MAGMA TRUSTS & ESTATES LIMITED Financials
- Company number
- 09425334Copy
Copy - Registered office
- 2 Chamberlain Square, Birmingham B3 3AX
- Incorporated
- 05/02/2015
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
31.76%vs 20222022: £50.60K
Total Assets
36.36%vs 20222022: £52.73K
Cash in Bank
-45.31%vs 20222022: £128.00
Total Liabilities
-51.60%vs 20212021: £4.39K
Employees
0vs 20222022: 4
In 2023, MAGMA TRUSTS & ESTATES LIMITED reported net assets of £66.68K. The same filing shows total assets of £71.90K, cash in bank of £70.00 and total liabilities of £2.12K. Reported headcount was 4 in 2023. Total Assets rose from £52.73K in 2022 to £71.90K in 2023 (36.36%). 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
31.76%from £50.60K 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 MAGMA TRUSTS & ESTATES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+60.5%vs 2021+26.7% a year compound (CAGR)
Cash in Bank
+233%vs 2021+82.6% a year compound (CAGR)
Total Assets
+56.5%vs 2021+25.1% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Cash in Bank+233%
£21.00 in 2021 to £70.00 in 2023
Every measure that changed in MAGMA TRUSTS & ESTATES LIMITED's filings between 2021 and 2023 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets and total assets climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGMA TRUSTS & ESTATES 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
- 92.74%2023
- Liabilities to total assets
- 4.03%2022
- Cash to liabilities
- 6.03%2022
- Cash to total assets
- 0.10%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MAGMA TRUSTS & ESTATES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 41.55K | 50.60K | 66.68K |
| Total Assets£ | 45.93K | 52.73K | 71.90K |
| Cash in Bank£ | 21.00 | 128.00 | 70.00 |
| Total Liabilities£ | 4.39K | 2.12K | – |
| Employees | 4 | 4 | 4 |
MAGMA TRUSTS & ESTATES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MAGMA TRUSTS & ESTATES LIMITED filed financial statements?
Yes. Okredo holds filed figures for MAGMA TRUSTS & ESTATES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did MAGMA TRUSTS & ESTATES LIMITED report in 2023?
MAGMA TRUSTS & ESTATES LIMITED reported net assets of £66.68K for 2023. That compares with £50.60K in 2022, a change of 31.76%.
What total assets did MAGMA TRUSTS & ESTATES LIMITED report in 2023?
MAGMA TRUSTS & ESTATES LIMITED reported total assets of £71.90K for 2023. That compares with £52.73K in 2022, a change of 36.36%.
What cash in bank did MAGMA TRUSTS & ESTATES LIMITED report in 2023?
MAGMA TRUSTS & ESTATES LIMITED reported cash in bank of £70.00 for 2023. That compares with £128.00 in 2022, a change of -45.31%.
How many people does MAGMA TRUSTS & ESTATES LIMITED employ?
MAGMA TRUSTS & ESTATES LIMITED reported 4 employees in 2023, compared with 4 in 2022.
How have MAGMA TRUSTS & ESTATES LIMITED financials changed over the last 3 years?
Between 2021 and 2023, MAGMA TRUSTS & ESTATES LIMITED's net assets rose by 60.5%, cash in bank rose by 233%, total assets rose by 56.5% and employee numbers was unchanged. Net assets compounded at 26.7% a year across the two years to 2023, from £41.55K to £66.68K. Reported headcount went from 4 in 2021 to 4 in 2023.
Which years of MAGMA TRUSTS & ESTATES LIMITED financial data are available?
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.