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Other manufacturing n.e.c. · Portsmouth

Magma Global

Magma Global Limited

Turned to net liabilitiesLosses 5 years runningTurnover down 20%Cash down 41%ActiveLatest figures: 2025Filed as a medium-sized companyCompany only18 years on the register

Private limited company registered in Portsmouth, classed under “Other manufacturing n.e.c.”.

Headline figures

FY to Dec 2025 · Company only

Turnover

For subscribers

Profit after tax

−£8.63m

Net assets

For subscribers

Cash

For subscribers

Employees

For subscribers

Retained reserves

For subscribers

What the numbers say

4 findings from the figures, in plain English

Written by rules from the figures on this page. Not a forecast or a credit opinion.

History

Pro
£2021*2022*2023*20242025
Profit after tax−£8.63m
Turnover
Net assets
Cash
Employees
Retained reserves

Every figure for all 5 years

“—” means we did not find the figure in a source; it is never filled with an estimate. * Restated: the next year's accounts printed different figures for this year, and those later figures are shown.

Balance sheet and ratios

From the filed balance sheets · £

Balance sheet2022202320242025
Fixed assets
Current assets
of which debtors
of which cash
Creditors due within a year
Net current assets
Net assets
Ratios
Profit marginProfit after tax as a share of turnover
Return on equityProfit after tax as a share of net assets
Current ratioCurrent assets for every £1 owed within a year
Cash ratioCash for every £1 owed within a year
Creditors to assetsEverything owed to creditors as a share of fixed plus current assets
Turnover per employeeTurnover divided by average staff
Debtor daysDays of turnover owed by customers at the year end

7 balance-sheet lines and 7 ratios, every year

A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.

Timeline

Checked 2026-10-21

  1. Accounts
    Accounts for a medium company made up to 31 December 2025
  2. Shares
    Statement by Directors (and 2 more like it since 19 April 2018)
  3. Shares
    Statement of capital on 13 August 2026 · GBP 1 (and 2 more like it since 19 April 2018)
  4. Notice
    Solvency Statement dated 11/08/26
  5. Filing
    Resolutions (and 12 more like it since 11 October 2017)
  6. Directors
    Director's details changed for Mr Justin Rounce on 10 December 2025
  7. Directors
    Appointment of Ms Line Berget as a director on 3 November 2025
  8. Accounts
    Accounts for a medium company made up to 31 December 2024
  9. Directors
    Director's details changed for Mrs Brenda Janette Mennie on 3 June 2025
  10. Accounts
    Full accounts made up to 31 December 2023
  11. Charges
    All of the property or undertaking has been released from charge 065288200004
  12. Charges
    All of the property or undertaking has been released from charge 065288200005
  13. 26 earlier
    1. Accounts
      Full accounts made up to 31 December 2022
    2. Charges
      Registration of charge 065288200005, created on 23 June 2023
    3. Accounts
      Full accounts made up to 31 December 2021
    4. Directors
      Termination of appointment of Will Davie as a director on 14 June 2022
    5. Charges
      Registration of charge 065288200004, created on 25 May 2022
    6. Charges
      Satisfaction of charge 065288200003 in full
    7. Shares
      Sub-division of shares on 11 May 2022
    8. Filing
      Memorandum and Articles of Association (and 3 more like it since 2 August 2019)
    9. Shares
      Change of share class name or designation (and 2 more like it since 30 April 2018)
    10. Directors
      Director's details changed for Mrs Brenda Janette Mennie on 3 May 2022
    11. Directors
      Appointment of Mrs Brenda Janette Mennie as a director on 25 April 2022
    12. Directors
      Termination of appointment of Aurelia Sylvie Kyra Gorman as a director on 29 April 2022
    13. Address
      Register inspection address has been changed
    14. Directors
      Termination of appointment of Mark Gunnar Bryant as a director on 13 October 2021
    15. Ownership
      Notification of Technip-Coflexip Uk Holdings Limited as a person with significant control on 13 October 2021
    16. Ownership
      Withdrawal of a person with significant control statement on 19 October 2021
    17. Directors
      Appointment of Mr Will Davie as a director on 13 October 2021
    18. Directors
      Appointment of Mrs Helen Urquhart as a director on 13 October 2021
    19. Directors
      Appointment of Ms Aurelia Sylvie Kyra Gorman as a director on 13 October 2021
    20. Directors
      Termination of appointment of Dik Jeffrey Van Steenbergen as a director on 13 October 2021
    21. Directors
      Termination of appointment of Charles Alexander Tavner as a director on 13 October 2021
    22. Directors
      Termination of appointment of Martin Court as a director on 13 October 2021
    23. Directors
      Termination of appointment of Jens Christian Mathiesen as a director on 13 October 2021
    24. Directors
      Termination of appointment of Michael Andrew Boyd as a secretary on 13 October 2021
    25. Directors
      Termination of appointment of Jonas Jonhede as a director on 13 October 2021
    26. Directors
      Termination of appointment of Jonathan David Landes as a director on 13 October 2021

From the Companies House filing history. Routine confirmation statements are left out, and a run of the same filing is shown once.

Questions people ask

›What does Magma Global do?

Private limited company registered in Portsmouth, classed under “Other manufacturing n.e.c.”. In its own words: “At Magma Global our expertise in composite materials, manufacturing & oil field demands has allowed us to develop the most advanced pipe available.”

›How much turnover does Magma Global make?

Answered in the full report

›Is Magma Global profitable?

No: it made a loss after tax of £8.63m in the year to 31 December 2025, its latest filed accounts.

›How many people work at Magma Global?

Answered in the full report

›Who runs and owns Magma Global?

Its directors are Brenda Mennie, Line Berget, Martin Peter William Jones, Brenda Janette Mennie, Justin James Rounce and 1 more. Its owners are shown to subscribers.

›Where is Magma Global based?

Its registered office is Magma House Trafalgar Wharf, Hamilton Road, Portsmouth, PO6 4PX, in Portsmouth.

›When was Magma Global founded?

Magma Global Limited was incorporated on 10 March 2008.

›Is Magma Global still trading?

The register lists Magma Global Limited as active.

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