Back to search

Freshasia Foods Ltd

05287595

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

21 HAILEY ROAD, ERITH, DA18 4AA
Incorporated 16/11/2004

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

10110
Processing and preserving of meat
10130
Production of meat and poultry meat products
46170
Agents involved in the sale of food, beverages and tobacco
46320
Wholesale of meat and meat products

Officers

Mr Jian Lan

director · Since 16/11/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Jian Lan

75–100% shares

British · England · Age 51

21, Hailey Road, Erith, DA18 4AA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/04/2022Registered 26/04/2022
Charge
outstanding

HSBC UK BANK PLC

Created 19/11/2020Registered 25/11/2020
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/04/2015Registered 30/04/2015Satisfied 08/04/2021
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 31/03/2015Registered 08/04/2015Satisfied 08/04/2021
Charge
satisfied

FE LOAN MANAGEMENT LIMITED

Created 16/06/2014Registered 18/06/2014Satisfied 08/04/2021
charge
satisfied

TILFEN LAND LIMITED

Created 16/03/2012Registered 21/03/2012Satisfied 08/04/2021
charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 28/09/2011Registered 29/09/2011Satisfied 26/06/2018

CompanyRankvs 50+ SIC 10110 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 4.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees5/15 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

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 director with respect to g

Key FinancialsYear ending 31/03/2025

Net Worth

£10.0M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

£654k

Bottom line earnings

Net Current Assets

£9.2M

Working capital

Current Assets

£11.9M

Current Liabilities

£2.7M

Fixed Assets

£1.1M

Debtors

£4.0M

Admin Expenses

£7.3M

Profit After Tax

£581k

1avg. employees-133

Tax at Year End

Corp tax£245k
Dividends paid£75k

People Costs

Wages & salaries£4.1M

Balance Sheet

Intangible assets£2
Bank loans & overdrafts£990k
Assets less current liabilities£10.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.40+£506k
20242.80+£1.2M
20233.20+£1.4M
20223.15+£1.6M
20213.23+£1.1M
20202.62+£1.2M
20192.07

Derived from filed accounts. Not audited figures.