Magnomatics Limited

Magnomatics Ltd, based in Sheffield, UK, is a small holding company with an active status, having been founded eighteen years ago in 2006. Employing twenty-six people, the company holds assets worth £2,651,685 and operates from a real address. With four directors and two owners, Magnomatics is a regular importer of electrical machinery and equipment (fifteen months of imports, the last in February 2025) but an irregular exporter (two months of exports, the last in March 2024).

The company’s website showcases a focus on energy-efficient motors and generators, highlighting their expertise in driving magnetic gears forward. They provide design and analysis services, manufacture a wide range of electrical machines, and offer consultancy services. The site details solutions for various industries, including wind energy, aerospace, marine propulsion, and industrial motors, with a particular emphasis on hybrid vehicles and ocean energy. Products like magnetically geared thrusters and traction motors are also featured.

Financially, Magnomatics Ltd presents a mixed picture. While current assets increased by 37% to £2,700,000, net assets actually decreased by 8% to £2,900,000. Bank borrowings decreased by 33% to £20,000, and cash reserves increased by a significant 60% to £1,100,000. Creditors, however, saw a substantial 77% increase to £1,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in equity is something to watch. No auditor is mentioned, which is likely due to the company’s exemption as a small entity. The company’s focus on specialized technology and niche markets—like hybrid vehicles and ocean energy—suggests a strategic approach, but the financial data indicates it’s still navigating the challenges of growth.

Registered in England/Wales under the registration number 05878200, with a registered address at S2 5BQ, Sheffield, South Yorkshire, Park House, Bernard Road.

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