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

14856216

active
ltd
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

27 Market Hill, Framlingham, Woodbridge, IP13 9AN
Incorporated 09/05/2023

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 08/05/2026

Due 22/05/2027

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Stephen James Magnall

director · Since 09/05/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 6 other boards

Stephen James Magnall

director · Since 09/05/2023

British · England · Age 63

Former

Sarah Rachel Healey Pearce

director · Resigned 05/06/2024

Yasmin Bianca Wyatt

director · Resigned 16/12/2025

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

Change History

statusactive
2026-07-26

Active

typeltd
2026-07-26

Private Limited Company

address line127 Market Hill
2026-07-26

27 MARKET HILL

post townWoodbridge
2026-07-26

WOODBRIDGE

officer appointedMAGNALL, Stephen James
2026-07-26

CompanyRankvs 2945+ 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.