MAGEN FINANCIAL LLP
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-19
Overdue
Watchouts
Cash
£78K
-57.6% vs 2023
Net assets
£1M
+33.3% vs 2023
Employees
6
+20% highest in 4 filed years
Profit before tax
—
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-19.
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Cash
4-year trend · vs Unclassified median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £1,467,159 | £3,211,192 | |
| Operating profit | — | — | £69,851 | £1,680,839 | |
| Profit before tax | — | — | — | — | |
| Net profit | — | -£64,682 | £69,851 | £1,680,839 | |
| Cash | — | — | £183,204 | £77,653 | |
| Total assets less current liabilities | — | — | £804,812 | £1,072,538 | |
| Net assets | — | — | — | — | |
| Equity | — | — | £804,812 | £1,072,538 | |
| Average employees | 1 | 2 | 5 | 6 | |
| Wages | — | — | £829,281 | £651,924 | |
| Directors' remuneration | — | — | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+118.9%
£1,467,159 £3,211,192
-
Cash
-57.6%
£183,204 £77,653
-
Net assets
—
Not reported
-
Employees
+20%
5 6
highest in 4 filed years
-
Operating profit
+2,306.3%
£69,851 £1,680,839
-
Wages
-21.4%
£829,281 £651,924
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 4.8% | 52.3% | |
| Net margin | — | — | 4.8% | 52.3% | |
| Return on capital employed | — | — | 8.7% | 156.7% | |
| Current ratio | — | — | 14.55x | 12.85x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Qualified
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the limited liability partnership's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAGEN INVESTMENTS LIMITED | Corporate Llp Designated Member | 2021-05-06 | — | — |
| MAGEN PARTNERS LIMITED | Corporate Llp Designated Member | 2021-05-06 | — | — |
| GEORGE, Nicholas James | Llp Member | 2022-11-01 | Jan 1978 | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Magen Partners Limited | Corporate entity | voting-rights-75-to-100-percent-limited-liability-partnership, right-to-share-surplus-assets-75-to-100-percent-limited-liability-partnership | 2021-05-06 | Active |
Filing timeline
Last 12 of 12 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-13 LLDE01 Change of status limited liability partnership
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-03 | AA | accounts | Accounts with accounts type full | |
| 2025-05-19 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-09 | AA | accounts | Accounts with accounts type full | |
| 2024-05-09 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-06 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2023-09-28 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-05-13 | LLDE01 | change-of-name | Change of status limited liability partnership | |
| 2023-05-05 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-16 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-05-18 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-04 | LLAA01 | accounts | Change account reference date limited liability partnership previous shortened | |
| 2021-05-06 | LLIN01 | incorporation | Incorporation limited liability partnership |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.