MASCIONIASSOCIATI INTERNATIONAL LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Nunn Hayward LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MASCIONIASSOCIATI INTERNATIONAL LIMITED · parent
   1. MAI Italy SRL 100% · Rome, Italy · Production management
   2. Black Spring Srl 100% · Rome, Italy · Property ownership
   3. MAI Productions Limited 100% · England · Dormant

Significant events

• “The group acquired a new wholly owned subsidiary, Black Spring Srl, on 15 March 2024. This company was formed to hold group property.”
• “On 17 January €500,000 (£422,632.83) was paid by the parent to the subsidiary, increasing its intercompany loan.”
• “As of 1 January 2025 all the trading activity of the group will reside in the subsidiary MAI Italy Srl with the parent becoming a holding company.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -44.5%

  £22,298,095 → £12,382,530

• Cash

  -59.5%

  £6,368,109 → £2,579,990

• Net assets

  -34.6%

  £6,607,385 → £4,320,639

• Employees

  -26.1%

  23 → 17

• Operating profit

  -87%

  £2,442,731 → £318,167

• Profit before tax

  -77.9%

  £2,715,204 → £600,704

• Wages

  -41.9%

  £3,198,040 → £1,856,680

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers