magdalene limited
magdalene limited Company Information
Company Number
03198823
Next Accounts
Dec 2025
Shareholders
m group telecoms limited
Group Structure
View All
Industry
Wireless telecommunications activities
+1Registered Address
abel smith house, gunnels wood road, stevenage, hertfordshire, SG1 2ST
Website
http://www.magdalene.co.ukmagdalene limited Estimated Valuation
Pomanda estimates the enterprise value of MAGDALENE LIMITED at £122.6m based on a Turnover of £96.8m and 1.27x industry multiple (adjusted for size and gross margin).
magdalene limited Estimated Valuation
Pomanda estimates the enterprise value of MAGDALENE LIMITED at £32m based on an EBITDA of £7.1m and a 4.52x industry multiple (adjusted for size and gross margin).
magdalene limited Estimated Valuation
Pomanda estimates the enterprise value of MAGDALENE LIMITED at £62.5m based on Net Assets of £23.8m and 2.62x industry multiple (adjusted for liquidity).
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Magdalene Limited Overview
Magdalene Limited is a live company located in stevenage, SG1 2ST with a Companies House number of 03198823. It operates in the wired telecommunications activities sector, SIC Code 61100. Founded in May 1996, it's largest shareholder is m group telecoms limited with a 100% stake. Magdalene Limited is a mature, large sized company, Pomanda has estimated its turnover at £96.8m with high growth in recent years.
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Magdalene Limited Health Check
Pomanda's financial health check has awarded Magdalene Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £96.8m, make it larger than the average company (£6.1m)
£96.8m - Magdalene Limited
£6.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (7.1%)
26% - Magdalene Limited
7.1% - Industry AVG
Production
with a gross margin of 13.8%, this company has a higher cost of product (37.4%)
13.8% - Magdalene Limited
37.4% - Industry AVG
Profitability
an operating margin of 7.1% make it more profitable than the average company (2.4%)
7.1% - Magdalene Limited
2.4% - Industry AVG
Employees
with 415 employees, this is above the industry average (41)
415 - Magdalene Limited
41 - Industry AVG
Pay Structure
on an average salary of £56.2k, the company has an equivalent pay structure (£55.9k)
£56.2k - Magdalene Limited
£55.9k - Industry AVG
Efficiency
resulting in sales per employee of £233.3k, this is more efficient (£171.8k)
£233.3k - Magdalene Limited
£171.8k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (45 days)
112 days - Magdalene Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is close to average (44 days)
41 days - Magdalene Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (16 days)
8 days - Magdalene Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Magdalene Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.9%, this is a similar level of debt than the average (68.9%)
64.9% - Magdalene Limited
68.9% - Industry AVG
MAGDALENE LIMITED financials
