CompaniesInTheUK

MAGNET LIMITED

Company number 02762625 ·

Voluntary Arrangement

Gender pay gap

In the 2025/26 reporting year, women's median hourly pay here was 1.5% lower than men's (1000 to 4999 employees).

That puts it in the top quarter for pay parity — closer to an equal median than 80% of the 9,656 employers who reported for 2025/26. See the pay gap league table.

Within other manufacturing it is in the top quarter of 115 sector employers who reported.

-20.0% to -17.5%: 122 employers -17.5% to -15.0%: 40 employers -15.0% to -12.5%: 53 employers -12.5% to -10.0%: 82 employers -10.0% to -7.5%: 95 employers -7.5% to -5.0%: 126 employers -5.0% to -2.5%: 250 employers -2.5% to 0.0%: 554 employers 0.0% to 2.5%: 1,894 employers 2.5% to 5.0%: 835 employers 5.0% to 7.5%: 698 employers 7.5% to 10.0%: 599 employers 10.0% to 12.5%: 579 employers 12.5% to 15.0%: 527 employers 15.0% to 17.5%: 487 employers 17.5% to 20.0%: 438 employers 20.0% to 22.5%: 389 employers 22.5% to 25.0%: 357 employers 25.0% to 27.5%: 302 employers 27.5% to 30.0%: 253 employers 30.0% to 32.5%: 197 employers 32.5% to 35.0%: 159 employers 35.0% to 37.5%: 131 employers 37.5% to 40.0%: 489 employers -20% -10% 0 +10% +20% +30% +40% ← women paid more men paid more → this company

All 9,656 reporting employers for 2025/26 by median gap. 0 is equal pay; bars right of it are employers where men's median pay is higher, bars left of it where women's is.

0 +5% +10% +15% +20% +25% +30% +35% 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 2017/18: 4.4% 2018/19: 2.6% 2019/20: 1% 2020/21: 2% 2021/22: 3% 2022/23: 1.8% 2023/24: 4% 2024/25: 2% 2025/26: 1.5% Median gap 2017/18: 11.5% 2018/19: 10.7% 2019/20: 8% 2020/21: 9% 2021/22: 9% 2022/23: 3.9% 2023/24: 6% 2024/25: 3% 2025/26: 0.6% Mean gap 2017/18: 27.5% 2018/19: 24.3% 2019/20: 25% 2020/21: 7% 2021/22: 29% 2022/23: 33.6% 2023/24: 17% 2024/25: 1% 2025/26: 0.8% Median bonus gap

The gap has narrowed since the 4.4% reported for 2017/18.

YearMedian gapMean gapBonus gap Women in top pay quartileWomen in lowest
2025/26 1.5% 0.6% 0.8% 28% 31%
2024/25 2% 3% 1% 27% 30%
2023/24 4% 6% 17% 28% 35%
2022/23 1.8% 3.9% 33.6% 27.7% 33%
2021/22 3% 9% 29% 21% 29%
2020/21 2% 9% 7% 21% 33%
2019/20 1% 8% 25% 37% 23%
2018/19 2.6% 10.7% 24.3% 36.8% 21.6%
2017/18 4.4% 11.5% 27.5% 21% 38%

Reported by the employer under the gender pay gap regulations — full report on the official service. Contains public sector information licensed under the Open Government Licence v3.0.