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Madras Spices Food Ltd

11743602

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

4 SIDDAL STREET, SWINDON, SN25 2QB
Incorporated 28/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mr. Ravi Varman Dhayalan

director · Since 28/12/2018

MANAGER

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Ravi Varman Dhayalan

75–100% shares

British · United Kingdom · Age 48

121, Cricklade Road, Swindon, SN2 1AD

Notified 28/12/2018

CompanyRankvs 5685+ SIC 56210 peers
54

Financial strength20th percentile among SIC peers · 5/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.28× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

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 31/12/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£14k

Current Liabilities

£4k

1avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20243.28-£3k
20232.68+£8k

Derived from filed accounts. Not audited figures.