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Secession Limited

02010519

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

198 SHAFTESBURY AVENUE, WC2H 8JL
Incorporated 15/04/1986

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

56101
Licensed restaurants

Officers

David Freud

director · Since 31/12/1990

MASTER OF ARTS

BRITISH · ENGLAND · Age 78

Also on 2 other boards

Mrs Naomi Freud

secretary · Since 05/12/2003

DIRECTOR AND TUTOR

BRITISH · ENGLAND · Age 65

Also on 21 other boards

Mrs Naomi Freud

director · Since 05/12/2003

DIRECTOR AND COLLEGE FELLOW

BRITISH · ENGLAND · Age 65

Also on 21 other boards

Mr Gideon Freud

director · Since 28/04/2016

GENERAL MANAGER

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mrs Naomi Freud

Significant control

British · England · Age 65

6 & 7, Beaumont Buildings, Oxford, OX1 2LL

Notified 06/04/2016

Mr David Freud

Significant control

British · England · Age 78

198 Shaftesbury Avenue, WC2H 8JL

Notified 06/04/2016

CompanyRankvs 158+ SIC 56101 peers
88

Financial strength99th percentile among SIC peers · 25/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 45.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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158Secession Limited
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£102k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£2.4M

Current Liabilities

£52k

Fixed Assets

£239k

Debtors

£2.3M

21avg. employees

Tax at Year End

VAT£29k

Balance Sheet

Assets less current liabilities£2.5M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202445.23-£131k£587k
202335.43+£45k£897k
202222.35+£171k£1.0M
202120.45+£120k£935k
2020715.94+£55k—
201928.25-£31k—
201851.04——

Derived from filed accounts. Not audited figures.