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Savoursmiths Limited

07216032

active
Private Limited Company
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, ROYSTON, SG8 9JN
Incorporated 07/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mr Michael James Russell Smith

director · Since 07/04/2010

NONE

BRITISH · ENGLAND · Age 46

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

Persons with Significant Control

Mr Michael James Russell Smith

50–75% shares

British · England · Age 46

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

CompanyRankvs 71+ SIC 10890 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.62× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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71Savoursmiths 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 31/03/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£401k

Cash in the bank

Net Current Assets

£924k

Working capital

Current Assets

£1.5M

Current Liabilities

£571k

Fixed Assets

£1.3M

Debtors

£639k

23avg. employees+2

Tax at Year End

Corp tax£58k

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.62+£511k
20242.10+£614k
20232.11+£443k
20221.47+£227k
20211.36—
20190.41—

Derived from filed accounts. Not audited figures.