magnite limited
magnite limited Company Information
Company Number
06922381
Website
http://www.magnite.comRegistered Address
5 new street square, london, EC4A 3TW
Industry
Advertising agencies
Telephone
02032062400
Next Accounts Due
4 days late
Group Structure
View All
Shareholders
magnite inc. 100%
magnite limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNITE LIMITED at £17.1m based on a Turnover of £20.8m and 0.82x industry multiple (adjusted for size and gross margin).
magnite limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNITE LIMITED at £8.3m based on an EBITDA of £1.7m and a 4.83x industry multiple (adjusted for size and gross margin).
magnite limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNITE LIMITED at £30m based on Net Assets of £13.8m and 2.18x industry multiple (adjusted for liquidity).
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Magnite Limited Overview
Magnite Limited is a live company located in london, EC4A 3TW with a Companies House number of 06922381. It operates in the advertising agencies sector, SIC Code 73110. Founded in June 2009, it's largest shareholder is magnite inc. with a 100% stake. Magnite Limited is a established, large sized company, Pomanda has estimated its turnover at £20.8m with rapid growth in recent years.
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Magnite Limited Health Check
Pomanda's financial health check has awarded Magnite Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £20.8m, make it larger than the average company (£9.2m)
£20.8m - Magnite Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (1%)
42% - Magnite Limited
1% - Industry AVG
Production
with a gross margin of 46.5%, this company has a comparable cost of product (46.5%)
46.5% - Magnite Limited
46.5% - Industry AVG
Profitability
an operating margin of 7.7% make it as profitable than the average company (6.5%)
7.7% - Magnite Limited
6.5% - Industry AVG
Employees
with 132 employees, this is above the industry average (45)
132 - Magnite Limited
45 - Industry AVG
Pay Structure
on an average salary of £90.5k, the company has a higher pay structure (£63.5k)
£90.5k - Magnite Limited
£63.5k - Industry AVG
Efficiency
resulting in sales per employee of £157.7k, this is equally as efficient (£176.2k)
£157.7k - Magnite Limited
£176.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Magnite Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (45 days)
8 days - Magnite Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Magnite Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 124 weeks, this is more cash available to meet short term requirements (18 weeks)
124 weeks - Magnite Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.3%, this is a lower level of debt than the average (68.4%)
15.3% - Magnite Limited
68.4% - Industry AVG
MAGNITE LIMITED financials
Magnite Limited's latest turnover from December 2022 is £20.8 million and the company has net assets of £13.8 million. According to their latest financial statements, Magnite Limited has 132 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,816,635 | 14,233,225 | 7,226,398 | 7,310,314 | 7,742,961 | 8,739,722 | 11,152,758 | 9,191,087 | 5,716,766 | 5,178,797 | 2,997,062 | 20,247,525 | 9,292,880 | 671,654 |
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 18,426,103 | 7,239,955 | 76,860 | |||||||||||
| Gross Profit | 1,821,422 | 2,052,925 | 594,794 | |||||||||||
| Admin Expenses | 1,416,471 | 1,867,067 | ||||||||||||
| Operating Profit | 1,605,368 | 1,056,381 | 471,466 | 329,853 | 354,304 | 486,991 | 908,813 | 441,141 | 196,358 | 244,269 | -179,224 | 404,951 | 185,858 | |
| Interest Payable | 750 | 2,564 | 2,624 | 2,092 | 2,027 | 4,345 | 182 | 3,124 | 2,000 | 10,788 | 790 | 1,585 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,604,618 | 1,053,817 | 468,842 | 327,761 | 352,277 | 482,646 | 908,631 | 438,017 | 194,358 | 233,481 | -180,014 | 403,366 | 185,858 | 13,433 |
