Magnet Store
Magnet Store Ltd is a UK-based online supplier and custom manufacturer of neodymium, samarium cobalt, alnico and ferrite permanent magnets, serving manufacturing, engineering, aerospace, automotive, consumer electronics and DIY buyers via direct e-commerce with custom fabrication available.
- Company typePrivate
- Founded2017
- HeadquartersWigan, United Kingdom
- Headcount1–10
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Magnet Store does
Magnet Store Ltd is a UK-based online magnet supplier and light manufacturer operating from Leigh, Greater Manchester. The company distributes and custom-fabricates permanent magnets across four chemistry families — neodymium-iron-boron (NdFeB), samarium cobalt (SmCo), alnico and ferrite — supplying buyers in manufacturing, engineering, retail, print, DIY, automotive, aerospace, consumer electronics and research. Its product catalog spans standard shapes and sizes (including specialty lines such as Halbach arrays, pot magnets and fishing magnets) with prices ranging from £4.49 to over £2,500, reflecting a mix of small-ticket catalog items and higher-value bespoke orders.
The core operating capability is custom magnet manufacturing with 12–15 business day lead times and a £100 minimum order value, sitting alongside a no-minimum-quantity catalog offering. REACH and RoHS compliance position the business for regulated industrial procurement, and membership in the UK Magnetics Society signals embedded industry participation. Same-day dispatch on orders placed before 1pm underpins fulfilment velocity for catalog buyers, while bespoke dimensions, grades and tolerances serve engineering-led customers.
Revenue mechanics are direct via the magnetstore.co.uk storefront, with no disclosed distributor or marketplace dependencies. Custom orders represent the higher-margin layer of the model, with catalog sales providing volume and customer-acquisition reach. Awards recognition (Wholesaler of the Year 2021–2023, Magnet Supplier of the Year 2023–2024, Most Innovative in Magnetic Solutions 2023) and active social channels indicate ongoing investment in brand building rather than purely transactional growth.
Magnet Store firmographics
Firmographics- Name
- Magnet Store
- Legal name
- Magnet Store Ltd
- Website
- https://magnetstore.co.uk
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Magnet Store Ltd is a UK-based online supplier and custom manufacturer of neodymium, samarium cobalt, alnico and ferrite permanent magnets, serving manufacturing, engineering, aerospace, automotive, consumer electronics and DIY buyers via direct e-commerce with custom fabrication available.
- Ownership category
- akta.pro rank
Magnet Store industry classification
Industry- Product category
- Industrial Permanent Magnets
- NAICS
- Other Miscellaneous Retailers (4599)
- SIC
- Retail-Miscellaneous Shopping Goods Stores (5940)
- akta.pro primary industry
- Transformers & Magnetics (Power/Signal) (HDAHANAD)
- akta.pro secondary industry
- Robotics, Motion & Actuation Components Retail (CRACAKAJ)
Keywords
Where Magnet Store is headquartered
LocationHeadquarters
- HQ city
- Wigan
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Magnet Store business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Off-the-shelf Magnet Sales: Standard catalog magnets sold at various price points with wide range of shapes, sizes, grades, and pull forces. Products include disc, block, cylinder, ring, arc, tube, mitre, top hat, pyramid, countersunk, and adhesive magnets.
- Custom Magnet Manufacturing: Bespoke magnetic solutions manufactured to customer specifications with average lead time of 12-15 business days. Minimum spend of £100 for custom orders.
- Magnetic Assemblies: Complete magnetic assemblies built around exact specification requirements
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Unit-based pricing for off-the-shelf magnets |
| One time/ perpetual license | Pay-as-you-go | Custom manufacturing quotes |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Magnet Store product offering
Product offeringCore offering
Magnet Store is a UK-based manufacturer and online retailer of permanent magnets. It sells off-the-shelf magnets in many shapes, sizes, grades (N35–N58) and pull forces, and offers bespoke custom manufacturing of Neodymium, Samarium Cobalt, Alnico, and Ferrite magnets to customer specifications with 0.05mm tolerance. It also builds complete magnetic assemblies, serving industrial buyers as well as DIY, retail, and educational customers through its own e-commerce storefront.
Product overview
Magnet Store is a UK-based specialist retailer and manufacturer of permanent magnets, operating as an e-commerce platform offering both off-the-shelf and custom-manufactured magnetic solutions. The product portfolio centers on neodymium (NdFeB) magnets as the primary offering, complemented by ferrite, alnico, and samarium cobalt magnets. Products are organized by shape (arc, block, disc, cylinder, ring, tube, top hat, pyramid, mitre) and type (adhesive, countersunk, fishing, high-temperature resistant, magnetic assemblies). The company also provides bespoke custom magnet manufacturing services where customers can specify material, grade, coating, magnetisation direction, and tolerance. Key differentiators include rapid lead times (12-15 business days), no minimum order quantity, and technical support from prototype to mass production. The company holds REACH and ROHS compliance certifications for their products.
Differentiator
Problem solved
Functional benefit
Products and services
- Neodymium Magnets High-performance permanent neodymium (NdFeB) magnets, the company's primary product line, offered in shapes including disc, block, cylinder, ring, arc, tube, mitre, top hat, pyramid, countersunk, and adhesive formats, in grades N35 to N58 for industrial and consumer use.
