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Sourdough Tim Ltd

12006799

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

12 KENWYN STREET, TRURO, TR1 3DJ
Incorporated 20/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr Cassio Parente

director · Since 23/10/2023

BAKER

ITALIAN · ENGLAND · Age 46

Persons with Significant Control

Mr Cassio Parente

25–50% shares

Italian · England · Age 46

12, Kenwyn Street, Truro, TR1 3DJ

Notified 23/10/2023

Former PSCs

Mr Timothy Noel Passmore

Ceased 11/11/2024

Mrs Harshini Passmore

Ceased 14/09/2023

CompanyRankvs 832+ SIC 10710 peers
62

Financial strength73th percentile among SIC peers · 18/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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832Sourdough Tim Ltd
62
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.

Employees10/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

£24k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£31k

Current Liabilities

£27k

Fixed Assets

£22k

4avg. employees+4

Balance Sheet

Assets less current liabilities£26k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15—
20230.35—
20220.79-£2k
20210.95-£1k
20200.86—

Derived from filed accounts. Not audited figures.