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On The Solent Bakery Ltd

14655849

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

17 CHURCHER CLOSE, GOSPORT, PO12 2SL
Incorporated 10/02/2023

Compliance

Last accounts

28/02/2025

unaudited abridged

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 09/02/2026

Due 23/02/2027

On track

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes
47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mr Andrew Mark Meggison

director · Since 10/02/2023

RETAILER

ENGLISH · ENGLAND · Age 38

Persons with Significant Control

Mr Andrew Mark Meggison

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

English · England · Age 38

17, Churcher Close, Gosport, PO12 2SL

Notified 10/02/2023

Mrs Emma Meggison

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

English · England · Age 38

17, Churcher Close, Gosport, PO12 2SL

Notified 10/02/2023

CompanyRankvs 2313+ SIC 10710 peers
36

Financial strength6th percentile among SIC peers · 2/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity4 years trading (max 15) · 4/15
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.

Employees13/15 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.

Longevity4/15 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 28/02/2026

Net Worth

-£49k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£27k

Current Liabilities

£76k

Fixed Assets

£8k

Debtors

£11k

14avg. employees

Balance Sheet

Intangible assets£4k
Assets less current liabilities-£42k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.35-£4k
20250.39-£19k
20240.43

Derived from filed accounts. Not audited figures.