MAGNET LIMITED
Company number 02762625 · Monitor this company
Executive summary
Magnet Limited is currently operating under a Voluntary Arrangement, indicating severe historical financial distress and an inability to service unsecured debts. While the company benefits from the backing of a major parent group, Nobia Holdings Uk Limited, its independent capacity to service new debt obligations is fundamentally compromised. Standard credit exposure is strongly advised against unless supported by a parent company guarantee.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1992-11-06
- Registered office
- C/O Magnet Limited, 3 Allington Way Yarm Road, Business Park Darlington, County Durham, DL1 4XT
- Postcode
- DL1 4XT
- Capital
- 15,510,301 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-12-31
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-11-06
- Next due by
- 2026-11-20
Nature of business (SIC)
- 32990 Other manufacturing not elsewhere classified
Officers 3 current · 51 resigned
Group structure 3 subsidiaries
Controlled by MAGNET GROUP HOLDCO LIMITED — since 2026-06-30
Controlled by MAGNET GROUP LIMITED — since 2016-04-06
-
AQUA WARE LIMITED Dissolved
-
FLINT PROPERTIES LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Public contracts won 6
£190,388,424 total awarded value where published.
Showing the 5 most recent of 6.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Modern slavery statement
Registered a modern slavery statement for 2021 (period to 2020-12-31) as part of the MAGNET GROUP LIMITED group statement — 2 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Gender pay gap
1.5%
Women's median hourly pay below men's, 2025/26 · in the top quarter for parity
Contact details
- Website
- magnet.co.uk
- Phone
- +44 1325744093, 01132013444
Discover a range of quality fitted kitchens at Magnet. Our kitchen design experts and specialists can help you find the perfect fitted kitchen for your home.
Previous company names
| Name | Date changed |
|---|---|
| WMH (NO. 20) LIMITED | 1993-12-07 |
| ALNERY NO. 1243 LIMITED | 1992-11-26 |
Previous registered addresses 6
| Address | Changed on |
|---|---|
| ALLINGTON WAY, YARM ROAD BUSINESS PARK, DARLINGTON, COUNTY DURHAM DL1 4XT | 2005-05-12 |
| ROYD INGS AVENUE, KEIGHLEY, WEST YORKSHIRE, BD21 4BY | 2003-04-07 |
| ALLINGTON WAY, DARLINGTON, CO DURHAM | 1994-04-25 |
| ALLIGTON WAY, YARM ROAD INDUSTRIAL ESTATE, DARLINGTON, DL1 4XT | 1994-03-20 |
| ROYD INGS AVENUE, KEIGHLEY, WEST YORKSHIRE, BD21 4BY | 1993-12-07 |
| 9 CHEAPSIDE, LONDON, EC2V 6AD | 1992-12-04 |
The class of 1992
52%
of the 241 companies in this sector incorporated in 1992 are still active today; 44% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 169 titles
- Freehold
- 4
- Leasehold
- 165
- Most recent registration
- 2026-04-29
- Price paid, where recorded
- £290,000
- Where
- Greater London (25), Hertfordshire (10), Essex (7)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| WT487585 | Wiltshire | Leasehold | 2026-04-29 | — |
| TY614607 | Tyne And Wear | Leasehold | 2025-10-28 | — |
| LAN301796 | Lancashire | Leasehold | 2025-08-13 | — |
| LL437131 | Lincolnshire | Leasehold | 2025-07-23 | — |
| DN779583 | Torbay | Leasehold | 2025-06-18 | — |
| HP895797 | Hampshire | Leasehold | 2025-06-18 | — |
| WT482888 | Swindon | Leasehold | 2025-06-09 | — |
| CYM908155 | Pembrokeshire | Leasehold | 2025-05-19 | — |
| NT597629 | City Of Nottingham | Leasehold | 2025-05-16 | — |
| SY909064 | Surrey | Leasehold | 2025-05-15 | — |
| WT481601 | Wiltshire | Leasehold | 2025-03-03 | — |
| NN404828 | West Northamptonshire | Leasehold | 2025-01-21 | — |
| AA78508 | Essex | Leasehold | 2025-01-03 | — |
| CYM900770 | Merthyr Tydfil | Leasehold | 2025-01-03 | — |
| SF703391 | Staffordshire | Leasehold | 2025-01-03 | — |
| SF703392 | Staffordshire | Leasehold | 2025-01-03 | — |
| SK434516 | Suffolk | Leasehold | 2025-01-03 | — |
| SL289924 | Shropshire | Leasehold | 2025-01-03 | — |
| WR214745 | Worcestershire | Leasehold | 2025-01-03 | — |
| YY201251 | West Yorkshire | Leasehold | 2025-01-03 | — |
Showing 20 of 169.
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.