Magnet Schultz Limited

  • Active
  • Small
  • 58 years
  • 16 employees
  • £5,628,218 (cur assets)
  • 1m-15m
  • Regular importer
  • Regular exporter
  • Real address
  • 4 directors
  • 1 owner
  • Woking
  • Rating 5.0 (1)

Field of Operation

Manufacture of electronic components
26110 1813 companies

Website

Social media

Summary

Magnet Schultz Ltd, based in Woking, UK, is a small, active company with a long history, having been founded 57 years ago in 2017. With 15 employees and £4,626,846 in assets, it’s a well-established player in its sector. The company boasts a perfect 5.0 Google rating based on one review, a testament to its customer service. Five directors and one owner steer the ship, with Schultz Albert Wolfgang listed as the owner.

The company specializes in the manufacture of electronic components, operating primarily in the electrical machinery and equipment industry. It's a regular importer, bringing in electrical machinery and equipment for 95 months, and a consistent exporter for 156 months. The last import and export operations both took place in March 2025. Its website showcases a range of products, including solenoid locks, latches, valves, and electromagnets, catering to various industries. It also offers bespoke design services and documentation.

Financially, Magnet Schultz Ltd appears to be in a mixed state. Creditors increased by 66%, and net deferred tax liability decreased by 14%. Cash bank on hand, however, saw a significant boost, rising 31%. Trade debtors also increased by 19%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the increase in creditors is something to keep an eye on. The company’s accounts are audited by Wellden Turnbull, and the senior statutory auditor is Mark Nelligan FCA. While the company is profitable, the increase in liabilities suggests it may be burning through cash a little faster than it’s bringing it in, but it's a small company and these fluctuations are not unusual.

Registered in England/Wales under the registration number 00912104, with a registered address at GU22 9LD, Woking, Surrey, 3-4 Capital Park, High Street, Old Woking.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Owners & PSC

  • 9 years
  • 25%+

Managers

Director
Secretary
Managing director
Director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Termination of appointment of Robert William Kershaw as a director on 2025-12-31
  2. Confirmation statement made on 2025-12-07 with no updates
  3. Accounts for a small company made up to 2025-06-30

Importer profile by HS codes

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Import HS codes in detail

Last imported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Exporter profile by HS codes

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Export HS codes in detail

Last exported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

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