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Canncrest Drinks Limited

11807005

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)
  • Going concern doubt noted in accounts (-10)

Details

C/O HILTON CONSULTING CANALOT STUDIOS, LONDON, W10 5BN
Incorporated 05/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11070
Manufacture of soft drinks; production of mineral waters and other bottled waters
47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets

Officers

Mr David Channing Gibson

director · Since 05/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Persons with Significant Control

Canncrest Limited

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

Flat 20, 45 Leinster Square, London, W2 4PU

Reg: 11732382 · United Kingdom · Limited Company

Notified 05/02/2019

CompanyRankvs 718+ SIC 11070 peers
23

Financial strength4th percentile among SIC peers · 1/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 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.

Longevity7/15 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

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. Material uncertainties being that of a negative balance sheet. 1.3 Revenue Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an ap

Key FinancialsYear ending 28/02/2025

Net Worth

-£311k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£311k

Working capital

Current Assets

£99k

Current Liabilities

£410k

Fixed Assets

£457

Debtors

£45k

1avg. employees

Balance Sheet

Assets less current liabilities-£311k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.24+£0
20240.24+£0
20230.24+£0
20220.24+£0
20210.24—

Derived from filed accounts. Not audited figures.