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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-10 (in 10mo)

Last made up 2026-02-24

Watchouts

None on the register

Cash

£3M

+181.2% vs 2023

Net assets

£7M

+11.1% vs 2023

Employees

82

+1.2% vs 2023

Profit before tax

£3M

-45% vs 2023

Name history

Renamed 3 times since incorporation

  1. ARNOLD MAGNETIC TECHNOLOGIES LIMITED 2007-09-03 → present
  2. PRECISION MAGNETICS LIMITED 2005-04-19 → 2007-09-03
  3. MAGNEQUENCH LTD. 2000-03-28 → 2005-04-19
  4. VALUESERIES LIMITED 2000-03-08 → 2000-03-28

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £16,469,786£14,129,928
Operating profit £4,586,672£2,536,774
Profit before tax £4,652,002£2,560,304
Net profit £3,470,986£1,863,253
Cash £1,030,159£2,896,500
Total assets less current liabilities £6,460,697£7,266,542
Net assets £6,243,586£6,936,359
Equity £6,243,586£6,936,359
Average employees 8182
Wages £3,450,464£3,697,687

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 2023-12-312024-12-31
Operating margin 27.8%18.0%
Net margin 21.1%13.2%
Return on capital employed 71.0%34.9%
Current ratio 4.21x3.67x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have no reservations with regards to going concern. The company has no external debt, significant cash reserves (as at the end of 2024 £2.9m), which has been maintained during the following financial period, continues to record strong profits and at the time of writing this report has significant order banks that will underpin the performance throughout the following financial period(s).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 33 resigned

Name Role Appointed Born Nationality
BLAKE, Matthew J Director 2025-03-31 Oct 1970 American
DITTRICH, Sandra Director 2025-01-01 Jun 1977 German
THORP, Ryan J Director 2023-12-31 Jun 1980 American
Show 33 resigned officers
Name Role Appointed Resigned
BARRON, Ian Alexander Secretary 2001-07-01 2007-08-23
BILLINGTON, Steven John Secretary 2007-08-24 2015-03-31
BONEY, Todd Secretary 2000-03-21 2000-06-30
STEVENSON, Lisa Marie Secretary 2018-12-04 2021-06-30
WINGFIELD, Ian Secretary 2015-04-01 2018-10-17
JORDAN COMPANY SECRETARIES LIMITED Corporate Nominee Secretary 2000-06-30 2001-07-01
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2000-03-08 2000-03-21
ARRIGONI, Hans Director 2001-02-02 2002-11-30
BILLINGTON, Steven John Director 2007-08-24 2015-03-31
BONEY, Todd Director 2000-03-21 2004-06-26
BRAMLEY, Donald Grant Director 2007-02-21 2010-07-12
COX, Archibald Director 2004-10-13 2007-02-20
COX JR, Archibald Director 2000-03-21 2001-02-02
ERSKINE, Greg John Director 2016-01-29 2022-06-30
EWALD, Oliver Christian Director 2007-02-21 2010-07-12
KASER, Michael David Director 2007-08-24 2009-02-04
KESSLER, Suitbert Director 2003-03-01 2004-05-28
MCNEIL, Gordon Howard Director 2007-02-20 2007-12-31
MCQUEEN, David Director 2022-07-25 2024-12-31
MILLER, Daniel Director 2016-09-27 2025-03-31
MYERS, Andrew David Director 2004-10-13 2007-02-20
RHODES, Darren George Director 2021-06-30 2022-07-15
RILEY, Gary Director 2001-02-02 2004-06-26
SATUR, Martin John Roland Director 2010-01-01 2018-04-06
SONG, Shannon Yun Director 2000-03-21 2001-02-02
STACHURA, Michael Director 2009-02-04 2016-09-27
STEVENSON, Lisa Marie Director 2018-12-04 2021-06-30
SWANSON, David Paul Director 2016-09-27 2023-12-31
WEINMANN, Dietmar, Doctor Director 2001-02-02 2007-02-20
WILSON, Timothy Director 2008-01-17 2016-06-06
WINGFIELD, Ian Director 2015-04-01 2018-10-17
ZHANG, Hong Director 2000-03-21 2000-06-30
INSTANT COMPANIES LIMITED Corporate Nominee Director 2000-03-08 2000-03-21

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Arnold Magnetic Technologies Uk Limited Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 154 total filings

Date Type Category Description
2026-02-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-05 AA accounts Accounts with accounts type full
2025-04-10 TM01 officers Termination director company with name termination date PDF
2025-04-10 AP01 officers Appoint person director company with name date PDF
2025-02-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-01 TM01 officers Termination director company with name termination date PDF
2025-01-01 AP01 officers Appoint person director company with name date PDF
2024-08-05 AA accounts Accounts with accounts type full
2024-04-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-02 AP01 officers Appoint person director company with name date PDF
2024-01-02 TM01 officers Termination director company with name termination date PDF
2023-08-07 AA accounts Accounts with accounts type full
2023-05-31 DISS40 gazette Gazette filings brought up to date
2023-05-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-30 GAZ1 gazette Gazette notice compulsory
2022-10-06 AA accounts Accounts with accounts type full
2022-08-05 AP01 officers Appoint person director company with name date PDF
2022-08-05 TM01 officers Termination director company with name termination date PDF
2022-06-30 TM01 officers Termination director company with name termination date PDF
2022-04-11 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page