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MARCH FOODS LIMITED

RIVERDALE HOUSE 19/21 HIGH STREET, WHEATHAMPSTEAD, ST. ALBANS, AL4 8BB

Company Number: 06801592
Incorporation date: 26-Jan-2009
Status: Active
Entity type: Private Limited Company

SIC codes:
10612 Manufacture of breakfast cereals and cereals-based food
11070 Manufacture of soft drinks; production of mineral waters and other bottled waters




SUMMARY

This company is 15.2 years old and is currently active. It is controlled by Mr Robert Alan Carruthers Belcher. The company has positive equity (net assets) of GBP 1.9 million which has decreased from the previous year's figure of GBP 1.9 million. The latest reported revenue figure is GBP 10 million which is similar to the previous year's figure of GBP 10 million. The company has 3 active officers (directors or partners) who are or were officers of 4 other companies, 1 (25.0%) 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 is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 28-Feb-2025
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Jun-2020 GBP 10,034,821 275,696 55,537 36,026 184,133
31-Dec-2019 GBP 10,034,821 275,696 55,537 36,026 184,133
31-Dec-2018 GBP 10,157,597 111,864 61,991 7,623 42,250
31-Dec-2017 GBP 10,552,972 -317,182 61,131 -294,274


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Jun-2020 GBP 56,899 2,225,222 1,271,169 51,545 374,625 1,459,867 1,912,019
31-Dec-2019 GBP 56,899 2,225,222 1,271,169 86,741 51,545 374,625 1,459,867 1,912,019
31-Dec-2018 GBP 34,283 2,358,388 1,508,673 133,602 51,795 624,375 1,265,773 2,023,928
31-Dec-2017 GBP 66,043 2,728,504 1,947,913 59,772 51,795 624,375 1,220,657 2,034,815

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 GBP -0.49% -250,000 51,795,000 51,545,000 51,734,581
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Annette BELCHER 03 Aug 2023 14 Dec 2023 0 - 1
Resigned Stephen DOR 26 Jan 2009 03 Aug 2023 British 1 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)		 Dissolved companies
(rate)
Active Sheldon Paul FLAX 14 Dec 2023 Director British 2 - 12 (66.7%)
Active Ricky Alexander FLAX 14 Dec 2023 Director British 3 - 32 (33.3%)
Resigned Ian CROSBY 30 Oct 2017 29 Jul 2021 Business Development Director British 0 - 10 (0.0%)
Resigned James Paterson ROBERTSON 03 Feb 2014 10 Jul 2019 Director British 3 - 52 (25.0%)
Resigned Ian Richard HART 27 Jan 2009 07 Jun 2011 Operations Director British 0 - 31 (33.3%)
Resigned Robert Alan Carruthers BELCHER 27 Jan 2009 14 Dec 2023 Director British 0 - 73 (42.9%)
Active Stephen DOR 26 Jan 2009 Accountant British 1 - 10 (0.0%)
Resigned Paul Michael COPE 26 Jan 2009 03 Feb 2014 Managing Director British 2 - 83 (30.0%)
Number of active directors: 3
Average tenure of active directors: 5.3 years
Average tenure of resigned directors: 6.3 years
Average active director Dissolution Rate: 33.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
  
ITALIAN BEVERAGE COMPANY LIMITED (05067015) - Active ✔
MARCH FOODS LIMITED (06801592) - Active ✔✔✔
R & S FLAX LTD (11602063) - Active - Proposal to Strike off ✔✔
BARNEY & BEN LIMITED (11604736) - Dissolved ✔✔
DELIGHTFUL FOOD GROUP LIMITED (15243451) - Active ✔

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2021-01-262020-01-262016-01-262015-01-262014-01-26
ROBERT BELCHERORDINARY48,160
94.1%		48,160
11.3%		48,160
7.12%		48,160
7.12%		48,160
7.04%
STEPHEN DORORDINARY3,010
5.88%		3,010
0.706%		3,010
0.445%		3,010
0.445%		3,010
0.440%
ROBERT BELCHERPREFERRED ORDINARY0
0%		375,000
88.0%		0
0%		0
0%		625,000
91.4%
ROBERT BELCHERPREFERRED0
0%		0
0%		625,000
92.4%		625,000
92.4%		0
0%
PAUL COPEORDINARY0
0%		0
0%		0
0%		0
0%		7,525
1.10%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

MARCH 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


Date Title Reference Subject
2018-01-03 Mr N Harnett v March Foods Ltd [2018] UKET 3327357/2017 Unfair Dismissal

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 10612 Manufacture of breakfast cereals and cereals-based food)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
REAL GOOD FOOD PLC C/O INTERPATH LTD, 10TH FLOOR, ONE MARSDEN STREET, MANCHESTER, M2 1HW 04666282 2018-03-31 129,842,000 -27,003,000 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
MARCH 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 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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