MAGICARD LTD

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

  -3.1%

  £20,426,818 → £19,786,557

  lowest in 3 filed years

• Cash

  —

  Not reported

• Net assets

  +6.1%

  £25,905,160 → £27,472,961

  highest in 3 filed years

• Employees

  -10.5%

  76 → 68

  lowest in 3 filed years

• Operating profit

  -54.4%

  £2,390,459 → £1,090,834

  lowest in 3 filed years

• Profit before tax

  -47.8%

  £2,666,336 → £1,392,679

  lowest in 3 filed years

• Wages

  +3.2%

  £2,826,773 → £2,916,284

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis as the directors have prepared detailed budgets for a period of at least 12 months from the date of signing the accounts which show that the Company is able to meet all its liabilities as they fall due. The company benefits from a broad international sales base with a new portfolio of products alongside a large installed base of printers and customers which will continue to be served and produce income for many years. They are also ultimately wholly owned by the Brady Corporation who have a significant cash resources and balance sheet, and the directors have their full support that ensures that the business is well prepared to face future development and changes. Magicard Limited operate a cash sweep up to Brady Corporation, the ultimate parent undertaking. As a result, minimal cash is held at the balance sheet date. Consequently, the directors are satisfied that the accounts are prepared on a going concern basis.”

Significant events

• “Ongoing conflicts, such as the war in Ukraine and tensions in the Middle East, have introduced substantial risks to the global economy. These events have disrupted trade routes, elevated energy prices, and heightened market volatility. The rise of protectionism, including increased trade disputes and the imposition of tariffs and trade barriers - particularly those affecting trade with the United States - is contributing to a more uncertain global trade environment. Persistent inflationary pressures also risk dampening economic growth.”

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

Filings

7

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.