Magna Spectrum Ltd

Magna Spectrum Ltd, based in Wellingborough, UK, is a small, active company founded three years ago. With £2,410 in assets and a real address, it’s a solo-founded operation led by a single director and owner. The company operates in a variety of industries, including retail sales via stalls and markets, mail order, and the manufacture of rusks and biscuits. It also has a strong focus on metal separation equipment.

The company’s website showcases a diverse range of metal separation solutions, from eddy current separators to overband magnets and drum magnets. It caters to industries like waste management, scrap metal recycling, and even food processing, with a particular emphasis on applications like fridge recycling and cable processing. They also offer support services, including parts, repairs, and installation. The site’s extensive product gallery, case studies, and news section highlight its expertise and commitment to innovation. They recently moved to Housman Works, George Road, Bromsgrove, B60 3BF, England.

Financially, Magna Spectrum Ltd presents a picture of a small business with limited resources. Net assets stand at -£4,500, and cash reserves are a modest £2,300. Bank borrowings remain at £7,300, and creditors are also at £7,300. The lack of employees (zero reported) suggests a lean operation, and the small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it agile. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

While the metal separation equipment business seems active and well-positioned, the financials reveal a need for careful management. Whether the company can sustain its growth and innovation with limited resources remains to be seen—but for now, Magna Spectrum Ltd is betting on its expertise and specialized solutions to carve out a niche in the market.

Registered in England/Wales under the registration number 13395295, with a registered address at NN8 1EN, England, Wellingborough, 123 Albert Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.