mag games limited
mag games limited Company Information
Company Number
08892692
Website
maginteractive.comRegistered Address
bostel house first floor, 37 west street, brighton, BN1 2RE
Industry
Manufacture of games and toys (other than professional and arcade games and toys) n.e.c.
Telephone
-
Next Accounts Due
111 days late
Group Structure
View All
Directors
Daniel Hasselberg9 Years
Shareholders
mag interactive 100%
mag games limited Estimated Valuation
Pomanda estimates the enterprise value of MAG GAMES LIMITED at £768.2k based on a Turnover of £1.8m and 0.44x industry multiple (adjusted for size and gross margin).
mag games limited Estimated Valuation
Pomanda estimates the enterprise value of MAG GAMES LIMITED at £557.1k based on an EBITDA of £176.9k and a 3.15x industry multiple (adjusted for size and gross margin).
mag games limited Estimated Valuation
Pomanda estimates the enterprise value of MAG GAMES LIMITED at £342.5k based on Net Assets of £885k and 0.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mag Games Limited Overview
Mag Games Limited is a live company located in brighton, BN1 2RE with a Companies House number of 08892692. It operates in the manufacture of other games and toys, n.e.c. sector, SIC Code 32409. Founded in February 2014, it's largest shareholder is mag interactive with a 100% stake. Mag Games Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.
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Mag Games Limited Health Check
Pomanda's financial health check has awarded Mag Games Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£12.4m)
£1.8m - Mag Games Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.5%)
8% - Mag Games Limited
8.5% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
35.9% - Mag Games Limited
35.9% - Industry AVG
Profitability
an operating margin of 5.3% make it less profitable than the average company (6.7%)
5.3% - Mag Games Limited
6.7% - Industry AVG
Employees
with 21 employees, this is below the industry average (37)
21 - Mag Games Limited
37 - Industry AVG
Pay Structure
on an average salary of £57.7k, the company has an equivalent pay structure (£50.1k)
£57.7k - Mag Games Limited
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £83.6k, this is less efficient (£375.7k)
£83.6k - Mag Games Limited
£375.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mag Games Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (29 days)
18 days - Mag Games Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mag Games Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 129 weeks, this is more cash available to meet short term requirements (15 weeks)
129 weeks - Mag Games Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.1%, this is a lower level of debt than the average (58.5%)
22.1% - Mag Games Limited
58.5% - Industry AVG
MAG GAMES LIMITED financials
Mag Games Limited's latest turnover from August 2022 is £1.8 million and the company has net assets of £885 thousand. According to their latest financial statements, Mag Games Limited has 21 employees and maintains cash reserves of £625.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,754,790 | 1,862,093 | 1,664,312 | 1,393,088 | 1,434,758 | 1,091,345 | 973,544 | 212,446 | |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | 139,750 | 48,735 | 104,499 | -338,526 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 12 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 50 | 26 | 0 | 0 | |
| Pre-Tax Profit | 82,705 | 88,628 | 79,253 | 66,421 | 139,800 | 48,761 | 104,499 | -338,538 | |
| Tax | 0 | 0 | 0 | -43,968 | -58,154 | -26,848 | 224,053 | 152,652 | |
| Profit After Tax | 82,705 | 88,628 | 79,253 | 22,453 | 81,646 | 21,913 | 328,552 | -185,886 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 82,705 | 88,628 | 79,253 | 22,453 | 81,646 | 21,913 | 328,552 | -185,886 | |
| Employee Costs | 1,211,309 | 1,287,773 | 1,105,626 | 903,199 | 1,005,030 | 565,016 | 277,119 | ||
| Number Of Employees | 21 | 22 | 19 | 18 | 18 | 13 | 11 | ||
| EBITDA* | 152,325 | 56,873 | 110,795 | -332,372 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 126,426 | 182,832 | 248,521 | 304,971 | 21,502 | 14,383 | 2,966 | 9,812 | 6,566 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 126,426 | 182,832 | 248,521 | 304,971 | 21,502 | 14,383 | 2,966 | 9,812 | 6,566 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53,981 |
