Pillaton Foods Limited
10127140
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/12/2022
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 6 other boards
Persons with Significant Control
Mr James Richard Corbett
British · England · Age 47
Church Farm, Church Lane, Cannock, WS11 1RR
Notified 28/10/2024
Former PSCs
Mr Richard Gerard Corbett
Ceased 23/10/2024
Mr Richard Gerard Heaton Corbett
Ceased 28/10/2024
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 718+ SIC 01470 peers25
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£629k
Balance sheet strength
Cash
£90k
Cash in the bank
Net Current Assets
-£2.3M
Working capital
Current Assets
£1.5M
Current Liabilities
£3.8M
Fixed Assets
£4.2M
Debtors
£1.3M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.39 | +£378k |
| 2024 | 0.17 | -£31k |
| 2023 | 0.55 | -£173k |
| 2022 | 0.42 | +£19k |
| 2021 | 0.43 | +£148k |
| 2020 | 0.38 | — |
Derived from filed accounts. Not audited figures.