Back to search

Althams Fine Foods Ltd

09801268

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

MRS JC ALTHAM & SONS (MORECAMBE) LTD NORTHGATE, MORECAMBE, LA3 3AY
Incorporated 30/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10850
Manufacture of prepared meals and dishes

Officers

Mr James Carr Altham

director · Since 30/09/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Mr Richard Charles Altham

director · Since 30/09/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 4 other boards

Persons with Significant Control

Althams Food Group Limited

75–100% shares
75–100% votes

Priory Close, St Mary's Gate, Lancaster, LA1 1XB

Reg: 12157407 · England And Wales · Limited

Notified 01/11/2019

Former PSCs

Mr James Carr Altham

Ceased 01/11/2019

Mr Richard Charles Altham

Ceased 01/11/2019

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/07/2020Registered 09/07/2020
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 25/08/2016Registered 26/08/2016

CompanyRankvs 403+ SIC 10850 peers
36

Financial strength5th percentile among SIC peers · 1/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£223k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

£335k

Working capital

Current Assets

£734k

Current Liabilities

£399k

Fixed Assets

£1.1M

Debtors

£345k

0avg. employees-31

Balance Sheet

Intangible assets£35k
Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.84+£99k
20241.20-£60k
20231.10-£311k
20221.86+£18k
20211.74+£358k
20201.03+£154k
20190.78

Derived from filed accounts. Not audited figures.