Global Foods Limited
01580862
Some Concerns
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Mubarik Ali
British · Wales · Age 87
1-3 Stadium Close, Cardiff, CF11 8TS
Notified 06/04/2016
Mr Laith Fathi El-Khatib
British · Wales · Age 47
1-3 Stadium Close, Cardiff, CF11 8TS
Notified 28/10/2022
Mr Muhammad Iqbal
British · Wales · Age 78
1-3 Stadium Close, Cardiff, CF11 8TS
Notified 28/10/2022
Mr Shahid Iqbal
British · Wales · Age 60
1-3 Stadium Close, Cardiff, CF11 8TS
Notified 28/10/2022
Former PSCs
Mr Mohammed Yaqub
Ceased 28/10/2022
Charges4 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 1128+ SIC 46342 peers42
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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
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
Key FinancialsYear ending 30/04/2025
Net Worth
£18.4M
Balance sheet strength
Cash
£6.2M
Cash in the bank
Profit Before Tax
£2.7M
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£12.0M
Fixed Assets
£3.1M
Debtors
£5.9M
Cost of Sales
£105.0M
Admin Expenses
£7.4M
Profit After Tax
£2.0M
Tax at Year End
Director Loans(2022)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£1.1M |
| 2024 | — | +£3.4M |
| 2022 | 1.97 | +£1.3M |
| 2021 | 1.97 | +£324k |
| 2020 | 2.22 | — |
Derived from filed accounts. Not audited figures.