| Tax | -340,378 | 556,340 | 112,173 | 21,960 | -152,413 | -117,929 | 45,840 | -148,506 | -82,484 | -79,975 | -61,758 | -136,646 | -60,728 | -7,096 |
| Profit After Tax | 1,264,240 | 1,610,157 | 581,015 | 349,721 | 199,864 | 364,717 | 954,471 | 289,511 | 111,874 | 153,506 | -241,772 | 266,720 | 125,130 | 6,337 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,264,240 | 1,610,157 | 581,015 | 349,721 | 199,864 | 364,717 | 954,471 | 289,511 | 111,874 | 153,506 | -241,772 | 266,720 | 125,130 | 6,337 |
| Employee Costs | 11,951,625 | 9,309,287 | 0 | 1,829,260 | 1,455,060 | 789,131 | ||||||||
| Number Of Employees | 132 | 94 | 51 | 53 | 56 | 62 | 76 | 74 | 24 | 18 | 11 | |||
| EBITDA* | 1,724,566 | 1,125,608 | 558,839 | 412,400 | 437,722 | 572,164 | 976,597 | 473,961 | 196,358 | 244,269 | -179,224 | 404,951 | 185,858 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 232,918 | 114,192 | 80,518 | 129,240 | 147,463 | 189,530 | 260,886 | 254,665 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,406,830 | 1,065,644 | 514,841 | 381,305 | 297,796 | 0 | 472,962 | 472,962 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,639,748 | 1,179,836 | 595,359 | 510,545 | 445,259 | 189,530 | 733,848 | 727,627 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,691,295 | 1,772,677 | 700,879 |
| Group Debtors | 9,142,940 | 6,428,970 | 978,291 | 2,305,386 | 560,915 | 26,543 | 641,164 | 122,709 | 422,053 | 289,577 | 532,283 | 818,707 | 235,867 | 0 |
| Misc Debtors | 295,300 | 236,145 | 650,641 | 217,487 | 195,163 | 712,323 | 448,674 | 425,871 | 170,219 | 180,260 | 172,697 | 2,940,662 | 1,361,929 | 15,000 |
| Cash | 5,187,520 | 3,129,756 | 4,062,804 | 1,793,908 | 2,560,421 | 2,335,661 | 896,867 | 850,266 | 392,221 | 3,150,184 | 4,176,614 | 2,180,764 | 1,289,356 | 70,166 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,625,760 | 9,794,871 | 5,691,736 | 4,316,781 | 3,316,499 | 3,074,527 | 1,986,705 | 1,398,846 | 984,493 | 3,620,021 | 4,881,594 | 7,631,428 | 4,659,829 | 786,045 |
| total assets | 16,265,508 | 10,974,707 | 6,287,095 | 4,827,326 | 3,761,758 | 3,264,057 | 2,720,553 | 2,126,473 | 984,493 | 3,620,021 | 4,881,594 | 7,631,428 | 4,659,829 | 786,045 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 267,559 | 95,119 | 57,576 | 26,188 | 4,146 | 47,196 | 6,368 | 7,599 | 31,785 | 5,480 | 77,699 | 1,239,971 | 69,649 | 33,038 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 427,625 | 761 | 2,263,070 | 3,449,340 | 5,483,315 | 4,214,122 | 611,337 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,905,866 | 1,567,861 | 642,045 | 514,379 | 520,542 | 573,893 | 761,074 | 834,782 | 530,142 | 1,041,540 | 1,198,130 | 509,945 | 244,581 | 135,323 |
| total current liabilities | 2,173,425 | 1,662,980 | 699,621 | 540,567 | 524,688 | 621,089 | 767,442 | 1,270,006 | 562,688 | 3,310,090 | 4,725,169 | 7,233,231 | 4,528,352 | 779,698 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 307,555 | 0 | 0 | 32,096 | 78,751 | 55,869 | 73,035 | 99,311 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 25,069 | 76,226 | 0 | 45,840 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 307,555 | 0 | 0 | 32,096 | 103,820 | 132,095 | 73,035 | 145,151 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,480,980 | 1,662,980 | 699,621 | 572,663 | 628,508 | 753,184 | 840,477 | 1,415,157 | 562,688 | 3,310,090 | 4,725,169 | 7,233,231 | 4,528,352 | 779,698 |
| net assets | 13,784,528 | 9,311,727 | 5,587,474 | 4,254,663 | 3,133,250 | 2,510,873 | 1,880,076 | 711,316 | 421,805 | 309,931 | 156,425 | 398,197 | 131,477 | 6,347 |
| total shareholders funds | 13,784,528 | 9,311,727 | 5,587,474 | 4,254,663 | 3,133,250 | 2,510,873 | 1,880,076 | 711,316 | 421,805 | 309,931 | 156,425 | 398,197 | 131,477 | 6,347 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,605,368 | 1,056,381 | 471,466 | 329,853 | 354,304 | 486,991 | 908,813 | 441,141 | 196,358 | 244,269 | -179,224 | 404,951 | 185,858 | |
