Absolute Taste Limited
03308362
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/11/2009
NONE
BRITISH · ENGLAND · Age 51
Also on 2 other boards
director · Since 30/12/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
director · Since 01/04/2021
DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 19 other boards
Persons with Significant Control
The Proper Food And Drink Company Limited
The Shed, Charbridge Lane, Bicester, OX26 4SS
Reg: 11448077 · England · Limited
Notified 01/09/2020
Former PSCs
The Proper Food And Drink Company Limited
Ceased 01/09/2020
Charges3 outstanding
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LIMITED
HSBC UK BANK PLC
RBS INVOICE FINANCE LTD
COUTTS & COMPANY
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 320+ SIC 10850 peers31
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Key FinancialsYear ending 31/03/2023
Net Worth
-£7.6M
Balance sheet strength
Cash
£1.7M
Cash in the bank
Profit Before Tax
-£591k
Bottom line earnings
Net Current Assets
-£5.7M
Working capital
Current Assets
£10.6M
Current Liabilities
£16.3M
Fixed Assets
£527k
Debtors
£7.3M
Cost of Sales
£25.2M
Admin Expenses
£10.4M
Profit After Tax
-£157k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.65 | -£157k |
| 2022 | 0.62 | -£1.1M |
| 2021 | 0.54 | -£7.6M |
| 2019 | 1.04 | — |
Derived from filed accounts. Not audited figures.