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Finebake Ltd

04424945

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 5, LONDON, N16 5SA
Incorporated 25/04/2002

Compliance

Last accounts

30/04/2024

total exemption full

Next accounts due

01/08/2026

On track

Confirmation statement

Last: 25/04/2026

Due 09/05/2027

On track

Industry

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

Officers

Miriam Pshemish

secretary · Since 01/05/2002

SECRETARY

BRITISH

Mr Nuchem Pshemish

director · Since 10/04/2014

BAKER

AMERICAN · ENGLAND · Age 58

Also on 1 other board

Mrs Miriam Pshemish

director · Since 01/01/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mrs Miriam Pshemish

25–50% shares

British · England · Age 57

Unit 5, 10, Manor Road, London, N16 5SA

Notified 25/04/2017

Mr Nuchem Pshemish

25–50% shares

American · England · Age 58

Unit 5, 10, Manor Road, London, N16 5SA

Notified 25/04/2017

Charges2 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 09/02/2015Registered 11/02/2015Satisfied 28/07/2022
Charge
satisfied

LLOYDS BANK PLC

Created 27/01/2015Registered 30/01/2015Satisfied 31/07/2023
Charge
outstanding

JOSEPH PEARLMAM

Created 23/09/2014Registered 24/09/2014
Charge
outstanding

BANGMILL LIMITED

Created 03/07/2014Registered 19/07/2014

CompanyRankvs 588+ SIC 10710 peers
62

Financial strength86th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Mademoiselle Desserts Taunton Limited
90
2Cavan Bakery Limited(The)
90
3J.Wild(Confectioners)Limited
90
4Fosters Bakery (Staincross) Limited
90
5Thomas Of York Limited
90
6J.Hall & Son(Bakers)Limited
90
7Potts (Bakers) Limited
90
8G.H. Sheldon Wholesale Bakers Limited
90
9The Village Bakery (Coedpoeth) Limited
90
10The Handmade Cake Company Limited
90
588Finebake Ltd
68
How is this score calculated?
Financial strength22/25 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.

Liquidity6/20 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 30/04/2024

Net Worth

£125k

Balance sheet strength

Cash

£105k

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£630k

Current Liabilities

£662k

Fixed Assets

£206k

Debtors

£519k

37avg. employees+12

Balance Sheet

Assets less current liabilities£174k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95+£88k
20230.90+£23k
20220.90-£207k
20211.44+£282
20200.33+£14k
20190.26+£55k
20180.31—

Derived from filed accounts. Not audited figures.