Magdalene Limited's latest turnover from March 2024 is £96.8 million and the company has net assets of £23.8 million. According to their latest financial statements, Magdalene Limited has 415 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 96,821,000 | 64,069,000 | 66,680,000 | 48,582,000 | 49,264,000 | 45,408,000 | 20,423,000 | 22,309,000 | 28,182,642 | 33,332,056 | 26,587,612 | 22,430,778 | 19,022,003 | 15,700,185 | 17,463,870 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 83,454,000 | 54,540,000 | 55,997,000 | 39,889,000 | 41,552,000 | 37,780,000 | 15,730,000 | 18,860,000 | 24,795,029 | 28,207,766 | 22,866,958 | 18,993,644 | 15,635,788 | 12,809,559 | 12,599,155 |
| Gross Profit | 13,367,000 | 9,529,000 | 10,683,000 | 8,693,000 | 7,712,000 | 7,628,000 | 4,693,000 | 3,449,000 | 3,387,613 | 5,124,290 | 3,720,654 | 3,437,134 | 3,386,215 | 2,890,626 | 4,864,715 |
| Admin Expenses | 6,496,000 | 5,747,000 | 4,584,000 | 3,471,000 | 2,566,000 | 2,777,000 | 2,201,000 | 2,466,000 | 2,924,341 | 2,085,516 | 2,309,402 | 2,282,332 | 2,810,069 | 2,681,986 | 4,558,713 |
| Operating Profit | 6,871,000 | 3,782,000 | 6,099,000 | 5,222,000 | 5,146,000 | 4,851,000 | 2,492,000 | 983,000 | 463,272 | 3,038,774 | 1,411,252 | 1,154,802 | 576,146 | 208,640 | 306,002 |
| Interest Payable | 142,000 | 96,000 | 48,000 | 36,000 | 90,000 | 14,000 | 64,000 | 118,485 | 88,546 | 83,866 | 61,072 | 55,781 | 69,899 | 32,247 | |
| Interest Receivable | 32,000 | 3,000 | 1,995,000 | 994 | 5 | 998 | 1,577 | 64,304 | |||||||
| Pre-Tax Profit | 6,761,000 | 3,689,000 | 6,051,000 | 5,186,000 | 5,056,000 | 4,851,000 | 2,478,000 | 920,000 | 345,781 | 2,950,233 | 1,327,386 | 1,094,728 | 521,942 | 690,868 | 338,059 |
| Tax | -2,045,000 | -814,000 | -1,251,000 | -986,000 | -962,000 | -878,000 | -443,000 | -140,000 | -56,963 | -591,768 | -258,805 | -237,129 | -130,818 | 59,218 | -6,201 |
| Profit After Tax | 4,716,000 | 2,875,000 | 4,800,000 | 4,200,000 | 4,094,000 | 3,973,000 | 2,035,000 | 780,000 | 288,818 | 2,358,465 | 1,068,581 | 857,599 | 391,124 | 750,086 | 331,858 |
| Dividends Paid | 5,000,000 | 703,000 | 1,219,000 | 2,033,627 | 726,239 | 441,101 | 447,000 | 369,757 | 1,923,341 | ||||||
| Retained Profit | 4,716,000 | -2,125,000 | 4,800,000 | 4,200,000 | 4,094,000 | 3,270,000 | 2,035,000 | -439,000 | 288,818 | 324,838 | 342,342 | 416,498 | -55,876 | 380,329 | -1,591,483 |
| Employee Costs | 23,337,000 | 20,581,000 | 19,316,000 | 10,255,000 | 7,458,000 | 7,054,000 | 6,838,000 | 7,364,000 | 7,650,015 | 7,213,651 | 6,530,076 | 6,820,593 | 5,834,154 | 5,694,667 | 4,820,578 |
| Number Of Employees | 415 | 399 | 369 | 205 | 161 | 156 | 164 | 174 | 196 | 181 | 161 | 160 | 131 | 117 | 105 |
| EBITDA* | 7,091,000 | 3,956,000 | 6,241,000 | 5,302,000 | 5,298,000 | 5,024,000 | 2,652,000 | 1,129,000 | 606,425 | 3,278,970 | 1,703,697 | 1,420,754 | 768,258 | 362,171 | 436,818 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,613,000 | 1,609,000 | 1,641,000 | 1,568,000 | 1,476,000 | 1,548,000 | 1,638,000 | 1,703,000 | 1,775,017 | 1,830,400 | 1,943,586 | 2,021,311 | 2,070,948 | 2,086,650 | 2,143,144 |
| Intangible Assets | 306,000 | 169,000 | 52,000 | 71,000 | 3,000 | 270,000 | 294,000 | 275,000 | 98,543 | -34,415 | -121,241 | -176,833 | -176,833 | ||
| Investments & Other | 6,188,000 | 42,326 | 42,326 | 42,526 | 46,966 | 448,964 | |||||||||
