Magnetic Shields Limited

Magnetic Shields Limited, a medium-sized company based in Staplehurst, UK, has been a fixture in the magnetic shielding industry for 68 years. Founded in 1957, the company employs 91 people and boasts assets of £8,042,497, with a yearly revenue of £11,957,277. It operates as a holding company with five directors and one owner, regularly importing and exporting nickel and nickel products—182 months of exports and 75 months of imports recorded.

The company specializes in the design and manufacture of magnetic shielding solutions, catering to a wide range of industries, including automotive, motorsport, aviation, and marine. Their website highlights a comprehensive suite of products and services, from MuRoom shielded rooms to bespoke shielding solutions and heat treatment. They offer end-to-end engineering support, from initial specification to final production, and even provide maintenance and recycling services. Their state-of-the-art facilities, including Europe's largest commercially available furnaces, ensure high-quality shielding properties.

Financially, Magnetic Shields Limited shows a mixed picture. While turnover increased by 11% to £12 million, net assets decreased by 12% to £4.6 million. Cash reserves fell by 27% to £1.3 million, while bank borrowings increased by 16% to £1.7 million. Creditors also rose by 15% to £5.3 million. The company’s size—meeting two of three conditions for a medium company—allows for agility, but the decrease in equity suggests potential financial pressures. The company’s auditor is Gowers Limited, and the financial statements were approved on February 5th, 2025.

The company’s consistent import and export activity, combined with its focus on specialized shielding solutions, indicates a stable business model. However, the increase in bank borrowings and decrease in cash reserves warrant close monitoring. It's likely that the company is investing in expanding its capabilities or responding to increased demand, but the financial trends suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 00581158, with a registered address at TN12 0DS, Staplehurst, Kent, Magnetic Shields, Headcorn Road.

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