| Depreciation | 119,198 | 69,227 | 87,373 | 82,547 | 83,418 | 85,173 | 67,784 | 32,820 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -340,378 | 556,340 | 112,173 | 21,960 | -152,413 | -117,929 | 45,840 | -148,506 | -82,484 | -79,975 | -61,758 | -136,646 | -60,728 | -7,096 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,114,311 | 5,586,986 | -760,405 | 1,850,304 | 315,008 | -823,934 | 541,258 | 429,270 | 122,435 | -235,143 | -4,745,684 | 2,080,191 | 2,654,594 | 715,879 |
| Creditors | 172,440 | 37,543 | 31,388 | 22,042 | -43,050 | 40,828 | -1,231 | -24,186 | 26,305 | -72,219 | -1,162,272 | 1,170,322 | 36,611 | 33,038 |
| Accruals and Deferred Income | 645,560 | 925,816 | 95,570 | -52,818 | -30,469 | -204,347 | -99,984 | 403,951 | -511,398 | -156,590 | 688,185 | 265,364 | 109,258 | 135,323 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -25,069 | -51,157 | 76,226 | -45,840 | 45,840 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -912,123 | -2,941,679 | 1,558,375 | -1,471,789 | -154,375 | 1,190,876 | 334,124 | 321,790 | -493,654 | 170,628 | 4,030,615 | -376,200 | -2,383,595 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -427,625 | 426,864 | -2,262,309 | -1,186,270 | -2,033,975 | 1,269,193 | 3,602,785 | 611,337 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -750 | -2,564 | -2,624 | -2,092 | -2,027 | -4,345 | -182 | -3,124 | -2,000 | -10,788 | -790 | -1,585 | 0 | 0 |
| cash flow from financing | 3,207,811 | 2,111,532 | 749,172 | 769,600 | 420,486 | 261,735 | -213,518 | 423,740 | -2,264,309 | -1,197,058 | -2,034,765 | 1,267,608 | 3,602,785 | 611,347 |
| cash and cash equivalents | ||||||||||||||
| cash | 2,057,764 | -933,048 | 2,268,896 | -766,513 | 224,760 | 1,438,794 | 46,601 | 458,045 | -2,757,963 | -1,026,430 | 1,995,850 | 891,408 | 1,219,190 | 70,166 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,057,764 | -933,048 | 2,268,896 | -766,513 | 224,760 | 1,438,794 | 46,601 | 458,045 | -2,757,963 | -1,026,430 | 1,995,850 | 891,408 | 1,219,190 | 70,166 |
magnite limited Credit Report and Business Information
Magnite Limited Competitor Analysis
Perform a competitor analysis for magnite limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in EC4A area or any other competitors across 12 key performance metrics.
magnite limited Ownership
MAGNITE LIMITED group structure
Magnite Limited has no subsidiary companies.
Ultimate parent company
MAGNITE INC
#0131470
1 parent
MAGNITE LIMITED
06922381
magnite limited directors
Magnite Limited currently has 4 directors. The longest serving directors include Mrs Natalie Pechacek (May 2013) and Meaghan Nix (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Natalie Pechacek | United States | 60 years | May 2013 | - | Director |
| Meaghan Nix | United Kingdom | 52 years | Oct 2015 | - | Director |
| Mr Aaron Saltz | United States | 43 years | Jun 2020 | - | Director |
| Mr Brian Gephart | United States | 46 years | Sep 2024 | - | Director |
P&L
December 2022turnover
20.8m
+46%
operating profit
1.6m
+52%
gross margin
46.6%
-6.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
13.8m
+0.48%
total assets
16.3m
+0.48%
cash
5.2m
+0.66%
net assets
Total assets minus all liabilities
magnite limited company details
company number
06922381
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
June 2009
age
15
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
the rubicon project ltd (August 2020)
last accounts submitted
December 2022
address
5 new street square, london, EC4A 3TW
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
magnite 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 magnite limited.
magnite limited Companies House Filings - See Documents
| date | description | view/download |
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