How much does Magimix UK Limited make?

Magimix UK Limited reported revenue of £23.6m and £218k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Magimix UK Limited have?

Magimix UK Limited reported an average of 13 employees in the year to 31 Dec 2024.

Is Magimix UK Limited profitable?

Yes — Magimix UK Limited reported a profit of £218k in the year to 31 Dec 2024.

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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46439Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)

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

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full 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)	28	18	13
Ratios
Profit margin	2.9%	6.6%	0.9%
Gross margin	23.2%	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
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · 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

Companies House profile Filing history & original accounts

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.