Virani Food Products Limited
01121605
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
28/07/2024
medium
Next accounts due
31/07/2026
Confirmation statement
Last: 31/03/2026
Due 14/04/2027
Industry
Officers
Abhishek Prafulkumar Chhag
secretary · Since 09/04/2024
Mark Russell
director · Since 06/01/2023
British
Milan Shah
director · Since 01/01/1994
British
Naresh Devshi Shah
director
British
Tanoj Shah
director · Since 01/05/1994
British
Former
Nareshbabu Devshi Shah
secretary · Resigned 11/05/2018
Dawn Mary Turpin
secretary · Resigned 09/04/2024
Zaverchand Narshi Maru
director · Resigned 07/11/1992
Arunkumar Kishorial Shah
director · Resigned 18/10/1993
Devshi Samat Shah
director · Resigned 29/03/1999
Dhirendrakumar Kishorelal Shah
director · Resigned 18/10/1993
Jivraj Samat Shah
director · Resigned 29/03/1999
Ranjan Nareshbabu Shah
director · Resigned 11/04/2014
CompanyRankvs 105+ SIC 10611 peers74
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
assets of £4,417,670. As further indicated in Note 2, the Company's unaudited management accounts to March 2025 show further substantial losses before tax. The Company's ability to continue as a going concern is dependent on management being able to successfully implement measures to address the continuing losses and to improve liquidity, as well as on the continued availability of bank suppor
Key FinancialsYear ending 28/07/2024
Turnover
£21.4M
Annual revenue
Net Worth
£4.4M
Balance sheet strength
Cash
£120k
Cash in the bank
Profit Before Tax
-£348k
Bottom line earnings
Net Current Assets
£3.7M
Working capital
Current Assets
£10.4M
Current Liabilities
£6.7M
Fixed Assets
£860k
Debtors
£4.1M
Cost of Sales
£15.7M
Gross Profit
£5.7M
Admin Expenses
£5.9M
Operating Profit
-£180k
Profit After Tax
-£388k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.55 | -£448k |
| 2023 | 1.76 | — |
Derived from filed accounts. Not audited figures.