Website & contact details
- Website
Magma Global Limited
- Incorporated
- 10 March 2008 (18 years)
- Previously known as
- Einn Limited (until 19 February 2010)Insensys Yacht Masts Limited (until 12 January 2009)
- Industry
- Other manufacturing n.e.c. (32990)
- Directors
- Line Berget
- Accounts type
- Medium
- Region
- South East
- Address
- Magma House Trafalgar WharfHamilton RoadPortsmouthPO6 4PX
Filing status
- Accounts due
- 30 September 2027
- Last accounts
- 31 December 2025
- Conf. stmt due
- 14 December 2026
- Last conf. stmt
- 30 November 2025
Charges
- Total
- 5
- Outstanding
- 2
- Part satisfied
- 0
- Satisfied
- 3
Officers 6 active
Officer details are public data from the Companies House register.
Berget, Line
Director · Appointed 3 November 2025
Norwegian
Born March 1974 (52)
Director · Appointed 25 April 2022
British
Born August 1964 (62)
Mennie, Brenda
Secretary · Appointed 13 October 2021
Director · Appointed 13 October 2021
British
Born March 1967 (59)
Rounce, Justin James
Director · Appointed 27 November 2018
British
Born February 1967 (59)
Director · Appointed 10 March 2008
British
Born May 1960 (66)
Officer history (20 former)
3 November 2025
Appointed Berget, Line as Director
14 June 2022
Resigned Davie, Will as Director
29 April 2022
25 April 2022
13 October 2021
13 October 2021
Appointed Mennie, Brenda as Secretary
13 October 2021
13 October 2021
Resigned Boyd, Michael Andrew, Mr. as Secretary
13 October 2021
Appointed Davie, Will as Director
13 October 2021
13 October 2021
Resigned Van Steenbergen, Dik Jeffrey as Director
13 October 2021
Resigned Landes, Jonathan David as Director
13 October 2021
13 October 2021
13 October 2021
13 October 2021
Resigned Tavner, Charles Alexander as Director
17 November 2020
Appointed Landes, Jonathan David as Director
17 November 2020
Resigned Pieton, Arnaud Eric as Director
20 January 2020
20 January 2020
Appointed Pieton, Arnaud Eric as Director
27 November 2018
Resigned Hasselknippe, Hallvard as Director
27 November 2018
Appointed Rounce, Justin James as Director
23 May 2018
Appointed Tavner, Charles Alexander as Director
1 May 2018
Resigned Hoffmann, Philippe as Director
25 April 2018
23 April 2018
23 April 2018
Appointed Hasselknippe, Hallvard as Director
23 September 2016
28 January 2015
28 January 2015
13 November 2014
15 August 2013
20 December 2012
13 April 2012
Appointed Hoffmann, Philippe as Director
9 November 2010
Resigned Jones, Victoria as Secretary
9 November 2010
Appointed Boyd, Michael Andrew, Mr. as Secretary
28 October 2010
28 October 2010
2 September 2010
Appointed Van Steenbergen, Dik Jeffrey as Director
2 September 2010
10 March 2008
10 March 2008
10 March 2008
10 March 2008
10 March 2008
10 March 2008
Appointed Jones, Victoria as Secretary
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Corporate entity · Notified 13 October 2021
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Private Limited Company
Reg. no. 02424225
Former controllers (1)
18 April 2018
Ceased Azimuth Energy Partners GP Iii LP — Owns 25–50% of shares
Group structure 22 companies
Ownership group derived from the Companies House PSC register
Technip-Coflexip UK Holdings Limited Owns 75–100% of shares
Magma Global Limited This company Owns 75–100% of shares
West Africa Subsea Services Limited Owns 75–100% of shares
Technipfmc Corporate Holdings Limited Owns 75–100% of shares
Technipfmc (Europe) Limited Owns 75–100% of shares
Technipfmc Finance Ulc Owns 75–100% of shares
Technipfmc Finance PLC Owns 75–100% of shares
Technipfmc Group Holdings Limited Owns 75–100% of shares
Technipfmc International Finance Limited Owns 75–100% of shares
FMC Technologies Limited Owns 75–100% of shares
FMC Kongsberg Services Limited Owns 75–100% of shares
Fmc/kos West Africa Limited Owns 75–100% of shares
Technipfmc Island Offshore Subsea UK Limited Owns 75–100% of shares
Technipfmc International UK Limited Owns 75–100% of shares
Technipfmc UK Limited Owns 75–100% of shares
FMC Technologies Pension Plan Limited Owns 75–100% of shares
Technip Offshore Manning Services Limited Owns 75–100% of shares
Technip Services Limited Owns 75–100% of shares
Technip Ships One Limited Owns 75–100% of shares
Technipfmc Umbilicals Ltd Owns 75–100% of shares
Financials
Figures from 2024 accounts. Newer accounts, made up to 31 December 2025, are filed but not read yet. See them on Companies House
- Net Assets
- £6,225,269
- Cash
- £62,232
- Turnover
- £11,513,923
- Profit Before Tax
- (£3,645,990)
- Employees
- 102
- Debt Ratio
- 86%
- Current Ratio
- 0.2x
- Profit Margin
- -32%
- Return on Equity
- -70%
Trend
Turnover
Balance sheet detail
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Fixed Assets | £35,286,644 | £7,480,256 | £9,891,871 | £11,492,169 |
| Current Assets | £8,156,729 | £9,058,801 | £7,974,709 | £9,209,795 |
| Debtors | £6,732,586 | £5,003,317 | £4,632,479 | £2,758,738 |
| Cash | £62,232 | £2,972,572 | £2,654,932 | £5,959,392 |
| Creditors (< 1 year) | £36,683,803 | £5,100,132 | £6,203,061 | £7,731,164 |
| Creditors (> 1 year) | £259,503 | £581,345 | £341,569 | £17,424 |
| Net Current Assets | (£28,527,074) | £3,958,669 | £1,771,648 | £1,478,631 |
| Net Assets | £6,225,269 | £10,582,782 | £11,155,950 | £12,953,376 |
| Shareholder Funds | £6,225,269 | £10,582,782 | £11,155,950 | £12,953,376 |
| Turnover | £11,513,923 | £12,602,641 | £11,501,654 | £10,217,851 |
| Cost of Sales | £6,316,261 | £6,288,868 | £5,692,111 | £4,695,098 |
| Gross Profit | £5,197,662 | £6,313,773 | £5,809,543 | £5,522,753 |
| Admin Expenses | £9,454,264 | £7,331,117 | £7,981,626 | £10,234,638 |
| Staff Costs | £7,189,368 | £6,484,467 | £5,421,682 | £7,894,402 |
| Operating Profit | (£3,700,375) | (£622,940) | (£1,766,526) | (£4,693,559) |
| Profit Before Tax | (£3,645,990) | (£535,361) | (£1,744,427) | (£4,692,788) |
| Tax | £711,523 | £37,807 | £52,999 | (£220,646) |
| Profit for Period | (£4,357,513) | (£573,168) | (£1,797,426) | (£4,472,142) |
Filings 179
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 30 September 2026 | Accounts for a medium company | 31 December 2025 | ||
| 13 August 2026 | Insolvency filing | |||
| 13 August 2026 | Share capital filing | |||
| 13 August 2026 | Statement of capital | |||
| 13 August 2026 | Resolutions |
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