THE MAGSTIM COMPANY LIMITED Financials
- Company number
- 02308367CopyCopy
- Registered office
- Spring Gardens, Whitland, Carmarthenshire SA34 0HR
- Incorporated
- 24/10/1988
Company snapshot
- Status
- Active
- Employees
- 87 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-7.32%vs 20232023: £5.50M
Total Assets
7.92%vs 20232023: £16.42M
Cash in Bank
35.18%vs 20232023: £129.22K
Total Liabilities
17.19%vs 20232023: £10.40M
Employees
0vs 20232023: 87
In 2024, THE MAGSTIM COMPANY LIMITED reported net assets of £5.10M. The same filing shows total assets of £17.72M, cash in bank of £174.68K and total liabilities of £12.19M. Reported headcount was 87 in 2024. Total Liabilities rose from £10.40M in 2023 to £12.19M in 2024 (17.19%). 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
-7.32%from £5.50M 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 THE MAGSTIM COMPANY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-29.6%vs 2022-16.1% a year compound (CAGR)
Cash in Bank
+3639%vs 2022+511% a year compound (CAGR)
Total Assets
-8.3%vs 2022-4.3% a year compound (CAGR)
Total Liabilities
+6.4%vs 2022+3.1% a year compound (CAGR)
Employees
-14.7%vs 2022-15Biggest increase
Cash in Bank+3639%
£4.67K in 2022 to £174.68K in 2024
Biggest decrease
Net Assets-29.6%
£7.24M in 2022 to £5.10M in 2024
THE MAGSTIM COMPANY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 THE MAGSTIM COMPANY 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
- 28.77%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.
- Liabilities to total assets
- 68.79%2024
- 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
- 1.43%2024
- 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
- 0.99%2024
- 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 THE MAGSTIM COMPANY 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£ | 6.31M | 7.24M | 5.50M | 5.10M |
| Total Assets£ | 17.82M | 19.33M | 16.42M | 17.72M |
| Cash in Bank£ | 370.12K | 4.67K | 129.22K | 174.68K |
| Total Liabilities£ | 10.76M | 11.46M | 10.40M | 12.19M |
| Employees | 94 | 102 | 87 | 87 |
THE MAGSTIM COMPANY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE MAGSTIM COMPANY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE MAGSTIM COMPANY LIMITED reported net assets of £5.10M for 2024. That compares with £5.50M in 2023, a change of -7.32%.
THE MAGSTIM COMPANY LIMITED reported total assets of £17.72M for 2024. That compares with £16.42M in 2023, a change of 7.92%.
THE MAGSTIM COMPANY LIMITED reported cash in bank of £174.68K for 2024. That compares with £129.22K in 2023, a change of 35.18%.
THE MAGSTIM COMPANY LIMITED reported 87 employees in 2024, compared with 87 in 2023.
Between 2022 and 2024, THE MAGSTIM COMPANY LIMITED's net assets fell by 29.6%, cash in bank rose by 3639%, total assets fell by 8.3% and total liabilities rose by 6.4%. Net assets contracted at 16.1% a year across the two years to 2024, from £7.24M to £5.10M. Reported headcount went from 102 in 2022 to 87 in 2024 (-15).
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.