TXT In plain English
Company description
MAGNET GROUP LIMITED is a UK company whose Companies House status is “Active” and whose registered company type is “Private Limited Company”. Incorporated on 21 March 2001; registered for 25 years; registered office reported in BUSINESS PARK DARLINGTON, COUNTY DURHAM. Its primary declared activity is 32990 · Other manufacturing n.e.c..
This BritDB profile also contains linked public records: 2 PSC records, 1 waste registration. This description is assembled from public data, is not a reliability assessment, and should be checked against the cited sources before a legally significant decision.
Web facts are never added from a name match alone. Internet enrichment requires the exact Companies House ID in Wikidata, and ambiguous results are excluded.
01 Company overview
Identity and registration
- Official name
- MAGNET GROUP LIMITED
- Company number
- 04184676
- Company type
- Private Limited Company
- Status
- Active
- Country of origin
- United Kingdom
- Dissolution date
- Not supplied
- Accounts category
- GROUP
- Mortgage charges
- 6 total · 2 outstanding · 4 satisfied
- Limited partnership members
- 0 general · 0 limited
A registered office is not necessarily a trading location. The address is reproduced from the Companies House bulk record and should be interpreted in that legal context.
02 Filing dates
Accounts and statements
Last accounts made up to
31 December 2024Next accounts due
30 September 2026Last statement made up to
21 March 2026Next statement due
4 April 2027BritDB does not infer overdue status when the source does not state it.
03 Supplier payments
Payment practices and performance
- Reporting period
- 1 January 2025 – 30 June 2025
- Filed
- 30 July 2025
- Shortest standard term
- 0 days
- Longest standard term
- 90 days
- E-invoicing offered
- No
- Supply-chain finance
- Not offered
- Payment codes
- No
- Construction retentions
- No qualifying construction contracts
Complete reported payment fields
- Policy regime
- Regime-2
- Financial period started
- 1 January 2025
- Qualifying contracts
- Yes
- Payments made
- Yes
- Invoice value paid within 30 days
- £28,971,205
- Invoice value paid in 31–60 days
- £41,580,866
- Invoice value paid after 60 days
- £29,357,503
- Invoice value paid outside agreed terms
- £34,208,823
- Invoices paid in 31–60 days
- 39.0%
- Invoices unpaid due to dispute
- 10.0%
- Maximum contractual payment period
- 90 days
- Supplier-list charging policy
- No
- Supplier-list charges made
- No
Maximum contractual payment information
Our standard payment terms are 90 days. Exceptionally, shorter payment terms can be offered for various companies depending on the type of goods or services. 3% Settlement discounts offered for 30 days.
Reported terms and dispute process
- Standard payment terms
Exceptionally, shorter payment terms can be offered for various companies depending on the type of goods or services.
- Dispute resolution process
The main point of contact for disputes is the Purchase ledger team. Every invoice is checked against the corresponding goods receipt note and purchase order. Any discrepancy is resolved by reference to the responsible manager. We aim to resolve all disputes in a timely manner.
Earlier payment reports (11 shown)
- 61.0 average days to pay33.0% outside terms
- 55.0 average days to pay34.0% outside terms
- 55.0 average days to pay44.0% outside terms
- 52.0 average days to pay56.0% outside terms
- Average time not suppliedLate-payment rate not supplied
- 62.0 average days to pay56.0% outside terms
- 57.0 average days to pay35.0% outside terms
- 59.0 average days to pay41.0% outside terms
- 58.0 average days to pay30.0% outside terms
- 73.0 average days to pay54.0% outside terms
- 50.0 average days to pay32.0% outside terms
This is a company-submitted statutory disclosure, not a credit rating. BritDB preserves the reporting period and links the report only through the Companies House number supplied by the official service. Percentages describe payments made during that period and may change in later reports.
04 Supply-chain transparency
Modern slavery statement
- Organisation
- MAGNET GROUP LIMITED
- Group submission
- Yes
- Statement period
- 1 January 2020 – 31 December 2020
- Approved
- 28 April 2021
- Sectors
- Construction, civil engineering and building products Durable consumer goods, including electronics and appliances, home furnishings and other accessories
Organisation structure
Covered in the statement
Policies
Covered in the statement
Risk assessment
Covered in the statement
Due diligence
Covered in the statement
Training
Covered in the statement
Goals and KPIs
Covered in the statement
Full statement information supplied to the registry
- Reported turnover band
- Over £500 million
- Years producing statements
- 1 to 5 years
- ILO indicators included
- Not answered
- Registry record updated
- 2 June 2021
A registry entry records what the organisation declared in its statement. It is not an independent audit. Group statements can cover several companies; BritDB preserves each exact source-supplied company-number link and excludes approver names and email addresses.
