Magpie UK Bidco Limited
Activities of other holding companies n.e.c. · Billingham
ActiveUnited KingdomIncorporated 2023Private Limited Company
Financial position
Accounts to 2025-03-31 · GBP · Company accounts
Net assets
−£10,877,000
Cash
£547,000
Turnover
—
Profit / loss
−£4,520,000
Current assets
£52,220,000
Creditors < 1 year
£35,525,000
Equity
−£10,877,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-03-31Company · AI-read | 2024-03-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£10,877,000 | −£6,357,000 |
| Equity | −£10,877,000 | −£6,357,000 |
| Retained earnings | −£10,877,000 | −£6,357,000 |
| Assets | ||
| Fixed assets | £15,546,000 | £14,887,000 |
| Current assets | £52,220,000 | £45,517,000 |
| Cash at bank | £547,000 | £1,000 |
| Debtors | £51,673,000 | £45,516,000 |
| Liabilities | ||
| Creditors within one year | £35,525,000 | £24,642,000 |
| Net current assets | £16,695,000 | £20,875,000 |
| Profit & loss | ||
| Operating profit | −£1,824,000 | −£3,987,000 |
| Interest receivable | £4,085,000 | £669,000 |
| Interest payable | £6,060,000 | £4,161,000 |
| Profit before tax | −£3,799,000 | −£7,479,000 |
| Tax | −£721,000 | −£1,122,000 |
| Profit / loss | −£4,520,000 | −£6,357,000 |
| People & pay | ||
| Staff costs | £0 | £0 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-03-31 say about themselves, read by AI from the scanned filing.
- Audit
- Subsidiary audit exemption, parent guarantee (s479A)
- Immediate parent
- Magpie Midco 2 Limited
- Ultimate parent
- Magpie Investco Limited
- Ultimate controlling party
- Sir Brian Souter
- Accounts
- FRS 101
Subsidiaries (5)
- Tracerco Argentina SAU · 100% · Av. Libertador 101 piso 10 (B1638BEA), Vicente Lopez, Buenos Aires, Argentina
- Tracerco Asia Services Sdn Bhd · 100% · Lot 27, Jalan PJU 3/47, Sunway Damansara Technology Park, 47810 Petaling Jaya, Selangor, Malaysia
- Magpie UK Hedgeco Limited · 100% · Mtc Billingham The Moat, Belasis Hall Technology Park, Billingham, England, TS23 4ED
- Magpie UK Bidco Inc · 100% · 3320 East 84th Place, Suite A/B, Merrillville, IN 46410, USA
- Tracerco US LLC · 100% · 4106 New W Dr, Pasadena, TX 77507, United States
Borrowings (3)
- Intercompany loan · 22,429 (000s) · 12% per annum · repayable on demand · secured on unsecured
- Financial borrowings · 40,886 (000s) · all repayable within 2-5 years
- Intercompany loan · 40,162 (000s) · 8.62% per annum · repayable on demand
Share classes (1)
- 1 Ordinary of £1.00
Events after the year end (1)
- There were no significant events after the reporting date that would require adjustment to the financial statements.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesFloating · created 2024-09-16
—
OutstandingFloating · created 2023-09-28
—
Outstanding