Magma Global Limited
Active06528820ManufacturingIncorporated 10 Mar 2008 · Portsmouth
designing and manufacturing risers, jumpers, spools and flowlines for the sub-sea oil and gas market.
Revenue
£11.5m
▼ -8.6% vs prior ~12m period
Profit after tax
-£4.4m
Margin -32.1%
Employees
102
▲ +14.6% vs prior ~12m period
Net assets
£6.2m
Total assets £43.4m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£9.9m
Dec 2021
£10.2m▲ +2.9%
Dec 2022
£11.5m▲ +12.6%
Dec 2023
£12.6m▲ +9.6%
Dec 2024
£11.5m▼ -8.6%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £11.5m | ▼ -8.6% | -£3.6m | 102 | £6.2m |
| 31 Dec 2023 | £12.6m | ▲ +9.6% | -£535k | 89 | £10.6m |
| 31 Dec 2022 | £11.5m | ▲ +12.6% | -£1.7m | 76 | £11.2m |
| 31 Dec 2021 | £10.2m | ▲ +2.9% | -£4.7m | 76 | £13.0m |
| 31 Dec 2020 | £9.9m | — | -£2.4m | 77 | £23.4m |
| 31 Dec 2019 | — | — | — | — | £25.5m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £11.5m
- Gross profit
- £5.2m
- Operating profit
- -£3.7m
- Profit before tax
- -£3.6m
- Profit after tax
- -£4.4m
Balance sheet
- Total assets
- £43.4m
- Cash
- £62k
- Total liabilities
- £37.2m
- Net assets
- £6.2m
- Revenue per employee
- £113k
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