THE SOHO SANDWICH COMPANY LTD

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. THE SOHO SANDWICH COMPANY LTD 2017-02-06 → present
2. THE SOHO SANDWICH COMPANY (LOUGHTON) LTD 2004-09-20 → 2017-02-06

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

AAB Group Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis. In assessing whether the going concern basis remains appropriate, the directors have considered the Company's current financial position, recent trading performance, forecast cash flows and the availability of banking facilities. The directors are aware of certain factors which may cast doubt upon the Company's, and by association the Group's, ability to continue as a going concern but despite these pressures the directors remain confident the business will continue to realise its assets and discharge its liabilities in the normal course of business and that the company has sufficient support and resources available to manage these uncertainties effectively.”

Significant events

• “In the period since the year end the company, and other group companies, faced difficult trading conditions driven by the UK economic slow-down and enhanced payroll expenditure as a result of the UK Budget of October 2024 coming into effect in April 2025. This, coupled with the rationalisation of customers, has seen a decline in turnover and profitability, resulting in reduced operating cash flows. As a consequence, the parent of The Soho Sandwich Company Ltd, Around Noon Foods Limited, breached certain financial covenants attached to its existing bank loan facilities. Despite this breach, the bank has continued to provide ongoing facilities and support; however, the bank has not yet formally agreed revised terms. The Group has received confirmation in writing from the bank that they will continue to be supported and that the loan is not currently repayable on demand, despite the breach.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.