Food Arts & Technology Ltd
13720297
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 18/06/2025
Due 02/07/2026
Industry
Officers
director · Since 01/07/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 20 other boards
Persons with Significant Control
Mr Nicholas Farnhill
British · United Kingdom · Age 54
10, Queen Street Place, London, EC4R 1AG
Notified 03/11/2021
Mr Iain Tait
British · England · Age 53
10, Queen Street Place, London, EC4R 1AG
Notified 03/11/2021
Mr Richard Turley
American · United States · Age 49
10, Queen Street Place, London, EC4R 1AG
Notified 31/03/2023
CompanyRankvs 53374+ SIC 74909 peers26
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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.
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
to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been prepared on a going concern basis which, in the opinion of the directors, is the appropriate basis. The company's ability to continue trading is dependent upon the on-going support of its shareholders. In the event that the
Key FinancialsYear ending 31/03/2023
Net Worth
-£236k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£161k
Current Liabilities
£203k
Fixed Assets
£3k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.79 | -£235k |
| 2022 | 0.99 | — |
Derived from filed accounts. Not audited figures.