MAGPIE SOLUTIONS LTD

Company number 05829449 · Active

MAGPIE SOLUTIONS LTD is a private limited company registered in BRENTWOOD, United Kingdom, incorporated on 25 May 2006. Its registered activity is freight transport by road. Its latest published accounts for the period ending 31 May 2025 show equity of £371k, total assets of £599k. It has filed 5 sets of accounts. Our model estimates a 0.60 % probability that it becomes insolvent within 12 months, 5.2 times the average for active companies (very high risk).

Insolvency risk, next 12 months

0.60 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in the United Kingdom. 5.2× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Equity (signed log)2.0×≥ 5.52268 · 0.24 % became insolvent

Lowers the risk

Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Cash ÷ assets0.9×0.578498–0.951833 · 0.10 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05829449 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
25 May 2006 (20 years)
Registered address
CM14 4BA BRENTWOOD
Postcode area
Chelmsford
Activity
49410 Freight transport by road
Industry
Land transport
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Nov 2025– –£371k£599k £209k£472k8
31 May 202415 Aug 2024– –£288k£596k £295k£506k7
31 May 202215 Oct 2022– –£1.6m£1.9m £249k£1.2m9
31 May 202115 Jan 2022– –£1.3m£1.6m £277k£1.0m10
31 May 202015 Sep 2020– –£903k£1.1m £195k£496k9

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Chelmsford

Questions about MAGPIE SOLUTIONS LTD

What is the company number of MAGPIE SOLUTIONS LTD?

MAGPIE SOLUTIONS LTD is registered under company number 05829449 in the official register of United Kingdom. View it at the official register.

Is MAGPIE SOLUTIONS LTD still active?

Yes. MAGPIE SOLUTIONS LTD is registered as active (status: Active).

Has MAGPIE SOLUTIONS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MAGPIE SOLUTIONS LTD in the official data.

How likely is MAGPIE SOLUTIONS LTD to become insolvent?

Our model estimates a 0.60 % probability that MAGPIE SOLUTIONS LTD becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in the United Kingdom.

When was MAGPIE SOLUTIONS LTD founded?

MAGPIE SOLUTIONS LTD was incorporated on 25 May 2006.

Where is MAGPIE SOLUTIONS LTD registered?

MAGPIE SOLUTIONS LTD's registered address is in CM14 4BA BRENTWOOD (Chelmsford), United Kingdom.

What do the latest accounts of MAGPIE SOLUTIONS LTD show?

The latest published accounts (period ending 31 May 2025) show equity of £371k, total assets of £599k, 8 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.