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Two Magpies Bakery Limited

08142430

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

27 MARKET HILL, WOODBRIDGE, IP13 9AN
Incorporated 13/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Stephen James Magnall

director · Since 23/07/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Persons with Significant Control

Two Magpies Group Limited

75–100% shares
75–100% votes
Appoint directors

Two Magpies Bakery, London Road, Saxmundham, IP17 3QR

Reg: 16216116 · Register Of Comapnies · Limited Company

Notified 11/02/2025

Former PSCs

Ms Rebecca Bishop

Ceased 31/03/2023

Mr Stephen James Magnall

Ceased 11/02/2025

Charges3 outstanding

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outstanding

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outstanding

LLOYDS BANK PLC

Created 12/04/2021Registered 18/04/2021

CompanyRankvs 9431+ SIC 56290 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/01/2025

Net Worth

-£303k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£879k

Working capital

Current Assets

£4.4M

Current Liabilities

£5.3M

Fixed Assets

£869k

Debtors

£4.2M

104avg. employees

Tax at Year End(2020)

Dividends paid£61k

Balance Sheet

Intangible assets£28k
Assets less current liabilities-£10k
Signed by Mr Stephen Magnall 16/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83-£295k
20240.88-£142k
20230.85-£59k
20220.83-£182k
20200.39+£54k
20190.32+£18k
20181.62—

Derived from filed accounts. Not audited figures.