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The Saucerer Foods Ltd

13795937

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

SUITE G04, LONDON, WC2A 1HR
Incorporated 13/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10840
Manufacture of condiments and seasonings

Officers

Mr Tim Hillgarth

director · Since 13/12/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mr Tim Hillgarth

75–100% shares

British · England · Age 35

Suite G04, 1 Quality Court, Chancery Lane, London, WC2A 1HR

Notified 13/12/2021

CompanyRankvs 633+ SIC 10840 peers
27

Financial strength6th percentile among SIC peers · 2/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

Employees3/15 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.

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.

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

-£62k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£28k

Current Liabilities

£89k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£62k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.31-£47k
20230.36-£10k
20220.33

Derived from filed accounts. Not audited figures.