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Soulfood Spices Limited

14661289

active
Private Limited Company
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

SUITE C THE QUADRANT, SHEFFIELD, S9 4WG
Incorporated 14/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56302
Public houses and bars

Officers

Mr Selva Kumar Kandasamy

director · Since 14/02/2023

OPERATION DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Saurabh Mehrotra

director · Since 14/02/2023

MARKETING DIRECTOR

INDIAN · ENGLAND · Age 42

Also on 2 other boards

Mr Rakesh Thekkinkatil Padinjaremaddm

director · Since 14/02/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Rakesh Thekkinkatil Padinjaremaddm

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

British · England · Age 45

Suite C, The Quadrant, Sheffield, S9 4WG

Notified 14/02/2023

Mr Selva Kumar Kandasamy

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

British · England · Age 52

15, The Closes, Kidlington, OX5 2DP

Notified 14/02/2023

Mr Saurabh Mehrotra

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

Indian · England · Age 42

West View, Bladon Road, Woodstock, OX20 1QD

Notified 14/02/2023

CompanyRankvs 27967+ SIC 56101 peers
31

Financial strength12th percentile among SIC peers · 3/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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27967Soulfood Spices Limited
31
How is this score calculated?
Financial strength3/25 pts

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

Employees8/15 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.

Longevity3/15 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 28/02/2025

Net Worth

-£60k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£19k

Current Liabilities

£64k

Fixed Assets

£14k

Debtors

£7k

5avg. employees+1

Balance Sheet

Assets less current liabilities-£32k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29-£37k
20243.06—

Derived from filed accounts. Not audited figures.