Magans Taxis Limited
Registered name: MAGANS TAXIS LIMITED
Magans Taxis Limited made £2.1m revenue and £123k profit in the year to 31 Aug 2025.
Magans Taxis Limited’s revenue was £2.1m in the year to 31 Aug 2025, with £123k profit and 2 employees. The company is classified under “taxi operation” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £2.1m | £2.1m |
| Cost of sales | — | — | £1.2m | £1.5m |
| Gross profit | — | — | £818k | £579k |
| Operating profit | — | — | £484k | £171k |
| Profit before tax | — | — | £429k | £123k |
| Profit after tax | — | — | £425k | £123k |
| Profit (best available) | — | — | £425k | £123k |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | — | 20.6% | 6% |
| Gross margin | — | — | 39.6% | 28% |
| Revenue per employee | — | — | £1m | £1m |
| Profit per employee | — | — | £213k | £61.7k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲0.2% |
| Profit growth | — | — | — | ▼71% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £233k | £166k |
| Net assets | £243 | £200k | £578k | £662k |
| Fixed assets | £566k | £809k | £1.1m | £1.4m |
| Current assets | £143k | £184k | £237k | £171k |
| Debtors | — | — | £4.4k | £4.5k |
| Deferred income | — | — | £1.7k | £1.8k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 6%
- Profit ÷ revenue.
- Gross margin
- 28%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1m
- Revenue ÷ average employees.
- Profit per employee
- £61.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 67.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- Money owed by customers. Low = customers pay quickly.
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
- ▲14%
- Now £662k
- Cash at bank
- ▼29%
- Now £166k
- Headcount
- 0%
- Now 2
- Deferred income
- ▲4%
- Now £1.8k
- Fixed assets
- ▲27%
- Now £1.4m
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 Aug 2025 (profit £123k), from the Companies House accounts bulk data published Nov 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.