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Kedem Europe Limited

02803383

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

6 BRUCE GROVE, LONDON, N17 6RA
Incorporated 25/03/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46342
46342
46900
Non-specialised wholesale trade

Officers

Mr Mordecai Halpern

director · Since 25/03/1993

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 25 other boards

Mr Benjamin Stern

secretary · Since 21/06/2007

FOOD WHOLESALER

BRITISH · UNITED KINGDOM · Age 55

Also on 14 other boards

Mr Morris Herzog

director · Since 21/06/2007

SALESMAN

BRITISH · UNITED KINGDOM · Age 48

Also on 13 other boards

Mr Benjamin Stern

director · Since 01/02/2010

FOOD DISTRIBUTOR

BRITISH · ENGLAND · Age 55

Also on 14 other boards

Morris Herzog

secretary · Since 26/07/2016

Persons with Significant Control

Mr Morris Herzog

25–50% shares

British · England · Age 48

6, Bruce Grove, London, N17 6RA

Notified 23/03/2017

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 20/10/2017Registered 26/10/2017
charge
outstanding

ASIATIC CARPETS LIMITED

Created 18/07/2012Registered 28/07/2012
charge
outstanding

MIDLAND BANK PLC

Created 15/10/1993Registered 18/10/1993

CompanyRankvs 12+ SIC 46342 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -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 directors with respect to going co

Key FinancialsYear ending 31/08/2024

Turnover

£10.9M

Annual revenue

Net Worth

£5.1M

Balance sheet strength

Cash

£3.9M

Cash in the bank

Profit Before Tax

£992k

Bottom line earnings

Net Current Assets

£5.1M

Working capital

Current Assets

£8.2M

Current Liabilities

£3.2M

Fixed Assets

£108k

Debtors

£2.3M

Cost of Sales

£8.4M

Gross Profit

£2.6M

Admin Expenses

£479k

Operating Profit

£946k

Profit After Tax

£716k

18avg. employees

Tax at Year End

Dividends paid£784k

People Costs

Wages & salaries£428k

Balance Sheet

Assets less current liabilities£5.2M
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.59
20233.21
20222.37
20212.40
20202.29
20192.33
20182.30

Derived from filed accounts. Not audited figures.