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Savoursmiths Limited

07216032

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Lake House, Market Hill, Royston, SG8 9JN
Incorporated 07/04/2010

Previously known as

Russell Smith Partners Limited · until 11/05/2016

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/07/2025

Due 03/08/2026

On track

Industry

10890
Manufacture of other food products

Officers

Mr Michael James Russell Smith

director · Since 07/04/2010

NONE

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mrs Colette Smith

director · Since 08/11/2018

COMPANY DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 35

Also on 1 other board

Michael James Russell Smith

director · Since 07/04/2010

British · England · Age 47

Colette Smith

director · Since 08/11/2018

South African · England · Age 35

Former

Robert Giles Russell Smith

secretary · Resigned 08/11/2018

Persons with Significant Control

Mr Michael James Russell Smith

50–75% shares

British · England · Age 47

College Farm, Grange Road, Cambridge, CB22 4QF

Notified 06/04/2016

Mrs Colette Smith

25–50% shares

South African · England · Age 35

College Farm, Grange Road, Cambridge, CB22 4QF

Notified 20/06/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/08/2019Registered 23/08/2019

Change History

status → active
2026-07-12

Active

type → ltd
2026-07-12

Private Limited Company

address line1 → Lake House
2026-07-12

LAKE HOUSE

post town → Royston
2026-07-12

ROYSTON

CompanyRankvs 69+ SIC 10890 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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69Savoursmiths Limited
88
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 31/03/2026

Net Worth

£2.3M

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£846k

Working capital

Current Assets

£1.5M

Current Liabilities

£658k

Fixed Assets

£2.8M

Debtors

£968k

26avg. employees+3

Tax at Year End(2025)

Corp tax£58k

Balance Sheet

Bank loans & overdrafts£943k
Assets less current liabilities£3.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.29+£402k
20252.62+£511k
20242.10+£614k
20232.11—

Derived from filed accounts. Not audited figures.