MAGNAGHI UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-13 (in 11mo)
Last made up 2026-03-30
Watchouts
None on the register
Cash
£79K
+405.6% vs 2023
Net assets
£4M
+40.1% vs 2023
Employees
107
+23% vs 2023
Profit before tax
£1M
+440.7% vs 2023
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-03-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £7,343,162 | £9,982,245 | |
| Operating profit | — | — | -£211,399 | £267,882 | |
| Profit before tax | — | — | -£304,545 | £1,037,669 | |
| Net profit | — | — | -£125,539 | £1,037,669 | |
| Cash | — | — | £15,599 | £78,872 | |
| Total assets less current liabilities | — | — | £2,908,181 | £4,813,170 | |
| Net assets | — | — | £2,588,113 | £3,625,782 | |
| Equity | £2,652,017 | £2,713,652 | £2,588,113 | £3,625,782 | |
| Average employees | — | — | 87 | 107 | |
| Wages | — | — | £2,566,886 | £3,262,412 | |
| Directors' remuneration | — | — | £295,653 | £300,881 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+35.9%
£7,343,162 £9,982,245
-
Cash
+405.6%
£15,599 £78,872
-
Net assets
+40.1%
£2,588,113 £3,625,782
-
Employees
+23%
87 107
-
Operating profit
+226.7%
-£211,399 £267,882
-
Profit before tax
+440.7%
-£304,545 £1,037,669
-
Wages
+27.1%
£2,566,886 £3,262,412
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | -2.9% | 2.7% | |
| Net margin | — | — | -1.7% | 10.4% | |
| Return on capital employed | — | — | -7.3% | 5.6% | |
| Gearing (liabilities / total assets) | — | — | 52.0% | 53.6% | |
| Current ratio | — | — | 1.20x | 1.75x | |
| Interest cover | — | — | -2.27x | 2.08x |
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.
Name history
Renamed 4 times since incorporation — the current trading name was adopted 2024-10-01
- MAGNAGHI UK LIMITED 2024-10-01 → present
- NU-PRO LIMITED 2010-03-05 → 2024-10-01
- NU-PRO SURFACE TREATMENTS LIMITED 1999-03-04 → 2010-03-05
- BI PROCESSES LIMITED 1998-06-08 → 1999-03-04
- INGLEBY (1094) LIMITED 1998-04-14 → 1998-06-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- ML Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “On 30 September 2024, the company acquired the fixed assets, stock and work in progress of a fellow subsidiary, Stanmar Limited. The net balance owed to Stanmar Limited has subsequently been written off to the profit and loss account as it was no longer payable.”
- “The company's premises is located on what is believed to be contaminated land. The expected cost of decontamination is £1.14m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLIMENT, Peter | Secretary | 2003-12-19 | — | British |
| BAILEY, Jason Marcus James | Director | 1998-06-01 | Aug 1964 | British |
| DE BENEDICTIS, Alberto | Director | 2022-07-19 | May 1952 | Italian |
| GIANI, Jean-Paul, Dr. | Director | 2022-07-19 | Sep 1965 | French |
| WILLIMENT, Peter | Director | 2005-06-01 | Dec 1970 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLEY, Ian | Secretary | 2000-11-01 | 2003-12-19 |
| HARDY, Paul James | Secretary | 1999-02-19 | 1999-04-23 |
| MCCARNEY, Paul Reid | Secretary | 1999-12-21 | 2000-11-01 |
| WAIN, Stephen Gerrard | Secretary | 1998-05-28 | 1999-02-19 |
| WOOD, John Hadfield | Secretary | 1999-04-23 | 1999-12-21 |
| INGLEBY NOMINEES LIMITED | Corporate Nominee Secretary | 1998-04-14 | 1998-05-28 |
| COLEY, Ian | Director | 2003-09-30 | 2003-12-19 |
| FLETCHER, Alan Thomas | Director | 2003-12-19 | 2004-01-28 |
| FORSYTH, John Anderson | Director | 2004-01-28 | 2008-11-21 |
| HARDY, Paul James | Director | 2003-12-19 | 2004-04-28 |
| HARDY, Paul James | Director | 1998-06-01 | 2003-09-30 |
| HAYES, Stephen Hedley | Director | 1998-05-28 | 1999-02-19 |
| IANNOTTI, Giorgio | Director | 2022-07-19 | 2025-09-30 |
| ILLIANO, Anna | Director | 2023-04-01 | 2026-03-29 |
| MACPHERSON, Duncan Campbell Neil | Director | 1998-06-01 | 1999-02-19 |
| MOORE, Brian Stanley | Director | 1999-04-23 | 2003-06-11 |
| WAIN, Stephen Gerrard | Director | 1998-05-28 | 1999-02-19 |
| WOOD, John Hadfield | Director | 1998-06-01 | 1999-12-21 |
| INGLEBY HOLDINGS LIMITED | Corporate Nominee Director | 1998-04-14 | 1998-05-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Magnaghi (Uk) Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-22 | Active |
| Five Valleys Aerospace Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2016-06-30 | Ceased 2016-06-30 |
| Five Valleys Aerospace Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-12-22 |
Filing timeline
Last 20 of 153 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-01 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-31 | CH03 | officers | Change person secretary company with change date | |
| 2025-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-02 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-18 | AD03 | address | Move registers to sail company with new address | |
| 2024-12-18 | AD02 | address | Change sail address company with new address | |
| 2024-10-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-07-29 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-04 | AA | accounts | Accounts with accounts type full | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-12-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-09-23 | AA01 | accounts | Change account reference date company current shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.