Magpie Security Limited
04566564
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/10/2002
DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 10 other boards
Persons with Significant Control
Mr Richard Bailey
British · United Kingdom · Age 67
Suites 48-49 Autumn Park Business Centre, Dysart Road, Grantham, NG31 7EU
Notified 20/04/2026
Former PSCs
Mr Richard Bailey
Ceased 20/04/2026
Charges1 outstanding
PSG SSAS TRUSTEES LIMITED (PSGSAT) AS TRUSTEES OF THE HUB PROPERTY UNIT TRUST · PSG SIPP TRUSTEES LIMITED (PSGSIT) AS TRUSTEES OF THE HUB PROPERTY UNIT TRUST
CompanyRankvs 277+ SIC 80100 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£1.0M
Balance sheet strength
Cash
£504k
Cash in the bank
Net Current Assets
£487k
Working capital
Current Assets
£1.4M
Current Liabilities
£869k
Fixed Assets
£598k
Debtors
£815k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.56 | -£383k |
| 2024 | 1.96 | -£141k |
| 2023 | 3.53 | +£343k |
| 2022 | 1.88 | +£90k |
| 2021 | 2.83 | -£222k |
| 2020 | 3.84 | +£280k |
| 2019 | 3.24 | — |
Derived from filed accounts. Not audited figures.