# Magnetic Business Development Ltd

## Details

- **Company number:** [05588053](https://find-and-update.company-information.service.gov.uk/company/05588053)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 10 Oct 2005
- **Registered office:** PACIFIC HOUSE SOVEREIGN HARBOUR INNOVATION PARK, 1 EASTER ISLAND PLACE, EASTBOURNE, BN23 6FA
- **Nature of business:** [70229](/sic/70229) Management consultancy activities other than financial management


## Previous names

- Gel Business Development Ltd (until 17 Mar 2016)




## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Ebony Varney | ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent, right-to-appoint-and-remove-directors | 6 Apr 2016 |  |



## Accounts

| Year ended | Net assets | Cash | Employees |
|---|---|---|---|
| 31 Oct 2025 | £739,389 | £558,819 | 0 |
| 31 Oct 2024 | £558,496 | £415,355 | 8 |
| 31 Oct 2023 | £448,563 | £410,125 | 5 |
| 31 Oct 2022 | £362,469 | £358,937 | 5 |
| 31 Oct 2021 | - | £242,312 | 5 |
| 31 Oct 2020 | - | £206,599 | 5 |
| 31 Oct 2019 | -£139,789 | - | 3 |
| 31 Oct 2018 | -£55,624 | - | 3 |
| 31 Oct 2017 | -£35,921 | - | - |






## Companies at the same address

- [Magnetic Business Academy Limited](/company/12110067) (12110067)