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Magpie Couriers Ltd

11925048

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

29 WATNALL ROAD, NOTTINGHAM, NG15 7LD
Incorporated 04/04/2019

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 03/04/2025

Due 17/04/2026

Overdue

Industry

53202
Unlicensed carriers

Officers

Mrs Heather Wood

director · Since 04/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Malcolm Wood

director · Since 04/04/2019

COURIER

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Malcolm Wood

25–50% shares

British · England · Age 60

29, Watnall Road, Nottingham, NG15 7LD

Notified 04/04/2019

CompanyRankvs 75360+ SIC 53202 peers
27

Financial strength7th percentile among SIC peers · 2/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio -4.14× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 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.

Longevity7/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

-£16k

Current Liabilities

£4k

Fixed Assets

£5k

0avg. employees+2

Balance Sheet

Assets less current liabilities-£11k
Prepared with v2026.1.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
2025-4.14-£3k
2024-1.83-£9k
20230.60-£12k
20220.84-£1k
202130.08+£4k
20200.41

Derived from filed accounts. Not audited figures.