Essential Food & Beverage Limited
14099892
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/05/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 5 other boards
Persons with Significant Control
Mr Setty Santhosh Bacchu Chandrashekara
British · England · Age 49
245, Barking Road, London, E6 1LB
Notified 11/05/2022
CompanyRankvs 20996+ SIC 47110 peers25
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2024
Net Worth
-£75k
Balance sheet strength
Cash
£514
Cash in the bank
Net Current Assets
-£89k
Working capital
Current Assets
£24k
Current Liabilities
£114k
Fixed Assets
£15k
Debtors
£14k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.21 | -£27k |
| 2023 | 0.39 | — |
Derived from filed accounts. Not audited figures.