Macfoods Ltd
12649936
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/06/2020
DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 6 other boards
director · Since 29/10/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 1 other board
Persons with Significant Control
Mr Michael Olusanmi Omodara
British · England · Age 69
29a, Westmoor Road, Enfield, EN3 7LE
Notified 05/06/2020
CompanyRankvs 2303+ SIC 10890 peers37
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2024
Net Worth
-£14k
Balance sheet strength
Cash
£849
Cash in the bank
Net Current Assets
-£25k
Working capital
Current Assets
£23k
Current Liabilities
£48k
Fixed Assets
£11k
Debtors
£2k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.48 | -£37k |
| 2023 | 1.08 | +£15k |
| 2022 | 0.32 | +£35k |
| 2021 | 0.10 | — |
Derived from filed accounts. Not audited figures.