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Food Services World Wide Limited

06604085

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)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

19-20 BOURNE COURT, WOODFORD GREEN, IG8 8HD
Incorporated 28/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46170
Agents involved in the sale of food, beverages and tobacco

Officers

Mr Geoffrey Michael Gillo

secretary · Since 23/12/2014

Mr Stuart Leslie Ross

director · Since 31/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 18 other boards

Mr Gavin David Withers

director · Since 01/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Persons with Significant Control

Sgl Co-Packing Limited

75–100% shares
75–100% votes
Appoint directors

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Reg: 01976061 · England · Limited Company

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 06/06/2018Registered 08/06/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 22/05/2013Registered 24/05/2013Satisfied 24/07/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/06/2011Registered 07/06/2011Satisfied 19/10/2016

CompanyRankvs 1274+ SIC 46170 peers
30

Financial strength0th percentile among SIC peers · 0/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.77× · 6/20
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 strength0/25 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.

Liquidity6/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 31/12/2024

Net Worth

-£1.2M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£4.0M

Current Liabilities

£5.2M

Fixed Assets

£4k

Debtors

£1.7M

Profit After Tax

-£1.6M

6avg. employees-3

Tax at Year End(2022)

Dividends paid£250k

Balance Sheet

Assets less current liabilities-£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77-£1.6M
20231.11-£58k
20221.13+£161k
20211.08+£70k
20201.08+£49k
20191.06-£30k
20181.10

Derived from filed accounts. Not audited figures.