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Titan Foods Limited

04545615

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE STABLES NEW ENGLAND LANE, NEWMARKET, CB8 9HP
Incorporated 26/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands
56210
Event catering activities

Officers

Mr Steven Young

director · Since 26/09/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 5 other boards

Judith Ann Young

secretary · Since 18/05/2006

SHOP MANAGER

BRITISH · Age 76

Persons with Significant Control

Mr Steven Young

50–75% shares
75–100% votes

British · England · Age 79

The Stables, New England Lane, Newmarket, CB8 9HP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/03/2007Registered 31/03/2007

CompanyRankvs 1439+ SIC 56102 peers
67

Financial strength75th percentile among SIC peers · 19/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.61× · 16/20
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 strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£50k

Working capital

Current Assets

£117k

Current Liabilities

£72k

Fixed Assets

£10k

8avg. employees-1

Balance Sheet

Assets less current liabilities£60k
Signed by 04545615 2023-10-01 2024-10-31 04545615 2024-10-31 04545615 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.61+£12k
20231.50-£17k
20222.04+£26k
20211.07+£34k
20200.70-£36k
20190.73-£38k
20181.05

Derived from filed accounts. Not audited figures.