How much does Magma Global Limited make?

Magma Global Limited reported revenue of £9.2m and a loss of £8.6m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Magma Global Limited have?

Magma Global Limited reported an average of 113 employees in the year to 31 Dec 2025.

Is Magma Global Limited profitable?

No — Magma Global Limited reported a loss of £8.6m in the year to 31 Dec 2025.

Company No. 06528820 · Incorporated 10 Mar 2008

Magma Global Limited

Registered name: MAGMA GLOBAL LIMITED

Part of Technipfmc PLC group

Magma Global Limited made £9.2m revenue and a £8.6m loss in the year to 31 Dec 2025.

Magma Global Limited’s revenue fell 20% to £9.2m in the year to 31 Dec 2025, with a loss of £8.6m and 113 employees. The company is classified under “other manufacturing” and is based in Portsmouth; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Portsmouth, South East
Age: 18 yrs · since 2008
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.

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£9.2m

Growth ▼20.2%

Profit

−£8.6m

Growth —

Profit margin

−94%

Gross 54.4%

Employees

113

Change ▲10.8%

Profit / employee

−£76.4k

Revenue/employee £81.3k

Profitable streak

0yrs

Consecutive profitable years in our data

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	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.5m	£12.6m	£11.5m	£9.2m
Cost of sales	£5.7m	£6.3m	£6.3m	£4.2m
Gross profit	£5.8m	£6.3m	£5.2m	£5m
Operating profit	−£1.8m	−£623k	−£3.7m	−£9.3m
Profit before tax	−£1.7m	−£535k	−£3.6m	−£11m
Profit after tax	−£1.8m	−£573k	−£4.4m	−£8.6m
Profit (best available)	−£1.8m	−£573k	−£4.4m	−£8.6m
Staff costs	£5.4m	£6.5m	£7.2m	£9.1m
Employees (average)	76	89	102	113
Ratios
Profit margin	−15.6%	−4.5%	−37.9%	−94%
Gross margin	50.5%	50.1%	45.1%	54.4%
Revenue per employee	£151k	£142k	£113k	£81.3k
Profit per employee	−£23.6k	−£6.4k	−£42.7k	−£76.4k
Growth (year on year)
Revenue growth	—	▲9.6%	▼8.6%	▼20.2%
Headcount growth	—	▲17.1%	▲14.6%	▲10.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.7m	£3m	£62.2k	£36.6k
Net assets	£11.2m	£10.6m	£6.2m	−£2.4m
Fixed assets	£9.9m	£7.5m	£35.3m	£37.3m
Current assets	£8m	£9.1m	£8.2m	£7.8m
Debtors	£1.9m	£2.3m	£1.4m	£1.8m
Deferred income	£3.3m	£2.7m	£2.8m	£2.9m
Cash from operations	£2.9m	£1.7m	−£1.9m	−£5.8m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −94%; Profit ÷ revenue.
Gross margin: 54.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £81.3k; Revenue ÷ average employees.
Profit per employee: −£76.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 406%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 31.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.5%; 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: ▼139%; Now −£2.4m
Cash at bank: ▼41%; Now £36.6k
Headcount: ▲11%; Now 113
Deferred income: ▲4%; Now £2.9m
Fixed assets: ▲6%; Now £37.3m

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

Technipfmc PLCultimate parent75–100%
Technip-Coflexip UK Holdings Limited75–100%
Magma Global Limitedthis company

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

Sister companies (1)

West Africa Subsea Services LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£8.6m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.