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City Cakes Company Limited

02736873

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 10, LONDON, E16 4SR
Incorporated 03/08/1992

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 19/07/2025

Due 02/08/2026

On track

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr Chong Vay Lam

director · Since 03/08/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

A Tai Sin

director · Since 12/04/1993

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Tan To To

director · Since 06/07/1995

DIRECTOR

BRITISH · ENGLAND · Age 66

Charges5 outstanding

charge
outstanding

HSBC BANK PLC

Created 27/07/2011Registered 29/07/2011
charge
outstanding

HSBC BANK PLC

Created 27/07/2011Registered 29/07/2011
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 11/02/2011Registered 15/02/2011
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 11/02/2011Registered 15/02/2011
charge
satisfied

BARCLAYS BANK PLC

Created 02/07/1998Registered 23/07/1998Satisfied 09/05/2011
charge
outstanding

PROVIDENT GROWTH LIMITED

Created 23/04/1997Registered 29/04/1997

CompanyRankvs 54+ SIC 10710 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£902k

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£882k

Working capital

Current Assets

£1.4M

Current Liabilities

£550k

Fixed Assets

£20k

Debtors

£230k

31avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.60-£123k
20232.95-£21k
20222.70+£36k
20212.43+£302k
20202.10+£150k
20191.90+£126k
20181.80+£85k
20171.63

Derived from filed accounts. Not audited figures.