magmatic games ltd
magmatic games ltd Company Information
Company Number
07710599
Next Accounts
Sep 2025
Industry
Business and domestic software development
Shareholders
ruby road limited
Group Structure
View All
Contact
Registered Address
1st floor 8 bridle close, kingston upon thames, surrey, KT1 2JW
Website
www.bravocompany.iomagmatic games ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGMATIC GAMES LTD at £1m based on a Turnover of £1.1m and 0.9x industry multiple (adjusted for size and gross margin).
magmatic games ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGMATIC GAMES LTD at £79.1m based on an EBITDA of £14.6m and a 5.42x industry multiple (adjusted for size and gross margin).
magmatic games ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGMATIC GAMES LTD at £42.3m based on Net Assets of £17.9m and 2.37x industry multiple (adjusted for liquidity).
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Magmatic Games Ltd Overview
Magmatic Games Ltd is a live company located in surrey, KT1 2JW with a Companies House number of 07710599. It operates in the business and domestic software development sector, SIC Code 62012. Founded in July 2011, it's largest shareholder is ruby road limited with a 100% stake. Magmatic Games Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Magmatic Games Ltd Health Check
Pomanda's financial health check has awarded Magmatic Games Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£4.5m)
- Magmatic Games Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (10.1%)
- Magmatic Games Ltd
10.1% - Industry AVG
Production
with a gross margin of 72%, this company has a comparable cost of product (72%)
- Magmatic Games Ltd
72% - Industry AVG
Profitability
an operating margin of 1311.3% make it more profitable than the average company (3.5%)
- Magmatic Games Ltd
3.5% - Industry AVG
Employees
with 11 employees, this is below the industry average (40)
11 - Magmatic Games Ltd
40 - Industry AVG
Pay Structure
on an average salary of £72.1k, the company has an equivalent pay structure (£72.1k)
- Magmatic Games Ltd
£72.1k - Industry AVG
Efficiency
resulting in sales per employee of £101.2k, this is less efficient (£122.8k)
- Magmatic Games Ltd
£122.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Magmatic Games Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (40 days)
- Magmatic Games Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Magmatic Games Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Magmatic Games Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.3%, this is a similar level of debt than the average (62.3%)
64.3% - Magmatic Games Ltd
62.3% - Industry AVG
MAGMATIC GAMES LTD financials
Magmatic Games Ltd's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £17.9 million. According to their latest financial statements, Magmatic Games Ltd has 11 employees and maintains cash reserves of £313.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 177,380 | 151,060 | |||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||
| Cost Of Sales | 17,761 | 15,752 | |||||||||||
| Gross Profit | 159,619 | 135,308 | |||||||||||
| Admin Expenses | 260,368 | 221,844 | |||||||||||
| Operating Profit | -100,749 | -86,536 | |||||||||||
| Interest Payable | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | |||||||||||
| Pre-Tax Profit | -100,749 | -86,536 | |||||||||||
| Tax | 42,375 | 34,308 | |||||||||||
| Profit After Tax | -58,374 | -52,228 | |||||||||||
| Dividends Paid | 0 | 0 | |||||||||||
| Retained Profit | -58,374 | -52,228 | |||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 11 | 18 | 15 | 6 | 21 | 20 | 12 | 11 | 5 | ||||
| EBITDA* | -98,133 | -84,931 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 32,059 | 41,293 | 48,898 | 41,620 | 18,356 | 9,160 | 3,092 | 6,213 | 5,260 | 5,629 |
| Intangible Assets | 0 | 0 | 0 | 3,837 | 3,109 | 3,293 | 3,608 | 3,923 | 3,492 | 3,765 | 4,038 | 2,947 | 3,144 |
| Investments & Other | 0 | 0 | 0 | 0 | 63,698 | 68,500 | 68,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 35,896 | 108,100 | 120,691 | 113,728 | 22,279 | 12,652 | 6,857 | 10,251 | 8,207 | 8,773 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 328,048 | 151,060 |
| Trade Debtors | 0 | 0 | 0 | 51,721 | 0 | 0 | 0 | 0 | 118,755 | 42,691 | 53,789 | 0 | 0 |
| Group Debtors | 49,770,211 | 6,805,957 | 1,861,993 | 0 | 4,502 | 32,252 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,804 | 321,833 | 318,736 | 80,731 | 358,458 | 794,860 | 24,629 | 11,545 | 0 | 0 | 0 | 46,726 | 42,033 |
| Cash | 313,905 | 453,890 | 2,249,172 | 6,567,233 | 495,676 | 1,567,602 | 4,466,565 | 174,863 | 749,046 | 21,850 | 257,235 | 78,553 | 183,820 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 12,258 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 50,100,922 | 7,581,681 | 4,429,901 | 6,699,685 | 858,636 | 2,394,714 | 4,503,452 | 186,408 | 867,801 | 64,541 | 311,024 | 453,327 | 376,913 |
