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Company profile

Magnetic Systems Technology Limited

Magtec Magtec electric vehicle drive systems & hybrid solutions

Magtec design, develop, manufacture, install and repower electric drive systems for HGVs, buses, off-road multi-wheeled & tracked defence vehicles and bespoke specialist vehicles

CRN
02763007
Founded
1992
Age
33

Overview

Legal name
MAGNETIC SYSTEMS TECHNOLOGY LIMITED
Region
Unknown
Registered address
MAGNA 34, UNIT 2 & 3
TEMPLE CLOSE
ROTHERHAM
ENGLAND
S60 1FH
Insolvency history
No

Company events

Reference milestones and recent Companies House filing stream events.

8 events
23 Nov
2026

Confirmation statement due

Confirmation Due

Next confirmation statement due date

30 Sep
2026

Accounts due

Accounts Due

Next accounts due date

01 Jul
2026

Change Registered Office Address Company With Date Old Address New Address

Address

AD01 | Transaction MzUyOTgwODAzMWFkaXF6a2N4

Published 01 Jul 2026 09:43

09 Nov
2025

Confirmation statement filed

Confirmation

Last confirmation statement made up date

31 Dec
2024

Accounts filed

Accounts

Last accounts made up date

12 Nov
2024

Confirmation Statement With No Updates

Confirmation-statement

CS01 | Transaction MzQ0Mjg0NDEyN2FkaXF6a2N4

Published 12 Nov 2024 05:45

07 Oct
2024

Accounts With Accounts Type Full

Accounts PDF pending

AA | Transaction MzQzNzY0Njk1NWFkaXF6a2N4 | Paper/PDF filed

Published 08 Oct 2024 06:05

09 Nov
1992

Incorporated

Inception

Company registered at Companies House

Public funding

16 awards
First funded
2009
Funded years
2009, 2015, 2017, 2018, 2020, 2021, 2022, 2023, 2024
Age at first award
16 years

Projects

2024 Collaborative R&D Lead participant

Permanent Magnet Motors (PMM) for use in fluid pumping or fan applications in ships and submarines

1 Nov 2024 to 31 Mar 2026

Awarded
£499,970
Total cost £999,940

_Magtec is the UK's leading electrification partner for commercial vehicles, specialised in the design and manufacture of electric motors, associated power electronics and packaged battery solutions._ _As Magtec's current products are focused on the commercial vehicle market, this project is to design, develop and test prototype motors and controllers spe...

2024 Collaborative R&D Lead participant

Development of an Optimised EV Driveline for 19t Truck Applications

1 Sep 2024 to 31 Aug 2025

Awarded
£818,642
Total cost £1,637,284

Magtec is a leading UK designer and manufacturer of drive systems and vehicles for commercial EV's and has successfully delivered numerous innovation programmes. Its team, operating at the purpose-built manufacturing/innovation facility in Rotherham, will develop a next generation electric propulsion system for medium duty trucks. The project will involve...

2023 Feasibility Studies Lead participant

(RE4REE) Magtec Repurposed Magnets from Reuse, Reduce, and Reconditioning for REE Circular Economy.

1 Oct 2023 to 30 Sep 2024

Awarded
£67,085
Total cost £111,809

Magtec manufactures high performance, high-value motors for electric vehicle (EV) heavy traction applications. A key step in motor production is magnetisation of permanent magnets. While many magnets are produced from non-renewable rare earth element (REE) metals, their environmental impact is offset by their ability to be infinitely recycled. This projec...

2022 BIS-Funded Programmes Lead participant

Industrialisation Scale-up of Power Controller Production at Magtec

1 Sep 2022 to 29 Feb 2024

Awarded
£1,818,898
Total cost £3,031,496

Magtec's SuRV project will support the rapid industrialisation of power controller production to meet planned exponential growth in vehicle and powertrain systems. The project will incorporate significant automation and innovation in supply chain development. Magtec is the UK's leading independent supplier of BEV commercial vehicle drive systems, particul...

2021 Collaborative R&D Lead participant

Magtec Led Interactive Tool for Intelligent Assessment for Electric Commercial Vehicle Fleet Transition

1 Jul 2021 to 31 Jul 2022

Awarded
£3,273,324
Total cost £3,273,324

This project will support the development of a unique tool for fleet decision makers looking to understand the journey towards electrification with HGVs. Magtec, the UK's leading commercial electric vehicle integrator will lead the project and partner with two subcontractor organisations. Dynamon is a world leading data-science business with expertise in ...

2021 BIS-Funded Programmes

ULTRA (Ultra-powerful cells for Low-emission TRAnsport)

1 May 2021 to 30 Apr 2024

Awarded
£1,327,400
Total cost £2,654,799

The ULTRA project targets next-generation battery improvement at the cell level with the development, scale-up and commercialisation of AMTE Power's innovative power-dense Ultra-High Power (UHP) and energy-dense Ultra Energy (UE) cells to pre-production variants, using precision metals expertise (Avocet) and efficiency focussed commercial BEV (Magtec) pla...

2020 BIS-Funded Programmes Lead participant

Industrialisation of Magtec Motor Production for OEM Volume Demand

1 Aug 2020 to 31 Jul 2023

Awarded
£1,650,586
Total cost £4,461,043

This collaborative R&D project will demonstrate the development of production technologies for traction motor production. This will enable production scale-up of motors produced by Magnetic Systems Technology (Magtec), a leading UK supplier servicing the commercial vehicles market. Magtec's electrification solution can be fitted as original equipment or a...

2020 Collaborative R&D Lead participant

Automated Dynamic Testing of Magtec Power Controllers

1 Jun 2020 to 30 Nov 2021

Awarded
£507,524
Total cost £1,015,047

Awaiting Public Project Summary

2020 Feasibility Studies Lead participant

Twin speed gearbox design, implementation, testing and integration v3.0 onwards

1 Jun 2020 to 30 Nov 2020

Awarded
£250,000
Total cost £290,117

no public description

2018 Collaborative R&D

19T Range Extender Electric Truck Research

1 Sep 2018 to 31 Mar 2022

Awarded
£755,583
Total cost £1,079,404

"The REETR \[Range Extender Electric Truck Research\] project sets out to research and develop Range Extender Electric Truck technology based on the highly successful 19 Tonne \[GVW\] DAF LF chassis. The project is a collaboration between the last UK volume truck manufacturer, Leyland trucks and MAGTEC the UK leading Electric Vehicle drive system manufact...

2018 Collaborative R&D Lead participant

Electric Refuse Collection Vehicle: Testing in Real World Environments

1 Jul 2018 to 30 Sep 2020

Awarded
£737,710
Total cost £1,071,008

This project will trial 4 RCV vehicles in 2 different UK locations. All vehicles will be repowered with a full electric driveline supplied by Magtec. This drivetrain will be a lightweight version of the one used in the previous low carbon truck trial and almost half a tonne of weight will be saved which will mean that the vehicle is more efficient and wil...

2017 Collaborative R&D Lead participant

eRCV Repowered Electric Refuse Collection Vehicle

1 Apr 2017 to 30 Jun 2018

Awarded
£235,260
Total cost £392,100

This project demonstrates that a full size 26 T Refuse Collection Vehicle can be converted from diesel to all electric power. The repowered vehicle will be capable of working a two shift daily duty cycle without recharging. The project will demonstrate the benefits of zero emissions and reduced noise, while also extending the asset life of the used vehicl...

Product types

BIS-Funded Programmes Collaborative R&D Feasibility Studies