# Magnet Insurance Services Ltd

## Details

- **Company number:** [06664153](https://find-and-update.company-information.service.gov.uk/company/06664153)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 5 Aug 2008
- **Registered office:** NEWARK BEACON, CAFFERATA WAY, NEWARK, NG24 2TN
- **Nature of business:** [65120](/sic/65120) Non-life insurance
- **Corporate group:** [Ataraxia 18 Limited](/group/90908) (2 companies)



## Officers

| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATARAXIA 18 LIMITED | corporate-director | 31 Jul 2026 |  |



## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Mr David Nicholas Beach | ownership-of-shares-25-to-50-percent, voting-rights-25-to-50-percent | 5 Aug 2016 | 30 Sep 2023 |
| Mr Anthony Morgan Bound | ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent | 5 Aug 2016 | 31 Jul 2026 |
| Ataraxia 18 Limited | ownership-of-shares-50-to-75-percent, voting-rights-50-to-75-percent | 31 Jul 2026 |  |



## Accounts

| Year ended | Net assets | Cash | Employees |
|---|---|---|---|
| 31 Dec 2025 | £324,418 | £251,912 | 11 |
| 31 Dec 2024 | £220,136 | £161,901 | 10 |
| 31 Dec 2023 | £147,279 | £95,598 | 14 |
| 31 Dec 2022 | £410,905 | £379,955 | 18 |
| 31 Dec 2021 | £481,586 | £472,395 | 14 |
| 31 Dec 2020 | £290,727 | £1,035,700 | 13 |
| 31 Dec 2019 | £818,478 | £841,995 | 13 |
| 31 Dec 2018 | £747,660 | £708,411 | 15 |
| 31 Dec 2017 | £610,007 | £355,681 | 15 |
| 31 Dec 2016 | £436,115 | £142,004 | 15 |
| 31 Dec 2015 | £279,865 | £114,087 | - |
| 31 Dec 2014 | £182,443 | £106,800 | - |
| 31 Dec 2013 | £121,688 | £141,358 | - |
| 31 Dec 2012 | £80,527 | £237,718 | - |
| 31 Dec 2011 | £82,917 | £251,815 | - |
| 31 Dec 2010 | £26,544 | £153,926 | - |
| 31 Dec 2009 | £22,852 | £31,713 | - |



## Owned by

Magnet Insurance Services Ltd → [Ataraxia 18 Limited](/company/14684317)





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