MAGNA INSURANCE BROKERS LIMITED Financials
- Company number
- 12347304Copy
Copy - Registered office
- Bank Chambers, Market Street, Huddersfield, West Yorkshire HD1 2EW
- Incorporated
- 04/12/2019
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-76.28%vs 20242024: £77.68K
Total Assets
-19.40%vs 20242024: £223.57K
Cash in Bank
-16.18%vs 20242024: £100.13K
Total Liabilities
10.89%vs 20242024: £145.89K
Employees
0vs 20242024: 0
In 2025, MAGNA INSURANCE BROKERS LIMITED reported net assets of £18.42K. The same filing shows total assets of £180.20K, cash in bank of £83.92K and total liabilities of £161.78K. Reported headcount was 0 in 2025. Net Assets fell from £77.68K in 2024 to £18.42K in 2025 (-76.28%). Okredo holds filed figures for 2021–2025; 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
-76.28%from £77.68K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MAGNA INSURANCE BROKERS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-68.9%vs 2023-44.3% a year compound (CAGR)
Cash in Bank
+2.9%vs 2023+1.4% a year compound (CAGR)
Total Assets
-0.5%vs 2023-0.3% a year compound (CAGR)
Total Liabilities
+32.8%vs 2023+15.2% a year compound (CAGR)
Employees
-100%vs 2023-5Biggest increase
Total Liabilities+32.8%
£121.86K in 2023 to £161.78K in 2025
Biggest decrease
Employees-100%
5 in 2023 to 0 in 2025
MAGNA INSURANCE BROKERS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGNA INSURANCE BROKERS 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
- 10.22%2025
- Liabilities to total assets
- 89.78%2025
- Cash to liabilities
- 51.88%2025
- Cash to total assets
- 46.57%2025
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 MAGNA INSURANCE BROKERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 643.00 | 15.21K | 59.30K | 77.68K | 18.42K |
| Total Assets£ | 23.32K | 60.49K | 181.16K | 223.57K | 180.20K |
| Cash in Bank£ | 11.99K | 59.71K | 81.58K | 100.13K | 83.92K |
| Total Liabilities£ | 22.67K | 45.28K | 121.86K | 145.89K | 161.78K |
| Employees | 3 | 3 | 5 | 0 | 0 |
MAGNA INSURANCE BROKERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MAGNA INSURANCE BROKERS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MAGNA INSURANCE BROKERS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MAGNA INSURANCE BROKERS LIMITED report in 2025?
MAGNA INSURANCE BROKERS LIMITED reported net assets of £18.42K for 2025. That compares with £77.68K in 2024, a change of -76.28%.
What total assets did MAGNA INSURANCE BROKERS LIMITED report in 2025?
MAGNA INSURANCE BROKERS LIMITED reported total assets of £180.20K for 2025. That compares with £223.57K in 2024, a change of -19.40%.
What cash in bank did MAGNA INSURANCE BROKERS LIMITED report in 2025?
MAGNA INSURANCE BROKERS LIMITED reported cash in bank of £83.92K for 2025. That compares with £100.13K in 2024, a change of -16.18%.
How many people does MAGNA INSURANCE BROKERS LIMITED employ?
MAGNA INSURANCE BROKERS LIMITED reported 0 employees in 2025, compared with 0 in 2024.
How have MAGNA INSURANCE BROKERS LIMITED financials changed over the last 3 years?
Between 2023 and 2025, MAGNA INSURANCE BROKERS LIMITED's net assets fell by 68.9%, cash in bank rose by 2.9%, total assets fell by 0.5% and total liabilities rose by 32.8%. Net assets contracted at 44.3% a year across the two years to 2025, from £59.30K to £18.42K. Reported headcount went from 5 in 2023 to 0 in 2025 (-5).
Which years of MAGNA INSURANCE BROKERS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.