Magnet Limited company overview
Magnet Limited is a private limited company registered with company number 02762625. It was incorporated on 6 Nov 1992 and its current status is voluntary arrangement.
The registered office is at C/O Magnet Limited, 3 Allington Way Yarm Road, Business Park Darlington, County Durham, DL1 4XT. The company has 2 active officers. It was previously called Wmh (No. 20) Limited and 1 other name.
Magnet Limited upcoming deadlines
This company is voluntary arrangement, so the register shows no filing deadlines for it.
Magnet Limited at a glance
34 years
Trading age
12,423 days since incorporation
2
Active officers
Gemma, Sophie
260
Filings on record
Latest: 8 Oct 2026
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Filing health score
Company is voluntary arrangement
Directors of Magnet Limited
Former officers
36 more officers are on the register. See all on Companies House
Nature of business (SIC codes)
32990
Other manufacturing not elsewhere classified
Allowable expenses for Magnet Limited
Based on Magnet Limited's SIC code (32990), these are typical tax-deductible expenses for a manufacturing company. Claiming them lowers the profit you pay corporation tax on.
Raw materials
Materials and components used to make your products.
Machinery & tools
Equipment purchases — often 100% relief via the Annual Investment Allowance.
Workshop costs
Rent, rates, heating and electricity for premises.
Vehicle & mileage
45p a mile for the first 10,000 business miles in a personal car.
Staff & director salaries
Wages, employer NI and pension contributions paid through PAYE.
Accountancy & legal fees
Bookkeeping, year-end accounts, tax advice and company secretarial costs.
Business insurance
Public liability, professional indemnity and employer's liability cover.
Phone & internet
Business mobile contracts, broadband and a share of home internet.
General guidance only — every expense must be wholly and exclusively for business. Ask an accountant
Tax guide for businesses like Magnet Limited
How much tax does a manufacturing company pay?
UK companies pay corporation tax at 19% on profits up to £50,000, rising to 25% above £250,000, with marginal relief in between. Claiming every allowable expense reduces taxable profit.
Does a company like Magnet Limited need to register for VAT?
VAT registration is compulsory once taxable turnover passes £90,000 in any rolling 12 months. Many businesses register voluntarily to reclaim VAT on costs.
How much does an accountant cost for a limited company in County Durham?
Fixed-fee accountants typically charge £60–£200 a month for a small limited company, covering year-end accounts, corporation tax and the confirmation statement.
Can directors of Magnet Limited pay themselves in dividends?
Most small company directors take a low salary plus dividends. Dividends are paid from profits after corporation tax, with an annual £500 dividend allowance.
Filing history
8 Oct 2026 · MR01
Mortgage create with deed with charge number charge creation date
1 Oct 2026 · MR01
Mortgage create with deed with charge number charge creation date
9 Sep 2026 · PSC02
Notification of a person with significant control
9 Sep 2026 · PSC07
Cessation of a person with significant control
5 Aug 2026 · CVA1
Liquidation voluntary arrangement meeting approving companies voluntary arrangement
9 Jul 2026 · MR04
Mortgage satisfy charge full
30 Jun 2026 · MR01
Mortgage create with deed with charge number charge creation date
16 Mar 2026 · MR01
Mortgage create with deed with charge number charge creation date
10 Mar 2026 · MR04
Mortgage satisfy charge full
4 Mar 2026 · TM01
Termination of appointment of Kristoffer Ljungfelt as a director on 2 Mar 2026
3 Mar 2026 · MR01
Mortgage create with deed with charge number charge creation date
22 Dec 2025 · AP01
Appointment of Mrs Sophie Louise Rose as a director on 10 Dec 2025
22 Dec 2025 · TM01
Termination of appointment of George Barnaby Dymond as a director on 12 Dec 2025
6 Nov 2025 · CS01
Confirmation statement made on 6 Nov 2025 with no updates
19 Jun 2025 · AA
Audit exemption subsiduary accounts made up to 31 Dec 2024
19 Jun 2025 · PARENT_ACC
Legacy
19 Jun 2025 · AGREEMENT2
Legacy
19 Jun 2025 · GUARANTEE2
Legacy
4 Feb 2025 · AA
Audit exemption subsiduary accounts made up to 31 Dec 2023
4 Feb 2025 · PARENT_ACC
Legacy
Showing the latest 20 of 260 filings. See the full history on Companies House
Accounting services for Magnet Limited
From tax to payroll, find accountants who look after every part of Magnet Limited’s finances.
Year-end accounts
Statutory accounts prepared and filed with Companies House on time, every year.
Corporation tax
CT600 returns filed with HMRC and tax planned so you only pay what you owe.
Payroll
Pay your team on time every month, with RTI submissions and pensions handled.
VAT & bookkeeping
Keep your books tidy and your VAT returns MTD-ready all year round.
Confirmation statement
Your annual confirmation statement checked and filed before the deadline.
Management accounts
Monthly or quarterly reports so you can see how the business is really doing.
More about Magnet Limited
About Magnet Limited
Magnet Limited is a UK private limited company based in County Durham, registered at Companies House as company number 02762625 since 6 Nov 1992. Its listed activities include other manufacturing not elsewhere classified. This page brings together its public record — directors, registered office, nature of business and filing history — in one easy place.
Magnet Limited filings and compliance
Every UK limited company must file annual accounts, a confirmation statement and a corporation tax return each year. Magnet Limited has 260 filings on record. Keeping on top of these deadlines avoids automatic penalties from Companies House and HMRC, which start at £150 for late accounts.
Looking for an accountant in County Durham?
Businesses like Magnet Limited often use a local accountant for year-end accounts, corporation tax, VAT and payroll. Compare fixed-fee, regulated accountants near County Durham and get free quotes in minutes.
This page shows public information from Companies House. Director of Magnet Limited?
Magnet Limited – frequently asked questions
What is the company number of Magnet Limited?
Magnet Limited is registered at Companies House under company number 02762625.
When was Magnet Limited incorporated?
Magnet Limited was incorporated on 6 Nov 1992 as a private limited company.
Who are the directors of Magnet Limited?
Current officers are Gemma Claire Louise Doyle (director) and Sophie Louise Rose (director).
What does Magnet Limited do?
The company's registered nature of business (SIC) is 32990 – Other manufacturing not elsewhere classified.
Where is Magnet Limited registered?
The registered office address is C/O Magnet Limited, 3 Allington Way Yarm Road, Business Park Darlington, County Durham, DL1 4XT.
Is Magnet Limited still trading?
According to its latest Companies House record the company status is voluntary arrangement. Its most recent filing was mortgage create with deed with charge number charge creation date on 8 Oct 2026.