MAGNOMATICS LIMITED Financials
- Company number
- 05878200Copy
Copy - Industry
- Other research and experimental development on natural sciences and engineering (72.19 - SIC 2007)
- Registered office
- Park House, Bernard Road, Sheffield, South Yorkshire S2 5BQ
- Incorporated
- 17/07/2006
Company snapshot
- Status
- Active
- Employees
- 35 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.36%vs 20232023: £2.85M
Total Assets
6.17%vs 20232023: £4.40M
Cash in Bank
19.13%vs 20232023: £1.06M
Total Liabilities
9.24%vs 20232023: £1.45M
Employees
+4vs 20232023: 31
In 2024, MAGNOMATICS LIMITED reported net assets of £2.98M. The same filing shows total assets of £4.67M, cash in bank of £1.26M and total liabilities of £1.58M. Reported headcount was 35 in 2024. Total Assets rose from £4.40M in 2023 to £4.67M in 2024 (6.17%). Okredo holds filed figures for 2021–2024; 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
4.36%from £2.85M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MAGNOMATICS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-4%vs 2022-2% a year compound (CAGR)
Cash in Bank
+90.2%vs 2022+37.9% a year compound (CAGR)
Total Assets
+20.9%vs 2022+10% a year compound (CAGR)
Total Liabilities
+126%vs 2022+50.5% a year compound (CAGR)
Employees
+34.6%vs 2022+9Biggest increase
Total Liabilities+126%
£698.09K in 2022 to £1.58M in 2024
Biggest decrease
Net Assets-4%
£3.10M in 2022 to £2.98M in 2024
MAGNOMATICS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGNOMATICS 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
- 63.77%2024
- Liabilities to total assets
- 33.86%2024
- Cash to liabilities
- 80.00%2024
- Cash to total assets
- 27.09%2024
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 MAGNOMATICS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.75M | 3.10M | 2.85M | 2.98M |
| Total Assets£ | 3.62M | 3.86M | 4.40M | 4.67M |
| Cash in Bank£ | 1.14M | 664.78K | 1.06M | 1.26M |
| Total Liabilities£ | 815.86K | 698.09K | 1.45M | 1.58M |
| Employees | 24 | 26 | 31 | 35 |
MAGNOMATICS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MAGNOMATICS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MAGNOMATICS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MAGNOMATICS LIMITED report in 2024?
MAGNOMATICS LIMITED reported net assets of £2.98M for 2024. That compares with £2.85M in 2023, a change of 4.36%.
What total assets did MAGNOMATICS LIMITED report in 2024?
MAGNOMATICS LIMITED reported total assets of £4.67M for 2024. That compares with £4.40M in 2023, a change of 6.17%.
What cash in bank did MAGNOMATICS LIMITED report in 2024?
MAGNOMATICS LIMITED reported cash in bank of £1.26M for 2024. That compares with £1.06M in 2023, a change of 19.13%.
How many people does MAGNOMATICS LIMITED employ?
MAGNOMATICS LIMITED reported 35 employees in 2024, compared with 31 in 2023.
How have MAGNOMATICS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MAGNOMATICS LIMITED's net assets fell by 4%, cash in bank rose by 90.2%, total assets rose by 20.9% and total liabilities rose by 126%. Net assets contracted at 2% a year across the two years to 2024, from £3.10M to £2.98M. Reported headcount went from 26 in 2022 to 35 in 2024 (+9).
Which years of MAGNOMATICS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.