MAGMA PARTNERS LIMITEDActive
Key figures
Like most small UK companies, MAGMA PARTNERS LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2023Balance sheet structure
Dividends
from the accountsDividends paid in the financial year: £1,339,350 (68% of the profit for the year).
Filed accounts2019/20–2023
| 2019/20 | 2020/21 | 2021/22 | 2023 | |
|---|---|---|---|---|
| Profit for the year | 978,480 | 1,960,449 | — | — |
| Cash at bank and in hand | 777,985 | 1,916,806 | 484,659 | 1,363,557 |
| Total assets | 2,615,822 | 3,970,570 | 2,588,271 | 4,294,147 |
| Total liabilities | — | — | — | 1,623,688 |
| Net assets / total equity | 1,216,657 | 1,837,756 | 986,263 | 2,642,187 |
| Average number of employees | 94 | 92 | 97 | 100 |
| Dividends paid | 787,333 | 1,339,350 | — | — |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2023accountancy and taxation services
As described in the company's latest filed accounts.
Summary: MAGMA PARTNERS LIMITED
Company
MAGMA PARTNERS LIMITED is a private limited company registered with Companies House under company number 08675358. It was incorporated on 3 Sep 2013. Its status is active. The registered office is in Birmingham (B3). Its nature of business (SIC 2007) is accounting and auditing activities (69201).
Accounts
The latest accounts in the database are for 2023 (period ending 18 Dec 2023); the company files audit-exempt subsidiary. Net assets were £2,642,187, up 167.9% on the previous year. Cash at bank and in hand was £1,363,557. Total assets were £4,294,147 and total liabilities £1,623,688. The company had an average of 100 employees. Figures are available for 4 financial years (2019/20–2023).
Control and charges
One person with significant control is registered. 1 of 4 registered charges are outstanding.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 12 Sep 2027.