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Fountain Frozen Limited

06430068

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MONICA HOUSE, ST AUGUSTINES ROAD, CAMBS, PE13 3AD
Incorporated 19/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46380
Wholesale of other food, including fish, crustaceans and molluscs

Officers

Kevin Wilshire

secretary · Since 19/11/2007

BRITISH · ENGLAND · Age 71

Also on 3 other boards

Kenneth Lawrence

director · Since 19/11/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Kevin Wilshire

director · Since 19/11/2007

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 3 other boards

Mrs Mary Lawrence

director · Since 08/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 89

Also on 1 other board

Mr James Lawrence

director · Since 03/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 10 other boards

Persons with Significant Control

Kevin Wilshire

Significant control

British · England · Age 71

Glaven, Well End, Wisbech, PE14 0HG

Notified 06/04/2016

Mrs Mary Lawrence

Significant control

British · England · Age 89

Laddus House, Laddus Drove, Wisbech, PE14 0LL

Notified 06/04/2016

Mr Kenneth Lawrence

Significant control

British · England · Age 74

Laddus House, Laddus Drove, Wisbech, PE14 0LL

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 14/12/2018Registered 18/12/2018
charge
satisfied

BARCLAYS BANK PLC

Created 17/11/2008Registered 22/11/2008Satisfied 13/08/2015
charge
satisfied

FOUNTAIN FOODS LIMITED

Created 21/05/2008Registered 22/05/2008Satisfied 13/08/2015
charge
satisfied

BARCLAYS BANK PLC

Created 11/02/2008Registered 16/02/2008Satisfied 13/08/2015

CompanyRankvs 16+ SIC 46380 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.72× · 20/20
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.

Employees15/15 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 directors with respect to going co

Key FinancialsYear ending 30/11/2024

Turnover

£18.9M

Annual revenue

Net Worth

£5.1M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Profit Before Tax

£141k

Bottom line earnings

Net Current Assets

£3.7M

Working capital

Current Assets

£5.9M

Current Liabilities

£2.2M

Fixed Assets

£1.5M

Debtors

£2.6M

Cost of Sales

£15.0M

Gross Profit

£3.8M

Admin Expenses

£3.8M

Operating Profit

£141k

Profit After Tax

£105k

74avg. employees+1

Tax at Year End(2022)

Corp tax£19k

People Costs

Wages & salaries£1.4M
NI contributions£138k

Balance Sheet

Assets less current liabilities£5.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.72+£105k
20232.77-£323k
20223.73+£1.7M
20193.14+£225k
20183.28

Derived from filed accounts. Not audited figures.