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Foodspeed Limited

03963404

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 7-8 HEXAGON BUSINESS CENTRE, HAYES, UB4 0TH
Incorporated 03/04/2000

Compliance

Last accounts

31/07/2025

medium

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 03/04/2026

Due 17/04/2027

On track

Industry

46330
Wholesale of dairy products, eggs and edible oils and fats

Officers

Manpreet Singh Bawa

secretary · Since 03/04/2000

British

Gurmit Kaur Bawa

director · Since 03/04/2000

British

Kabir Singh Bawa

director · Since 13/02/2024

British

Mandeep Kaur Bawa

director · Since 15/08/2005

British

Manpreet Singh Bawa

director · Since 03/04/2000

British

Former

Temple Secretaries Limited

corporate nominee secretary · Resigned 03/04/2000

Company Directors Limited

corporate nominee director · Resigned 03/04/2000

CompanyRankvs 105+ SIC 46330 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.43× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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

Going concern doubt: -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 31/07/2025

Turnover

£27.4M

Annual revenue

Net Worth

£29.5M

Balance sheet strength

Cash

£6.9M

Cash in the bank

Profit Before Tax

£5.3M

Bottom line earnings

Net Current Assets

£18.8M

Working capital

Current Assets

£21.8M

Current Liabilities

£2.9M

Fixed Assets

£10.9M

Debtors

£14.2M

Cost of Sales

£19.5M

Gross Profit

£8.0M

Admin Expenses

£4.3M

Operating Profit

£3.7M

Profit After Tax

£3.9M

65avg. employees+2

Tax at Year End

Corp tax£599k

People Costs

Wages & salaries£2.8M
NI contributions£326k

Balance Sheet

Intangible assets£4k
Assets less current liabilities£29.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.43+£3.9M
202410.93

Derived from filed accounts. Not audited figures.