PAYMENT REVIEW OF

MAGNET TRADING

18 JANUARY 2026

MAGNET TRADING (ABN: 53290344K) is a business entity in Singapore registered with The Accounting and Corporate Regulatory Authority (ACRA) and is currently not operational. It has a payment reputation rating of 'D' under our scoring framework, and all transactions are recorded in Singapore Dollars (SGD).
Good: 10

Registrar Details

Entity Name
MAGNET TRADING
UEN
53290344K
Entity Status
Cancelled (Non-Renewal)
Constitution
Sole-Proprietor
Entity Type
Sole Proprietorship/ Partnership
Primary Activity (SSIC)
61012
Data unavailable
Secondary Activity (SSIC)
47411
Retail sale of handphones and related telecommunications and peripheral equipment
Issuance Agency
ACRA
Registration Incorporation Date
14 February 2015
UEN Issue Date
14 February 2015
Registered Address
83 MACPHERSON LANE MACPHERSON VIEW #01-261 SINGAPORE 360083
Number of Officers
1
Financial Reporting
Account Due Date
Data unavailable
Annual Return Date
Data unavailable
Audit Firms
Data unavailable
Former Names
  1. MAGNET MOBILE & TRADING
  2. MAGNET MOBILE & TRADING

User Reviews
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Help others understand MAGNET TRADING's payment practices.
D
Payment Rating

Going Concern

FAILED

Legal Name

MAGNET TRADING

Registration Number

53290344K

Country Jurisdiction

SINGAPORE

Registered Date

14 FEBRUARY 2015 (11 years 3 months ago)

Base Currency

SINGAPORE DOLLARS

Last Updated

18 JANUARY 2026 10:57 PM

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Frequently Asked Questions

The Payment Rating of MAGNET TRADING is D. It is a proprietary metric aggregating verified public sources (court judgements, news media, financial analysis), community feedback and data partnerships. It indicates the likelihood of on-time payments but is not a financial guarantee.

MAGNET TRADING has not passed the "Going Concern" test. This suggest that MAGNET TRADING is operationally active and is likely to be able to meet financial obligations. More specifically, it means MAGNET TRADING does not have significant reported poor payment reviews that is cause for distress and it is also not in the process of being liquidated, winding up, or struck off from the government registry.

Based on the registration date of 14 FEBRUARY 2015 12:00 AM, MAGNET TRADING is approximately 11 years old.

The business registration number of MAGNET TRADING is 53290344K. The business registration number is a standard identification number assigned by government registrar to uniquely identify a business entity.

MAGNET TRADING is officially located at 83 MACPHERSON LANE MACPHERSON VIEW #01-261 SINGAPORE 360083. This is the registered address on file with the registrar.

Industry classification information for MAGNET TRADING is not available.

No. We are an open business directory and review platform. We do not issue credit ratings like Experian, Equifax, or Moody's. Our data, including Payment Ratings, should be used for reference only, not as the sole basis for financial decisions.

Business profile information is provided by official government registries, such as ACRA in Singapore, Australian Business Register, New Zealand Companies Register, and Companies House in the United Kingdom. Payment ratings and reviews are sourced from court notices or judgements, news media, financial analysis, data partnerships and user reported reviews.

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