{"name":"MAGNETIC SYSTEMS TECHNOLOGY LIMITED","company_number":"02763007","status":"Active","type":"Private Limited Company","incorporated":"1992-11-09","dissolved":null,"registered_office":"Unit 3 Temple Close, Rotherham, England, S60 1FH","postcode":"S60 1FH","sic_codes":[{"code":27110,"description":"Manufacture of electric motors, generators and transformers"},{"code":27900,"description":"Manufacture of other electrical equipment"},{"code":72190,"description":"Other research and experimental development on natural sciences and engineering"}],"principal_activity":"The company's principal activity during the year was the design and","previous_names":[{"name":"ARBREW LIMITED","changed_on":"1993-01-06"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":159,"accounts_date":"2022-12-31"},"financials":[{"financial_date":"2022-12-31","turnover":22955835,"profit_loss":1096032,"net_assets":4050628,"cash":153933,"average_employees":159},{"financial_date":"2021-12-31","turnover":10862627,"profit_loss":216788,"net_assets":2959392,"cash":762285,"average_employees":131},{"financial_date":"2020-12-31","turnover":6243983,"net_assets":3116881,"cash":357325},{"financial_date":"2019-12-31","net_assets":2579889,"cash":160850},{"financial_date":"2018-12-31","net_assets":1671968,"cash":429761}],"officers":{"current":3,"resigned":15,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Magnetic Systems Technology Limited is a rapidly growing business with a strong underlying turnaround in profitability, marked by a doubling of turnover and a return to positive EBITDA in 2022. However, this hyper-growth, combined with heavy R&D investment and inflationary margin pressures, has severely depleted cash reserves, creating a liquidity risk that requires immediate working capital management.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/magnetic-systems-technology","people":"https://www.companiesintheuk.co.uk/company/magnetic-systems-technology/people","filing_history":"https://www.companiesintheuk.co.uk/company/magnetic-systems-technology/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02763007","financials":"https://www.companiesintheuk.co.uk/company/magnetic-systems-technology/financial","control":"https://www.companiesintheuk.co.uk/company/magnetic-systems-technology/control","charges":"https://www.companiesintheuk.co.uk/company/magnetic-systems-technology/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/magnetic-systems-technology/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/magnetic-systems-technology"}