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The above diagram shows the color scheme of the layout in the main result page. The parent entities and officers are those entities, including individual and legal persons, have significant controls over the company in focus. The offspring entities and appointments are those entities that the company in focus can influence on.

Clicking the links on parent entities or officers, and offspring entities or managed companies will put them in focus and show upstream or downstream connections. In general, ascendant entities can be found by moving toward upstream, and descendant entities are by toward downstream. In this way, progenitor entities such as grandparent companies (parents of parent), sibling companies (children of parent), partner companies (parents of child), and progeny entities such as grandchild companies (children of child) can be found easily.

Parent entities and officers 4
  • 1
    Summers, Sean
    Born in July 1985
    Individual (2 offsprings)
    Officer
    2021-02-01 ~ now
    OF - Director → CIF 0
    Mr Sean Summers
    Born in July 1985
    Individual (2 offsprings)
    Person with significant control
    2022-05-09 ~ now
    PE - Ownership of shares – More than 25% but not more than 50%CIF 0
    PE - Ownership of voting rights - More than 25% but not more than 50%CIF 0
    PE - Right to appoint or remove directorsCIF 0
  • 2
    Summers, John
    Born in March 1964
    Individual (6 offsprings)
    Officer
    2025-08-21 ~ now
    OF - Director → CIF 0
  • 3
    Fletcher, Sharon
    Born in September 1989
    Individual (1 offspring)
    Officer
    2020-11-17 ~ now
    OF - Director → CIF 0
    Mrs Sharon Fletcher
    Born in September 1989
    Individual (1 offspring)
    Person with significant control
    2020-11-17 ~ now
    PE - Ownership of voting rights - More than 25% but not more than 50%CIF 0
    PE - Ownership of shares – More than 25% but not more than 50%CIF 0
    PE - Right to appoint or remove directorsCIF 0
  • 4
    Summers, Roseann
    Individual (1 offspring)
    Officer
    2025-07-31 ~ now
    OF - Secretary → CIF 0
parent relation
Company in focus

MAGNETIX LTD

Period: 2020-11-17 ~ now
Company number: SC681153
Registered name
MAGNETIX LTD - now
Standard Industrial Classification
71129 - Other Engineering Activities
Brief company account
Property, Plant & Equipment
50,482 GBP2025-11-30
75,197 GBP2024-11-30
Debtors
90,397 GBP2025-11-30
98,509 GBP2024-11-30
Cash at bank and in hand
45,171 GBP2025-11-30
31,641 GBP2024-11-30
Current Assets
135,568 GBP2025-11-30
130,150 GBP2024-11-30
Creditors
Current
132,001 GBP2025-11-30
131,996 GBP2024-11-30
Net Current Assets/Liabilities
3,567 GBP2025-11-30
-1,846 GBP2024-11-30
Total Assets Less Current Liabilities
54,049 GBP2025-11-30
73,351 GBP2024-11-30
Net Assets/Liabilities
34,361 GBP2025-11-30
39,296 GBP2024-11-30
Equity
Called up share capital
100 GBP2025-11-30
100 GBP2024-11-30
Retained earnings (accumulated losses)
34,261 GBP2025-11-30
39,196 GBP2024-11-30
Equity
34,361 GBP2025-11-30
39,296 GBP2024-11-30
Average Number of Employees
52024-12-01 ~ 2025-11-30
52023-12-01 ~ 2024-11-30
Property, Plant & Equipment - Gross Cost
Plant and equipment
77,825 GBP2024-11-30
Motor vehicles
49,283 GBP2024-11-30
Computers
2,282 GBP2024-11-30
Property, Plant & Equipment - Gross Cost
129,390 GBP2024-11-30
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Plant and equipment
44,743 GBP2025-11-30
29,178 GBP2024-11-30
Motor vehicles
33,138 GBP2025-11-30
24,302 GBP2024-11-30
Computers
1,027 GBP2025-11-30
713 GBP2024-11-30
Property, Plant & Equipment - Accumulated Depreciation & Impairment
78,908 GBP2025-11-30
54,193 GBP2024-11-30
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Plant and equipment
15,565 GBP2024-12-01 ~ 2025-11-30
Motor vehicles
8,836 GBP2024-12-01 ~ 2025-11-30
Computers
314 GBP2024-12-01 ~ 2025-11-30
Property, Plant & Equipment - Increase From Depreciation Charge for Year
24,715 GBP2024-12-01 ~ 2025-11-30
Property, Plant & Equipment
Plant and equipment
33,082 GBP2025-11-30
48,647 GBP2024-11-30
Motor vehicles
16,145 GBP2025-11-30
24,981 GBP2024-11-30
Computers
1,255 GBP2025-11-30
1,569 GBP2024-11-30
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Motor vehicles, Under hire purchased contracts or finance leases
6,264 GBP2024-12-01 ~ 2025-11-30
Property, Plant & Equipment
Motor vehicles, Under hire purchased contracts or finance leases
6,265 GBP2025-11-30
12,529 GBP2024-11-30
Trade Debtors/Trade Receivables
Amounts falling due within one year, Current
85,068 GBP2025-11-30
Current, Amounts falling due within one year
84,124 GBP2024-11-30
Other Debtors
Amounts falling due within one year, Current
5,329 GBP2025-11-30
Current, Amounts falling due within one year
14,385 GBP2024-11-30
Debtors
Amounts falling due within one year, Current
90,397 GBP2025-11-30
Current, Amounts falling due within one year
98,509 GBP2024-11-30
Finance Lease Liabilities - Total Present Value
Current
7,424 GBP2025-11-30
10,569 GBP2024-11-30
Trade Creditors/Trade Payables
Current
20,950 GBP2025-11-30
41,900 GBP2024-11-30
Other Taxation & Social Security Payable
Current
67,419 GBP2025-11-30
52,904 GBP2024-11-30
Other Creditors
Current
36,208 GBP2025-11-30
26,623 GBP2024-11-30
Finance Lease Liabilities - Total Present Value
Non-current
10,394 GBP2025-11-30
17,775 GBP2024-11-30
Other Creditors
Non-current
505 GBP2024-11-30
Amounts set aside to cover potential liabilities or losses
Deferred taxation
9,294 GBP2025-11-30
15,775 GBP2024-11-30

  • MAGNETIX LTD
    Info
    Registered number SC681153
    1 Cambuslang Court, Glasgow G32 8FH
    PRIVATE LIMITED COMPANY incorporated on 2020-11-17 (5 years 6 months). The status of the company number is Active.
    The last date of confirmation statement was made at 2025-08-22
    CIF 0
child relation
Offspring entities and appointments 0
  • Not found in our database.

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Contains public sector information retrieved at 22 April 2026 and licensed under the Open Government Licence v3.0.