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Natco Foods Limited

00782674

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 2 SWAN BUSINESS PARK, BUCKINGHAM, MK18 1TB
Incorporated 28/11/1963

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/06/2025

Due 13/07/2026

On track

Industry

46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Mr Lekhraj Thakurdas Pagarani

director · Since 24/06/1991

MERCHANT

BRITISH · DUBAI · Age 71

Also on 5 other boards

Mr Ramesh Pohoomal Thanwani

director · Since 24/06/1991

MERCHANT

INDIAN · DUBAI · Age 79

Also on 5 other boards

Ramesh Pohoomal Thanwani

secretary · Since 12/08/2003

INDIAN

Also on 5 other boards

Mr Luke Pagarani

director · Since 18/06/2013

MERCHANT

BRITISH · UNITED KINGDOM · Age 42

Also on 7 other boards

Persons with Significant Control

The Greencliffe Foundation Ltd

Significant control

C/O Natco Cash & Carry, Silverdale Industrial Estate, Hayes, UB3 3BL

Reg: 13494049 · Company Registered In England And Wales · Companies Act 2006

Notified 07/03/2022

T Choithram & Sons (London) Limited

75–100% shares
75–100% votes

Unit 5, Silverdale Road, Hayes, UB3 3BL

Reg: 00673744 · Company Registered In England & Wales · Companies Act 2005

Notified 07/03/2022

Former PSCs

T Choithram & Sons (London) Ltd

Ceased 07/03/2022

Mr Lekhraj Thakurdas Pagarani

Ceased 07/03/2022

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 14/07/2023Registered 18/07/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 27/06/2023Registered 28/06/2023
charge
satisfied

BANK OF INDIA

Created 30/03/1993Registered 14/04/1993Satisfied 26/04/2023
charge
satisfied

BANK OF INDIA

Created 30/03/1993Registered 14/04/1993Satisfied 26/04/2023
charge
satisfied

BANK OF BARODA

Created 05/06/1991Registered 15/06/1991Satisfied 23/08/1993
charge
satisfied

BARCLAYS BANK PLC

Created 24/04/1991Registered 25/04/1991Satisfied 26/04/2023

CompanyRankvs 15+ SIC 46390 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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

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

Key FinancialsYear ending 31/12/2024

Turnover

£87.2M

Annual revenue

Net Worth

£12.7M

Balance sheet strength

Cash

£786k

Cash in the bank

Profit Before Tax

£4.5M

Bottom line earnings

Net Current Assets

£19.8M

Working capital

Current Assets

£34.2M

Current Liabilities

£14.4M

Fixed Assets

£2.5M

Debtors

£14.8M

Cost of Sales

£72.5M

Gross Profit

£14.7M

Admin Expenses

£5.0M

Operating Profit

£5.4M

Profit After Tax

£4.5M

190avg. employees+9

Tax at Year End

Dividends paid£2.4M

People Costs

Wages & salaries£5.6M
NI contributions£528k

Balance Sheet

Assets less current liabilities£22.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.38+£2.1M
20232.28-£30k
20222.37+£874k
20211.40+£236k
20201.41+£3.4M
20191.24-£55k
20181.21

Derived from filed accounts. Not audited figures.