| Debtors (Due After 1 year) | 11,342,000 | 12,550,000 | 16,639,000 | 6,548,000 | |||||||||||
| Total Fixed Assets | 13,261,000 | 14,328,000 | 18,332,000 | 8,187,000 | 7,667,000 | 1,818,000 | 1,932,000 | 1,978,000 | 1,873,560 | 1,830,400 | 1,951,497 | 1,942,396 | 1,936,641 | 1,956,783 | 2,592,108 |
| Stock & work in progress | 2,028,000 | 1,944,000 | 2,786,000 | 565,000 | 559,000 | 314,000 | 329,000 | 309,000 | 754,701 | 599,170 | 430,638 | 416,819 | 486,609 | 347,774 | 278,343 |
| Trade Debtors | 29,934,000 | 13,326,000 | 14,635,000 | 4,106,000 | 3,628,000 | 3,202,000 | 2,565,000 | 4,658,000 | 2,536,179 | 3,636,420 | 3,312,414 | 3,105,933 | 3,330,879 | 3,920,829 | 3,031,517 |
| Group Debtors | 18,555,000 | 304,000 | 1,119,000 | 1,800,000 | 1,600,000 | 2,061,000 | 910,000 | 9,000 | 813,527 | 28,933 | 867 | 7,548 | 383,207 | 543,616 | |
| Misc Debtors | 1,849,000 | 3,423,000 | 1,350,000 | 3,271,000 | 2,387,000 | 5,515,000 | 2,375,000 | 1,980,000 | 3,844,165 | 5,561,681 | 3,663,321 | 3,254,862 | 2,065,033 | 1,325,211 | 1,197,611 |
| Cash | 2,183,000 | 8,156,000 | 7,531,000 | 11,957,000 | 7,342,000 | 8,519,000 | 2,373,000 | 286,000 | 635,645 | 1,910,253 | 1,091,921 | 164,785 | 253,103 | 409,886 | 186,077 |
| misc current assets | |||||||||||||||
| total current assets | 54,549,000 | 27,153,000 | 27,421,000 | 21,699,000 | 15,516,000 | 19,611,000 | 8,552,000 | 7,242,000 | 8,584,217 | 11,707,524 | 8,527,227 | 6,943,266 | 6,143,172 | 6,386,907 | 5,237,164 |
| total assets | 67,810,000 | 41,481,000 | 45,753,000 | 29,886,000 | 23,183,000 | 21,429,000 | 10,484,000 | 9,220,000 | 10,457,777 | 13,537,924 | 10,478,724 | 8,885,662 | 8,079,813 | 8,343,690 | 7,829,272 |
| Bank overdraft | 96,000 | 88,386 | 768,798 | 986,499 | 1,325,429 | 1,073,933 | |||||||||
| Bank loan | 92,139 | 90,170 | |||||||||||||
| Trade Creditors | 9,466,000 | 1,718,000 | 792,000 | 1,127,000 | 567,000 | 1,635,000 | 1,661,000 | 3,093,000 | 3,419,487 | 4,503,813 | 3,809,728 | 2,415,991 | 1,937,431 | 1,859,558 | 1,531,028 |
| Group/Directors Accounts | 6,278,000 | 5,100,000 | 7,143,000 | 4,226,000 | 997,000 | 2,620,000 | 23,000 | 31,302 | 190,977 | 3,326 | 31,252 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 11,145 | 16,717 | 4,500 | 20,934 | |||||||||||
| other current liabilities | 27,641,000 | 15,493,000 | 16,655,000 | 8,167,000 | 9,463,000 | 9,096,000 | 3,153,000 | 2,458,000 | 2,677,171 | 5,057,895 | 2,851,960 | 2,222,711 | 1,843,379 | 1,582,255 | 2,248,922 |
| total current liabilities | 43,385,000 | 22,311,000 | 24,590,000 | 13,520,000 | 11,027,000 | 13,351,000 | 4,837,000 | 5,647,000 | 6,188,797 | 9,663,023 | 6,766,791 | 5,438,802 | 4,962,786 | 4,791,502 | 4,885,135 |
| loans | 554,000 | 826,000 | 778,000 | 875,584 | 967,698 | 1,068,828 | 1,146,097 | 1,232,762 | 1,607,547 | 1,384,120 | |||||
| hp & lease commitments | 4,500 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 55,000 | 68,000 | 16,000 | 29,000 | 38,000 | 197,375 | 205 | ||||||||
| total long term liabilities | 609,000 | 68,000 | 8,000 | 16,000 | 855,000 | 816,000 | 1,072,959 | 967,698 | 1,068,828 | 1,146,097 | 1,232,762 | 1,612,047 | 1,384,325 | ||
