George Bolam (Foods) Ltd
02285114
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
28/02/2025
medium
Next accounts due
30/11/2026
Confirmation statement
Last: 11/04/2026
Due 25/04/2027
Industry
Officers
director · Since 31/12/1990
BUTCHER
BRITISH · UNITED KINGDOM · Age 81
Also on 3 other boards
Persons with Significant Control
Mr George Bolam
British · United Kingdom · Age 81
Sedgefield Industrial Estate, Salters Lane, Sedgefield, TS21 3EE
Notified 06/04/2016
Former PSCs
The Estate Of Mrs Beatrice Bolam
Ceased 30/12/2024
Charges0 outstanding
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CompanyRankvs 157+ SIC 46320 peers71
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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 director with respect to going con
Key FinancialsYear ending 28/02/2025
Turnover
£12.0M
Annual revenue
Net Worth
£3.8M
Balance sheet strength
Cash
£24k
Cash in the bank
Profit Before Tax
£284k
Bottom line earnings
Net Current Assets
£303k
Working capital
Current Assets
£1.1M
Current Liabilities
£829k
Fixed Assets
£2.8M
Debtors
£919k
Cost of Sales
£9.9M
Gross Profit
£2.1M
Admin Expenses
£1.8M
Operating Profit
£284k
Profit After Tax
£122k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.37 | +£0 |
| 2025 | 1.37 | +£92k |
| 2024 | 1.37 | +£222k |
| 2023 | 1.45 | +£200k |
| 2022 | 1.60 | -£224k |
| 2021 | 1.76 | +£725k |
| 2020 | 0.82 | +£1.4M |
| 2019 | 0.45 | — |
Derived from filed accounts. Not audited figures.