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Asia Food Products Co. Limited

01015649

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

KINGS RD, CANVEY ISLAND, SS8 0QY
Incorporated 25/06/1971

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mr Eddie Tai

director · Since 15/03/1992

ACCOUNTANT

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Persons with Significant Control

Uk Hetai Trading Co. Ltd

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

1st Floor 6 Gerrard Street, London, W1D 5PG

Reg: 15608844 · Companies House · Limited Company

Notified 07/02/2025

Former PSCs

Mr Eddie Tai

Ceased 07/02/2025

Charges3 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 01/06/1982Registered 08/06/1982
charge
outstanding

MIDLAND BANK PLC

Created 28/09/1978Registered 02/10/1978
charge
outstanding

MIDLAND BANK PLC

Created 30/12/1971Registered 04/01/1972

CompanyRankvs 290+ SIC 10890 peers
67

Financial strength56th percentile among SIC peers · 14/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 93.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£504

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.5M

Current Liabilities

£16k

Fixed Assets

£208k

Debtors

£51k

Profit After Tax

-£12k

6avg. employees

Tax at Year End(2023)

Dividends paid£25k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202493.07
20236.64
20224.68
20214.69
20209.37
20197.29
20185.33

Derived from filed accounts. Not audited figures.