MAGNET 2020 LTD Financials
- Company number
- 12703170Copy
Copy - Registered office
- The Pavilion, Queens Gardens, Tadcaster LS24 9HD
- Incorporated
- 29/06/2020
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
No changevs 20242024: £67.24K
Total Assets
-27.53%vs 20242024: £158.74K
Cash in Bank
-27.66%vs 20242024: £142.12K
Total Liabilities
-47.75%vs 20242024: £91.50K
Employees
+1vs 20242024: 9
In 2025, MAGNET 2020 LTD reported net assets of £67.24K. The same filing shows total assets of £115.04K, cash in bank of £102.81K and total liabilities of £47.81K. Reported headcount was 10 in 2025. Total Assets fell from £158.74K in 2024 to £115.04K in 2025 (-27.53%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
No changefrom £67.24K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MAGNET 2020 LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
0%vs 20230% a year compound (CAGR)
Cash in Bank
-4.6%vs 2023-2.3% a year compound (CAGR)
Total Assets
-8.7%vs 2023-4.5% a year compound (CAGR)
Total Liabilities
-18.7%vs 2023-9.8% a year compound (CAGR)
Employees
-16.7%vs 2023-2Biggest decrease
Total Liabilities-18.7%
£58.79K in 2023 to £47.81K in 2025
Every measure that changed in MAGNET 2020 LTD's filings between 2023 and 2025 fell. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with cash in bank, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGNET 2020 LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 58.45%2025
- Liabilities to total assets
- 41.55%2025
- Cash to liabilities
- 215.06%2025
- Cash to total assets
- 89.37%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MAGNET 2020 LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.00 | 47.63K | 67.24K | 67.24K | 67.24K |
| Total Assets£ | – | – | 126.02K | 158.74K | 115.04K |
| Cash in Bank£ | 1.00 | 67.07K | 107.73K | 142.12K | 102.81K |
| Total Liabilities£ | – | – | 58.79K | 91.50K | 47.81K |
| Employees | – | 13 | 12 | 9 | 10 |
MAGNET 2020 LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MAGNET 2020 LTD filed financial statements?
Yes. Okredo holds filed figures for MAGNET 2020 LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MAGNET 2020 LTD report in 2025?
MAGNET 2020 LTD reported net assets of £67.24K for 2025. That compares with £67.24K in 2024.
What total assets did MAGNET 2020 LTD report in 2025?
MAGNET 2020 LTD reported total assets of £115.04K for 2025. That compares with £158.74K in 2024, a change of -27.53%.
What cash in bank did MAGNET 2020 LTD report in 2025?
MAGNET 2020 LTD reported cash in bank of £102.81K for 2025. That compares with £142.12K in 2024, a change of -27.66%.
How many people does MAGNET 2020 LTD employ?
MAGNET 2020 LTD reported 10 employees in 2025, compared with 9 in 2024.
How have MAGNET 2020 LTD financials changed over the last 3 years?
Between 2023 and 2025, MAGNET 2020 LTD's net assets was unchanged, cash in bank fell by 4.6%, total assets fell by 8.7% and total liabilities fell by 18.7%. Reported headcount went from 12 in 2023 to 10 in 2025 (-2). The largest fall over the period was total liabilities, down 18.7% from £58.79K to £47.81K.
Which years of MAGNET 2020 LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.