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Two Magpies Bakery (Southwold) Limited

13356418

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

27 MARKET HILL, WOODBRIDGE, IP13 9AN
Incorporated 26/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes
56102
Unlicensed restaurants and cafes

Officers

Mr Stephen James Magnall

director · Since 26/04/2021

BAKER

BRITISH · ENGLAND · Age 62

Also on 1 other board

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 Companies · Limited Company

Notified 11/02/2025

Former PSCs

Miss Rebecca Bishop

Ceased 31/03/2023

Mr Stephen James Magnall

Ceased 11/02/2025

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/01/2026Registered 09/02/2026
Charge
outstanding

LLOYDS BANK PLC

Created 12/01/2022Registered 14/01/2022
Charge
outstanding

LLOYDS BANK PLC

Created 10/01/2022Registered 10/01/2022

CompanyRankvs 654+ SIC 10710 peers
57

Financial strength86th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

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

Longevity5/15 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

£130k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.6M

Fixed Assets

£19k

Debtors

£1.7M

16avg. employees+4

Tax at Year End(2022)

Corp tax£4k

Balance Sheet

Assets less current liabilities£134k
Signed by Mr Stephen Magnall 27/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.07+£84k
20241.02-£14k
20231.05+£4k
20221.11

Derived from filed accounts. Not audited figures.