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Hot Sauce Committee Limited

12352862

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

HIGH GROUND, ISLINGTON, N1 2TZ
Incorporated 06/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56102
Unlicensed restaurants and cafes

Officers

Mr Simon John Peace

secretary · Since 06/12/2019

Also on 3 other boards

Mrs Oksana Peace

director · Since 06/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr Simon John Peace

director · Since 06/12/2019

DIRECTOR

ENGLISH · ENGLAND · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Simon John Peace

25–50% shares
25–50% votes

English · England · Age 58

High Ground, 286 Upper Street, Islington, N1 2TZ

Notified 06/12/2019

Mrs Oksana Peace

25–50% shares
25–50% votes

British · England · Age 48

High Ground, 286 Upper Street, Islington, N1 2TZ

Notified 06/12/2019

CompanyRankvs 23216+ SIC 56101 peers
36

Financial strength12th percentile among SIC peers · 3/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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23216Hot Sauce Committee Limited
35
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 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

-£66k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£88k

Working capital

Current Assets

£40k

Current Liabilities

£132k

Fixed Assets

£40k

8avg. employees+1

Balance Sheet

Assets less current liabilities-£48k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30+£26k
20230.18+£16k
20220.14-£25k
20210.31—

Derived from filed accounts. Not audited figures.