Aib Foods Limited
07023183
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/09/2009
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 1 other board
director · Since 26/06/2013
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 11 other boards
Persons with Significant Control
Mr Khalid Amin Parvez
British · England · Age 60
Amin House, Culwell Trading Estate, Wolverhampton, WV10 0PG
Notified 06/04/2016
Charges3 outstanding
HSBC INVOICE FINANCE (UK) LIMITED
K PARVEZ
HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD
HSBC BANK PLC
CompanyRankvs 160+ SIC 10890 peers62
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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.
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 31/07/2024
Turnover
£49.4M
Annual revenue
Net Worth
£4.6M
Balance sheet strength
Cash
£449k
Cash in the bank
Profit Before Tax
£914k
Bottom line earnings
Net Current Assets
£4.7M
Working capital
Current Assets
£25.7M
Current Liabilities
£21.0M
Fixed Assets
£3.5M
Debtors
£10.2M
Cost of Sales
£41.0M
Gross Profit
£8.4M
Admin Expenses
£5.3M
Operating Profit
£1.5M
Profit After Tax
£589k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.22 | +£589k |
| 2023 | 1.32 | — |
Derived from filed accounts. Not audited figures.