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Southall Cakes Limited

12241265

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

35 SOUTH ROAD, SOUTHALL, UB1 1SW
Incorporated 03/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes
10720
Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes

Officers

Mr Saqib Rashid

director · Since 03/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Saqib Rashid

75–100% shares
75–100% votes

British · England · Age 42

4a, Shenley Road, Borehamwood, WD6 1DL

Notified 03/10/2019

Former PSCs

Mr Waqas Mahmood Maan

Ceased 13/03/2023

Mr Waqas Maan

Ceased 26/06/2025

CompanyRankvs 1266+ SIC 10710 peers
53

Financial strength5th percentile among SIC peers · 1/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.33× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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1266Southall Cakes Limited
52
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.

Employees10/15 pts

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

Liquidity20/20 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 31/10/2023

Net Worth

-£52k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£38k

Current Liabilities

£11k

Fixed Assets

£16k

4avg. employees

Balance Sheet

Assets less current liabilities£43k
Signed by Mr Saqib Rashid 30/07/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20233.33+£3k
20221.02-£17k
20210.58-£2k
20208.03—

Derived from filed accounts. Not audited figures.