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Milton Webber Ltd

12577710

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

PASTA FOODS LIMITED, NEW COSTESSEY, NORWICH, NR5 0JH
Incorporated 29/04/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64202
Activities of production holding companies

Officers

Mr Simon Milton Webber

director · Since 29/04/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Mr Simon Milton Webber

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

British · United Kingdom · Age 63

Pasta Foods Limited, Forest Way, New Costessey, Norwich, NR5 0JH

Notified 29/04/2020

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 23/09/2022Registered 03/10/2022
Charge
outstanding

HSBC BANK PLC

Created 23/09/2022Registered 29/09/2022
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 23/09/2022Registered 29/09/2022
Charge
satisfied

LEUMI ABL LIMITED

Created 18/05/2020Registered 22/05/2020Satisfied 04/11/2022
Charge
satisfied

SANTANDER UK PLC

Created 18/05/2020Registered 19/05/2020Satisfied 05/10/2022

CompanyRankvs 422+ SIC 64202 peers
35

Financial strength96th percentile among SIC peers · 24/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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422Milton Webber Ltd
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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.

Employees8/15 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.

Longevity6/15 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/10/2024

Net Worth

£12.4M

Balance sheet strength

Cash

£4.1M

Cash in the bank

Net Current Assets

-£11.6M

Working capital

Current Assets

£4.6M

Current Liabilities

£38.9M

Fixed Assets

£39.9M

Debtors

£3.3M

Cost of Sales

£44.4M

Admin Expenses

£4.4M

Profit After Tax

£1.4M

1avg. employees-178

People Costs

Wages & salaries£8.0M

Balance Sheet

Intangible assets£1.2M
Bank loans & overdrafts£25.2M
Assets less current liabilities£41.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12+£1.4M
20231.17—

Derived from filed accounts. Not audited figures.