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Food Innovation Solutions Limited

07466651

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

UNIT 10 BRUNEL BUSINESS COURT, BURY ST EDMUNDS, IP32 7AJ
Incorporated 10/12/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Michael Johnston Faers

secretary · Since 10/12/2010

BRITISH

Mr Michael Johnston Faers

director · Since 10/12/2010

NONE

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Miss Kelly Marie Dowson

director · Since 06/04/2015

CONSULTANT

BRITISH · ENGLAND · Age 42

Also on 5 other boards

Persons with Significant Control

Fis Group Limited

75–100% shares

Unit 10, Brunel Business Court, Bury St Edmunds, IP32 7AJ

Reg: 10636303 · Register Of Companies In England And Wales · Private Company Limited By Shares

Notified 02/06/2017

Former PSCs

Mr Michael Johnston Faers

Ceased 02/06/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 03/01/2024Registered 03/01/2024
Charge
outstanding

LLOYDS BANK PLC

Created 03/01/2024Registered 03/01/2024

CompanyRankvs 107353+ SIC 70229 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.29× · 2/20
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 strength0/25 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.

Liquidity2/20 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 31/12/2024

Net Worth

-£1.7M

Balance sheet strength

Cash

£437k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£498k

Current Liabilities

£1.7M

Fixed Assets

£16k

Debtors

£61k

6avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£1.3M
20230.54
20213.40
20203.97
20193.64
20182.97

Derived from filed accounts. Not audited figures.