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Cornish Premier Pasties Limited

06453034

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4-5 HURLING WAY, ST. COLUMB, TR9 6SX
Incorporated 13/12/2007

Compliance

Last accounts

31/08/2024

full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

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

Officers

Mrs Lynne Norton

director · Since 21/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Andrew Paul Bray

director · Since 19/03/2025

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Prima Bakeries Limited

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

Wheal Rose, Scorrier, Redruth, TR16 5BX

Reg: 7278050 · Companies House · Company Limited By Shares

Notified 21/12/2020

Former PSCs

Mr Paul Jackson

Ceased 02/03/2020

Mrs Fiona Rick

Ceased 21/12/2020

Mr Frank Bradshaw

Ceased 21/12/2020

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 14/10/2024Registered 21/10/2024
Charge
satisfied

TC LOANS (CBILS) LIMITED (AS SECURITY TRUSTEE)

Created 21/12/2020Registered 07/01/2021Satisfied 09/10/2024
Charge
satisfied

FRANK BRADSHAW

Created 21/12/2020Registered 04/01/2021Satisfied 19/01/2023

CompanyRankvs 25+ SIC 10710 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/08/2024

Net Worth

£5.9M

Balance sheet strength

Cash

£619k

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£5.6M

Working capital

Current Assets

£6.4M

Current Liabilities

£778k

Fixed Assets

£464k

Debtors

£5.2M

Profit After Tax

£1.5M

73avg. employees+9

Tax at Year End

Corp tax£275k
Dividends paid-£850k

People Costs

Wages & salaries£1.8M

Balance Sheet

Assets less current liabilities£6.1M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20248.19+£654k
20235.95+£1.2M
20225.85+£1.2M
2021+£1.5M
20203.93+£37k
20192.77+£573k
20181.65

Derived from filed accounts. Not audited figures.