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Premium Quality Foods Ltd.

03421973

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 17 outstanding charges (-10)

Details

251 Ilford Lane, Ilford, Essex, IG1 2SB
Incorporated 19/08/1997

Compliance

Last accounts

31/12/2024

audited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/04/2026

Due 03/05/2027

On track

Industry

46320
Wholesale of meat and meat products
68209
Other letting and operating of own or leased real estate

Officers

Mr Abdul Wahid

director · Since 19/08/1997

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 79 other boards

Mr Abdul Wahid

secretary · Since 21/04/2005

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 79 other boards

Mr Imran Ali Wahid

director · Since 18/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 16 other boards

Abdul Wahid

director · Since 19/08/1997

British · England · Age 72

Abdul Wahid

secretary · Since 21/04/2005

British

Imran Ali Wahid

director · Since 18/11/2021

British · England · Age 50

Former

Temple Secretaries Limited

corporate nominee secretary · Resigned 19/08/1997

Company Directors Limited

corporate nominee director · Resigned 19/08/1997

Amjad Ali Malik

secretary · Resigned 21/04/2005

Shahid Hussain Wahid

director · Resigned 01/01/2009

Zahid Hussain Wahid

director · Resigned 01/01/2013

Persons with Significant Control

Mr Abdul Wahid

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm

British · England · Age 72

251 Ilford Lane, Essex, IG1 2SB

Notified 01/05/2017

Charges17 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 18/11/2025Registered 20/11/2025
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 10/10/2025Registered 10/10/2025
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 10/10/2025Registered 10/10/2025
Charge
outstanding

ALLICA BANK LIMITED

Created 29/07/2025Registered 30/07/2025
Charge
satisfied

TUSCAN CAPITAL LIMITED

Created 12/12/2024Registered 19/12/2024Satisfied 01/08/2025
Charge
satisfied

TUSCAN CAPITAL LIMITED

Created 12/12/2024Registered 19/12/2024Satisfied 01/08/2025
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/10/2024Registered 14/11/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/10/2024Registered 13/11/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/10/2024Registered 13/11/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/10/2024Registered 25/10/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/10/2024Registered 25/10/2024
Charge
outstanding

BANK OF SCOTLAND PLC

Created 22/10/2024Registered 24/10/2024
Charge
outstanding

LLOYDS BANK PLC

Created 22/12/2023Registered 22/12/2023
Charge
outstanding

BANK OF SCOTLAND PLC

Created 23/05/2017Registered 23/05/2017
Charge
outstanding

BANK OF SCOTLAND PLC

Created 05/09/2016Registered 12/09/2016
Charge
outstanding

BANK OF SCOTLAND PLC

Created 26/02/2014Registered 27/02/2014
Charge
outstanding

BANK OF SCOTLAND PLC

Created 26/02/2014Registered 27/02/2014
charge
outstanding

BARCLAYS BANK PLC

Created 14/10/2004Registered 28/10/2004
charge
outstanding

BARCLAYS BANK PLC

Created 31/07/2000Registered 04/08/2000

Change History

statusactive
2026-08-07

Active

typeltd
2026-08-07

Private Limited Company

address line1251 Ilford Lane
2026-08-07

251 ILFORD LANE

post townEssex
2026-08-07

ESSEX

officer appointedWAHID, Abdul
2026-08-07
officer appointedWAHID, Abdul
2026-08-07
officer appointedWAHID, Imran Ali
2026-08-07

CompanyRankvs 191+ SIC 46320 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees13/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£6.5M

Balance sheet strength

Cash

£202k

Cash in the bank

Net Current Assets

£404k

Working capital

Current Assets

£1.3M

Current Liabilities

£898k

Fixed Assets

£10.3M

Debtors

£852k

16avg. employees

Balance Sheet

Assets less current liabilities£10.7M
Signed by Mr Abdul Wahid 09/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.45+£50k
20232.03

Derived from filed accounts. Not audited figures.