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Picnic Midco Limited

11732964

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SUITES 1 & 5 RIVERSIDE BUSINESS CENTRE FOUNDRY LANE, BELPER, DE56 0RN
Incorporated 18/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mrs Jill Frances Palmer

director · Since 08/11/2021

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 56

Also on 10 other boards

Mr Mark Jefferson Calderbank

director · Since 10/10/2022

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 47

Also on 10 other boards

Persons with Significant Control

Picnic Topco Limited

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

Suites 1 & 5 Riverside Business Centre, Foundry Lane, Belper, DE56 0RN

Reg: 11732793 · United Kingdom · Private Limited

Notified 18/12/2018

Charges1 outstanding

Charge
outstanding

AUGUST EQUITY PARTNERS IV A LP, ACTING BY ITS GENERAL PARTNER, AUGUST EQUITY PARTNERS IV GENERA

Created 09/07/2020Registered 13/07/2020

CompanyRankvs 43411+ SIC 64209 peers
13

Financial strength0th percentile among SIC peers · 0/25
Employees75th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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43411Picnic Midco Limited
33
How is this score calculated?
Financial strength0/25 pts

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

Employees11/15 pts

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

Liquidity0/20 pts

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

Longevity7/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 30/11/2024

Net Worth

-£19.6M

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

-£4.9M

Bottom line earnings

Net Current Assets

£23.2M

Working capital

Current Assets

—

Current Liabilities

£3k

Debtors

£23.2M

Admin Expenses

£12k

Operating Profit

-£12k

Profit After Tax

-£4.6M

2avg. employees

Balance Sheet

Assets less current liabilities£23.7M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearImplied Profit
2024-£4.6M
2023-£4.3M
2022-£3.7M
2021-£3.2M

Derived from filed accounts. Not audited figures.