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Vala Foods Limited

14111451

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

33 LUNSFORD ROAD, LEICESTER, LE5 0HW
Incorporated 17/05/2022

Compliance

Last accounts

31/05/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 16/05/2026

Due 30/05/2027

On track

Industry

10890
Manufacture of other food products
46380
Wholesale of other food, including fish, crustaceans and molluscs

Officers

Mr Ratilal Bica

director · Since 17/05/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Ratilal Bica

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

British · England · Age 54

33, Lunsford Road, Leicester, LE5 0HW

Notified 17/05/2022

CompanyRankvs 1387+ SIC 10890 peers
55

Financial strength77th percentile among SIC peers · 19/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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.

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

£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£51k

Current Liabilities

£58k

Fixed Assets

£33k

3avg. employees

Balance Sheet

Assets less current liabilities£26k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87+£13k
20230.76

Derived from filed accounts. Not audited figures.