The Firmwatch take
Joe's Gourmet Foods Limited (07399608) currently shows: At risk signal detected, based on accounts to 31 January 2025; last refreshed 24 May 2026. Net liabilities of £655k — assets do not cover obligations.
Companies House source·Accounts to 31 Jan 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
7 October 2010
15 years on the register
Sector
Food manufacturing
SIC 10890 · matched to division
Size
Not classified
Net assets
−£655k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Money
What the balance sheet says
Net assets
−£655k
Bottom 10% in sector · sector median £200 · 13,374 filers in this sector
Cash
Not disclosed
Working cap.
−£546k
Median £601
Current ratio
0.9×
Median 1.0×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Food and Beverage Manufacturing
How this company compares in 13,374 filers in this sector
Bottom 10% in sector — Joe's Gourmet Foods Limited shows −£655k in net assets. Sector median is £200.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- EM
ESCOLME, Mark Irving
director · since 2019
Registered office
Address intelligence
24 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · IG8 9HD
24 other UK companies registered at this postcode.
Active
23
Dissolved
0
Strike-off action
1
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.