Sorbet Topco Limited
14975762
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/08/2024
group
Next accounts due
31/08/2026
Confirmation statement
Last: 02/07/2025
Due 16/07/2026
Industry
Officers
Persons with Significant Control
Mr Mubashir Mukadam
British · United Kingdom · Age 52
52 Jermyn Street, London, SW1Y 6LX
Notified 03/07/2023
Change History
Active
Private Limited Company
2ND FLOOR
BATH
CompanyRankvs 621+ SIC 10890 peers60
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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
t-IWS integration and the timing of the production cycle. The increase was also driven by growth in trade and other payables, deferred income, and accrued expenses linked to seasonal retail activity. Going Concern Assessment The directors have assessed the group and company’s ability to continue as a going concern for at least 12 months from the date of approval of the financial statements. This a
Key FinancialsYear ending 31/08/2024
Turnover
£50.5M
Annual revenue
Net Worth
£19.9M
Balance sheet strength
Cash
£5.7M
Cash in the bank
Profit Before Tax
£5.8M
Bottom line earnings
Net Current Assets
£3.9M
Working capital
Current Assets
£27.5M
Current Liabilities
£23.6M
Fixed Assets
£71.7M
Debtors
£9.4M
Cost of Sales
£29.0M
Gross Profit
£21.5M
Admin Expenses
£16.6M
Operating Profit
£8.6M
Profit After Tax
£3.6M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.16 |
Derived from filed accounts. Not audited figures.