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Recipe Products Ltd

09465430

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

280 BISHOPSGATE, LONDON, EC2M 4AG
Incorporated 02/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Nicolas Garcia

director · Since 22/04/2022

COMPANY DIRECTOR

ITALIAN · SWITZERLAND · Age 52

Brian Lee Grass

director · Since 27/04/2023

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 56

Wayne Crews Lott

director · Since 16/04/2026

AMERICAN · UNITED STATES · Age 60

Also on 2 other boards

Persons with Significant Control

Helen Of Troy Limited

75–100% shares
75–100% votes
Appoint directors

Clarendon House, 2 Church Street, Hamilton

Reg: 18921 · Registrar Of Companies, Government Of Bermuda · Company Limited By Shares

Notified 22/04/2022

Former PSCs

Mr Michal Berski

Ceased 22/04/2022

CompanyRankvs 3331+ SIC 32990 peers
63

Financial strength100th percentile among SIC peers · 25/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.76× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3331Recipe Products Ltd
73
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.

Employees2/15 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.

Longevity11/15 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

Going concern doubt: -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

Key FinancialsYear ending 28/02/2025

Net Worth

£22.9M

Balance sheet strength

Cash

£486k

Cash in the bank

Profit Before Tax

£3.7M

Bottom line earnings

Net Current Assets

£22.9M

Working capital

Current Assets

£31.2M

Current Liabilities

£8.3M

Fixed Assets

£4k

Debtors

£30.7M

Admin Expenses

£11.3M

Profit After Tax

£2.5M

0avg. employees-11

Tax at Year End

Corp tax£171k
Dividends paid£151

People Costs

Wages & salaries£1.3M

Balance Sheet

Intangible assets£2k
Assets less current liabilities£22.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.76+£13.7M
20216.57+£6.4M
20204.80—
20196.16—

Derived from filed accounts. Not audited figures.