MAGNET RECORDS LIMITED

Active01071062|Private Limited Company|Est. 54 years ago|Updated 14 Mar 2026
63
Stable
Financial Health
46
Compliance & Legal
74
Governance & Structure
63
Network Risk
67
Operational Quality
70

MAGNET RECORDS LIMITED (01071062) is a long-established private limited company based in LONDON, with over 54 years of operating history since 1972. The company operates in the wholesale of audio tapes, records, cds and video tapes and the equipment on which these are played sector. We currently track 10 data signals for this company from 5 sources. The current risk score is 63/100, classified as "stable".

Key Facts

Status
Active
Company Type
Private Limited Company
Location
LONDON, EC4N 6AF
Incorporated
11 Sept 1972
Accounts Category
FULL
Next Accounts Due
30 Jun 2026
Next Statement Due
21 Jun 2026
Mortgage Charges
5
Outstanding
0

About MAGNET RECORDS LIMITED

MAGNET RECORDS LIMITED is an active London-based private limited company incorporated in 1972 that operates in the wholesale of audio tapes, records, CDs, and related equipment, currently having 3 active officers and 5 active charges.

Directors (3)

View all
  • MM
    MR MICHAEL JOHN WATSON
    Director since 31 Jan 2021
  • MC
    MS CHARLOTTE CHLOE SAXE
    Director since 30 Sept 2022
  • Director since 30 Nov 2025

Data Signals

View details
10
Total Signals
5
Data Sources
63/100
Risk Score

Limited public data available — fewer records than most UK companies. Risk score of 63 — no major risk signals detected.

Governance
3
Risk
3
Compliance
2
Financial
2

Industry Context

MAGNET RECORDS LIMITED is 1 of 73 wholesale of audio tapes, records, cds and video tapes and the equipment on which these are played companies in LONDON, out of 320 active companies in this sector nationally (371 including dissolved).

11 yrs
Sector avg. age
98.8%
Older than peers
Company: 54 yearsSector avg: 11 yrs
Older than 98.8% of active companies in this sector

Director Network

The 3 directors of MAGNET RECORDS LIMITED are connected to 28 other companies. Of these, 1 (4%) are dissolved or failed.

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Frequently Asked Questions

What does MAGNET RECORDS LIMITED do?

MAGNET RECORDS LIMITED is an active London-based private limited company incorporated in 1972 that operates in the wholesale of audio tapes, records, CDs, and related equipment, currently having 3 active officers and 5 active charges..

Who are the directors of MAGNET RECORDS LIMITED?

Current directors include MR MICHAEL JOHN WATSON, MS CHARLOTTE CHLOE SAXE, .

Where is MAGNET RECORDS LIMITED registered?

MAGNET RECORDS LIMITED is registered at CANNON PLACE, 78, LONDON, EC4N 6AF, United Kingdom.

What is the SIC code for MAGNET RECORDS LIMITED?

MAGNET RECORDS LIMITED operates under SIC code 46431 — Wholesale of audio tapes, records, CDs and video tapes and the equipment on which these are played.

What is the risk score for MAGNET RECORDS LIMITED?

MAGNET RECORDS LIMITED has a risk score of 63 out of 100, classified as "Stable". This score is calculated from 10 data signals across 5 government sources.

When are the next accounts due for MAGNET RECORDS LIMITED?

The next accounts for MAGNET RECORDS LIMITED are due on 30 Jun 2026.

What is the wholesale of audio tapes, records, cds and video tapes and the equipment on which these are played dissolution rate?

The dissolution rate for the wholesale of audio tapes, records, cds and video tapes and the equipment on which these are played sector in the UK is N/A%. The average company age in this sector is 11 years.

Is MAGNET RECORDS LIMITED still trading?

MAGNET RECORDS LIMITED is currently listed as "Active" on Companies House, indicating it is still a registered company. An "Active" status means the company has not been dissolved, struck off, or entered into liquidation.

Data is updated daily from official UK government sources. Information is provided for reference only.