Company Overview
Magnet Expert Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 21 October 2008, so this is a well established company. Magnet Expert Ltd has been in business for 17 years and 5 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Magnet Expert Ltd Walker Industrial Estate, Ollerton Road, Tuxford, Nottinghamshire, NG22 0PQ
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Companies House Data
Company NameMAGNET EXPERT LTD
Company Number06728679
Registered Office AddressMagnet Expert Ltd Walker Industrial Estate
 Ollerton Road
 NG22 0PQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date21/10/2008
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date18/11/2016
Returns Last Made Up Date21/10/2015
Directors & Members
Show Resigned
Lawrance Allen - Director
(British, 38 years old, born February 1988)
Appointed 08 February 2022
 Active
Matthew Ellis-Mather - Director
(British, 36 years old, born October 1990)
Appointed 06 August 2012
 Active
Stuart Ellis-Mather - Director
(British, 39 years old, born September 1987)
Appointed 06 August 2012
 Active
Lindsey Melady - Director
(British, 49 years old, born August 1977)
Appointed 03 January 2014
 Active
Secretaries
Show Resigned
Other Company Directorships
Lawrance Allen
ELLIS MATHER GROUP LIMITED
Matthew Ellis-Mather
ALPHADISS LIMITED
EAZIDOO LIMITED
ELLIS MATHER GROUP LIMITED
ELLIS MATHER HOLDINGS LIMITED
ELLIS MATHER MANUFACTURING LIMITED
FIRST4MAGNETS LIMITED
NEODYMIUM MAGNETS LIMITED
REANIME LTD
RYOHKI LIMITED
Stuart Ellis-Mather
ALPHADISS LIMITED
EAZIDOO LIMITED
ELLIS MATHER GROUP LIMITED
ELLIS MATHER HOLDINGS LIMITED
ELLIS MATHER MANUFACTURING LIMITED
FIRST4MAGNETS LIMITED
NEODYMIUM MAGNETS LIMITED
Lindsey Melady
ELLIS MATHER GROUP LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 90,920 90,920 81,597
Current Assets 2,524,145 2,524,145 2,517,950
Creditors Due Within One Year 514,362 514,362 450,965
Working Cap 2,009,783 2,009,783 2,066,985
Total Assets Less Current Liabilities 2,100,703 2,100,703 2,148,582
Long-term Liabilities 27,802 27,802 32,235
Net Assets 2,072,901 2,072,901 2,116,347
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,072,901 2,072,901 2,116,347
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 3.5% 3.5% 3.1%
Stocks Inventory - - -
Debtors 40.1% 40.1% 38.4%
Cash Bank In Hand 14.1% 14.1% 26.0%
Current Assets 96.5% 96.5% 96.9%
Creditors Due Within One Year 19.7% 19.7% 17.3%
Net Current Assets Liabilities 76.9% 76.9% 79.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 79.3% 79.3% 81.4%
Capital Employed - - -
Total Assets Less Current Liabilities 80.3% 80.3% 82.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 4.9 4.9 5.6
Solvency Ratio 4.8 4.8 5.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 2,615,065 2,615,065 2,599,547
Debt 542,164 542,164 483,200
Net Assets/Debt 2,072,901 2,072,901 2,116,347

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 19 October 2025 with updates
Director's details changed for Mr Stuart Anderson Ellis-Mather on 31 January 2025
Director's details changed for Mr Matthew James George Ellis-Mather on 31 January 2025
Director's details changed for Mr Matthew James George Ellis-Mather on 29 January 2025
Director's details changed for Mr Stuart Anderson Ellis-Mather on 29 January 2025
Confirmation statement made on 19 October 2024 with updates
Director's details changed for Mr Lawrance Ralph Allen on 31 January 2024
Confirmation statement made on 19 October 2023 with updates
Confirmation statement made on 21 October 2022 with updates
Termination of appointment of David Gault as a director on 16 May 2022
Appointment of Mr Lawrance Ralph Allen as a director on 8 February 2022
Resolutions
Memorandum and Articles of Association
Confirmation statement made on 21 October 2021 with updates
Confirmation statement made on 21 October 2020 with updates
Confirmation statement made on 21 October 2019 with updates
Director's details changed for Mr Matthew James George Ellis-Mather on 21 October 2019
Director's details changed for Mr Stuart Anderson Ellis-Mather on 21 October 2019
Director's details changed for Mrs Lindsey Melady on 21 October 2019
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