| total liabilities | 43,994,000 | 22,379,000 | 24,590,000 | 13,528,000 | 11,027,000 | 13,367,000 | 5,692,000 | 6,463,000 | 7,261,756 | 10,630,721 | 7,835,619 | 6,584,899 | 6,195,548 | 6,403,549 | 6,269,460 |
| net assets | 23,816,000 | 19,102,000 | 21,163,000 | 16,358,000 | 12,156,000 | 8,062,000 | 4,792,000 | 2,757,000 | 3,196,021 | 2,907,203 | 2,643,105 | 2,300,763 | 1,884,265 | 1,940,141 | 1,559,812 |
| total shareholders funds | 23,816,000 | 19,102,000 | 21,163,000 | 16,358,000 | 12,156,000 | 8,062,000 | 4,792,000 | 2,757,000 | 3,196,021 | 2,907,203 | 2,643,105 | 2,300,763 | 1,884,265 | 1,940,141 | 1,559,812 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 6,871,000 | 3,782,000 | 6,099,000 | 5,222,000 | 5,146,000 | 4,851,000 | 2,492,000 | 983,000 | 463,272 | 3,038,774 | 1,411,252 | 1,154,802 | 576,146 | 208,640 | 306,002 |
| Depreciation | 157,000 | 147,000 | 123,000 | 75,000 | 89,000 | 128,000 | 152,000 | 146,000 | 143,153 | 205,781 | 205,619 | 210,360 | 192,112 | 193,671 | 130,816 |
| Amortisation | 63,000 | 27,000 | 19,000 | 5,000 | 63,000 | 45,000 | 8,000 | 34,415 | 86,826 | 55,592 | -40,140 | ||||
| Tax | -2,045,000 | -814,000 | -1,251,000 | -986,000 | -962,000 | -878,000 | -443,000 | -140,000 | -56,963 | -591,768 | -258,805 | -237,129 | -130,818 | 59,218 | -6,201 |
| Stock | 84,000 | -842,000 | 2,221,000 | 6,000 | 245,000 | -15,000 | 20,000 | -445,701 | 155,531 | 168,532 | 13,819 | -69,790 | 138,835 | 69,431 | 278,343 |
| Debtors | 32,077,000 | -4,140,000 | 18,018,000 | 8,110,000 | -3,163,000 | 4,928,000 | -797,000 | -546,871 | -2,004,230 | 2,193,433 | 643,006 | 958,202 | -225,787 | 856,503 | 4,772,744 |
| Creditors | 7,748,000 | 926,000 | -335,000 | 560,000 | -1,068,000 | -26,000 | -1,432,000 | -326,487 | -1,084,326 | 694,085 | 1,393,737 | 478,560 | 77,873 | 328,530 | 1,531,028 |
| Accruals and Deferred Income | 12,148,000 | -1,162,000 | 8,488,000 | -1,296,000 | 367,000 | 5,943,000 | 695,000 | -219,171 | -2,380,724 | 2,205,935 | 629,249 | 379,332 | 261,124 | -666,667 | 2,248,922 |
| Deferred Taxes & Provisions | -13,000 | 68,000 | -16,000 | -13,000 | -9,000 | -159,375 | 197,375 | -205 | 205 | ||||||
| Cash flow from operations | -7,232,000 | 7,956,000 | -7,096,000 | -4,536,000 | 6,537,000 | 5,137,000 | 2,240,000 | 1,276,539 | -869,514 | 3,225,257 | 2,811,053 | 1,153,105 | 1,063,389 | -842,887 | -840,315 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -6,188,000 | 6,188,000 | -42,326 | -200 | -4,440 | -401,998 | 448,964 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -92,139 | 1,969 | 90,170 | ||||||||||||
| Group/Directors Accounts | 1,178,000 | -2,043,000 | 2,917,000 | 3,229,000 | -1,623,000 | 2,597,000 | 23,000 | -31,302 | -159,675 | 187,651 | -27,926 | 31,252 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 554,000 | -826,000 | 48,000 | -97,584 | -92,114 | -101,130 | -77,269 | -86,665 | -374,785 | 223,427 | 1,384,120 | ||||
| Hire Purchase and Lease Commitments | -11,145 | -5,572 | 16,717 | -4,500 | -20,934 | 25,434 | |||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -110,000 | -93,000 | -48,000 | -36,000 | -90,000 | -14,000 | 1,931,000 | -117,491 | -88,541 | -83,866 | -60,074 | -54,204 | -69,899 | 32,057 | |
