Magnetic Systems Technology Ltd (Magtec)
UnknownCompany number02763007
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
100%Top 3 buyers account for 100% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
73%Largest buyer (The Association of North East Councils Limited) represents 73% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
2 in 24mo2 contracts due for renewal in next 24 months
New buyer acquisitionMedium risk
1 in 24mo1 new buying relationships in last 24 months
Buyer breakdown3 buyers
Total buyers3
Top 5 concentration100%
Returning buyers2
New buyers (24 mo)1
Top buyers by contract value
View all buyers
| Buyer | Sector | Contracts |
|---|
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£22m
Contracts7
Buyers3
Contract patterns
Avg contract value£3m
Avg duration3yr 0mo
Renewal rate67%
Total contracts7
Awards by year
22023£6m
12024£164k
12025£16m
Procurement route
Direct award