New Foundation Farms Ltd
11542589
Details
Compliance
Last accounts
31/08/2024
micro entity
Next accounts due
31/05/2026
Confirmation statement
Last: 03/07/2025
Due 17/07/2026
Industry
Officers
director · Since 30/08/2018
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 2 other boards
Persons with Significant Control
Mr Paul Mark Drewell
British · England · Age 64
Purnells, 5a Kernick Industrial Estate, Penryn, TR10 9EP
Notified 30/08/2018
Mr Marcus Demetrius Link
Irish · England · Age 7
Orchard House, Clyst St. Mary, Exeter, EX5 1BR
Notified 10/10/2019
Former PSCs
Mr Paul Marcel Pizzala
Ceased 25/05/2022
Insolvency History1 case
Chris Parkman (practitioner) · Lisa Alford (practitioner)
CompanyRankvs 15+ SIC 01500 peers33
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£736k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£632k
Working capital
Current Assets
£647k
Current Liabilities
£15k
Fixed Assets
£104k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 41.79 | +£817k |
| 2023 | 0.13 | — |
Derived from filed accounts. Not audited figures.