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Giro Food Limited

00947901

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

WELCOME HOUSE, BIRMINGHAM, B9 4EP
Incorporated 13/02/1969

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mrs Tasleam Akhter Akram

director · Since 03/07/1991

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 14 other boards

Mr Mohammed Imtiaz Sarwar

director · Since 03/07/1991

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 11 other boards

Mr Mohammed Javed Sarwar

director · Since 03/07/1991

DIRECTOR

ENGLISH · ENGLAND · Age 66

Also on 14 other boards

Mr Mohammed Ifticar Sarwar

director · Since 01/04/1996

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mrs Carol Seal

secretary · Since 01/10/2013

Mr Hasnain Khaki

director · Since 01/10/2013

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Mohammed Javed Sarwar

Significant control
significant-influence-or-control-as-firm

English · England · Age 66

Welcome House, Birmingham, B9 4EP

Notified 06/04/2016

Mr Mohammed Imtiaz Sarwar

Significant control
significant-influence-or-control-as-firm

British · England · Age 61

Welcome House, Birmingham, B9 4EP

Notified 22/06/2022

Mr Mohammed Ifticar Sarwar

Significant control

British · England · Age 57

Welcome House, Birmingham, B9 4EP

Notified 22/06/2022

Mrs Tasleam Akhter Akram

Significant control
significant-influence-or-control-as-firm

British · England · Age 67

Welcome House, Birmingham, B9 4EP

Notified 22/06/2022

Charges2 outstanding

Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 18/04/2023Registered 20/04/2023
Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 18/04/2023Registered 19/04/2023
Charge
satisfied

AIB GROUP (UK) PLC T/A ALLIED IRISH BANK (GB)

Created 19/01/2018Registered 24/01/2018Satisfied 16/05/2023
Charge
satisfied

AIB GROUP (UK) P.L.C.

Created 18/01/2018Registered 22/01/2018Satisfied 17/05/2023
Charge
satisfied

AIB GROUP (UK) P.L.C.

Created 18/01/2018Registered 22/01/2018Satisfied 16/05/2023
Charge
satisfied

ATOM BANK PLC

Created 16/10/2017Registered 19/10/2017Satisfied 18/05/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 15/01/2015Registered 23/01/2015Satisfied 31/01/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 15/01/2015Registered 22/01/2015Satisfied 21/04/2017
Charge
satisfied

BARCLAYS BANK PLC

Created 15/01/2015Registered 22/01/2015Satisfied 19/02/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 05/12/2014Registered 11/12/2014Satisfied 31/01/2018
charge
satisfied

HSBC BANK PLC

Created 03/10/2012Registered 06/10/2012Satisfied 08/01/2015
charge
satisfied

HSBC BANK PLC

Created 04/10/2012Registered 06/10/2012Satisfied 09/01/2015
charge
satisfied

HSBC BANK PLC

Created 02/08/2012Registered 04/08/2012Satisfied 08/01/2015
charge
satisfied

HSBC BANK PLC

Created 31/12/2010Registered 05/01/2011Satisfied 30/01/2015
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 05/11/2010Registered 09/11/2010Satisfied 18/01/2015
charge
satisfied

MIDLAND BANK PLC

Created 20/07/1999Registered 31/07/1999Satisfied 18/01/2015
charge
satisfied

MIDLAND BANK PLC

Created 06/07/1999Registered 10/07/1999Satisfied 18/01/2015
charge
satisfied

LLOYDS BANK PLC

Created 06/02/1986Registered 12/02/1986Satisfied 17/09/2004
charge
satisfied

LLOYDS BANK PLC

Created 07/02/1985Registered 12/02/1985Satisfied 17/09/2004
charge
satisfied

LLOYDS BANK PLC

Created 07/02/1985Registered 12/02/1985Satisfied 17/09/2004
charge
satisfied

MCMICKEN & HINDS LIMITED

Created 06/10/1981Registered 13/10/1981Satisfied 10/12/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/06/1981Registered 10/07/1981
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/06/1981Registered 10/07/1981

CompanyRankvs 373+ SIC 56290 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.63× · 16/20
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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373Giro Food Limited
82
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.

Liquidity16/20 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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 c

Key FinancialsYear ending 31/05/2024

Net Worth

£6.0M

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£5.2M

Working capital

Current Assets

£13.4M

Current Liabilities

£8.3M

Fixed Assets

£993k

Debtors

£9.2M

Profit After Tax

£171k

27avg. employees+3

Tax at Year End(2022)

Corp tax£13k

People Costs(2022)

Wages & salaries£2.5M

Balance Sheet

Bank loans & overdrafts£615k
Assets less current liabilities£6.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.63+£171k
20231.68+£545k
20221.59+£184k
20211.68+£139k
20201.46+£103k
20191.46—

Derived from filed accounts. Not audited figures.