- Arc Magnets
- Block/Rectangular Magnets
- Disc Magnets
- Cylinder/Rod Magnets
- Mitre Magnets
- Ring Magnets
- Tube Magnets
- Top Hat Magnets
- Pyramid Magnets
- Adhesive Magnets
- Adhesive Magnetic Tape
- Countersunk Magnets
- Custom Magnets
- Magnetic Assemblies
- Ferrite Magnets
- Alnico Magnets
- Samarium Cobalt Magnets
Quantifiable outcome
- Lead times averaging 12-15 business days for custom manufacturing
- +1 more outcomes
Companies that use Magnet Store
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Magnet Store technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Magnet Store partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- UK Magnetics SocietyminorIndustry association membership providing credibility in the magnetics sector. The company displays the UK Magnetics Society logo on their website footer indicating membership status.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Magnet Store competitors and assessment
Company assessmentDirect peers
- First4Magnets: UK-based online retailer and manufacturer of permanent magnets (neodymium, ferrite, samarium cobalt, alnico) with custom manufacturing and same-day dispatch — the closest direct competitor to Magnet Store in geography, product range, and GTM motion.
- Magnet Expert: UK-based specialist magnet supplier offering off-the-shelf and custom neodymium, ferrite, and alnico magnets to industrial and consumer customers — directly comparable in product range, UK base, and dual B2B/B2C model.
- Master Magnetics: US-based manufacturer and distributor of permanent magnets and magnetic assemblies including NdFeB, alnico, ceramic, and flexible magnets — comparable product portfolio with focus on assemblies and industrial applications.
- Amazing Magnets: US-based online retailer specializing in neodymium magnets with extensive shape and grade variety — directly comparable catalog breadth and self-serve e-commerce GTM.
- K&J Magnetics: US-based retailer and custom manufacturer of neodymium magnets, disc/block/ring shapes, with in-house engineering support — directly comparable e-commerce plus custom manufacturing model with educational content marketing.
- CMS Magnetics: US-based wholesale supplier of neodymium, ceramic, alnico, and samarium cobalt magnets with custom fabrication services — directly comparable product mix and B2B/B2C wholesale model.
- Adams Magnetic Products: US-based established magnet distributor and custom manufacturer with broad permanent magnet portfolio (NdFeB, SmCo, Alnico, Ferrite) — comparable dual catalog and custom offering targeting industrial customers.
Broad incumbents
- Arnold Magnetic Technologies: US-based global magnetics incumbent offering rare-earth magnets, precision assemblies, and engineered solutions across aerospace, defense, and industrial markets — broader portfolio at scale, competing for the same high-spec custom orders.
- Hitachi Metals (Proterial): Global leader in NdFeB magnet production with vertically integrated rare-earth supply chain — represents the scaled incumbent benchmark for neodymium quality and supply security that smaller retailers must position against.
- Dexter Magnetic Technologies: US-based designer and manufacturer of magnetic assemblies and custom magnetic solutions for medical, aerospace, and industrial markets — comparable custom assembly capability but at significantly larger scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Magnet Store social profiles
Digital presenceMagnet Store compliance and trust
Trust signalCompliance2 records
Magnet Store financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magnet Store leadership team
Management profileNumber of profiles
Magnet Store funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magnet Store M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magnet Store
What does Magnet Store do?
Magnet Store is a UK-based manufacturer and online retailer of permanent magnets. It sells off-the-shelf magnets in many shapes, sizes, grades (N35–N58) and pull forces, and offers bespoke custom manufacturing of Neodymium, Samarium Cobalt, Alnico, and Ferrite magnets to customer specifications with 0.05mm tolerance. It also builds complete magnetic assemblies, serving industrial buyers as well as DIY, retail, and educational customers through its own e-commerce storefront.
Is Magnet Store a public or private company?
Magnet Store is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Magnet Store founded?
Magnet Store was founded in 2017. It employs 1 to 10 people.
Where is Magnet Store based?
Magnet Store is headquartered in Wigan, United Kingdom, in the Europe region.
How does Magnet Store make money?
Three revenue lines are on record. Off-the-shelf Magnet Sales are the primary driver. The others are custom Magnet Manufacturing and magnetic Assemblies.
Who are Magnet Store's main competitors?
Direct peers on record are First4Magnets, Magnet Expert, Master Magnetics, Amazing Magnets, K&J Magnetics, CMS Magnetics and Adams Magnetic Products. Broad incumbents are Arnold Magnetic Technologies, Hitachi Metals (Proterial) and Dexter Magnetic Technologies.
Does Magnet Store have an API?
No public API is recorded for Magnet Store.
What industry is Magnet Store in?
Magnet Store's product category is Industrial Permanent Magnets. Its primary akta.pro industry code is HDAHANAD, Transformers & Magnetics (Power/Signal), with a secondary code of CRACAKAJ, Robotics, Motion & Actuation Components Retail. Its NAICS code is 4599 and its SIC code is 5940.