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Honesty Food Group Ltd

12345144

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

FAIERS HOUSE, DISS, IP22 4WR
Incorporated 03/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10920
Manufacture of prepared pet foods

Officers

Mr Desmond John Smith

director · Since 03/12/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 6 other boards

Persons with Significant Control

Former PSCs

Mr Desmond John Smith

Ceased 14/02/2020

Charges1 outstanding

Charge
satisfied

NATIONWIDE FINANCE LIMITED

Created 03/10/2022Registered 03/10/2022Satisfied 02/08/2024
Charge
outstanding

HSBC UK BANK PLC

Created 23/03/2020Registered 01/04/2020

CompanyRankvs 161+ SIC 10920 peers
48

Financial strength89th percentile among SIC peers · 22/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.21× · 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 strength22/25 pts

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

Employees12/15 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 31/03/2024

Net Worth

£777k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£158k

Working capital

Current Assets

£41k

Current Liabilities

£199k

Fixed Assets

£122k

4avg. employees-3

Balance Sheet

Assets less current liabilities£36k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21+£1.1M
2023-£632k
20221.27+£213k
20210.62

Derived from filed accounts. Not audited figures.