Magnum Photos Limited

Magnum Photos Ltd, a small, active company based in London, UK, has been operating for 39 years. Founded in 1985, it employs 20 people and holds assets worth £307,208. With a real address and two directors (though no officially reported owners), the company regularly imports art and antiques (for 5 months) and exports printed materials like books and pictures (for 8 months).

The company operates within the photographic activities not elsewhere classified industries. It's considered a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The directors list was changed one month ago, which is a good sign.

A review of the company’s financial data reveals some interesting trends. Accumulated amortisation for computer software increased by 26%, while depreciation for long leasehold assets, land, and buildings rose by 5.6%. Cash bank on hand decreased significantly, dropping 54% to £57,000. Creditors increased by a substantial 9.4%, and other creditors doubled, suggesting a reliance on external funding. Equity also declined, falling 21% to -£6.6 million. Despite this, trade debtors decreased, potentially indicating improved collection efforts.

The company's website showcases a diverse range of activities beyond its core photographic business. It features stories, archives, workshops, and a shop selling fine prints and signed editions. It also offers image licensing and partnerships, and even hosts traveling exhibitions. The site’s emphasis on visual storytelling and educational resources suggests a commitment to both artistic expression and community engagement. The company’s financial performance, while showing some challenges, appears to be supported by a strong brand reputation and a diversified range of revenue streams.

Registered in England/Wales under the registration number 01932412, with a registered address at EC1V 3RS, London, Ground Floor, 63 Gee Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.