THE MAGIC BEAN CO. LIMITED
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Cash
£349K
-63.8% lowest in 6 filed years
Net assets
£2.4M
-15.2% vs 2024
Employees
637
+8% highest in 6 filed years
Profit before tax
-£527K
-72.3% lowest in 6 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £8,953,214 | £17,140,979 | £18,909,978 | £24,594,807 | £31,668,799 | £34,943,586 | +10.3% | |
| Operating profit | £822,095 | £2,915,557 | £2,033,882 | £1,708,525 | £470,958 | £383,245 | -18.6% | |
| Profit before tax | £611,383 | £2,721,749 | £1,859,323 | £1,218,065 | -£305,942 | -£527,028 | -72.3% | |
| Net profit | £449,385 | £2,023,951 | £1,468,144 | £475,163 | -£305,942 | -£128,355 | +58% | |
| Cash | £1,337,301 | £3,029,680 | £4,022,963 | £875,240 | £964,457 | £348,721 | -63.8% | |
| Total assets less current liabilities | £4,634,470 | £6,351,398 | £7,066,453 | £12,188,281 | £14,860,584 | £4,999,322 | -66.4% | |
| Net assets | £16,589 | £1,883,447 | £3,135,979 | £3,421,138 | £2,815,196 | £2,386,841 | -15.2% | |
| Equity | £16,589 | £1,883,447 | £3,135,979 | £3,421,138 | £2,815,196 | £2,386,841 | -15.2% | |
| Average employees | 231 | 292 | 401 | 472 | 590 | 637 | +8% | |
| Wages | £2,229,517 | £3,246,182 | £3,935,228 | £5,363,575 | £7,141,768 | £8,105,577 | +13.5% | |
| Directors' remuneration | £826 | £86,689 | £117,289 | £136,809 | £56,708 | £50,000 | -11.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | 9.2% | 17.0% | 10.8% | 6.9% | 1.5% | 1.1% | |
| Net margin | 5.0% | 11.8% | 7.8% | 1.9% | -1.0% | -0.4% | |
| Return on capital employed | 17.7% | 45.9% | 28.8% | 14.0% | 3.2% | 7.7% | |
| Gearing (liabilities / total assets) | — | — | — | 81.0% | 86.1% | 89.4% | |
| Current ratio | — | — | — | 0.48x | 0.58x | 0.24x | |
| Interest cover | 3.90x | 15.04x | 11.65x | 3.48x | 0.61x | 0.42x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- WBV Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- THE MAGIC BEAN CO. LIMITED · parent
- Magic Bean Developments Limited 100%
- Purely Coffee Co Ltd 100%
Significant events
- “During the year, the Company continued to build on the strong foundations established in the prior period, expanding its footprint through site acquisitions and new store openings.”
- “The Company began the year with 42 trading sites, comprising 18 Drive Thru and 24 Core (café) locations. During the period, three additional sites were opened, bringing the total estate to 45 sites at year end, comprising 21 Drive Thru and 24 cafés across South Wales, the Midlands, the South West and the North East of England.”
- “The facility was increased to £15m during the year and subsequently renewed in June 2026, with an additional £2.5 million accordion option available.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ESFAHANI, Leon Reza | Director | 2013-02-01 | Oct 1981 | British |
| REED, Martin Stuart | Director | 2020-12-01 | Aug 1960 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STAPLETON, Graham Barry | Director | 2021-01-21 | 2022-07-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Leon Reza Esfahani | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-30 | Active |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-30 | AA | accounts | Accounts with accounts type full | |
| 2026-06-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-09 | CH01 | officers | Change person director company with change date | |
| 2025-12-12 | CH01 | officers | Change person director company with change date | |
| 2025-06-30 | AA | accounts | Accounts with accounts type full | |
| 2025-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-28 | AA | accounts | Accounts with accounts type full | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-06 | AA | accounts | Accounts with accounts type full | |
| 2023-02-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-30 | SH03 | capital | Capital return purchase own shares | |
| 2022-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-20 | SH06 | capital | Capital cancellation shares | |
| 2022-05-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-22 | AA | accounts | Accounts with accounts type full | |
| 2021-05-21 | CH01 | officers | Change person director company with change date | |
| 2021-05-10 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.