Magna Specialist Confectioners Limited
- Large
- Holding
- Active
- 53 years
- 514 employees
- £37,763,061 (assets)
- £152,112,664 (revenue)
- Real address
- 6 directors
- 5 owners
- Regular importer
- Regular exporter
- Rating 4.0 (256)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Magna Specialist Confectioners Limited, based in Telford, UK, is a large, holding company with an active status. Established 53 years ago in 1972, the company employs 514 people and holds assets worth £37.76 million. Annual revenue reached £152.12 million. With six directors and five owners, the company has a solid 4.0-star rating on Google based on 256 reviews. It regularly imports machinery and parts and exports cocoa products.
The company operates as a manufacturer of chocolate confectionery, supplying global brands and investing over £10 million annually in its factory. Its website highlights a focus on technical solutions and progressive factory development. It’s a sizeable operation, meeting two of the three criteria to be considered large: turnover exceeding £36 million and a balance sheet total over £18 million, as well as having more than 250 employees.
Financially, Magna Specialist Confectioners Limited shows some interesting trends. Current assets have increased by 13% to £38 million, while net assets have decreased by 16% to £36 million. Bank borrowings have increased significantly by 91% to £18 million, and cash reserves have decreased by 98% to £77,000. Creditors have increased by 21%, which could indicate expanding operations or increased reliance on short-term financing. The company’s revenue has increased by 24% to £150 million, which is a positive sign.
The company’s auditor is Fraser Russell Limited. It’s worth noting that the company is not paying much in taxes, with a current tax for period of £1.1 million. The company’s research and development expenses have increased by 4.3% to £220,000. Overall, Magna Specialist Confectioners Limited appears to be a stable, established player in the confectionery industry, though the decrease in cash reserves and increase in bank borrowings warrants monitoring.
Registered in England/Wales under the registration number 01050340, with a registered address at TF3 3BH, Telford, Shropshire, Magna House, Stafford Park 3.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 8 months
- 50%+
-
Resident of United Kingdom
-
Corporate
- Alice Rebecca Mchale
- 5 years
- psc
-
Resident of United Kingdom
-
Corporate
- Philip Thomas Mchale
- 5 years
- psc
-
Resident of United Kingdom
-
Corporate
- Robert Benjamin Foskett
- 5 years
- psc
-
Resident of United Kingdom
-
Individual
- 9 years
- psc
-
Resident of United Kingdom
Managers
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- 18 years
- 1
-
Resident of United Kingdom
-
Individual
- 22 years
- 5
-
Resident of United Kingdom
-
Individual
- 22 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven days ago.
Last news
-
Confirmation statement made on 2025-05-21 with no updatesDownload 3 pages pdf report
-
Full accounts made up to 2024-04-30Download 44 pages pdf report
-
Notification of Blackladies Investments Limited as a person with significant control on 2024-09-24Download 4 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Magna Specialist Confectioners Limited
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