-
Operating profit
+146.4%
-£956,711 £444,022
-
Profit before tax
+112.9%
-£1,023,125 £131,753
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers
Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.