| cash flow from financing | 1,620,000 | -2,072,000 | 2,874,000 | 3,195,000 | -1,713,000 | 1,771,000 | 57,000 | 1,741,256 | -218,781 | -165,813 | -175,720 | -310,914 | -262,272 | 151,036 | 4,598,724 |
| cash and cash equivalents | |||||||||||||||
| cash | -5,973,000 | 625,000 | -4,426,000 | 4,615,000 | -1,177,000 | 6,146,000 | 2,087,000 | -349,645 | -1,274,608 | 818,332 | 927,136 | -88,318 | -156,783 | 223,809 | 186,077 |
| overdraft | -96,000 | 96,000 | -88,386 | -680,412 | -217,701 | -338,930 | 251,496 | 1,073,933 | |||||||
| change in cash | -5,973,000 | 625,000 | -4,426,000 | 4,615,000 | -1,177,000 | 6,146,000 | 2,183,000 | -445,645 | -1,274,608 | 906,718 | 1,607,548 | 129,383 | 182,147 | -27,687 | -887,856 |
magdalene limited Credit Report and Business Information
Magdalene Limited Competitor Analysis
Perform a competitor analysis for magdalene limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in SG1 area or any other competitors across 12 key performance metrics.
magdalene limited Ownership
MAGDALENE LIMITED group structure
Magdalene Limited has 1 subsidiary company.
Ultimate parent company
2 parents
MAGDALENE LIMITED
03198823
1 subsidiary
magdalene limited directors
Magdalene Limited currently has 9 directors. The longest serving directors include Mr Mark Turner (Jan 2003) and Mr Alain Loosveld (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Turner | England | 53 years | Jan 2003 | - | Director |
| Mr Alain Loosveld | England | 56 years | Sep 2017 | - | Director |
| Mr Andrew Findlay | United Kingdom | 55 years | Aug 2021 | - | Director |
| Mr Andrew Findlay | United Kingdom | 55 years | Aug 2021 | - | Director |
| Mr Andrew Findlay | United Kingdom | 55 years | Aug 2021 | - | Director |
| Mrs Kirsty Fuller | England | 42 years | Sep 2022 | - | Director |
| Mr Christian Keen | 61 years | Sep 2022 | - | Director | |
| Mr Samuel Saunders | England | 47 years | Sep 2022 | - | Director |
| Mr Jonathan Yarr | Scotland | 45 years | Jun 2023 | - | Director |
P&L
March 2024turnover
96.8m
+51%
operating profit
6.9m
+82%
gross margin
13.9%
-7.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
23.8m
+0.25%
total assets
67.8m
+0.63%
cash
2.2m
-0.73%
net assets
Total assets minus all liabilities
magdalene limited company details
company number
03198823
Type
Private limited with Share Capital
industry
61200 - Wireless telecommunications activities
61100 - Wired telecommunications activities
incorporation date
May 1996
age
29
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
magdalene telecom limited (April 2006)
magdalene technology limited (April 1999)
accountant
-
auditor
DELOITTE LLP
address
abel smith house, gunnels wood road, stevenage, hertfordshire, SG1 2ST
Bank
HSBC BANK PLC
Legal Advisor
-
magdalene 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 found 8 charges/mortgages relating to magdalene limited. Currently there are 1 open charges and 7 have been satisfied in the past.
magdalene 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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magdalene limited Companies House Filings - See Documents
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