MAGNIT GLOBAL GRI 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

• Turnover

  -20%

  £14,630,586 → £11,697,917

• Cash

  -54.5%

  £20,254,423 → £9,214,017

• Net assets

  +6.1%

  £45,332,133 → £48,074,841

• Employees

  -30%

  80 → 56

• Operating profit

  -15.8%

  £5,468,363 → £4,602,340

• Profit before tax

  -13.7%

  £5,289,025 → £4,564,910

• Wages

  -27.9%

  £3,775,216 → £2,722,466

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

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.

1. MAGNIT GLOBAL GRI LIMITED 2022-10-27 → present
2. GEOMETRIC RESULTS INTERNATIONAL LIMITED 2018-06-19 → 2022-10-27
3. DE POEL UK LIMITED 2015-09-17 → 2018-06-19
4. DE POEL MANAGED SERVICES LIMITED 2003-05-16 → 2015-09-17

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MHA

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. Thus they continue to adopt the going concern basis in preparing the annual financial statements.”

Group structure

1. MAGNIT GLOBAL GRI LIMITED · parent
   1. Tempo Auditing Limited 100% · UK
   2. Salaris Services Limited 100% · UK
   3. Magnit Global Germany III, GmbH 100% · Germany

Significant events

• “Economic uncertainties could reduce our revenues. The results of our operations are affected directly by the level of business activity of our clients, which in turn is affected by the level of economic activity in the industries and markets that they serve.”
• “Significant increase in payroll-related costs could adversely affect the business.”
• “A fixed and floating charge with Citizens Bank, N.A created 1 July 2025. The charge covers all the property or undertaking of the Company and contains a negative pledge.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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