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Food Is Good Limited

12244627

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

KIOSK 4, SUBWAY WEST ORCHARDS SHOPPING CENTRE, COVENTRY, CV1 1QX
Incorporated 04/10/2019

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Sahil Aggarwal

director · Since 04/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Sahil Aggarwal

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

British · England · Age 37

Kiosk 4, Subway, West Orchards Shopping Centre, Coventry, CV1 1QX

Notified 04/10/2019

Charges2 outstanding

Charge
outstanding

MITSUBISHI HC CAPITAL UK PLC

Created 01/06/2022Registered 06/06/2022
Charge
outstanding

HSBC UK BANK PLC

Created 10/12/2019Registered 12/12/2019

CompanyRankvs 6072+ SIC 56102 peers
49

Financial strength84th percentile among SIC peers · 21/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£489k

Working capital

Current Assets

£123k

Current Liabilities

£612k

Fixed Assets

£520k

13avg. employees-10

Balance Sheet

Assets less current liabilities£31k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20-£50k
20230.13+£50k
20220.19+£29k
20210.17
20200.19

Derived from filed accounts. Not audited figures.