Foam Techniques Limited
02078810
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 07/08/2025
Due 21/08/2026
Industry
Officers
Les Kozel
secretary · Since 27/10/2023
Daniel Peter Draper
director · Since 27/02/2025
British
Maria Jane Lewis
director · Since 18/01/2021
British
Mark Andrew Rushin
director · Since 02/10/2017
British
Stephen Anthony Thomas
director · Since 02/10/2017
British
Former
Ashok Ravjibhai Patel
secretary · Resigned 27/10/2023
Vinod Kumar Relan
secretary · Resigned 02/10/2017
Neil Colin Blythe
director · Resigned 02/10/2017
Leslie Arthur Eddy
director · Resigned 30/11/2018
Richard John Norman
director · Resigned 01/02/2022
Ashok Ravjibhai Patel
director · Resigned 27/10/2023
Vershal Relan
director · Resigned 02/10/2017
Vinod Kumar Relan
director · Resigned 02/10/2017
CompanyRankvs 105+ SIC 22210 peers80
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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
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 31/03/2024
Turnover
£9.0M
Annual revenue
Net Worth
£9.8M
Balance sheet strength
Cash
£788k
Cash in the bank
Profit Before Tax
£819k
Bottom line earnings
Net Current Assets
£8.9M
Working capital
Current Assets
£12.0M
Current Liabilities
£3.0M
Fixed Assets
£1.0M
Debtors
£10.9M
Cost of Sales
£6.6M
Gross Profit
£2.4M
Admin Expenses
£1.3M
Operating Profit
£877k
Profit After Tax
£879k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 3.94 |
Derived from filed accounts. Not audited figures.