BUNTING MAGNETICS EUROPE LIMITED
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Cash
£4.7m
+34.4% highest in 3 filed years
Net assets
£6.4m
+9.7% highest in 3 filed years
Employees
71
-5.3% lowest in 3 filed years
Profit before tax
£519k
-53.9% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £18,349,465 | £15,934,288 | £14,845,099 | -6.8% | |
| Operating profit | £1,416,129 | £1,220,164 | £613,933 | -49.7% | |
| Profit before tax | £1,296,521 | £1,125,952 | £519,223 | -53.9% | |
| Net profit | £1,003,828 | £723,887 | £565,651 | -21.9% | |
| Cash | £1,709,396 | £3,477,866 | £4,673,848 | +34.4% | |
| Total assets less current liabilities | £6,965,071 | £7,443,222 | £7,761,052 | +4.3% | |
| Net assets | £5,100,335 | £5,824,222 | £6,389,873 | +9.7% | |
| Equity | £5,100,335 | £5,824,222 | £6,389,873 | +9.7% | |
| Average employees | 90 | 75 | 71 | -5.3% | |
| Wages | £3,724,862 | £3,536,667 | £3,578,333 | +1.2% | |
| Directors' remuneration | £156,448 | £131,026 | £219,421 | +67.5% | |
| Directors' pension contributions | £23,615 | £10,672 | £11,406 | +6.9% | |
| Highest paid director | — | £141,698 | £170,537 | +20.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 7.7% | 7.7% | 4.1% | |
| Net margin | 5.5% | 4.5% | 3.8% | |
| Return on capital employed | 20.3% | 16.4% | 7.9% | |
| Gearing (liabilities / total assets) | 62.3% | 58.0% | 57.1% | |
| Current ratio | 1.54x | 1.65x | 1.64x | |
| Interest cover | 11.84x | 12.95x | 6.45x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- BUNTING MAGNETICS EUROPE LIMITED 2012-01-03 → present
- MAGNET APPLICATIONS LIMITED 1964-02-03 → 2012-01-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.”
Group structure
- BUNTING MAGNETICS EUROPE LIMITED · parent
- E Magnets UK 100%
- Master Magnets Limited 100%
- Mastermag Limited 100%
- Metal Detection Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUNTING JR, Robert John | Director | 2023-06-23 | May 1980 | American |
| CHIRIKURE, Murisi | Director | 2025-07-08 | Jul 1964 | British |
| COLEMAN, Adrian Grant | Director | 2023-06-23 | Dec 1967 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENNETT, David Edward Knowles | Secretary | — | 1993-12-30 |
| DANES, Christopher Martin | Secretary | 1998-11-20 | 2010-08-20 |
| DANES, Christopher Martin | Secretary | 1993-12-31 | 1995-11-27 |
| GILLING, Sarah | Secretary | 2018-05-31 | 2021-10-07 |
| MILLS, Yvonne | Secretary | 2021-10-07 | 2023-08-31 |
| PAPWORTH, Gordon Stanley | Secretary | 1995-11-13 | 1998-11-20 |
| TURNER, Robert Bryan | Secretary | 2010-08-20 | 2013-02-19 |
| WEBB, Robert Arthur | Secretary | 2013-02-20 | 2018-05-30 |
| ALLENZA, Antonino | Director | 1995-11-13 | 1998-11-20 |
| AYLING, Simon Adrian | Director | 2013-01-01 | 2023-08-04 |
| BENNETT, David Edward Knowles | Director | — | 1993-12-30 |
| BLUNDEN, Keith | Director | — | 2003-09-28 |
| BROOKER CAREY, Brian | Director | — | 1993-03-20 |
| BUNTING, Robert John | Director | 2008-04-03 | 2025-06-17 |
| CARR, David Glenn | Director | 2008-04-03 | 2008-07-21 |
| CHARPENTIER, Jacques | Director | — | 1994-02-23 |
| COLLIER, Charles Leslie | Director | 2009-10-16 | 2010-08-31 |
| COOPER, James | Director | 1994-03-12 | 1996-10-31 |
| CRAWFORD, Larry Lee | Director | 2011-01-04 | 2011-02-08 |
| DANES, Christopher Martin | Director | 1993-12-31 | 2008-03-28 |
| DONAGHUE, Douglas | Director | 2008-11-06 | 2010-09-28 |
| GILLING, Sarah Jane | Director | 2018-05-31 | 2021-10-07 |
| HUDSON, David John | Director | — | 1998-01-31 |
| SADLER, Peter | Director | 1994-03-12 | 1995-11-13 |
| STEFF, Richard | Director | — | 2011-10-31 |
| THOMPSON, Alan Sydney | Director | 1994-03-12 | 1995-11-13 |
| TURNER, Robert Bryan | Director | 2009-10-16 | 2013-05-13 |
| WEBB, Robert Arthur | Director | 2013-05-14 | 2018-05-30 |
| WIGHTMAN, Timothy Redmayne | Director | 1995-11-13 | 1998-11-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bunting Magnetics Co | Legal person | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 197 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-08-29 MA Memorandum articles
- 2023-08-29 RESOLUTIONS Resolution
- 2023-08-23 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-10 | AA | accounts | Accounts with accounts type full | |
| 2026-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type group | |
| 2023-09-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-08-29 | MA | incorporation | Memorandum articles | |
| 2023-08-29 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-23 | CC04 | change-of-constitution | Statement of companys objects | |
| 2023-08-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-12-20 | AA | accounts | Accounts with accounts type group | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.