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Foodart Uk Limited

05936218

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

UNIT 3B BRIMSDOWN INDUSTRIAL ESTATE, ENFIELD, EN3 7PY
Incorporated 15/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Mr Emrah Sahbaz

director · Since 21/09/2006

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Persons with Significant Control

Mr Emrah Sahbaz

75–100% shares
75–100% votes

British · England · Age 47

60, Westmeade Close Rosedale, Waltham Cross, EN7 6JR

Notified 12/09/2016

Charges7 outstanding

Charge
outstanding

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CompanyRankvs 74+ SIC 46390 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.65× · 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 strength23/25 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 30/11/2024

Net Worth

£864k

Balance sheet strength

Cash

£160k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.1M

Current Liabilities

£579k

Fixed Assets

£1.5M

Debtors

£1.1M

25avg. employees+4

Balance Sheet

Bank loans & overdrafts£17k
Assets less current liabilities£3.0M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.65+£82k
20234.88+£181k
202218.73+£60k
202134.97

Derived from filed accounts. Not audited figures.