magrathea systems limited
magrathea systems limited Company Information
Company Number
03069628
Next Accounts
Mar 2026
Shareholders
linus surguy
melanie weaver-thorpe
View AllGroup Structure
View All
Industry
Non-trading company
Registered Address
unit 5, commerce park, brunel road, reading, RG7 4AB
Website
www.magrathea-telecom.co.ukmagrathea systems limited Estimated Valuation
Pomanda estimates the enterprise value of MAGRATHEA SYSTEMS LIMITED at £211.6k based on a Turnover of £383.1k and 0.55x industry multiple (adjusted for size and gross margin).
magrathea systems limited Estimated Valuation
Pomanda estimates the enterprise value of MAGRATHEA SYSTEMS LIMITED at £602k based on an EBITDA of £137.8k and a 4.37x industry multiple (adjusted for size and gross margin).
magrathea systems limited Estimated Valuation
Pomanda estimates the enterprise value of MAGRATHEA SYSTEMS LIMITED at £985.6k based on Net Assets of £755.3k and 1.31x industry multiple (adjusted for liquidity).
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Magrathea Systems Limited Overview
Magrathea Systems Limited is a live company located in reading, RG7 4AB with a Companies House number of 03069628. It operates in the non-trading company sector, SIC Code 74990. Founded in June 1995, it's largest shareholder is linus surguy with a 37.6% stake. Magrathea Systems Limited is a mature, micro sized company, Pomanda has estimated its turnover at £383.1k with declining growth in recent years.
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Magrathea Systems Limited Health Check
Pomanda's financial health check has awarded Magrathea Systems Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £383.1k, make it smaller than the average company (£3.2m)
- Magrathea Systems Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.4%)
- Magrathea Systems Limited
7.4% - Industry AVG
Production
with a gross margin of 35.5%, this company has a comparable cost of product (35.5%)
- Magrathea Systems Limited
35.5% - Industry AVG
Profitability
an operating margin of 36% make it more profitable than the average company (5.2%)
- Magrathea Systems Limited
5.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (41)
4 - Magrathea Systems Limited
41 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Magrathea Systems Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £95.8k, this is less efficient (£153k)
- Magrathea Systems Limited
£153k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Magrathea Systems Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (41 days)
- Magrathea Systems Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Magrathea Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4889 weeks, this is more cash available to meet short term requirements (40 weeks)
4889 weeks - Magrathea Systems Limited
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.1%, this is a lower level of debt than the average (40.9%)
1.1% - Magrathea Systems Limited
40.9% - Industry AVG
MAGRATHEA SYSTEMS LIMITED financials
Magrathea Systems Limited's latest turnover from June 2024 is estimated at £383.1 thousand and the company has net assets of £755.3 thousand. According to their latest financial statements, Magrathea Systems Limited has 4 employees and maintains cash reserves of £763.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -376 | 321 | -812 | -1,122 | -2,279 | -640 | -366 | -3,724 | -411 | -431 | -783 | ||||
| Interest Payable | 31 | 27 | 32 | 23 | |||||||||||
| Interest Receivable | 1,576 | 972 | 84 | 131 | 24,038 | 623 | 614 | 6,001 | 3,791 | 1,018 | 215 | ||||
| Pre-Tax Profit | 601,200 | 601,293 | -728 | 1,749,009 | 2,421,759 | 799,983 | 800,248 | 802,277 | 2,003,380 | 1,600,587 | 1,399,432 | ||||
| Tax | -228 | -184 | 198 | -4,352 | -55 | -522 | -862 | -161 | 119 | ||||||
| Profit After Tax | 600,972 | 601,109 | -728 | 1,749,207 | 2,417,407 | 799,983 | 800,193 | 801,755 | 2,002,518 | 1,600,426 | 1,399,551 | ||||
| Dividends Paid | 499,998 | 800,000 | 800,000 | 2,300,000 | 500,000 | 1,420,000 | 1,400,000 | ||||||||
| Retained Profit | 100,974 | 601,109 | -728 | 1,749,207 | 2,417,407 | -17 | 193 | -1,498,245 | 1,502,518 | 180,426 | -449 | ||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | |||||||||||
| EBITDA* | -376 | 321 | -812 | -1,122 | -2,279 | -640 | -366 | -3,724 | -411 | -431 | -783 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 100 | 100 | 100 | 100 | 100 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 100 | 100 | 100 | 100 | 100 | ||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 54 | 34 | |||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 160 | ||||||||||||||
| Cash | 763,277 | 626,810 | 525,898 | 525,176 | 480,272 | 355,900 | 54,936 | 55,626 | 420,969 | 399,389 | 400,003 | 399,927 | 1,898,110 | 394,492 | 213,780 |