| Group Debtors | 278,758 | 329,744 | 249,296 | 176,863 | 217,322 | 213,943 | 229,999 | 119,632 | 0 |
| Misc Debtors | 105,085 | 59,111 | 53,046 | 56,288 | 214,416 | 206,329 | 328,897 | 100,816 | 0 |
| Cash | 625,204 | 497,061 | 341,174 | 206,621 | 254,824 | 195,555 | 80,002 | 43,616 | 89,874 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,009,047 | 885,916 | 643,516 | 439,772 | 686,562 | 615,827 | 638,898 | 264,064 | 143,855 |
| total assets | 1,135,473 | 1,068,748 | 892,037 | 744,743 | 708,064 | 630,210 | 641,864 | 273,876 | 150,421 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 56,076 | 66,284 | 18,871 | 13,894 | 7,602 | 28,103 | 15,070 | 34,734 | 81,273 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 194,408 | 219,038 | 193,424 | 137,520 | 133,657 | 116,948 | 163,548 | 104,448 | 0 |
| total current liabilities | 250,484 | 285,322 | 212,295 | 151,414 | 141,259 | 145,051 | 178,618 | 139,182 | 81,273 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 250,484 | 285,322 | 212,295 | 151,414 | 141,259 | 145,051 | 178,618 | 139,182 | 81,273 |
| net assets | 884,989 | 783,426 | 679,742 | 593,329 | 566,805 | 485,159 | 463,246 | 134,694 | 69,148 |
| total shareholders funds | 884,989 | 783,426 | 679,742 | 593,329 | 566,805 | 485,159 | 463,246 | 134,694 | 69,148 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 139,750 | 48,735 | 104,499 | -338,526 | |||||
| Depreciation | 84,593 | 83,607 | 82,273 | 59,126 | 12,575 | 8,138 | 6,296 | 6,154 | 3,233 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | -43,968 | -58,154 | -26,848 | 224,053 | 152,652 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,012 | 86,513 | 69,191 | -198,587 | 11,466 | -138,624 | 338,448 | 220,448 | 53,981 |
| Creditors | -10,208 | 47,413 | 4,977 | 6,292 | -20,501 | 13,033 | -19,664 | 34,734 | 81,273 |
| Accruals and Deferred Income | -24,630 | 25,614 | 55,904 | 3,863 | 16,709 | -46,600 | 59,100 | 104,448 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 78,913 | 135,082 | 35,836 | -260,986 | |||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 50 | 0 | -12 | ||
| cash flow from financing | 18,858 | 15,056 | 7,160 | 4,071 | 50 | 0 | 320,568 | ||
| cash and cash equivalents | |||||||||
| cash | 128,143 | 155,887 | 134,553 | -48,203 | 59,269 | 115,553 | 36,386 | 43,616 | 89,874 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 128,143 | 155,887 | 134,553 | -48,203 | 59,269 | 115,553 | 36,386 | 43,616 | 89,874 |
mag games limited Credit Report and Business Information
Mag Games Limited Competitor Analysis
Perform a competitor analysis for mag games limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BN1 area or any other competitors across 12 key performance metrics.
mag games limited Ownership
MAG GAMES LIMITED group structure
Mag Games Limited has no subsidiary companies.
Ultimate parent company
MAG INTERACTIVE AB
#0100020
1 parent
MAG GAMES LIMITED
08892692
mag games limited directors
Mag Games Limited currently has 1 director, Mr Daniel Hasselberg serving since Jun 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Hasselberg | England | 51 years | Jun 2015 | - | Director |
P&L
August 2022turnover
1.8m
-6%
operating profit
92.3k
0%
gross margin
36%
-11.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
885k
+0.13%
total assets
1.1m
+0.06%
cash
625.2k
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
mag games limited company details
company number
08892692
Type
Private limited with Share Capital
industry
32409 - Manufacture of games and toys (other than professional and arcade games and toys) n.e.c.
incorporation date
February 2014
age
10
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
delinquent interactive limited (May 2017)
last accounts submitted
August 2022
address
bostel house first floor, 37 west street, brighton, BN1 2RE
accountant
-
auditor
SAFFERY LLP
mag games 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 mag games limited.
mag games limited Companies House Filings - See Documents
| date | description | view/download |
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