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READY FOODS LIMITED
THE MILL, MORTON, OSWESTRY, SHROPSHIRE, SY10 8BHPrevious name: FORESTREE LIMITED (changed on 16-Sep-2005)
Company Number: 05538853
Incorporation date: 17-Aug-2005
Status: Active
Entity type: Private Limited Company
SIC codes:
10850 Manufacture of prepared meals and dishes
SUMMARY
This company is 18.7 years old and is currently active. It is controlled by Mvh Ltd. The company has positive equity (net assets) of GBP 1.6 million which has increased from GBP 1.1 million in the previous year. The latest reported revenue figure is GBP 13.8 million which is up 10% on previous year's figure of GBP 12.5 million. The company has 3 active officers (directors or partners) who are or were officers of 118 other companies, 55 (46.6%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 31-Dec-2024Accounts Filed: FULL (31-Mar-2023)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Mar-2023 | GBP | 13,750,037 | 731,394 | 6,151 | 406 | 179,870 | 557,269 |
| 31-Mar-2022 | GBP | 12,460,561 | 374,497 | 7,797 | 302 | 65,286 | 316,706 |
| 31-Mar-2021 | GBP | 7,569,568 | -27,318 | -21 | 295 | -17,246 | -10,388 |
| 31-Mar-2020 | GBP | 11,722,008 | -154,543 | 2,031 | 1,413 | 40,400 | -194,325 |
| 31-Mar-2019 | GBP | 11,659,506 | 34,287 | 1,079 | 2,652 | 13,653 | 19,061 |
| 31-Mar-2018 | GBP | 11,639,189 | -639,707 | 59 | 4,230 | -673,666 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Mar-2023 | GBP | 79,635 | 3,415,541 | 4,407,740 | 139,720 | 1,479,065 | 1,618,785 | ||
| 31-Mar-2022 | GBP | 245,443 | 3,128,467 | 4,670,358 | 139,720 | 921,796 | 1,061,516 | ||
| 31-Mar-2021 | GBP | 406,636 | 2,227,846 | 4,218,618 | 139,720 | 605,090 | 744,810 | ||
| 31-Mar-2020 | GBP | 107,041 | 2,779,737 | 4,726,814 | -42,987 | 139,720 | 615,478 | 755,198 | |
| 31-Mar-2019 | GBP | 486,104 | 3,968,834 | 5,801,829 | 42,987 | 139,720 | 809,803 | 949,523 | |
| 31-Mar-2018 | GBP | 4,735 | 3,486,330 | 5,029,020 | 81,749 | 139,720 | 790,742 | 930,462 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Active | Stephen Paul WANTLING | 17 Aug 2005 | 16 Apr 2024 | British | 18 - 60 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Stephen Lloyd KYNASTON | 28 Feb 2012 | Director | British | 18 - 87 | 46 (43.8%) | |
| Resigned | Arthur WILLIAMS | 29 Nov 2011 | 30 Mar 2020 | Sales Director | Welsh | 0 - 1 | 0 (0.0%) |
| Active | Stephen Paul WANTLING | 17 Aug 2005 | Company Director | British | 18 - 60 | 35 (44.9%) | |
| Active | Iwan Rees THOMAS | 17 Aug 2005 | Company Director | British | 1 - 1 | 0 (0.0%) |
Average tenure of active directors: 16.5 years
Average tenure of resigned directors: 8.3 years
Average active director Dissolution Rate: 29.6%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
READY FOODS LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
10850 Manufacture of prepared meals and dishes)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| BAKKAVOR FOODS LIMITED | FITZROY PLACE 5TH FLOOR, 8 MORTIMER STREET, LONDON, ENGLAND, W1T 3JJ | 01060806 | 2017-12-30 | 1,530,602,000 | 74,131,000 | |
| GREENCORE FOOD TO GO LIMITED | GREENCORE MANTON WOOD RETFORD ROAD, MANTON WOOD ENTERPRISE PARK, WORKSOP, ENGLAND, S80 2RS | 00721411 | 2017-09-29 | 818,988,000 | 21,751,000 | |
| OSCAR MAYER LIMITED | FORUM 4 C/O AZTEC FINANCIAL SERVICES (UK) LIMITED,, SOLENT BUSINESS PARK, PARKWAY SOUTH, WHITELEY, FAREHAM, HAMPSHIRE, UNITED KINGDOM, PO15 7AD | 01239606 | 2018-03-31 | 302,712,234 | 7,916,265 | |