| misc current assets | 100 | 298 | 100 | 100 | 100 | 200 | 200 | 319 | |||||||
| total current assets | 763,277 | 626,864 | 525,932 | 525,176 | 480,372 | 356,000 | 55,196 | 55,924 | 420,969 | 399,489 | 400,103 | 400,027 | 1,898,310 | 394,692 | 214,099 |
| total assets | 763,377 | 626,964 | 526,032 | 525,276 | 480,372 | 356,000 | 55,196 | 55,924 | 421,069 | 399,489 | 400,103 | 400,027 | 1,898,310 | 394,692 | 214,099 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 8,118 | 2,437 | 2,017 | ||||||||||||
| Group/Directors Accounts | 2,017 | 2,017 | 2,017 | 2,017 | 2,017 | 2,017 | 2,196 | 2,738 | 2,387 | 2,086 | 1,687 | 1,687 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 187 | 228 | 184 | 500 | 500 | 4,852 | 500 | 555 | 1,023 | 1,362 | 661 | 500 | |||
| total current liabilities | 8,118 | 2,437 | 2,017 | 2,204 | 2,245 | 2,201 | 2,517 | 2,517 | 6,869 | 2,696 | 3,293 | 3,410 | 3,448 | 2,348 | 2,187 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 8,118 | 2,437 | 2,017 | 2,204 | 2,245 | 2,201 | 2,517 | 2,517 | 6,869 | 2,696 | 3,293 | 3,410 | 3,448 | 2,348 | 2,187 |
| net assets | 755,259 | 624,527 | 524,015 | 523,072 | 478,127 | 353,799 | 52,679 | 53,407 | 414,200 | 396,793 | 396,810 | 396,617 | 1,894,862 | 392,344 | 211,912 |
| total shareholders funds | 755,259 | 624,527 | 524,015 | 523,072 | 478,127 | 353,799 | 52,679 | 53,407 | 414,200 | 396,793 | 396,810 | 396,617 | 1,894,862 | 392,344 | 211,912 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -376 | 321 | -812 | -1,122 | -2,279 | -640 | -366 | -3,724 | -411 | -431 | -783 | ||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -228 | -184 | 198 | -4,352 | -55 | -522 | -862 | -161 | 119 | ||||||
| Stock | |||||||||||||||
| Debtors | -54 | 20 | 34 | -160 | 160 | ||||||||||
| Creditors | 5,681 | 420 | 2,017 | ||||||||||||
| Accruals and Deferred Income | -187 | -41 | 44 | -316 | -4,352 | 4,352 | -55 | -468 | -339 | 701 | 161 | 500 | |||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -560 | -19 | -972 | -5,276 | -2,279 | -695 | -889 | -4,585 | -572 | -431 | -164 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 100 | -100 | 100 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,017 | -179 | -542 | 351 | 301 | 399 | 1,687 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 1,576 | 972 | 84 | 131 | 24,007 | 596 | 614 | 6,001 | 3,791 | 986 | 192 | ||||
| cash flow from financing | 24,930 | -299,017 | 84 | -2,109,869 | -2,376,172 | 54 | 965 | 6,302 | 4,190 | 992 | 214,240 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 136,467 | 100,912 | 722 | 44,904 | 124,372 | 300,964 | -690 | -365,343 | 21,580 | -614 | 76 | -1,498,183 | 1,503,618 | 180,712 | 213,780 |
| overdraft | |||||||||||||||
| change in cash | 136,467 | 100,912 | 722 | 44,904 | 124,372 | 300,964 | -690 | -365,343 | 21,580 | -614 | 76 | -1,498,183 | 1,503,618 | 180,712 | 213,780 |
magrathea systems limited Credit Report and Business Information
Magrathea Systems Limited Competitor Analysis
Perform a competitor analysis for magrathea systems limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RG7 area or any other competitors across 12 key performance metrics.
magrathea systems limited Ownership
MAGRATHEA SYSTEMS LIMITED group structure
Magrathea Systems Limited has 1 subsidiary company.
Ultimate parent company
MAGRATHEA SYSTEMS LIMITED
03069628
1 subsidiary
magrathea systems limited directors
Magrathea Systems Limited currently has 5 directors. The longest serving directors include Mr Linus Surguy (Jun 1995) and Ms Melanie Weaver-Thorpe (Nov 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Linus Surguy | 54 years | Jun 1995 | - | Director | |
| Ms Melanie Weaver-Thorpe | England | 61 years | Nov 2004 | - | Director |
| Mr Martyn Iles | England | 53 years | Nov 2004 | - | Director |
| Mrs Tracey Wright | England | 47 years | Dec 2010 | - | Director |
| Mr Simon Burckhardt | England | 63 years | Mar 2023 | - | Director |
P&L
June 2024turnover
383.1k
+71%
operating profit
137.8k
0%
gross margin
35.6%
-0.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
755.3k
+0.21%
total assets
763.4k
+0.22%
cash
763.3k
+0.22%
net assets
Total assets minus all liabilities
magrathea systems limited company details
company number
03069628
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
June 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
EJBC CHARTERED ACCOUNTANTS
auditor
-
address
unit 5, commerce park, brunel road, reading, RG7 4AB
Bank
-
Legal Advisor
-
magrathea systems limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to magrathea systems limited.
magrathea systems limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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magrathea systems limited Companies House Filings - See Documents
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