Magnet Schultz Limited
- Small
- Active
- 57 years
- 15 employees
- £4,626,846 (assets)
- Real address
- 5 directors
- 1 owner
- Regular importer
- Regular exporter
- Rating 5.0 (1)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
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.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of Germany
Managers
-
Individual
- N/A
-
Resident of Germany
-
Individual
- 6 years
-
Resident of United Kingdom
-
Individual
- 6 years
-
Resident of United Kingdom
-
Individual
- 7 years
-
Resident of United Kingdom
-
Individual
- 22 years
-
Resident of Germany
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Director's details changed for Mr Robert William Kershaw on 2025-01-01Download 2 pages pdf report
-
Director's details changed for Mr Robert Michael Sam on 2025-01-01Download 2 pages pdf report
-
Confirmation statement made on 2024-12-07 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Magnet Schultz Limited
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!