How much does Magicard Ltd make?

Magicard Ltd reported revenue of £19.8m and £1.6m profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Magicard Ltd have?

Magicard Ltd reported an average of 68 employees in the year to 31 Jul 2025.

Is Magicard Ltd profitable?

Yes — Magicard Ltd reported a profit of £1.6m in the year to 31 Jul 2025.

Company No. 10124762 · Incorporated 14 Apr 2016

Magicard Ltd

Registered name: MAGICARD LTD

Part of Brady Corporation group

Magicard Ltd made £19.8m revenue and £1.6m profit in the year to 31 Jul 2025.

Magicard Ltd’s revenue fell 3% to £19.8m in the year to 31 Jul 2025, with £1.6m profit and 68 employees. The company is classified under “manufacture of computers and peripheral equipment” and is based in Weymouth; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26200Manufacture of computers and peripheral equipment

Status: Active
Location: Weymouth, South West
Age: 10 yrs · since 2016
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 Jul 2025

Key figures

Revenue

£19.8m

Growth ▼3.1%

Profit

£1.6m

Growth ▼51.3%

Profit margin

7.9%

Gross 34.5%

Employees

Change ▼25.3%

Profit / employee

£23.1k

Revenue/employee £291k

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 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£29.9m	£20.4m	£19.8m
Cost of sales	£16.5m	£12.1m	£13m
Gross profit	£13.4m	£8.3m	£6.8m
Operating profit	£3.6m	£2.4m	£1.1m
Profit before tax	£3.6m	£2.7m	£1.4m
Profit after tax	£3.1m	£3.2m	£1.6m
Profit (best available)	£3.1m	£3.2m	£1.6m
Staff costs	£3.4m	£3.2m	£3.3m
Employees (average)	82	91	68
Ratios
Profit margin	10.2%	15.8%	7.9%
Gross margin	44.7%	40.8%	34.5%
Revenue per employee	£365k	£224k	£291k
Profit per employee	£37.3k	£35.4k	£23.1k
Growth (year on year)
Revenue growth	—	▼31.7%	▼3.1%
Profit growth	—	▲5.5%	▼51.3%
Headcount growth	—	▲11%	▼25.3%
Balance sheet — indirect signals, not revenue
Net assets	£22.7m	£25.9m	£27.5m
Fixed assets	£11.1m	£9.2m	£7.4m
Current assets	£20.6m	£20.5m	£23.9m
Debtors	£1.8m	£1.9m	£1.5m
Deferred income	£792k	£642k	£540k
Source	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 7.9%; Profit ÷ revenue.
Gross margin: 34.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £291k; Revenue ÷ average employees.
Profit per employee: £23.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 37.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.5%; 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: ▲6%; Now £27.5m
Cash at bank: —; Now —
Headcount: ▼25%; Now 68
Deferred income: ▼16%; Now £540k
Fixed assets: ▼20%; Now £7.4m

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

Brady Corporation (registered outside the UK register)ultimate parent75–100%
Magicard 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 Jul 2025 (profit £1.6m), from the Companies House accounts bulk data published Apr 2026. 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.