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Fosseway Foods Limited

02910461

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

43 ROEBUCK STREET, WEST BROMWICH, B70 6RB
Incorporated 21/03/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr Hardial Sanga

director · Since 31/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Persons with Significant Control

Sanga Holdings Limited

75–100% shares

43, Roebuck Street, West Bromwich, B70 6RB

Reg: 10331548 · Companies House · Limited Company

Notified 31/03/2019

Former PSCs

Mr Ian Donald Mclean

Ceased 31/03/2019

Ann Marshall

Ceased 31/03/2019

Charges2 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 07/10/2009Registered 14/10/2009
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 27/02/2007Registered 02/03/2007
charge
satisfied

BARCLAYS BANK PLC

Created 13/05/1995Registered 24/05/1995Satisfied 23/09/2008

CompanyRankvs 332+ SIC 10710 peers
65

Financial strength93th percentile among SIC peers · 23/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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332Fosseway Foods Limited
75
How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 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

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

£357k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£359k

Working capital

Current Assets

£649k

Current Liabilities

£290k

Fixed Assets

£26k

0avg. employees-1

Tax at Year End(2019)

Corp tax£19k

Balance Sheet

Assets less current liabilities£359k
Signed by 02910461 2024-04-01 2025-03-31 02910461 2025-03-31 02910461 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.24-£4k
20242.29-£16k
20232.89-£53k
20222.81+£128k
20211.45-£92k
20201.97+£38k
20193.00+£86k
20171.72—

Derived from filed accounts. Not audited figures.