Food Development Company Limited
07010433
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 19/09/2025
Due 03/10/2026
Industry
Officers
secretary · Since 07/09/2009
BRITISH · ENGLAND · Age 84
Also on 3 other boards
director · Since 07/09/2009
CHARTERED MANAGEMENT ACCOUNTANT
BRITISH · ENGLAND · Age 84
Also on 3 other boards
director · Since 07/09/2009
MANAGEMENT CONSULTANT
BRITISH · ENGLAND · Age 75
Also on 3 other boards
Persons with Significant Control
Former PSCs
Belmont Management Consultants Ltd
Ceased 08/09/2024
Salama Ltd
Ceased 17/09/2024
CompanyRankvs 42+ SIC 10320 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£494k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£42k
Working capital
Current Assets
£11k
Current Liabilities
£53k
Fixed Assets
£537k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.20 | +£66k |
| 2023 | 7.56 | +£7k |
| 2022 | 0.11 | -£9k |
| 2021 | 0.70 | -£132k |
| 2020 | 0.63 | +£98k |
| 2019 | 0.26 | +£3k |
| 2018 | 2.60 | — |
Derived from filed accounts. Not audited figures.