05 Ownership and control
People with significant control
Mr Magnus MattsonSee 4 companies with this PSC name →
- Owns 75% or more of shares
- Controls 75% or more of voting rights
- Nationality
- Swedish
- Country of residence
- United Kingdom
- Notified
- 2 March 2026
- Anti Money Laundering Supervisory Bodies: HMRC
- Appointment Verification End On: 9999-12-31T00:00:00Z
- Appointment Verification Start On: 2026-03-05T00:00:00Z
- Authorised Corporate Service Provider Name: ELEMENTAL COSEC LIMITED ACSP
- Identity Verified On: 2025-12-18T00:00:00Z
- Preferred Name: Lars Magnus Mattsson
Nobia Ab
- Owns 75% or more of shares
- Country registered
- Sweden
- Legal authority
- Swedish Companies Act
- Legal form
- Public Limited Liability Company
- Place registered
- Nasdaq Omx Stockholm
- Registration number
- 556528-2752
- Notified
- 6 April 2016
- Ceased
- 2 March 2026
PSC records are company-filed public-register information. When the exact same displayed individual name occurs at multiple companies, BritDB offers a non-indexed cross-reference page. It is a name match only, not proof that the records describe the same person. Service addresses and partial dates of birth are deliberately omitted.
06 Charity register
Charity Commission links
No exact company-number link in this snapshot
The Charity Commission extract did not explicitly associate this Companies House number with a charity. BritDB does not use a name-only match to fill the gap.
This company-level check covers the Charity Commission for England and Wales. Links are accepted only when the official extract supplies this exact company registration number. Scottish charities now have separate OSCR profiles, but OSCR’s bulk fields do not provide a Companies House number, so BritDB does not infer a company link.
07 Northern Ireland charity register
CCNI exact company links
No unambiguous company-number link found
The CCNI source number did not resolve uniquely to this Companies House record. BritDB did not use a name or address match.
CCNI publishes company numbers without a jurisdiction prefix. BritDB links only when the plausible padded UK and NI candidates resolve to exactly one Companies House company.
08 Sanctions screening
UK Sanctions List
No exact business-registration-number link found
The imported UK Sanctions List did not supply this Companies House number as a UK-linked business identifier. BritDB did not attempt a name-only match.
No exact link is not sanctions clearance. UK restrictions can apply through ownership or control even where an entity is not separately named. Always use the current official list and obtain appropriate advice for a legally significant decision.
09 Public procurement
Find a Tender links
No exact GB-COH link in this snapshot
Find a Tender did not explicitly identify this Companies House number in a procurement party. BritDB did not attempt a name-only match.
These links use only the GB-COH identifier supplied in the procurement record. A company may have other public-sector work that is absent, older, below publication thresholds or published without a Companies House identifier.
10 Environmental register
Environment Agency waste registrations
This is a privacy-reduced, exact-company subset. The full official register also includes sole traders and applicants without a matching Companies House number. Check the current Environment Agency register before relying on registration status.
11 Nature of business
Standard Industrial Classification
12 Connected public record
Checks beyond the company register
Charity Commission
0 exact company-number links.
Northern Ireland charities
0 unambiguous company-number links.
Public contracts
0 procurement processes linked by exact GB-COH identifier.
Waste register
1 exact company-number registration.
Corporate notices
The Gazette is not yet connected.
UK Sanctions List
No exact business-registration-number link in this report.
A checked source with no exact link is not a clean bill of health. Unchecked sources remain unknown, while sanctions may also apply through ownership or control of a listed person or entity.
13 Record timeline
Dates in the bulk record
- Company name
Previous name: NOBIA HOLDINGS UK LIMITED
- Confirmation statement
Latest confirmation statement made up to this date
- Accounts
Latest accounts made up to this date
- Incorporation
Company incorporated
14 Provenance
Sources for this profile
Identity, address, status, dates, SIC, previous names and mortgage totals.
Statutory supplier-payment reports linked by the exact source-supplied Companies House number.
Annual statement summaries linked by exact source company number.
Current and ceased significant-control records joined by exact company number.
Daily England and Wales extract matched only by the official company registration number.
Daily CCNI export with company links only where the source number resolves unambiguously.
Complete FCDO list checked by exact UK-linked business registration number.
Procurement parties checked only through exact GB-COH identifiers.
Licensed subset linked only by exact Companies House number.
Financial regulation and licences.
Companies House, Charity Commission, OSCR and UK Sanctions List information is public-register data. BritDB reproduces and organises it with source-specific limits; official external links are kept on the dedicated source pages.