Virani Food Products Limited
01121605
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
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
director · Since 31/03/1992
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 80
Also on 2 other boards
director · Since 01/01/1994
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 3 other boards
director · Since 06/01/2023
GENERAL MANAGER
BRITISH · ENGLAND · Age 58
Also on 2 other boards
secretary · Since 09/04/2024
secretary · Since 09/04/2024
Former
director · Resigned 07/11/1992
director · Resigned 18/10/1993
director · Resigned 18/10/1993
director · Resigned 29/03/1999
director · Resigned 29/03/1999
director · Resigned 11/04/2014
secretary · Resigned 11/05/2018
secretary · Resigned 09/04/2024
Persons with Significant Control
Mr Naresh Devshi Shah
British · England · Age 80
4-5, Midland Business Units, Wellingborough, NN8 4AD
Notified 30/03/2017
Former PSCs
Caserta Holdings Limited
Ceased 30/03/2017
Samat Holdings Limited
Ceased 28/03/2018
Charges4 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
MIDLAND BANK PLC
Change History
Active
Private Limited Company
4-5 MIDLAND BUSINESS UNITS
WELLINGBOROUGH
CompanyRankvs 12+ SIC 10611 peers57
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
As further indicated in Note 3, the Company's unaudited management accounts to May 2026 indicate a substantial reduction in the continuing loss 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 support an
Key FinancialsYear ending 27/07/2025
Turnover
£23.4M
Annual revenue
Net Worth
£3.1M
Balance sheet strength
Cash
£146k
Cash in the bank
Profit Before Tax
-£1.3M
Bottom line earnings
Net Current Assets
£2.5M
Working capital
Current Assets
£9.7M
Current Liabilities
£7.2M
Fixed Assets
£711k
Debtors
£3.8M
Cost of Sales
£17.6M
Gross Profit
£5.9M
Admin Expenses
£7.0M
Operating Profit
-£972k
Profit After Tax
-£1.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.35 | -£1.3M |
| 2024 | 1.55 | -£448k |
| 2023 | 1.76 | — |
Derived from filed accounts. Not audited figures.