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Pet Foods Plus Ltd

05653487

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

18B BALDERTON GATE, NEWARK, NG24 1UF
Incorporated 14/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47760
Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores

Officers

Mrs Susan Thornhill

secretary · Since 06/01/2006

TEACHER

BRITISH · UNITED KINGDOM · Age 76

Also on 2 other boards

Mr Martin Thornhill

director · Since 06/01/2006

DIRECTOR

BRITISH · ENGLAND · Age 73

Mrs Susan Thornhill

director · Since 06/01/2006

TEACHER

BRITISH · ENGLAND · Age 76

Also on 2 other boards

Mr Matthew Wells

director · Since 11/11/2009

SHOP MANAGER

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Matthew Wells

25–50% shares
25–50% votes

British · England · Age 53

18b, Balderton Gate, Newark, NG24 1UF

Notified 06/04/2016

Former PSCs

Mr Martin Thornhill

Ceased 16/10/2017

Mrs Susan Thornhill

Ceased 16/10/2017

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 02/06/2006Registered 23/06/2006

CompanyRankvs 2611+ SIC 47760 peers
34

Financial strength7th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.5× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2611Pet Foods Plus Ltd
44
How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/03/2025

Net Worth

-£41k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£30k

Current Liabilities

£59k

Fixed Assets

£53k

Debtors

£1k

3avg. employees+1

Director Loans

Company owes directors£14k

Balance Sheet

Assets less current liabilities£23k
Signed by Mr Matthew Wells 16/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.50+£10k
20240.41-£3k
20230.49-£36k
20221.42-£45k
20213.30—

Derived from filed accounts. Not audited figures.