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Ikfa Foods Ltd

14807897

active
Private Limited Company
england wales
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)

Details

15 FLORENCE ROAD, LEICESTER, LE5 3FU
Incorporated 17/04/2023

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 16/04/2026

Due 30/04/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47220
Retail sale of meat and meat products in specialised stores

Officers

Mr Ikbal Yusuf Varachhiya

director · Since 17/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Ikbal Yusuf Varachhiya

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

British · England · Age 38

15, Florence Road, Leicester, LE5 3FU

Notified 17/04/2023

CompanyRankvs 21057+ SIC 47110 peers
25

Financial strength8th percentile among SIC peers · 2/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 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.

Longevity3/15 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 30/04/2025

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£17k

Current Liabilities

£45k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£24k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38-£8k
20240.39

Derived from filed accounts. Not audited figures.