MAGNIT GLOBAL UK WFQ 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

  -2.9%

  £4,218,587 → £4,096,872

• Cash

  +6.8%

  £323,914 → £345,927

  highest in 5 filed years

• Net assets

  -0.3%

  -£3,073,919 → -£3,083,321

• Employees

  -14.3%

  7 → 6

  lowest in 5 filed years

• Profit before tax

  +78.5%

  -£248,117 → -£53,299

• Wages

  -8.3%

  £3,519,921 → £3,226,839

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. MAGNIT GLOBAL UK WFQ LIMITED 2022-11-02 → present
2. ZEROCHAOS (EUROPE) LIMITED 2009-11-03 → 2022-11-02
3. ZEROCHAOS (UK) LIMITED 2006-06-14 → 2009-11-03

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. The ultimate parent, Select Parent Inc, will provide financial support to the Company for at least 12 months from the date of these financial statements. Thus they continue to adopt the going concern basis in preparing the annual financial statements.”

Group structure

1. MAGNIT GLOBAL UK WFQ LIMITED · parent
   1. Magnit Global Germany II, GmbH 100% · Contractor management services
   2. Magnit Global Mexico, S.de R.L de C.V. 99% · Contractor management services

Significant events

• “A fixed and floating charge with Citizens Bank, N.A. created 20 October 2021. The charge covers all the property or undertaking of the company and contains a negative pledge.”
• “A fixed and floating charge with US Bank National Association created 20 October 2021. The charge covers all the property or undertaking of the company and contains a negative pledge.”
• “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

6

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.