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Soda World Ltd

11608709

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SECOND FLOOR, 23 COLLEGE HILL, LONDON, EC4R 2RP
Incorporated 08/10/2018

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/01/2026

Due 04/02/2027

On track

Industry

08910
Mining of chemical and fertiliser minerals
08990
Other mining and quarrying
46120
Agents involved in the sale of fuels, ores, metals and industrial chemicals
46750
Wholesale of chemical products

Officers

Mr Mehmet Ali Erdogan

director · Since 08/10/2018

SOLICITOR

BRITISH · UNITED KINGDOM · Age 55

Also on 8 other boards

Mr Alp Engin Yilmazkaya

director · Since 12/03/2020

COMPANY DIRECTOR

TURKISH · ENGLAND · Age 60

Mr Ahmet Tohma

director · Since 01/03/2022

COMPANY DIRECTOR

TURKISH · ENGLAND · Age 45

Also on 5 other boards

Mr Jeremy Peter Small

secretary · Since 03/05/2024

Tarlan Oguz Erkan

director · Since 24/04/2026

AMERICAN · UNITED STATES · Age 48

Persons with Significant Control

We Soda Ltd

75–100% shares
75–100% votes

23, College Hill, London, EC4R 2RP

Reg: 10264457 · Companies House · Company Limited By Shares

Notified 21/01/2022

Former PSCs

Mr Turgay Ciner

Ceased 09/09/2022

Mining Minerals And Chemicals Ltd

Ceased 21/01/2022

Charges1 outstanding

Charge
outstanding

DENİZBANK A.Ş.

Created 17/01/2024Registered 19/01/2024

CompanyRankvs 15+ SIC 08910 peers
48

Financial strength73th percentile among SIC peers · 18/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

Liquidity12/20 pts

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

Longevity8/15 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

Outstanding charges: -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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£190.6M

Annual revenue

Net Worth

£582k

Balance sheet strength

Cash

£127k

Cash in the bank

Profit Before Tax

£363k

Bottom line earnings

Net Current Assets

£415k

Working capital

Current Assets

£31.6M

Current Liabilities

£31.1M

Fixed Assets

£167k

Debtors

£31.4M

Cost of Sales

£189.0M

Gross Profit

£1.6M

Admin Expenses

£740k

Operating Profit

£821k

Profit After Tax

£291k

5avg. employees+1

Tax at Year End

Corp tax£44k

People Costs

Wages & salaries£246k
NI contributions£31k

Balance Sheet

Assets less current liabilities£582k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20211.01+£291k
20201.16+£182k
20191.00

Derived from filed accounts. Not audited figures.