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Foodchain Id Technical Services Limited

05812436

active
Private Limited Company
england wales
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)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BLACKBROOK HALL, LICHFIELD, WS14 0PS
Incorporated 10/05/2006

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/05/2026

Due 24/05/2027

On track

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Chetan Parmar

director · Since 14/01/2020

SENIOR VICE PRESIDENT EMEA

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Ms Emma West

director · Since 03/11/2020

GENERAL MANAGER

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Persons with Significant Control

Former PSCs

Foodchain Id Group Inc.

Ceased 06/04/2016

Charges1 outstanding

Charge
outstanding

GOLUB CAPITAL MARKETS LLC

Created 07/12/2021Registered 09/12/2021

CompanyRankvs 10179+ SIC 74909 peers
51

Financial strength100th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees14/15 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

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

into consideration the resources available to the Group of which the Company is a part, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. 2.4 Foreign currency translation Functional and presentation currency The Company 's functional and presentational currency is GBP . Tr

Key FinancialsYear ending 31/12/2024

Net Worth

£6.0M

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

-£9.5M

Working capital

Current Assets

£643k

Current Liabilities

£10.1M

Fixed Assets

£20.9M

Debtors

£590k

4avg. employees

Balance Sheet

Assets less current liabilities£11.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20240.06

Derived from filed accounts. Not audited figures.