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Medsun Food Limited

02595510

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

493 GREEN LANES, LONDON, N4 1AL
Incorporated 26/03/1991

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Mehmet Yasar Halim

director · Since 24/11/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 9 other boards

Persons with Significant Control

Mr Mehmet Yasar Halim

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

British · England · Age 60

179 Creighton Avenue, London, N2 9BL

Notified 12/11/2020

Former PSCs

Mr Mestan Yasar Halim

Ceased 28/01/2020

Charges2 outstanding

charge
outstanding

LLOYDS TSB

Created 19/10/2009Registered 04/11/2009
charge
outstanding

LLOYDS TSB BANK PLC

Created 15/10/2009Registered 16/10/2009

CompanyRankvs 12112+ SIC 47110 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.17× · 2/20
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 strength1/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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

-£132k

Balance sheet strength

Cash

£129

Cash in the bank

Net Current Assets

-£453k

Working capital

Current Assets

£93k

Current Liabilities

£546k

Fixed Assets

£334k

Debtors

£53k

Profit After Tax

-£93k

12avg. employees

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities-£119k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.17-£93k
20240.34-£97k
20230.47-£60k
20220.50-£14k
20210.64-£23k
20200.61-£246k
20191.04

Derived from filed accounts. Not audited figures.