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Finedale Foods Ltd

10628864

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

7 THE CLOSE, NORWICH, NR1 4DJ
Incorporated 20/02/2017

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

10890
Manufacture of other food products

Officers

Mr Edward Donald Miles

director · Since 21/02/2017

CONSULTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 5 other boards

Persons with Significant Control

The Finedale Group Ltd

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

7, The Close, Norwich, NR1 4DJ

Notified 24/11/2020

Former PSCs

Mr Edward Donald Miles

Ceased 24/11/2020

New Anglia Capital Ltd

Ceased 24/09/2019

Charges2 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/07/2018Registered 28/07/2018Satisfied 17/03/2026
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/04/2018Registered 30/04/2018
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 22/03/2017Registered 22/03/2017

CompanyRankvs 165+ SIC 10890 peers
72

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.1× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Longevity9/15 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 28/02/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£259k

Cash in the bank

Net Current Assets

£803k

Working capital

Current Assets

£1.5M

Current Liabilities

£730k

Fixed Assets

£542k

Debtors

£949k

28avg. employees-6

Balance Sheet

Intangible assets£12k
Bank loans & overdrafts£242k
Assets less current liabilities£1.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.10+£140k
20242.53+£269k
20232.00+£305k
20222.15+£8k
20212.99-£480k
20201.26+£51k
20191.42

Derived from filed accounts. Not audited figures.