MAGEZINE PUBLISHING LIMITED Financials
- Company number
- 05218362CopyCopy
- Registered office
- Tower House, Lucy Tower Street, Lincoln LN1 1XW
- Incorporated
- 31/08/2004
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-71.97%vs 20222022: £-34.22K
Total Assets
-81.68%vs 20222022: £175.35K
Cash in Bank
-70.84%vs 20212021: £145.06K
Total Liabilities
-56.01%vs 20222022: £206.81K
Employees
0vs 20222022: 3
In 2023, MAGEZINE PUBLISHING LIMITED reported net assets of £-58.84K. The same filing shows total assets of £32.13K, cash in bank of £42.30K and total liabilities of £90.97K. Reported headcount was 3 in 2023. Total Assets fell from £175.35K in 2022 to £32.13K in 2023 (-81.68%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-71.97%from £-34.22K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MAGEZINE PUBLISHING LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Total Assets
-86.1%vs 2021-62.7% a year compound (CAGR)
Total Liabilities
-63.6%vs 2021-39.7% a year compound (CAGR)
Employees
-25%vs 2021-1Biggest decrease
Total Assets-86.1%
£230.91K in 2021 to £32.13K in 2023
Every indicator Okredo holds for MAGEZINE PUBLISHING LIMITED fell between 2021 and 2023. The steepest fall came in total assets, pointing to a narrowing asset base, with net assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGEZINE PUBLISHING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -183.15%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 283.15%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 20.46%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 24.13%2022
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MAGEZINE PUBLISHING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -22.72K | -34.22K | -58.84K |
| Total Assets£ | 230.91K | 175.35K | 32.13K |
| Cash in Bank£ | 145.06K | 42.30K | – |
| Total Liabilities£ | 250.09K | 206.81K | 90.97K |
| Employees | 4 | 3 | 3 |
MAGEZINE PUBLISHING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MAGEZINE PUBLISHING LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MAGEZINE PUBLISHING LIMITED reported net assets of £-58.84K for 2023. That compares with £-34.22K in 2022, a change of -71.97%.
MAGEZINE PUBLISHING LIMITED reported total assets of £32.13K for 2023. That compares with £175.35K in 2022, a change of -81.68%.
MAGEZINE PUBLISHING LIMITED reported cash in bank of £42.30K for 2022. That compares with £145.06K in 2021, a change of -70.84%.
MAGEZINE PUBLISHING LIMITED reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, MAGEZINE PUBLISHING LIMITED's total assets fell by 86.1%, total liabilities fell by 63.6% and employee numbers fell by 25%. Total assets contracted at 62.7% a year across the two years to 2023, from £230.91K to £32.13K. Reported headcount went from 4 in 2021 to 3 in 2023 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.