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Food Styles Sourcing Solutions Ltd

12589519

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

5 ARUNDEL CLOSE, ALTRINCHAM, WA15 8NY
Incorporated 06/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Mr Mohammad Shahbaz Fazal

director · Since 06/05/2020

DIRECTOR AND COMPANY SECRETARY

BRITISH · ENGLAND · Age 45

Also on 5 other boards

Persons with Significant Control

Mr Mohammad Shahbaz Fazal

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

British · England · Age 45

5, Arundel Close, Altrincham, WA15 8NY

Notified 06/05/2020

CompanyRankvs 26528+ SIC 74990 peers
22

Financial strength4th percentile among SIC peers · 1/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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26528Food Styles Sourcing Solutions Ltd
32
How is this score calculated?
Financial strength1/25 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

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/05/2025

Net Worth

-£14k

Balance sheet strength

Cash

£167

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£3k

Current Liabilities

£9k

Debtors

£3k

0avg. employees
Signed by Mr M FAZAL,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£0
20250.39-£27k
20240.45+£2k
20231.21-£3k
20220.43+£5k
20211.04—

Derived from filed accounts. Not audited figures.