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Ideal Pet Foods Limited

08936794

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

THE COURTYARD, LISKEARD, PL14 3NL
Incorporated 13/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03110
Marine fishing
46390
Non-specialised wholesale of food, beverages and tobacco
47910
Retail sale via mail order houses or via Internet

Officers

Mr Michael Mcellone

director · Since 06/03/2024

FINANCE DIRECTOR

IRISH · SCOTLAND · Age 51

Also on 15 other boards

Magnus Egil Strand

director · Since 06/03/2024

COO FOOD

NORWEGIAN · NORWAY · Age 60

Frank Trearty

director · Since 06/03/2024

COMPANY DIRECTOR

IRISH · IRELAND · Age 53

Rolf Kristian Vaage

director · Since 06/03/2024

CSO FOOD/FEED

NORWEGIAN · NORWAY · Age 49

Persons with Significant Control

Ideal Foods Ltd

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

The Courtyard, Trewolland, Liskeard, PL14 3NL

Reg: 4173954 · United Kingdom · Company

Notified 01/01/2017

CompanyRankvs 451+ SIC 03110 peers
44

Financial strength2th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

-£359k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£360k

Working capital

Current Assets

£55k

Current Liabilities

£416k

Fixed Assets

£1k

Debtors

£15k

4avg. employees

Balance Sheet

Assets less current liabilities-£359k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.13-£35k
20240.39+£4k
20240.56-£70k
20230.45-£45k
20220.44
20210.28
20200.65
20190.59

Derived from filed accounts. Not audited figures.