Cash

£228K

-59.3% vs 2023

Net assets

£10M

+12.9% vs 2023

Employees

0

-100% vs 2023

Profit before tax

£962K

+20% vs 2023

Profile

Company number
03426103
Status
Active
Incorporation
1997-08-28
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62012
Hubs
UK AI & Enterprise SaaS

Net assets

8-year trend · vs UK AI & Enterprise SaaS median

£0£10m£20m20192019202020212022202320232024
MAGNITUDE SOFTWARE UK LIMITED

Accounts

8-year trend · latest 2024-12-31

Metric Trend 2019-01-012019-12-312020-12-312021-12-312022-12-312023-01-012023-12-312024-12-31
Turnover £2,291,186£1,414,199
Operating profit £793,787£737,667
Profit before tax £801,877£962,207
Net profit £1,519,026£515,861£1,188,092
Cash £259,731£138,371£135,144£615,605£561,206£228,200
Total assets less current liabilities £4,972,991£6,242,858£7,495,373£8,716,512£9,256,951£10,420,465
Net assets £4,752,330£6,138,378£7,489,413£8,716,512£9,232,373£10,420,465
Equity £3,233,304£4,752,330£6,138,378£7,489,413£8,716,512£8,716,512£9,232,373£10,420,465
Average employees 10166620
Wages £102,654£6,840

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Grant Thornton
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors believe that the Company's sales growth trajectory, its cash levels and its ability to control its operating costs puts the Company in a good position to manage its business risks successfully. This, together with the letter of support from the ultimate parent company, confirms that there is a commitment at the group level to continue to support the Company. Due to this, the directors have reasonable expectation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve (12) months from the date these financial statements were approved.”

Significant events

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

2 active · 40 resigned

Name Role Appointed Born Nationality
DILLON, Edward John Director 2024-11-08 Jan 1968 American
LIEPE, John-Henry Fredrik Director 2023-01-23 Jan 1974 British
Show 40 resigned officers
Name Role Appointed Resigned
HAYLER, Andrew David Secretary 2004-03-31 2006-07-31
HILL, Michael Douglas Secretary 2013-10-11 2015-09-01
LANDAU, Michael Lindsay Secretary 2002-08-16 2004-03-31
NEVINS, Joan Maria Secretary 2006-07-31 2013-10-11
NEY, Christopher Secretary 2014-09-23 2014-09-23
LONDON LAW SECRETARIAL LIMITED Corporate Nominee Secretary 1997-08-28 1997-12-11
OAKWOOD CORPORATE SECRETARY LIMITED Corporate Secretary 2018-01-23 2023-01-20
SHELL CORPORATE SECRETARY LIMITED Corporate Secretary 1997-12-11 2002-08-16
TAYLOR WESSING SECRETARIES LIMITED Corporate Secretary 2015-09-01 2017-10-31
BARROWS, Timothy Director 2004-08-10 2013-10-11
CALLINAN, Nicholas Bernard Director 2001-10-31 2003-02-13
CARRUTH, Richard Arthur Director 2002-10-10 2003-06-19
COELHO, George Arjun Director 2003-06-19 2008-06-01
COVE, Paul Director 1997-12-11 2001-02-16
FAGNAN, Jeff Lyle Director 2012-01-01 2013-10-11
FOY, James Dale Director 2004-10-19 2013-04-25
GRIST, Stephen Director 1997-12-11 2001-02-16
GURLEY, Richard Brian Director 2020-11-19 2022-03-17
HARTGRING, Bart Hendrick Director 2001-12-07 2002-04-30
HAYLER, Andrew David Director 2004-01-28 2006-07-31
HAYLER, Andrew David Director 2001-02-06 2003-06-19
HEWITT, William M Director 2006-06-12 2013-10-11
LORTON, Renee, Ms. Director 2013-06-10 2013-10-11
MATHER, Harold Clive Director 2001-02-06 2003-06-19
MCDONALD, John Thomas, Mr. Director 2013-10-11 2014-09-23
MISCHNICK, Kevin Director 2016-06-02 2018-09-24
MOORE, Douglas Director 2015-02-23 2015-08-13
NEY, Christopher Director 2014-09-23 2021-01-06
POTTER, Robert Joseph Director 2003-07-28 2006-02-15
PYMAN, Mark Alastair Frank Director 2001-02-06 2001-11-16
SHOREMAN, Jeffrey Dirk Director 2021-01-06 2022-03-17
SKANSI, Timothy Director 2015-08-13 2016-05-02
SMITSKAMP, Gerrit Jan Director 2001-02-06 2001-12-31
SPRAY, Christopher Julian Director 2003-06-19 2012-01-01
STRENG, Chris Director 2002-01-02 2002-10-10
THORBECKE, Fredrik Jan Director 2019-08-01 2020-11-19
TRIANDIFLOU, James Director 2022-03-17 2023-01-23
VOSER, Peter Robert Director 2001-02-06 2001-12-31
WOODWORTH, David Michael Director 2022-03-17 2024-11-08
LONDON LAW SERVICES LIMITED Corporate Nominee Director 1997-08-28 1997-12-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Christopher Ney Individual Voting 25–50% 2019-05-02 Ceased 2019-05-02
Geoffrey S Rehnert Individual Significant influence 2016-04-06 Ceased 2019-05-02
Marc B Wolpow Individual Significant influence 2016-04-06 Ceased 2019-05-02

Filing timeline

Last 20 of 217 total filings

Date Type Category Description
2026-05-06 CS01 confirmation-statement confirmation statement with updates
2025-09-23 AA accounts accounts with accounts type full
2025-04-03 CS01 confirmation-statement confirmation statement with no updates
2025-03-24 TM01 officers termination director company with name termination date
2025-03-24 AP01 officers appoint person director company with name date
2024-10-12 AA accounts accounts with accounts type small
2024-04-17 CS01 confirmation-statement confirmation statement with no updates
2024-01-12 AD01 address change registered office address company with date old address new address
2023-12-06 AA accounts accounts with accounts type small
2023-09-05 AD01 address change registered office address company with date old address new address
2023-05-22 CS01 confirmation-statement confirmation statement with no updates
2023-05-19 AP01 officers appoint person director company with name date
2023-05-19 TM01 officers termination director company with name termination date
2023-02-01 AA accounts accounts with accounts type small
2023-01-20 TM02 officers termination secretary company with name termination date
2022-05-05 CS01 confirmation-statement confirmation statement with no updates
2022-05-03 AP01 officers appoint person director company with name date
2022-04-14 RP04AP01 officers second filing of director appointment with name
2022-03-29 AP01 officers appoint person director company with name date
2022-03-29 TM01 officers termination director company with name termination date

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires total assets — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page