MAGNET GROUP LIMITED
Active Company no. 04184676 Incorporated Mar 2001 Manufacturing DL postcode area
C/O Magnet Limited, 3 Allington Way Yarm Road, Business Park Darlington, DL1 4XT
The most recent insolvency notice for MAGNET GROUP LIMITED is a Appointment of administrators, published 04 August 2026 in The London Gazette. Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
Last filed balance sheet
Accounts filed on paper only.
Insolvency notices (1)
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Appointment of administrators 04 Aug 2026
Magnet Group Limited has had joint administrators Stephen John Absolom and Ryan Grant appointed by the High Court on 3 August 2026.
Owed money by MAGNET GROUP LIMITED?
A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.
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Frequently asked questions
Is MAGNET GROUP LIMITED in administration?
The most recent insolvency notice for MAGNET GROUP LIMITED (company no. 04184676) is a Appointment of administrators, published 04 August 2026 in The London Gazette. Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
What were MAGNET GROUP LIMITED's last filed accounts?
Accounts filed on paper only for MAGNET GROUP LIMITED at Companies House.
How many insolvency notices does MAGNET GROUP LIMITED have?
MAGNET GROUP LIMITED has 1 insolvency notice recorded in The London Gazette, the most recent being a Appointment of administrators on 04 August 2026.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.