MAGNITE LIMITED
Get an alert when MAGNITE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£7.4M
+20.4% highest in 3 filed years
Net assets
£27M
+36.1% highest in 3 filed years
Employees
129
-5.1% lowest in 3 filed years
Profit before tax
£2.2M
+9.2% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £20,816,635 | £24,898,516 | £24,206,439 | -2.8% | |
| Operating profit | £1,605,368 | £1,933,612 | £2,029,355 | +5% | |
| Profit before tax | £1,604,618 | £2,041,076 | £2,227,851 | +9.2% | |
| Net profit | £1,264,240 | £1,244,807 | £2,635,163 | +111.7% | |
| Cash | £5,187,520 | £6,167,271 | £7,426,780 | +20.4% | |
| Total assets less current liabilities | £14,092,083 | £20,371,665 | £27,294,004 | +34% | |
| Net assets | £13,784,528 | £19,815,754 | £26,960,442 | +36.1% | |
| Equity | £13,784,528 | £19,815,754 | £26,960,442 | +36.1% | |
| Average employees | 132 | 136 | 129 | -5.1% | |
| Wages | £9,987,190 | £11,722,923 | £11,379,229 | -2.9% | |
| Directors' remuneration | £646,618 | £576,405 | £622,746 | +8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 7.7% | 7.8% | 8.4% | |
| Net margin | 6.1% | 5.0% | 10.9% | |
| Return on capital employed | 11.4% | 9.5% | 7.4% | |
| Current ratio | — | 8.77x | 14.12x | |
| Interest cover | — | 99.21x | 36.29x |
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 1 time since incorporation
- MAGNITE LIMITED 2020-08-16 → present
- THE RUBICON PROJECT LTD 2009-06-02 → 2020-08-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a 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 months from the date these financial statements were approved. In making that assessment, the directors have considered a letter of financial support received from the immediate parent of the company. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Consumers are rapidly shifting their viewing habits towards digital mediums and as digital content consumption continues to thrive, the group believes the percentage of advertising dollars spent through digital channels will continue to grow. This creates significant opportunities for the group and company through continuing to create value for clients by delivering high customer service.”
- “Following the acquisition of Telaria Inc. by Magnite Inc. and the acquisition of SpotX Inc., Magnite believes that they are the world's largest independent omni-channel sell-side advertising platform ("SSP").”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAYLOR WESSING SECRETARIES LIMITED | Corporate Secretary | 2009-06-02 | — | — |
| GEPHART, Brian Lee | Director | 2024-09-20 | Oct 1978 | American |
| NIX, Meaghan | Director | 2015-10-12 | Mar 1972 | British,American |
| PECHACEK, Natalie Hera | Director | 2013-05-14 | Sep 1964 | American |
| TAWIL, Elie Joseph | Director | 2024-09-20 | Dec 1987 | American |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURKE, Paul Simon | Director | 2009-06-02 | 2009-06-03 |
| COPPLE, Brian | Director | 2015-04-07 | 2018-06-28 |
| DAY, David Lavelle | Director | 2013-05-08 | 2024-09-20 |
| FELDMAN, Jonathan | Director | 2018-09-01 | 2020-06-12 |
| ROAH, Craig | Director | 2009-06-03 | 2012-10-19 |
| SALTZ, Aaron Joseph | Director | 2020-06-12 | 2024-09-20 |
| SZELISKI, Victoria Von | Director | 2012-09-21 | 2013-05-08 |
| WELCH, Seizo | Director | 2012-11-01 | 2013-05-08 |
| HUNTSMOOR LIMITED | Corporate Director | 2009-06-02 | 2009-06-03 |
| HUNTSMOOR NOMINEES LIMITED | Corporate Director | 2009-06-02 | 2009-06-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Magnite Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 75 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-06-19 | CH01 | officers | Change person director company with change date | |
| 2024-01-10 | AA | accounts | Accounts with accounts type full | |
| 2023-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.