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Company No. 02142370 · Incorporated 25 Jun 1987

Magimix UK Limited

Registered name: MAGIMIX UK LIMITED

Magimix UK Limited made £23.6m revenue and £218k profit in the year to 31 Dec 2024.

Magimix UK Limited’s revenue grew 21% to £23.6m in the year to 31 Dec 2024, with £218k profit and 13 employees. The company is classified under “wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them)” and is based in Surrey; we hold 3 years of its filed accounts.

Status
Active
Location
Surrey, South East
Age
39 yrs · since 1987
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Umami Magimix SA”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightDoing more with lessCash flow filed
Revenue
£23.6m
Growth ▲21.1%
Profit
£218k
Growth ▼83.1%
Profit margin
0.9%
Gross 22.9%
Employees
13
Change ▼27.8%
Profit / employee
£16.7k
Revenue/employee £1.8m
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£18m£19.5m£23.6m
Cost of sales£13.9m£14.4m£18.2m
Gross profit£4.2m£5.1m£5.4m
Operating profit£627k£1.6m£237k
Profit before tax£643k£1.7m£290k
Profit after tax£521k£1.3m£218k
Profit (best available)£521k£1.3m£218k
Staff costs£1m£931k£1.8m
Employees (average)281813
Ratios
Profit margin2.9%6.6%0.9%
Gross margin23.2%26.2%22.9%
Revenue per employee£645k£1.1m£1.8m
Profit per employee£18.6k£71.4k£16.7k
Cash conversion−232%67.7%−1688%
Growth (year on year)
Revenue growth—▲7.8%▲21.1%
Profit growth—▲146.6%▼83.1%
Headcount growth—▼35.7%▼27.8%
Balance sheet — indirect signals, not revenue
Cash at bank£1.9m£606k£2.8m
Net assets£3.7m£5m£3.8m
Fixed assets£16.3k£18.9k£25.6k
Current assets£13.4m£8.3m£10.7m
Debtors£4.5m£3.3m£3.3m
Deferred income£624k£640k£2.1m
Cash from operations−£1.5m£1.1m−£4m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
0.9%
Profit ÷ revenue.
Gross margin
22.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.8m
Revenue ÷ average employees.
Profit per employee
£16.7k
Profit ÷ average employees.
Cash conversion
−1688%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
8.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14.2%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼24%
Now £3.8m
Cash at bank
▲357%
Now £2.8m
Headcount
▼28%
Now 13
Deferred income
▲227%
Now £2.1m
Fixed assets
▲35%
Now £25.6k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £218k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.