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Magpye Ltd

11420155

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1A VALLUM FARM, NEWCASTLE UPON TYNE, NE18 0LL
Incorporated 18/06/2018

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

On track

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes
56103
Take-away food shops and mobile food stands

Officers

Mr Christopher Michael Fryer

director · Since 18/06/2018

DIRECTOR

BRITISH · ENGLAND · Age 44

Mrs Sarah Maria Fryer

director · Since 18/06/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mrs Sarah Maria Fryer

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 45

35, Weetwood Road, Cramlington, NE23 6HT

Notified 18/06/2018

Mr Christopher Michael Fryer

50–75% shares
50–75% votes
Appoint directors

British · England · Age 44

1a, Vallum Farm, Newcastle Upon Tyne, NE18 0LL

Notified 18/06/2018

Charges2 outstanding

Charge
outstanding

BEF BSC 2 LTD

Created 21/02/2025Registered 24/02/2025
Charge
outstanding

BUSINESS & ENTERPRISE FINANCE (NE) LTD

Created 18/01/2024Registered 18/01/2024

CompanyRankvs 2441+ SIC 10710 peers
24

Financial strength4th percentile among SIC peers · 1/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2441Magpye Ltd
33
How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 pts

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

Liquidity2/20 pts

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

Longevity8/15 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 30/06/2025

Net Worth

-£84k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£18k

Current Liabilities

£48k

Fixed Assets

£18k

2avg. employees

Balance Sheet

Assets less current liabilities-£12k
Signed by Mr Christopher Fryer 5th August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38-£8k
20240.12-£34k
20230.01—
20222.76—
20210.51+£3k
20200.58-£11k

Derived from filed accounts. Not audited figures.