magnet & southerns limited Company Information
Company Number
02953047
Next Accounts
Sep 2025
Shareholders
nobia holdings uk ltd
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
c/o magnet limited, 3 allington way yarm road, business park darlington, county durham, DL1 4XT
Website
www.magnet.co.ukmagnet & southerns limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNET & SOUTHERNS LIMITED at £0 based on a Turnover of £0 and 0.67x industry multiple (adjusted for size and gross margin).
magnet & southerns limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNET & SOUTHERNS LIMITED at £0 based on an EBITDA of £0 and a 4.5x industry multiple (adjusted for size and gross margin).
magnet & southerns limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNET & SOUTHERNS LIMITED at £2 based on Net Assets of £1 and 2.14x industry multiple (adjusted for liquidity).
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Magnet & Southerns Limited Overview
Magnet & Southerns Limited is a live company located in business park darlington, DL1 4XT with a Companies House number of 02953047. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in July 1994, it's largest shareholder is nobia holdings uk ltd with a 100% stake. Magnet & Southerns Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Magnet & Southerns Limited Health Check
There is insufficient data available to calculate a health check for Magnet & Southerns Limited. Company Health Check FAQs


0 Strong

0 Regular

0 Weak

Size
There is insufficient data available for this Key Performance Indicator!
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Growth
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Production
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Profitability
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Employees
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Pay Structure
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Efficiency
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Debtor Days
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Creditor Days
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Stock Days
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Cash Balance
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Debt Level
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MAGNET & SOUTHERNS LIMITED financials

Magnet & Southerns Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £1. According to their latest financial statements, we estimate that Magnet & Southerns Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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* Earnings Before Interest, Tax, Depreciation and Amortisation
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Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
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Total Fixed Assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
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total assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
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net assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
total shareholders funds | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
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Change in Investments | 1 | ||||||||||||||
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magnet & southerns limited Credit Report and Business Information
Magnet & Southerns Limited Competitor Analysis

Perform a competitor analysis for magnet & southerns limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mature companies, companies in DL1 area or any other competitors across 12 key performance metrics.
magnet & southerns limited Ownership
MAGNET & SOUTHERNS LIMITED group structure
Magnet & Southerns Limited has no subsidiary companies.
Ultimate parent company
NOBIA AB
#0003990
2 parents
MAGNET & SOUTHERNS LIMITED
02953047
magnet & southerns limited directors
Magnet & Southerns Limited currently has 2 directors. The longest serving directors include Mrs Gemma Doyle (Jan 2023) and Mr George Dymond (May 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Gemma Doyle | 39 years | Jan 2023 | - | Director | |
Mr George Dymond | England | 50 years | May 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1
0%
total assets
1
0%
cash
0
0%
net assets
Total assets minus all liabilities
magnet & southerns limited company details
company number
02953047
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
July 1994
age
31
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
December 2023
previous names
house 3 limited (October 1994)
accountant
-
auditor
-
address
c/o magnet limited, 3 allington way yarm road, business park darlington, county durham, DL1 4XT
Bank
-
Legal Advisor
-
magnet & southerns limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to magnet & southerns limited.
magnet & southerns limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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magnet & southerns limited Companies House Filings - See Documents
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