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Marathon Food Limited

02038859

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

27 COMMERCIAL ROAD, LONDON, N18 1TP
Incorporated 18/07/1986

Compliance

Last accounts

27/12/2025

small

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 03/07/2025

Due 17/07/2026

On track

Industry

46341
46341
46342
46342
46380
Wholesale of other food, including fish, crustaceans and molluscs

Officers

Yvan Borgne

director · Since 25/02/2021

EXPORT COMMERCIAL DIRECTOR - LAITA CONSU

FRENCH · FRANCE · Age 53

Also on 1 other board

Jean-Marie Le Bris

director · Since 25/02/2021

GENERAL MANAGER - LAITA CONSUMER FOODS

FRENCH · FRANCE · Age 51

Also on 1 other board

Persons with Significant Control

Marathon Collective Limited

75–100% shares

27, Commercial Road, London, N18 1TP

Reg: 12451069 · England And Wales · Private Limited Company

Notified 31/03/2020

Former PSCs

Ms Sotera Papanicolaou

Ceased 31/03/2020

Marathon Papa Properties Ltd

Ceased 31/03/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 25/08/2021Registered 26/08/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 03/06/2013Registered 06/06/2013Satisfied 11/03/2021

CompanyRankvs 15+ SIC 46341 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 24.17× · 20/20
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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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.

Employees14/15 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

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 going co

Key FinancialsYear ending 28/12/2024

Turnover

£6.2M

Annual revenue

Net Worth

£6.8M

Balance sheet strength

Cash

£4.9M

Cash in the bank

Profit Before Tax

£311k

Bottom line earnings

Net Current Assets

£6.7M

Working capital

Current Assets

£7.0M

Current Liabilities

£291k

Fixed Assets

£60k

Debtors

£682k

Cost of Sales

£4.8M

Gross Profit

£1.4M

Admin Expenses

£1.1M

Operating Profit

£256k

Profit After Tax

£232k

13avg. employees

Tax at Year End(2022)

Corp tax£761k

People Costs

Wages & salaries£499k
NI contributions£47k

Balance Sheet

Assets less current liabilities£6.8M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
202424.17+£232k
202318.50+£575k
20223.40
20214.85
20202.31
20203.59
20198.76
20172.63

Derived from filed accounts. Not audited figures.