Magic Bakers London Ltd

Magic Bakers London Ltd, based in Erith, UK, is a small, active company founded seven years ago in 2018. Employing twelve people and holding £237,920 in assets, it operates from a real address and is led by two directors and one owner. The company regularly imports cereal and milk-based food products, with 41 months of import activity recorded, the latest operation taking place in February 2025. The business describes itself as operating in the other food services industries.

The company's website, Magic Bakers London, is simple and enthusiastic, proclaiming "This's so good!"—suggesting a focus on quality and customer satisfaction. It’s unclear whether the site facilitates e-commerce directly or serves primarily as a branding and marketing tool.

Financially, Magic Bakers London Ltd shows a mixed picture. Current assets increased by 21% to £240,000, while net assets also rose by 42% to £240,000. However, cash bank on hand decreased by nearly 5% to £160,000. Trade debtors surged by a staggering 290%, potentially reflecting a shift in credit terms or delayed customer payments. Creditors, both within and beyond one year, also increased, although the short-term creditors rose significantly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in debtors is something to keep an eye on. The company’s average number of employees increased by 83% to 22, which is a big jump and could be a sign of growth or increased workload. There’s no auditor mentioned, which is common for small companies.

Overall, Magic Bakers London Ltd seems to be growing, but managing its finances carefully will be crucial to its long-term success.

Registered in England/Wales under the registration number 11279971, with a registered address at DA8 1QX, England, Erith, Unit L Birch House Business Centre, Birch Walk Of Fraser Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.