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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
Active 4
  • 1
    Fletcher, Sharon
    Born in September 1989
    Individual (1 offspring)
    Officer
    icon of calendar 2020-11-17 ~ now
    OF - Director → CIF 0
    Mrs Sharon Fletcher
    Born in September 1989
    Individual (1 offspring)
    Person with significant control
    icon of calendar 2020-11-17 ~ 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 directors → CIF 0
  • 2
    Summers, John
    Born in March 1964
    Individual (3 offsprings)
    Officer
    icon of calendar 2025-08-21 ~ now
    OF - Director → CIF 0
  • 3
    Summers, Sean
    Born in July 1985
    Individual (2 offsprings)
    Officer
    icon of calendar 2021-02-01 ~ now
    OF - Director → CIF 0
    Mr Sean Summers
    Born in July 1985
    Individual (2 offsprings)
    Person with significant control
    icon of calendar 2022-05-09 ~ now
    PE - Right to appoint or remove directors → CIF 0
    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
  • 4
    Summers, Roseann
    Individual (1 offspring)
    Officer
    icon of calendar 2025-07-31 ~ now
    OF - Secretary → CIF 0
parent relation
Company in focus

MAGNETIX LTD

Standard Industrial Classification
71129 - Other Engineering Activities
Brief company account
Property, Plant & Equipment
75,197 GBP2024-11-30
90,698 GBP2023-11-30
Debtors
98,509 GBP2024-11-30
21,516 GBP2023-11-30
Cash at bank and in hand
31,641 GBP2024-11-30
71,914 GBP2023-11-30
Current Assets
130,150 GBP2024-11-30
93,430 GBP2023-11-30
Creditors
Current
131,996 GBP2024-11-30
84,822 GBP2023-11-30
Net Current Assets/Liabilities
-1,846 GBP2024-11-30
8,608 GBP2023-11-30
Total Assets Less Current Liabilities
73,351 GBP2024-11-30
99,306 GBP2023-11-30
Net Assets/Liabilities
39,296 GBP2024-11-30
31,025 GBP2023-11-30
Equity
Called up share capital
100 GBP2024-11-30
100 GBP2023-11-30
Retained earnings (accumulated losses)
39,196 GBP2024-11-30
30,925 GBP2023-11-30
Equity
39,296 GBP2024-11-30
31,025 GBP2023-11-30
Average Number of Employees
52023-12-01 ~ 2024-11-30
42022-12-01 ~ 2023-11-30
Property, Plant & Equipment - Gross Cost
Plant and equipment
77,825 GBP2024-11-30
66,398 GBP2023-11-30
Motor vehicles
49,283 GBP2024-11-30
49,283 GBP2023-11-30
Computers
2,282 GBP2024-11-30
1,273 GBP2023-11-30
Property, Plant & Equipment - Gross Cost
129,390 GBP2024-11-30
116,954 GBP2023-11-30
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Plant and equipment
29,178 GBP2024-11-30
13,614 GBP2023-11-30
Motor vehicles
24,302 GBP2024-11-30
12,321 GBP2023-11-30
Computers
713 GBP2024-11-30
321 GBP2023-11-30
Property, Plant & Equipment - Accumulated Depreciation & Impairment
54,193 GBP2024-11-30
26,256 GBP2023-11-30
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Plant and equipment
15,564 GBP2023-12-01 ~ 2024-11-30
Motor vehicles
11,981 GBP2023-12-01 ~ 2024-11-30
Computers
392 GBP2023-12-01 ~ 2024-11-30
Property, Plant & Equipment - Increase From Depreciation Charge for Year
27,937 GBP2023-12-01 ~ 2024-11-30
Property, Plant & Equipment
Plant and equipment
48,647 GBP2024-11-30
52,784 GBP2023-11-30
Motor vehicles
24,981 GBP2024-11-30
36,962 GBP2023-11-30
Computers
1,569 GBP2024-11-30
952 GBP2023-11-30
Property, Plant & Equipment - Gross Cost
Under hire purchased contracts or finance leases, Motor vehicles
18,793 GBP2024-11-30
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Under hire purchased contracts or finance leases, Motor vehicles
6,264 GBP2023-12-01 ~ 2024-11-30
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Under hire purchased contracts or finance leases, Motor vehicles
6,264 GBP2024-11-30
Property, Plant & Equipment
Under hire purchased contracts or finance leases, Motor vehicles
12,529 GBP2024-11-30
Trade Debtors/Trade Receivables
Current, Amounts falling due within one year
84,124 GBP2024-11-30
Amounts falling due within one year, Current
18,776 GBP2023-11-30
Other Debtors
Current, Amounts falling due within one year
14,385 GBP2024-11-30
Amounts falling due within one year, Current
2,740 GBP2023-11-30
Debtors
Current, Amounts falling due within one year
98,509 GBP2024-11-30
Amounts falling due within one year, Current
21,516 GBP2023-11-30
Finance Lease Liabilities - Total Present Value
Current
10,569 GBP2024-11-30
10,058 GBP2023-11-30
Trade Creditors/Trade Payables
Current
41,900 GBP2024-11-30
15,145 GBP2023-11-30
Other Taxation & Social Security Payable
Current
52,904 GBP2024-11-30
32,488 GBP2023-11-30
Other Creditors
Current
26,623 GBP2024-11-30
27,131 GBP2023-11-30
Finance Lease Liabilities - Total Present Value
Non-current
17,775 GBP2024-11-30
28,386 GBP2023-11-30
Other Creditors
Non-current
505 GBP2024-11-30
13,697 GBP2023-11-30
Amounts set aside to cover potential liabilities or losses
Deferred taxation
15,775 GBP2024-11-30
26,198 GBP2023-11-30
  • MAGNETIX LTD
    Info
    Registered number SC681153
    icon of address1 Cambuslang Court, Glasgow G32 8FH
    PRIVATE LIMITED COMPANY incorporated on 2020-11-17 (5 years 1 month). The company status is Active.
    The last date of confirmation statement was made at 2024-11-16
    CIF 0
child relation
Offspring entities and appointments
Active 0
  • Not found in our database.

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Contains public sector information retrieved at 12 November 2025 and licensed under the Open Government Licence v3.0.