Two Magpies Food Co Limited
13180869
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/02/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
Persons with Significant Control
Two Magpies Group Limited
Two Magpies Bakery, London Road, Saxmundham, IP17 3QR
Reg: 16216116 · Register Of Companies · Limited Company
Notified 11/02/2025
Former PSCs
Miss Rebecca Bishop
Ceased 31/03/2023
Mr Stephen James Magnall
Ceased 11/02/2025
Charges2 outstanding
LLOYDS BANK PLC
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CompanyRankvs 1026+ SIC 10710 peers52
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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 31/01/2025
Net Worth
£123k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£105k
Working capital
Current Assets
£4.0M
Current Liabilities
£4.1M
Fixed Assets
£284k
Debtors
£4.0M
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.97 | -£39k |
| 2024 | 0.96 | -£5k |
| 2023 | 0.97 | -£5k |
| 2022 | 1.12 | — |
Derived from filed accounts. Not audited figures.