Soda Folk Ltd
08605076
Details
Compliance
Last accounts
31/12/2021
total exemption full
Next accounts due
30/09/2023
Confirmation statement
Last: 10/07/2022
Due 24/07/2023
Industry
Officers
director · Since 02/09/2019
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 2 other boards
director · Since 15/10/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
Persons with Significant Control
Mr David Charles Hawkins
British · United Kingdom · Age 61
Fountain Court, 2 Victoria Street, St Albans, AL1 3TF
Notified 24/10/2019
Mr David Joseph
British · United Kingdom · Age 61
Fountain Court, 2 Victoria Square, St Albans, AL1 3TF
Notified 24/10/2019
Mr Richard Francis O'Donohoe
British · United Kingdom · Age 65
Fountain Court, 2 Victoria Street, St Albans, AL1 3TF
Notified 24/10/2019
Former PSCs
Mr Kenneth Farrell Graham
Ceased 15/10/2019
Charges1 outstanding
ADVANTEDGE COMMERCIAL FINANCE (NORTH) LIMITED
Insolvency History2 cases
Michael Colin John Sanders (practitioner) · James Alexander Snowdon (practitioner)
Georgina Marie Eason (practitioner) · Michael Colin John Sanders (practitioner) · James Alexander Snowdon (practitioner)
CompanyRankvs 15+ SIC 11070 peers20
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2021
Net Worth
-£1.0M
Balance sheet strength
Cash
£88k
Cash in the bank
Net Current Assets
£178k
Working capital
Current Assets
£562k
Current Liabilities
£384k
Fixed Assets
£11k
Debtors
£197k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 1.46 | -£624k |
| 2020 | 1.32 | -£438k |
| 2019 | 1.11 | — |
Derived from filed accounts. Not audited figures.