MAGPIE TAXATION LIMITED Financials
- Company number
- 07599851Copy
Copy - Registered office
- 1 Brook House, Ashford Road, Maidstone, Kent ME14 5PP
- Incorporated
- 11/04/2011
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.16K%vs 20232023: £402.00
Total Assets
20.02%vs 20232023: £29.18K
Cash in Bank
-99.81%vs 20232023: £11.47K
Total Liabilities
36.53%vs 20232023: £28.78K
Employees
-1vs 20232023: 5
In 2024, MAGPIE TAXATION LIMITED reported net assets of £-4.27K. The same filing shows total assets of £35.03K, cash in bank of £22.00 and total liabilities of £39.30K. Reported headcount was 4 in 2024. Cash in Bank fell from £11.47K in 2023 to £22.00 in 2024 (-99.81%). 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
-1.16K%from £402.00 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 TAXATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-99.7%vs 2022-94.4% a year compound (CAGR)
Total Assets
+83.9%vs 2022+35.6% a year compound (CAGR)
Total Liabilities
+75.3%vs 2022+32.4% a year compound (CAGR)
Employees
-20%vs 2022-1Biggest increase
Total Assets+83.9%
£19.05K in 2022 to £35.03K in 2024
Biggest decrease
Cash in Bank-99.7%
£7.00K in 2022 to £22.00 in 2024
MAGPIE TAXATION LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAGPIE TAXATION 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
- -12.19%2024
- Liabilities to total assets
- 112.19%2024
- Cash to liabilities
- 0.06%2024
- Cash to total assets
- 0.06%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 TAXATION 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£ | -904.00 | -3.37K | 402.00 | -4.27K |
| Total Assets£ | 25.96K | 19.05K | 29.18K | 35.03K |
| Cash in Bank£ | 11.72K | 7.00K | 11.47K | 22.00 |
| Total Liabilities£ | 24.87K | 22.42K | 28.78K | 39.30K |
| Employees | 5 | 5 | 5 | 4 |
MAGPIE TAXATION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MAGPIE TAXATION LIMITED filed financial statements?
Yes. Okredo holds filed figures for MAGPIE TAXATION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MAGPIE TAXATION LIMITED report in 2024?
MAGPIE TAXATION LIMITED reported net assets of £-4.27K for 2024. That compares with £402.00 in 2023, a change of -1.16K%.
What total assets did MAGPIE TAXATION LIMITED report in 2024?
MAGPIE TAXATION LIMITED reported total assets of £35.03K for 2024. That compares with £29.18K in 2023, a change of 20.02%.
What cash in bank did MAGPIE TAXATION LIMITED report in 2024?
MAGPIE TAXATION LIMITED reported cash in bank of £22.00 for 2024. That compares with £11.47K in 2023, a change of -99.81%.
How many people does MAGPIE TAXATION LIMITED employ?
MAGPIE TAXATION LIMITED reported 4 employees in 2024, compared with 5 in 2023.
How have MAGPIE TAXATION LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MAGPIE TAXATION LIMITED's cash in bank fell by 99.7%, total assets rose by 83.9%, total liabilities rose by 75.3% and employee numbers fell by 20%. Cash in bank contracted at 94.4% a year across the two years to 2024, from £7.00K to £22.00. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).
Which years of MAGPIE TAXATION LIMITED financial data are available?
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.