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Sipp Food (Corby) Ltd

07899549

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

10 Station Road, London, E12 5BT
Incorporated 06/01/2012

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 06/01/2026

Due 20/01/2027

On track

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Sukhwinder Singh Panesar

director · Since 06/01/2012

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Mrs Daljit Kaur Panesar

director · Since 25/07/2016

SECRETARY

BRITISH · ENGLAND · Age 59

Also on 9 other boards

Sukhwinder Singh Panesar

director · Since 06/01/2012

British · England · Age 59

Daljit Kaur Panesar

director · Since 25/07/2016

British · England · Age 59

Former

Barbara Kahan

director · Resigned 06/01/2012

Persons with Significant Control

Mr Sukhwinder Singh Panesar

Significant control

British · England · Age 59

10, Station Road, London, E12 5BT

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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Change History

officer appointed → PANESAR, Daljit Kaur
2026-06-18
officer appointed → PANESAR, Sukhwinder Singh
2026-06-18
status → active
2026-06-18

Active

type → ltd
2026-06-18

Private Limited Company

address line1 → 10 Station Road
2026-06-18

CHARTER HOUSE

post town → London
2026-06-18

LONDON

CompanyRankvs 2803+ SIC 56103 peers
65

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2803Sipp Food (Corby) Ltd
71
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.

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.

Longevity14/15 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 28/02/2025

Net Worth

£298k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£194k

Working capital

Current Assets

£517k

Current Liabilities

£711k

Fixed Assets

£1.0M

Debtors

£440k

43avg. employees-2

Balance Sheet

Intangible assets£62k
Bank loans & overdrafts£470k
Assets less current liabilities£841k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73+£39k
20240.77-£93k
20230.96+£118k
20220.89+£165k
20210.35+£108k
20200.29+£17k
20190.21—

Derived from filed accounts. Not audited figures.