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Scag Foods Limited

11876767

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

781 FIELD END ROAD, RUISLIP, HA4 0QL
Incorporated 12/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mr Chaitanya Palekar

director · Since 12/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 3 other boards

Mrs Geeta Upadhyay

director · Since 12/03/2019

DIRECTOR

ENGLISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mrs Geeta Upadhyay

Significant control

English · England · Age 51

Banner & Associates Ltd, Banner House, Harrow, HA1 1JR

Notified 12/03/2019

Mr Chaitanya Palekar

Significant control

British · United Kingdom · Age 55

Banner & Associates Ltd, Banner House, Harrow, HA1 1JR

Notified 12/03/2019

CompanyRankvs 3601+ SIC 56210 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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3601Scag Foods Limited
61
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.

Employees13/15 pts

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

Liquidity2/20 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.

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

£299k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£319k

Working capital

Current Assets

£12k

Current Liabilities

£331k

Fixed Assets

£20k

6avg. employees-1

Balance Sheet

Assets less current liabilities£299k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04+£77k
20230.06+£75k
20220.09+£48k
20210.57—

Derived from filed accounts. Not audited figures.