| total assets | 50,100,922 | 7,581,681 | 4,429,901 | 6,735,581 | 966,736 | 2,515,405 | 4,617,180 | 208,687 | 880,453 | 71,398 | 321,275 | 461,534 | 385,686 |
| Bank overdraft | 32 | 307 | 0 | 0 | 0 | 12,968 | 9,396 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 438 | 3,941 | 160,542 | 96,141 | 45,749 | 23,882 | 89,140 | 36,560 | 21,309 | 13,513 | 28,462 | 0 | 0 |
| Group/Directors Accounts | 15,693 | 323,835 | 19,870 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 32,219,155 | 350,261 | 334,451 | 36,055 | 65,114 | 67,522 | 7,648 | 6,035 | 0 | 0 | 0 | 19,036 | 9,814 |
| total current liabilities | 32,235,318 | 678,345 | 514,863 | 132,196 | 110,863 | 104,372 | 106,184 | 42,595 | 21,309 | 13,513 | 28,462 | 19,036 | 9,814 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 125,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300,000 | 300,000 | 175,000 | 175,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300,000 | 300,000 | 300,000 | 175,000 |
| total liabilities | 32,235,318 | 678,345 | 514,863 | 132,196 | 110,863 | 104,372 | 106,184 | 42,595 | 21,309 | 313,513 | 328,462 | 319,036 | 184,814 |
| net assets | 17,865,603 | 6,903,336 | 3,915,038 | 6,603,385 | 855,873 | 2,411,033 | 4,510,996 | 166,092 | 859,144 | -242,115 | -7,187 | 142,498 | 200,872 |
| total shareholders funds | 17,865,603 | 6,903,336 | 3,915,038 | 6,603,385 | 855,873 | 2,411,033 | 4,510,996 | 166,092 | 859,144 | -242,115 | -7,187 | 142,498 | 200,872 |
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -100,749 | -86,536 | |||||||||||
| Depreciation | 0 | 0 | 28,785 | 23,848 | 12,811 | 22,237 | 7,727 | 2,928 | 3,121 | 3,506 | 2,419 | 1,408 | |
| Amortisation | 0 | 0 | 425 | 315 | 185 | 315 | 315 | 273 | 273 | 209 | 197 | 197 | |
| Tax | 42,375 | 34,308 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -328,048 | 176,988 | 151,060 |
| Debtors | 42,659,226 | 4,947,061 | 1,817,769 | -230,508 | -464,152 | 802,483 | 13,084 | -107,210 | 76,064 | -11,098 | 7,063 | 4,693 | 42,033 |
| Creditors | -3,503 | -156,601 | 114,793 | 50,392 | 21,867 | -65,258 | 52,580 | 15,251 | 7,796 | -14,949 | 28,462 | 0 | 0 |
| Accruals and Deferred Income | 31,868,894 | 15,810 | 269,337 | -29,059 | -2,408 | 59,874 | 1,613 | 6,035 | 0 | 0 | -19,036 | 9,222 | 9,814 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -228,217 | -233,902 | |||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | -63,698 | -63,698 | -4,802 | 0 | 68,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -308,142 | 303,965 | 19,870 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 | -125,000 | 125,000 | 0 |
| Hire Purchase and Lease Commitments | 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 | -300,000 | 0 | 125,000 | 0 | 175,000 |
| share issue | |||||||||||||
| interest | 0 | 0 | |||||||||||
| cash flow from financing | 125,000 | 428,100 | |||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -139,985 | -1,795,282 | 1,753,496 | 6,071,557 | -1,071,926 | -2,898,963 | 4,291,702 | -574,183 | 727,196 | -235,385 | 178,682 | -105,267 | 183,820 |
| overdraft | -275 | 307 | 0 | 0 | -12,968 | 3,572 | 9,396 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -139,710 | -1,795,589 | 1,753,496 | 6,071,557 | -1,058,958 | -2,902,535 | 4,282,306 | -574,183 | 727,196 | -235,385 | 178,682 | -105,267 | 183,820 |
magmatic games ltd Credit Report and Business Information
Magmatic Games Ltd Competitor Analysis
Perform a competitor analysis for magmatic games ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in KT1 area or any other competitors across 12 key performance metrics.
magmatic games ltd Ownership
MAGMATIC GAMES LTD group structure
Magmatic Games Ltd has 1 subsidiary company.
magmatic games ltd directors
Magmatic Games Ltd currently has 3 directors. The longest serving directors include Miss Hadas Gazit (Aug 2021) and Ms Kamaljeet Dhesi (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Hadas Gazit | England | 49 years | Aug 2021 | - | Director |
| Ms Kamaljeet Dhesi | United Kingdom | 50 years | Mar 2024 | - | Director |
| Ms Mihaela Chicu | England | 33 years | Jul 2024 | - | Director |
P&L
December 2023turnover
1.1m
-34%
operating profit
14.6m
0%
gross margin
72%
+0.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
17.9m
+1.59%
total assets
50.1m
+5.61%
cash
313.9k
-0.31%
net assets
Total assets minus all liabilities
magmatic games ltd company details
company number
07710599
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
July 2011
age
14
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
bravocompany ltd (February 2021)
koyoki limited (June 2017)
accountant
-
auditor
BKL AUDIT LLP
address
1st floor 8 bridle close, kingston upon thames, surrey, KT1 2JW
Bank
-
Legal Advisor
-
magmatic games ltd 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 magmatic games ltd.
magmatic games ltd Capital Raised & Share Issues BETA
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magmatic games ltd Companies House Filings - See Documents
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