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Cake Craft Group Limited

09101248

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

CREATE BETTER GROUP PRIVATE ROAD 8, NOTTINGHAM, NG4 2JX
Incorporated 24/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46170
Agents involved in the sale of food, beverages and tobacco

Officers

Mr Graham Linney

director · Since 19/01/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 7 other boards

Miss Kelly-Marie Wheatcroft

secretary · Since 01/08/2023

Mr Peter James Kitchener

director · Since 01/08/2023

COO

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Persons with Significant Control

Create Better Group Limited

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

Create Better Group, Private Road 8, Nottingham, NG4 2JX

Reg: 13276764 · Uk Register Of Companies · Private Company Limited By Shares

Notified 28/04/2021

Mr Peter James Kitchener

Significant control

British · England · Age 57

Create Better Group, Private Road 8, Nottingham, NG4 2JX

Notified 01/08/2023

Mr Graham Linney

Significant control

British · England · Age 61

Create Better Group, Private Road 8, Nottingham, NG4 2JX

Notified 01/08/2023

Former PSCs

Lily Vale Holdings Limited

Ceased 31/01/2018

The Cake Decorating Company Limited

Ceased 28/04/2021

Charges0 outstanding

Charge
satisfied

TC SECURITY TRUSTEE LIMITED

Created 25/05/2021Registered 03/06/2021Satisfied 11/10/2021

CompanyRankvs 1689+ SIC 46170 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2024

Turnover

£4.6M

Annual revenue

Net Worth

-£1.4M

Balance sheet strength

Cash

£23k

Cash in the bank

Profit Before Tax

-£441k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£623k

Current Liabilities

£2.0M

Debtors

£600k

Cost of Sales

£3.1M

Gross Profit

£1.5M

Admin Expenses

£1.8M

Profit After Tax

-£441k

2avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.31-£441k
20230.24-£763k
20210.47
201914228.00

Derived from filed accounts. Not audited figures.