Back to search

Food Italy Limited

11359895

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LPS LIVINGSTONE, WENZEL HOUSE, WATFORD, WD18 9TB
Incorporated 14/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46370
Wholesale of coffee, tea, cocoa and spices
46380
Wholesale of other food, including fish, crustaceans and molluscs
46690
Wholesale of other machinery and equipment
47750
Retail sale of cosmetic and toilet articles in specialised stores

Officers

Nicola Modestino

director · Since 14/05/2018

DIRECTOR

ITALIAN · ENGLAND · Age 57

Persons with Significant Control

Nicola Modestino

75–100% shares

Italian · Italy · Age 57

Lps Livingstone, Wenzel House, Olds Approach, Watford, WD18 9TB

Notified 14/05/2018

CompanyRankvs 1418+ SIC 46370 peers
41

Financial strength20th percentile among SIC peers · 5/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Adrian Mecklenburgh Limited
90
2Masteroast Coffee Co. Limited
90
3New English Teas Limited
90
4Tudor Tea And Coffee Limited
90
5Beyond The Bean Limited
90
6Traders Coffee Limited
90
7Icone International Limited
90
8Circon Limited
90
9Clifton Coffee Company Limited
90
10Royaltea Ltd
90
1418Food Italy Limited
37
How is this score calculated?
Financial strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/05/2023

Net Worth

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£168k

Working capital

Current Assets

£138k

Current Liabilities

£154k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£171k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20230.90+£38k
20220.44-£25k
20210.51+£49k
20200.44-£71k
20191.14—

Derived from filed accounts. Not audited figures.