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Luxury Global Bakery Ltd

12343466

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LUXURY BAKERY, COVENTRY, CV2 3GF
Incorporated 02/12/2019

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/11/2025

Due 29/11/2026

On track

Industry

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

Officers

Mr Sathyanathan Thuvaraganathan

director · Since 02/12/2019

DIRECTOR

SRI LANKAN · ENGLAND · Age 47

Persons with Significant Control

Mr Sathyanathan Thuvaraganathan

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

Sri Lankan · England · Age 47

Luxury Bakery, 115 Alfall Road, Coventry, CV2 3GF

Notified 02/12/2019

CompanyRankvs 2207+ SIC 10710 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£55k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£10k

Current Liabilities

£75k

Fixed Assets

£50k

10avg. employees-4

Director Loans(2021)

Company owes directors£9k

Balance Sheet

Assets less current liabilities-£15k
Signed by Mr SATHYANATHAN THUVARAGANATHAN 23rd September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14-£37k
20230.22-£30k
20211.22+£7k
20200.77

Derived from filed accounts. Not audited figures.