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Independent Food Market Limited

08087717

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

201/203 ROMAN ROAD, LONDON, E2 0QY
Incorporated 29/05/2012

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 29/05/2025

Due 12/06/2026

On track

Industry

47290
Other retail sale of food in specialised stores

Officers

Mehmet Guzel

director · Since 29/05/2012

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Mehmet Guzel

50–75% shares
50–75% votes

British · United Kingdom · Age 42

201-203, Roman Road, London, E2 0QY

Notified 07/04/2016

Charges5 outstanding

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outstanding

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CompanyRankvs 73+ SIC 47290 peers
78

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.77× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees14/15 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.

Longevity14/15 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 31/05/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£802k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.6M

Current Liabilities

£334k

Fixed Assets

£1.5M

Debtors

£729k

21avg. employees-2

Tax at Year End(2019)

Corp tax£52k

Balance Sheet

Bank loans & overdrafts£444k
Assets less current liabilities£2.8M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.77+£50k
20234.91+£43k
20224.48+£175k
20213.56+£520k
20203.09+£461k
20192.70+£154k
20182.18

Derived from filed accounts. Not audited figures.