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The Soho Sandwich Company Ltd

05235361

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
50 / 100

Notable Risks

30/30
Filing
10/30
Financial
10/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • Active insolvency proceedings (-20)
  • 5 outstanding charges (-10)

Details

UNIT 7 ADVENT BUSINESS PARK, LONDON, N18 3AL
Incorporated 20/09/2004

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

10890
Manufacture of other food products
56210
Event catering activities

Officers

Gareth Chambers

director · Since 01/06/2023

DIRECTOR

IRISH · NORTHERN IRELAND · Age 41

Also on 1 other board

Persons with Significant Control

Around Noon Foods Limited

75–100% shares
75–100% votes
Appoint directors

Cooper Parry, Sky View Argosy Road, East Midlands Airport, Derby, DE74 2SA

Reg: 10015477 · Companies House · Private Limited Company

Notified 01/06/2023

Former PSCs

Mr Daniel Silverston

Ceased 01/06/2023

Charges5 outstanding

Charge
outstanding

IFNI - DEBT LP

Created 12/06/2025Registered 17/06/2025
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outstanding

BARCLAYS BANK PLC

Created 31/05/2023Registered 06/06/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 01/06/2023Registered 02/06/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 24/10/2018Registered 25/10/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 31/08/2017Registered 11/09/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/05/2009Registered 29/05/2009Satisfied 29/07/2010

Insolvency History1 case

corporate voluntary arrangement

David Rubin (practitioner)

CompanyRankvs 155+ SIC 10890 peers
56

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.77× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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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.

Employees15/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

cash flows and the availability of banking facilities. The directors are aware of certain factors which may cast doubt upon the Company’s, and by association the Group’s, ability to continue as a going concern but despite these pressures the directors remain confident the business will continue to realise its assets and discharge its liabilities in the normal course of business and that the co

Key FinancialsYear ending 31/12/2024

Turnover

£30.2M

Annual revenue

Net Worth

£6.1M

Balance sheet strength

Cash

£87k

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£4.9M

Working capital

Current Assets

£11.4M

Current Liabilities

£6.5M

Fixed Assets

£1.5M

Cost of Sales

£24.5M

Gross Profit

£5.6M

Admin Expenses

£4.2M

Operating Profit

£1.4M

Profit After Tax

£1.4M

259avg. employees+15

Tax at Year End

Corp tax£88

People Costs

Wages & salaries£6.7M
NI contributions£600k

Balance Sheet

Assets less current liabilities£6.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.77+£2.1M
20231.35+£1.7M
20221.18+£511k
20211.49-£557k
20201.55+£217k
20191.60+£437k
20181.50

Derived from filed accounts. Not audited figures.