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Sonderwell Topco Limited

13181399

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

The Floral, 27b Floral Street, London, WC2E 9DP
Incorporated 05/02/2021

Previously known as

Better Topco Limited · until 14/09/2021

Compliance

Last accounts

31/03/2024

group

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 04/02/2026

Due 18/02/2027

On track

Industry

64209
Activities of other holding companies

Officers

Michael Thomas Biddulph

director · Since 02/06/2023

British · England · Age 51

Former

Kishan Ravi Yagnish Chotai

director · Resigned 31/08/2022

Douglas John Quinn

director · Resigned 01/03/2023

Christian Amar Dube

director · Resigned 02/06/2023

Gregory Leslie Minns

director · Resigned 02/06/2023

Paul Hayes

director · Resigned 19/09/2023

Ajay Patel

director · Resigned 02/11/2023

Gregory George Anthony Walsh

director · Resigned 30/04/2025

David John Cole

director · Resigned 27/01/2026

John Michael Lee

director · Resigned 27/01/2026

Alistair Mckenzie Miller

director · Resigned 27/01/2026

Persons with Significant Control

August Equity Partners V General Partner Llp

75–100% shares
75–100% votes

The Floral, 27b Floral Street, London, WC2E 9DP

Reg: Oc427816 · United Kingdom · Limited Liability Partnership

Notified 05/02/2021

August Equity Llp

Significant control

The Floral, 27b Floral Street, London, WC2E 9DP

Reg: Oc313101 · United Kingdom · Limited Liability Partnership

Notified 05/02/2021

Change History

statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line1The Floral
2026-06-10

THE FLORAL

post townLondon
2026-06-10

LONDON

officer appointedBIDDULPH, Michael Thomas
2026-06-10

CompanyRankvs 25530+ SIC 64209 peers
41

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 31/03/2024

Turnover

£40.1M

Annual revenue

Net Worth

-£53.9M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Profit Before Tax

-£35.4M

Bottom line earnings

Net Current Assets

£2.6M

Working capital

Current Assets

£7.2M

Current Liabilities

£4.6M

Fixed Assets

£19.7M

Debtors

£4.7M

Cost of Sales

£27.6M

Gross Profit

£12.5M

Admin Expenses

£18.2M

Operating Profit

-£5.7M

Profit After Tax

-£35.1M

1122avg. employees-178

People Costs

Wages & salaries£29.4M
NI contributions£2.8M

Balance Sheet

Intangible assets£19.4M
Bank loans & overdrafts£28.9M
Assets less current liabilities£22.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.57-£35.1M
20231.44

Derived from filed accounts. Not audited figures.