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Poppy Midco Limited

15979318

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

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

C/O FREETHS LLP 3RD FLOOR, NORTHGATE HOUSE, MILTON KEYNES, MK9 2AD
Incorporated 25/09/2024

Compliance

Next accounts due

25/06/2026

On track

Confirmation statement

Last: 24/09/2025

Due 08/10/2026

On track

Industry

64303
Activities of venture and development capital companies

Officers

Mr Daniel John Skyte

director · Since 25/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 23 other boards

Persons with Significant Control

Poppy Topco Limited

75–100% shares
75–100% votes
Appoint directors

27, Old Gloucester Street, London, WC1N 3AX

Reg: 15977813 · Companies House · Private Limited Company

Notified 25/09/2024

Charges5 outstanding

Charge
outstanding

WUESSEN LENDING III S.À.R.L.

Created 10/04/2026Registered 14/04/2026
Charge
outstanding

WUESSEN LENDING III S.À.R.L.

Created 21/11/2025Registered 26/11/2025
Charge
outstanding

WUESSEN LENDING III S.À.R.L.

Created 28/08/2025Registered 11/09/2025
Charge
outstanding

WUESSEN LENDING S.À.R.L.

Created 28/08/2025Registered 05/09/2025
Charge
outstanding

WUESSEN LENDING III S.À.R.L.

Created 01/08/2025Registered 06/08/2025
Charge
satisfied

METRO BANK PLC

Created 11/12/2024Registered 12/12/2024Satisfied 21/08/2025

CompanyRankvs 1551+ SIC 64303 peers
21

Financial strength89th percentile among SIC peers · 22/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees0/15 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.

Longevity2/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern

Key FinancialsYear ending 31/12/2025

Net Worth

£663k

Balance sheet strength

Cash

£129k

Cash in the bank

Net Current Assets

-£14.9M

Working capital

Current Assets

£3.9M

Current Liabilities

£18.8M

Fixed Assets

£15.5M

Debtors

£3.8M

Admin Expenses

£212k

Operating Profit

-£212k

Profit After Tax

-£212k

Balance Sheet

Assets less current liabilities£663k
Signed by Mr Daniel Skyte 3 July 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.21

Derived from filed accounts. Not audited figures.