SOLO CUP FINANCE LIMITED
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2027-03-31 (in 10mo)
Last made up 2026-03-17
Watchouts
Cash
£8M
Latest balance sheet
Net assets
£8M
Equity attributable
Employees
23
Average over period
Profit before tax
£7M
Period ending 2024-06-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
-
Material uncertainty over going concern
The financial statements have been prepared on a basis other than that of a going concern. The Group and Parent Company have sufficient financing available to enable a solvent closedown.
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-06-30
| Metric | Trend | 2022-12-31 | 2024-06-30 |
|---|---|---|---|
| Turnover | £17,327,000 | £7,933,000 | |
| Operating profit | -£891,000 | £6,735,000 | |
| Profit before tax | -£390,000 | £7,242,000 | |
| Net profit | -£408,000 | £6,289,000 | |
| Cash | £15,775,000 | £7,940,000 | |
| Total assets less current liabilities | £20,145,000 | £7,343,000 | |
| Net assets | £21,788,000 | £7,783,000 | |
| Equity | £21,788,000 | £7,783,000 | |
| Average employees | 77 | 23 | |
| Wages | £2,301,000 | £2,331,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2024-06-30 |
|---|---|---|---|
| Operating margin | -5.1% | 84.9% | |
| Net margin | -2.4% | 79.3% | |
| Return on capital employed | -4.4% | 91.7% | |
| Current ratio | 7.17x | 12.79x | |
| Interest cover | -11.72x | 6735.00x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Qualified
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on a basis other than that of a going concern. The Group and Parent Company have sufficient financing available to enable a solvent closedown.”
Group structure
- SOLO CUP FINANCE LIMITED · parent
- Solo Cup (UK) Limited 100%
- Dart Products Limited 100%
- Dart Products Europe Ltd 100%
Significant events
- “Due to the ban on single-use plastic products in the United Kingdom prohibiting the manufacture, distribution or use of single-use plastics, the Group ceased trading in June 2023, and is in the process of disposing all remaining assets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2014-08-01 | — | — |
| DART, Robert Charles | Director | 2014-05-14 | Jun 1958 | Irish |
| JEWELL, Thomas Lynn | Director | 2014-05-14 | Sep 1967 | American |
| LAMMERS, James Donald | Director | 2014-05-14 | Jan 1959 | American |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DART, Claire Theresa | Director | 2014-05-14 | 2022-12-12 |
| HERNKE, Richard | Director | 2010-11-30 | 2014-05-14 |
| JENKINS, George Hugh | Director | 2014-05-14 | 2015-12-31 |
| KONEY, Robert, Jr | Director | 2010-11-30 | 2012-08-30 |
| WATERS, Anthony Frank | Director | 2010-11-30 | 2015-01-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Robert Charles Dart | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, Significant influence, significant-influence-or-control-as-trust | 2016-04-06 | Active |
Filing timeline
Last 20 of 77 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-04-17 RESOLUTIONS Resolution
- 2022-12-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-17 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-08-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-16 | AA | accounts | Accounts with accounts type group | |
| 2024-12-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-04 | AA01 | accounts | Change account reference date company current extended | |
| 2024-08-13 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-04-17 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-04-17 | CAP-SS | insolvency | Legacy | |
| 2024-04-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-17 | SH20 | capital | Legacy | |
| 2024-01-08 | AA | accounts | Accounts with accounts type medium | |
| 2023-12-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-23 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-12-23 | SH20 | capital | Legacy | |
| 2022-12-23 | CAP-SS | insolvency | Legacy | |
| 2022-12-23 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-30 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2022 → FY2024 · period ending 2024-06-30 vs 2022-12-31