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Fountain Foods Limited

03224610

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

THE FACTORY NEW ROAD, WISBECH, PE14 9AB
Incorporated 15/07/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mary Lawrence

secretary · Since 15/07/1996

BRITISH

Mr James Lawrence

director · Since 15/07/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 10 other boards

Mr Kenneth Lawrence

director · Since 15/07/1996

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 4 other boards

Persons with Significant Control

Mr Kenneth Lawrence

50–75% shares
50–75% votes
Appoint directors
Significant control

British · England · Age 74

Laddus House, Laddus Drove, Wisbech, PE14 0LL

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 02/02/2023Registered 06/02/2023
Charge
outstanding

ANGLIA GROWERS LIMITED

Created 31/01/2023Registered 03/02/2023
charge
satisfied

BARCLAYS BANK PLC

Created 27/10/2010Registered 03/11/2010Satisfied 22/01/2023
charge
satisfied

BARCLAYS BANK PLC

Created 11/02/2008Registered 16/02/2008Satisfied 25/04/2012

CompanyRankvs 176+ SIC 10890 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.41× · 12/20
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 strength24/25 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.

Liquidity12/20 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 30/11/2024

Turnover

£19.7M

Annual revenue

Net Worth

£2.5M

Balance sheet strength

Cash

£845k

Cash in the bank

Profit Before Tax

£413k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£5.0M

Current Liabilities

£3.6M

Fixed Assets

£1.3M

Debtors

£3.1M

Cost of Sales

£14.7M

Gross Profit

£5.0M

Admin Expenses

£5.0M

Operating Profit

£216k

Profit After Tax

£445k

80avg. employees-12

Tax at Year End

Corp tax£104k
Dividends paid£26k

People Costs

Wages & salaries£2.4M
NI contributions£229k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.41+£419k
20231.39-£395k
20221.28

Derived from filed accounts. Not audited figures.