Food Specialties (U.K.) Limited
02329489
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Suchir Swarup
Canadian · Canada · Age 47
19 High Street, Pershore, WR10 1AA
Notified 01/12/2023
Former PSCs
Mr Russell George Morley
Ceased 11/03/2023
Mr Russell David Morley
Ceased 01/12/2023
CompanyRankvs 1159+ SIC 10890 peers55
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
-£45k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£25k
Working capital
Current Assets
£32k
Current Liabilities
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.43 | +£16k |
| 2023 | 4.15 | +£4k |
| 2022 | 4.41 | +£7k |
| 2021 | 3.66 | +£9k |
| 2020 | 2.86 | -£16k |
| 2019 | 3.82 | +£13k |
| 2018 | 7.16 | — |
Derived from filed accounts. Not audited figures.