MAGNET GROUP LIMITED
Company number 04184676 · Monitor this company
Executive summary
Magnet Group Limited's entry into administration represents the most significant casualty in the UK fitted kitchen market in recent years, reflecting the existential challenge facing mid-market operators squeezed between trade-focused disruptors and value retailers. The convergence of consumer demand compression, input cost inflation, and structural competitive shifts has exposed a business model reliant on retail showrooms and mid-market positioning — a segment that has proven increasingly unviable without either trade-channel scale or value-pricing discipline. The recent name change from Nobia Holdings UK and the ongoing administration via Interpath suggest a potential pre-pack sale or asset-stripping process is underway, with the future of the Magnet brand likely depending on whether a buyer emerges for the viable manufacturing and retail operations.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2001-03-21
- Registered office
- C/O Interpath Ltd 10, Fleet Place, London, EC4M 7RB
- Postcode
- EC4M 7RB
- Capital
- 72,600,000 GBP
- Accounts category
- Group
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-03-21
- Next due by
- 2027-04-04
Nature of business (SIC)
- 32990 Other manufacturing not elsewhere classified
Officers 3 current · 24 resigned
Group structure 22 subsidiaries
Controlled by Nobia Ab (556528-2752) — since 2016-04-06
Showing 12 of 22.
From persons-with-significant-control filings on the public register.
Modern slavery statement
Registered a modern slavery statement for 2021 (period to 2020-12-31) — 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.
Previous company names
| Name | Date changed |
|---|---|
| NOBIA HOLDINGS UK LIMITED | 2026-05-01 |
| INHOCO 2297 LIMITED | 2001-06-20 |
Previous registered addresses 3
| 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 |
| 100 BARBIROLLI SQUARE, MANCHESTER, M2 3AB | 2001-05-22 |
The class of 2001
47%
of the 544 companies in this sector incorporated in 2001 are still active today; 50% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2020-06-18
- Where
- Darlington (1), York (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| DU379626 | Darlington | Leasehold | 2020-06-18 | — |
| NYK458099 | York | Leasehold | 2018-08-22 | — |
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.