MAGPIE RECYCLING CO-OPERATIVE LIMITED Financials
- Company number
- 02682656CopyCopy
- Registered office
- Saunders Park View Depot, Lewes Road, Brighton, East Sussex BN2 4AY
- Incorporated
- 30/01/1992
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-66.31%vs 20232023: £46.40K
Total Assets
-17.95%vs 20232023: £64.36K
Cash in Bank
-14.94%vs 20212021: £86.05K
Total Liabilities
106.93%vs 20232023: £17.97K
Employees
0vs 20232023: 10
In 2024, MAGPIE RECYCLING CO-OPERATIVE LIMITED reported net assets of £15.63K. The same filing shows total assets of £52.81K, cash in bank of £73.20K and total liabilities of £37.18K. Reported headcount was 10 in 2024. Net Assets fell from £46.40K in 2023 to £15.63K in 2024 (-66.31%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-66.31%from £46.40K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MAGPIE RECYCLING CO-OPERATIVE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-73%vs 2022-48.1% a year compound (CAGR)
Total Assets
-43.5%vs 2022-24.8% a year compound (CAGR)
Total Liabilities
+13.1%vs 2022+6.4% a year compound (CAGR)
Employees
-50%vs 2022-10Biggest increase
Total Liabilities+13.1%
£32.87K in 2022 to £37.18K in 2024
Biggest decrease
Net Assets-73%
£57.98K in 2022 to £15.63K in 2024
MAGPIE RECYCLING CO-OPERATIVE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGPIE RECYCLING CO-OPERATIVE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 29.60%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 70.40%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 222.70%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 78.36%2022
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MAGPIE RECYCLING CO-OPERATIVE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 75.27K | 57.98K | 46.40K | 15.63K |
| Total Assets£ | 107.19K | 93.42K | 64.36K | 52.81K |
| Cash in Bank£ | 86.05K | 73.20K | – | – |
| Total Liabilities£ | 31.92K | 32.87K | 17.97K | 37.18K |
| Employees | 19 | 20 | 10 | 10 |
MAGPIE RECYCLING CO-OPERATIVE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MAGPIE RECYCLING CO-OPERATIVE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MAGPIE RECYCLING CO-OPERATIVE LIMITED reported net assets of £15.63K for 2024. That compares with £46.40K in 2023, a change of -66.31%.
MAGPIE RECYCLING CO-OPERATIVE LIMITED reported total assets of £52.81K for 2024. That compares with £64.36K in 2023, a change of -17.95%.
MAGPIE RECYCLING CO-OPERATIVE LIMITED reported cash in bank of £73.20K for 2022. That compares with £86.05K in 2021, a change of -14.94%.
MAGPIE RECYCLING CO-OPERATIVE LIMITED reported 10 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, MAGPIE RECYCLING CO-OPERATIVE LIMITED's net assets fell by 73%, total assets fell by 43.5%, total liabilities rose by 13.1% and employee numbers fell by 50%. Net assets contracted at 48.1% a year across the two years to 2024, from £57.98K to £15.63K. Reported headcount went from 20 in 2022 to 10 in 2024 (-10).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.