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Two Magpies Bakery (Wells-Next-The-Sea) Ltd

14856216

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

27 MARKET HILL, WOODBRIDGE, IP13 9AN
Incorporated 09/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Stephen James Magnall

director · Since 09/05/2023

MANAGING 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

27, Market Hill, Woodbridge, IP13 9AN

Reg: 16216116 · Register Of Companies · Limited Company

Notified 11/02/2025

Former PSCs

Mr Stephen James Magnall

Ceased 11/02/2025

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

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

LLOYDS BANK PLC

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

CompanyRankvs 3046+ SIC 56102 peers
57

Financial strength96th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Longevity3/15 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

£203k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£143k

Working capital

Current Assets

£958k

Current Liabilities

£815k

Fixed Assets

£78k

Debtors

£951k

12avg. employees-3

Balance Sheet

Assets less current liabilities£222k
Signed by Mr Stephen Magnall 27/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.18+£174k
20240.81

Derived from filed accounts. Not audited figures.