How much does Magm Asset Solutions Ltd make?

Magm Asset Solutions Ltd reported revenue of £24.4m and £774k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Magm Asset Solutions Ltd have?

Magm Asset Solutions Ltd reported an average of 6 employees in the year to 31 Mar 2025.

Is Magm Asset Solutions Ltd profitable?

Yes — Magm Asset Solutions Ltd reported a profit of £774k in the year to 31 Mar 2025.

Company No. 14288495 · Incorporated 10 Aug 2022

Magm Asset Solutions Ltd

Registered name: MAGM ASSET SOLUTIONS LTD

Magm Asset Solutions Ltd made £24.4m revenue and £774k profit in the year to 31 Mar 2025. read from filing text

Magm Asset Solutions Ltd’s revenue grew 69% to £24.4m in the year to 31 Mar 2025, with £774k profit and 6 employees. The company is classified under “renting and leasing of trucks and other heavy vehicles” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 77120Renting and leasing of trucks and other heavy vehicles

Status: Active
Location: Manchester, North West
Age: 4 yrs · since 2022
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: “The ultimate controlling party is R McAdoo by virtue of his 100% shareholding.”

Latest accounts · year to 31 Mar 2025

Key figures

Small teamYoung and profitableOperating leverageDoing more with lessCash flow filed

Revenue

£24.4m

Growth ▲68.6%

Profit

£774k

Growth ▲128.8%

Profit margin

3.2%

Gross 13.4%

Employees

Change ▼14.3%

Profit / employee

£129k

Revenue/employee £4.1m

Profitable streak

2yrs

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 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£14.5m	£24.4m
Cost of sales	—	£12.5m	£21.1m
Gross profit	—	£1.9m	£3.3m
Operating profit	—	£605k	£1.6m
Profit before tax	—	£432k	£1.1m
Profit after tax	—	£338k	£774k
Profit (best available)	—	£338k	£774k
Staff costs	—	£196k	£411k
Employees (average)	2	7	6
Ratios
Profit margin	—	2.3%	3.2%
Gross margin	—	13.4%	13.4%
Revenue per employee	—	£2.1m	£4.1m
Profit per employee	—	£48.4k	£129k
Cash conversion	—	—	−149.2%
Growth (year on year)
Revenue growth	—	—	▲68.6%
Profit growth	—	—	▲128.8%
Headcount growth	—	—	▼14.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£500	£4k	£0
Net assets	£19k	£357k	£1.1m
Fixed assets	£0	£3.9m	£6.6m
Current assets	£96.2k	£1.8m	£2.5m
Debtors	£95.7k	£339k	£20.4k
Deferred income	—	£24.1k	£24.1k
Cash from operations	—	—	−£2.4m
Source	AbridgedAccounts · bulk data Mar 2024	AbridgedAccounts · bulk data Feb 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.2%; Profit ÷ revenue.
Gross margin: 13.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £4.1m; Revenue ÷ average employees.
Profit per employee: £129k; Profit ÷ average employees.
Cash conversion: −149.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 27.2%; 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: 0.1%; 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: ▲217%; Now £1.1m
Cash at bank: ▼100%; Now £0
Headcount: ▼14%; Now 6
Deferred income: ▼0%; Now £24.1k
Fixed assets: ▲70%; Now £6.6m

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 Mar 2025 (profit £774k), from the Companies House accounts bulk data published Dec 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.