Project Cake Bidco Limited
13246317
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 04/03/2026
Due 18/03/2027
Industry
Officers
director · Since 04/02/2022
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 52
Also on 6 other boards
director · Since 28/03/2025
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 11 other boards
Former
director · Resigned 28/03/2025
director · Resigned 28/03/2025
Persons with Significant Control
Project Cake Midco Limited
Princes House, 38 Jermyn Street, London, SW1Y 6DN
Reg: 13244219 · United Kingdom · Private Limited Company
Notified 05/03/2021
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC AS SECURITY AGENT FOR THE SECURED PARTIES
GROWTH CAPITAL PARTNERS NOMINEES LIMITED AS LOAN NOTE SECURITY AGENT
Change History
Active
Private Limited Company
24-26 AIRE STREET
LEEDS
CompanyRankvs 45455+ SIC 64209 peers24
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
a material uncertainty exists that may cast doubt about the ability of the Company to continue as a going concern. The Directors have prepared forecasts that consider a period of more than 12 months from the signing of the financial statements which show that the Company will be able to continue to operate withi
Key FinancialsYear ending 31/03/2026
Net Worth
-£20.3M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£4.5M
Bottom line earnings
Net Current Assets
-£64.8M
Working capital
Current Assets
£22.7M
Current Liabilities
£87.5M
Debtors
£12.9M
Profit After Tax
-£4.5M
People Costs(2025)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.26 | -£4.5M |
| 2025 | 0.38 | -£4.3M |
| 2024 | 0.37 | -£4.0M |
| 2023 | 0.36 | — |
Derived from filed accounts. Not audited figures.