How many employees does Magmatic Games Ltd have?

Magmatic Games Ltd reported an average of 7 employees in the year to 31 Dec 2025.

Is Magmatic Games Ltd profitable?

Yes — Magmatic Games Ltd reported a profit of £51.9m in the year to 31 Dec 2025.

Company No. 07710599 · Incorporated 19 Jul 2011

Magmatic Games Ltd

Registered name: MAGMATIC GAMES LTD

Magmatic Games Ltd made £51.9m profit in the year to 31 Dec 2025 (revenue not disclosed).

Magmatic Games Ltd reported £51.9m profit in the year to 31 Dec 2025, up 14% on the year before; its revenue was not disclosed. It had 7 employees. The company is classified under “business and domestic software development” and is based in Kingston Upon Thames; we hold 4 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Kingston Upon Thames, London
Age: 15 yrs · since 2011
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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: “The immediate parent undertaking is Ruby Road Limited, a company registered in England and”

Latest accounts · year to 31 Dec 2025

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

£51.9m

Growth ▲14%

Profit margin

—

Employees

Change ▼36.4%

Profit / employee

£7.4m

Profitable streak

3yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	Full P&L	Full P&L	Profit only
Profit & loss
Revenue (turnover)	—	£69.4m	£71.5m	—
Cost of sales	—	£7.3m	£3.2m	—
Gross profit	—	£62.1m	£68.3m	—
Operating profit	—	£27.5m	£58.2m	—
Profit before tax	—	£28m	£59.9m	£68.6m
Profit after tax	—	£21.8m	£45.5m	£51.9m
Profit (best available)	—	£21.8m	£45.5m	£51.9m
Staff costs	—	£41.5m	£12.4m	£888k
Employees (average)	18	11	11	7
Ratios
Profit margin	—	31.4%	63.6%	—
Gross margin	—	89.5%	95.5%	—
Revenue per employee	—	£6.3m	£6.5m	—
Profit per employee	—	£2m	£4.1m	£7.4m
Growth (year on year)
Revenue growth	—	—	▲3.1%	—
Profit growth	—	—	▲108.7%	▲14%
Headcount growth	—	▼38.9%	0%	▼36.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£575k	£397k	£345k	£526k
Net assets	£8.7m	£22.6m	£27.5m	£28.9m
Current assets	£9.6m	£63.4m	£28.1m	£29.2m
Debtors	£9m	£63m	£27.8m	£28.7m
Deferred income	£442k	£40.5m	£467k	£45.4k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Oct 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £7.4m; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▲5%; Now £28.9m
Cash at bank: ▲52%; Now £526k
Headcount: ▼36%; Now 7
Deferred income: ▼90%; Now £45.4k
Fixed assets: —; Now —

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

Corporate ownership

Group structure

Ownership chain

Ruby Road Limitedultimate parent75–100%
Magmatic Games Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £51.9m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

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