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Cleone Foods Limited

02264840

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

50 ICKNIELD STREET, BIRMINGHAM, B18 5AY
Incorporated 06/06/1988

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/12/2025

Due 03/01/2027

On track

Industry

10130
Production of meat and poultry meat products
10200
Processing and preserving of fish, crustaceans and molluscs
10390
Other processing and preserving of fruit and vegetables

Officers

Mr Wade Cleone Lyn

director · Since 20/12/1990

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 11 other boards

Miss Cleo Alexandria Lyn

secretary · Since 19/03/2014

Also on 3 other boards

Miss Cleo Alexandria Lyn

director · Since 01/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Persons with Significant Control

Mr Wade Cleone Lyn

75–100% shares
75–100% votes
Appoint directors

British · England · Age 66

50 Icknield Street, Birmingham, B18 5AY

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/09/2021Registered 29/09/2021
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 14/11/2011Registered 15/11/2011Satisfied 17/11/2016
charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 14/11/2011Registered 15/11/2011
charge
satisfied

BARCLAYS BANK PLC

Created 03/07/2008Registered 10/07/2008Satisfied 17/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 06/05/2003Registered 12/05/2003Satisfied 17/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 13/11/1991Registered 29/11/1991Satisfied 17/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 01/12/1989Registered 07/12/1989Satisfied 17/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 14/11/1989Registered 22/11/1989Satisfied 08/01/2000

CompanyRankvs 184+ SIC 10130 peers
58

Financial strength86th percentile among SIC peers · 22/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£968k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£611k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.7M

Fixed Assets

£575k

Debtors

£1.8M

1avg. employees-68

Tax at Year End

Corp tax£41k

Balance Sheet

Intangible assets£1k
Bank loans & overdrafts£435k
Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.35+£305k
20241.24-£22k
20231.19-£324k
20221.41+£211k
20211.20+£288k
20201.05+£205k
20190.91-£200k
20171.12

Derived from filed accounts. Not audited figures.