| SEACHILL UK LIMITED | HILTON FOOD GROUP PLC 2-8 THE INTERCHANGE, LATHAM ROAD, HUNTINGDON, CAMBRIDGESHIRE, ENGLAND, PE29 6YE | 00481280 | 2017-12-30 | 261,331,000 | 7,515,000 |
10890-Manufacture of other food products not elsewhere classified |
| GREENCORE GROCERY LIMITED | GREENCORE MANTON WOOD RETFORD ROAD, MANTON WOOD ENTERPRISE PARK, WORKSOP, ENGLAND, S80 2RS | 01754279 | 2017-09-29 | 205,502,000 | 9,990,000 | |
| FERNDALE FOODS LIMITED | FORUM 4 C/O AZTEC FINANCIAL SERVICES (UK) LIMITED,, SOLENT BUSINESS PARK, PARKWAY SOUTH,, WHITELEY, FAREHAM, HAMPSHIRE, UNITED KINGDOM, PO15 7AD | 02715846 | 2018-03-31 | 95,880,917 | 16,214,093 | |
| LAILA'S FINE FOODS LIMITED | 91 MOOR PARK AVENUE, BISPHAM, LANCASHIRE, FY2 0LZ | 04493756 | 2017-06-30 | 31,653,362 | 0 | |
| THE PUNJAB KITCHEN LTD | 814 LEIGH ROAD, SLOUGH, ENGLAND, SL1 4BD | 02833046 | 2017-09-30 | 6,991,652 | 0 | |
| S & P RESTAURANTS LTD. | SUITE 11 HYDE PARK HOUSE, 5 MANFRED ROAD, LONDON, ENGLAND, SW15 2RS | 02363316 | 2018-12-31 | 6,814,852 | 0 |
56101-Licensed restaurants |
| CURD & CURE LIMITED | UNIT B STAPLEHURST NURSERIES, CLAPPER LANE, STAPLEHURST, KENT, ENGLAND, TN12 0JT | 10367333 | 2018-12-31 | 3,338,789 | 0 |
10890-Manufacture of other food products not elsewhere classified 46330-Wholesale of dairy products, eggs and edible oils and fats |
| M I T FOODS LTD | 6 KENT VIEW ROAD, BASILDON, ENGLAND, SS16 4JS | 09103577 | 2018-06-30 | 129,700 | 0 | |
| TIMBER GARDENS RESTAURANT LTD | 11 ALBION STREET, CROYDON, SURREY, CR0 3SA | 08026396 | 2018-12-24 | 120,000 | 0 | |
| OAK AND SMOKE LTD | 28 CANNONBURY AVENUE, PINNER, ENGLAND, HA5 1TS | 09251485 | 2018-03-31 | 100,880 | 0 | |
| THE FOOD TRUCK COMPANY LIMITED | 12A NEWPORT TERRACE, BARNSTAPLE, DEVON, EX32 9BB | 08358932 | 2018-03-31 | 40,986 | 0 |
56103-Take-away food shops and mobile food stands |
| BENTO BOX LIMITED | 49 KINGSKNOWE DRIVE, RUTHERGLEN, GLASGOW, G73 2AB | SC341619 | 2019-03-31 | 28,493 | 0 | |
| THE JUST FOOD COMPANY (UK) LTD | 11 PHEASANT WAY, WINSFORD, CHESHIRE, ENGLAND, CW7 1PX | 09944323 | 2018-01-31 | 11,683 | 0 | |
| READY PREP GO LTD. | 58 SAUNDERS ROAD, OXFORD, UNITED KINGDOM, OX4 2EF | 10924656 | 2018-08-31 | 721 | 0 | |
| GRUNSFELD FINE FOODS LTD | 10 WATERPARK ROAD, SALFORD, LANCASHIRE, M7 4EU | 03868511 | 2018-04-30 | 0 | 0 | |
| THE AUTHENTIC CURRY COMPANY LIMITED | UNITS 46-47, HIRWAUN INDUSTRIAL ESTATE, HIRWAUN, ABERDARE, CF44 9UP | 03930505 | 2018-03-31 | 0 | 0 | |
| BIDCORP MANUFACTURING LIMITED | 814 LEIGH ROAD, SLOUGH, UNITED KINGDOM, SL1 4BD | 11756063 | 0000-00-00 | 0 | 0 | |
| GREENCORE FOODS LIMITED | GREENCORE MANTON WOOD RETFORD ROAD, MANTON WOOD ENTERPRISE PARK, WORKSOP, ENGLAND, S80 2RS | 07441672 | 0000-00-00 | 0 | 0 | |
| MONDE NISSIN (UK) LIMITED | QUORN FOODS STATION ROAD, STOKESLEY, MIDDLESBROUGH, CLEVELAND, ENGLAND, TS9 7AB | 09802704 | 0000-00-00 | 0 | 0 | |
| TEXMOD HOLDINGS LIMITED | 814 LEIGH ROAD, SLOUGH, UNITED KINGDOM, SL1 4BD | 11801670 | 0000-00-00 | 0 | 0 | |
| UNIQ LIMITED | GREENCORE MANTON WOOD RETFORD ROAD, MANTON WOOD ENTERPRISE PARK, WORKSOP, ENGLAND, S80 2RS | 03912506 | 0000-00-00 | 0 | 0 |
10890-Manufacture of other food products not elsewhere classified |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
| Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
|---|---|---|---|---|
| READY FOODS LIMITED | 0.7% | 3.6% | 7.1% | Medium |
| Other companies Active in the same sector | Too few competitors | |||
| Age | 0.4% | 1.7% | 3.3% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.7% | 2.2% | 3.8% | Medium |
| Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
