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Fgs Ingredients Limited

03145946

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

22-44 BURFIELD STREET, LE4 6AL
Incorporated 15/01/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10840
Manufacture of condiments and seasonings

Officers

Mr Kiritbhai Bhailalbhai Patel

secretary · Since 17/01/1996

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 7 other boards

Mr Kiritbhai Bhailalbhai Patel

director · Since 17/01/1996

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 7 other boards

Mr Ashokkumar Bhailalbhai Patel

director · Since 15/05/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 6 other boards

Persons with Significant Control

Caskad Enterprises (Pvt) Limited

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

24/44 Burfield Road, Leicester, LE4 6AL

Reg: 01372973 · Companies House · Limited Company

Notified 06/04/2016

Charges6 outstanding

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CompanyRankvs 37+ SIC 10840 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.77× · 16/20
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.

Liquidity16/20 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 31/03/2025

Turnover

£30.9M

Annual revenue

Net Worth

£8.4M

Balance sheet strength

Cash

£50k

Cash in the bank

Profit Before Tax

£2.4M

Bottom line earnings

Net Current Assets

£9.2M

Working capital

Current Assets

£21.1M

Current Liabilities

£11.9M

Fixed Assets

£300k

Debtors

£13.3M

Cost of Sales

£22.2M

Gross Profit

£8.7M

Admin Expenses

£6.0M

Operating Profit

£2.7M

Profit After Tax

£2.3M

106avg. employees+13

Tax at Year End

Corp tax£603k
Dividends paid£125k

People Costs

Wages & salaries£3.2M
NI contributions£303k

Balance Sheet

Bank loans & overdrafts£395k
Assets less current liabilities£9.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.77+£2.2M
20241.59+£1.5M
20231.73+£450k
20222.14+£1.3M
20211.95+£1.3M
20202.00+£444k
20191.95

Derived from filed accounts. Not audited figures.