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)
- 1 outstanding charge (-2)
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
director · Since 02/10/2017
GROUP DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 4 other boards
director · Since 02/10/2017
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 2 other boards
director · Since 18/01/2021
OPERATIONS DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 6 other boards
secretary · Since 27/10/2023
Persons with Significant Control
Avon Group Manufacturing (Holdings) Limited
Avon Building Units 137 - 145, South Liberty Lane, Bristol, BS3 2TL
Reg: 03006740 · England And Wales · Private Limited Company
Notified 02/10/2017
Former PSCs
Mr Vinod Kumar Relan
Ceased 02/10/2017
Mr Neil Colin Blythe
Ceased 02/10/2017
Charges1 outstanding
BARCLAYS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 15+ SIC 22210 peers70
Show leaderboard
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 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
Tax at Year End(2019)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.94 | +£2.4M |
| 2021 | 3.12 | +£751k |
| 2020 | 3.42 | +£1.1M |
| 2019 | 2.52 | — |
Derived from filed accounts. Not audited figures.