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Letthemseecake Limited

12778135

active
Private Limited Company
wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

593 COWBRIDGE ROAD EAST, CARDIFF, CF5 1BE
Incorporated 29/07/2020

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 28/07/2025

Due 11/08/2026

On track

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mr Gareth Owen Davies

director · Since 29/07/2020

BAKER

WELSH · WALES · Age 33

Also on 1 other board

Mr Ryan Alexander Rowe

director · Since 29/07/2020

PROPERTY NEGOTIATOR

BRITISH · WALES · Age 32

Persons with Significant Control

Mr Gareth Owen Davies

50–75% shares
50–75% votes
Appoint directors

Welsh · Wales · Age 33

593, Cowbridge Road East, Cardiff, CF5 1BE

Notified 29/07/2020

Mr Ryan Alexander Rowe

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 32

593, Cowbridge Road East, Cardiff, CF5 1BE

Notified 29/07/2020

Charges1 outstanding

Charge
outstanding

DBW INVESTMENTS (3) LIMITED

Created 01/09/2022Registered 06/09/2022

CompanyRankvs 2982+ SIC 47240 peers
29

Financial strength8th percentile among SIC peers · 2/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees14/15 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.

Longevity6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£38k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£32k

Current Liabilities

£66k

Fixed Assets

£26k

Debtors

£78

14avg. employees+3

Balance Sheet

Bank loans & overdrafts£23k
Assets less current liabilities-£8k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49-£2k
20230.64-£25k
20220.56-£17k
20211.04

Derived from filed accounts. Not audited figures.