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Fiddes Payne Limited

02678291

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O GROUP FINANCE DIRECTOR, KENT FOODS LIMITED, HUNSLET, LS10 2JH
Incorporated 16/01/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10840
Manufacture of condiments and seasonings

Officers

Mr Henry Murray Mcgarvie

secretary · Since 20/02/2025

Mr John Mcgregor Dalglish

director · Since 20/02/2025

DIRECTOR

BRITISH · SCOTLAND · Age 78

Also on 6 other boards

Persons with Significant Control

The Albex Group Limited

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

C/O Kent Foods Limited, Albex House, Paisley, PA3 2RB

Reg: Sc253524 · Companies House · Private Limited Company

Notified 20/02/2025

Former PSCs

Benjamin Vincent St John White

Ceased 20/02/2025

Charges1 outstanding

Charge
outstanding

THE ALBEX GROUP LIMITED

Created 24/02/2025Registered 27/02/2025
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 23/08/2022Registered 23/08/2022Satisfied 14/02/2025
charge
satisfied

HSBC BANK PLC

Created 06/07/2010Registered 07/07/2010Satisfied 31/01/2025
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 04/06/2010Registered 08/06/2010Satisfied 31/01/2025
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 04/06/2010Registered 08/06/2010Satisfied 31/01/2025
charge
satisfied

HSBC BANK PLC

Created 02/06/2010Registered 03/06/2010Satisfied 14/02/2025
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 15/07/2004Registered 20/07/2004Satisfied 17/03/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/08/2002Registered 30/08/2002Satisfied 15/10/2012
charge
satisfied

THE HON. PHILIP SMITH

Created 31/07/1999Registered 07/08/1999Satisfied 24/03/2012
charge
satisfied

CHRISTOPHER J V WHITE

Created 31/07/1999Registered 07/08/1999Satisfied 11/05/2010
charge
satisfied

LORD GUERNSEY

Created 31/07/1999Registered 07/08/1999Satisfied 24/03/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/02/1996Registered 27/02/1996Satisfied 27/03/2008

CompanyRankvs 105+ SIC 10840 peers
63

Financial strength87th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.87× · 6/20
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.

Employees15/15 pts

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

Liquidity6/20 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 30/06/2025

Turnover

£4.9M

Annual revenue

Net Worth

£98k

Balance sheet strength

Cash

£197k

Cash in the bank

Profit Before Tax

-£827k

Bottom line earnings

Net Current Assets

-£215k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.7M

Fixed Assets

£313k

Debtors

£914k

Cost of Sales

£3.7M

Gross Profit

£1.2M

Admin Expenses

£2.0M

Operating Profit

-£829k

37avg. employees-19

People Costs(2023)

Wages & salaries£2.0M

Balance Sheet

Assets less current liabilities£98k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87+£79k
20241.35+£0
20231.16+£0
20221.58+£0
20211.90+£0
20201.53

Derived from filed accounts. Not audited figures.