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Adz Food Distribution Limited

05215503

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

UNIT 3, CAMBRIAN BUSINESS PARK, BOLTON, BL3 6JF
Incorporated 26/08/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Mr Mohammad Idrees

director · Since 26/08/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 9 other boards

Persons with Significant Control

Mr Mohammad Idrees

75–100% shares
75–100% votes
Appoint directors
Significant control

British · United Kingdom · Age 61

Unit 3, Cambrian Business Park, Derby Street, Bolton, BL3 6JF

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/03/2005Registered 06/04/2005

CompanyRankvs 560+ SIC 46390 peers
62

Financial strength33th percentile among SIC peers · 8/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.04× · 20/20
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 strength8/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

£100

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.7M

Current Liabilities

£677k

Fixed Assets

£68k

Debtors

£1.7M

12avg. employees+7

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.04
20233.00
20224.47+£230k
20214.23+£226k
20203.84+£175k
20192.83+£252k
20182.47

Derived from filed accounts. Not audited figures.