MAGNIFICENT PRODUCTIONS 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

  +377.1%

  £17,664,895 → £84,281,266

  highest in 4 filed years

• Cash

  -100%

  £4,000 → £0

  lowest in 4 filed years

• Net assets

  +53.4%

  £1,243,223 → £1,907,439

  highest in 4 filed years

• Employees

  —

  Not reported

• Operating profit

  +1,208.8%

  -£237,062 → £2,628,541

  highest in 3 filed years

• Profit before tax

  +1,208.8%

  -£237,062 → £2,628,541

  highest in 4 filed years

• Wages

  +6,878.6%

  £34,275 → £2,391,929

  highest in 4 filed years

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 101 (Reduced Disclosure Framework)

Reporting scope

Standalone (parent only)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements disclose all matters relevant to the Company's ability to continue as a going concern including all significant conditions and events. The director has considered the forecasts of the business for a period of 12 months from the date of signing these financial statements and considers it to be a going concern.”

Significant events

• “On 29 November 2023, the UK government issued final legislation to reform the current system of creative industry tax credits to merge the four existing tax reliefs (Film, High-End Television ('HETV'), Children's Television and Animation) into a single mechanism of Audio-Visual Expenditure Credits ('AVEC') and has reviewed the qualifying criteria. The legislation was substantively enacted on 21 February 2024. The new mechanism is one of expenditure credits as opposed to corporate tax relief, requiring a change to the accounting treatment to include them within statutory operating profit rather than within the consolidated tax charge. The Company has elected to claim the new AVEC for all qualifying expenditure incurred from 1 January 2024 as opposed to claiming under the previous HETV tax credit.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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