Company Overview
Medsun Food Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 26 March 1991, so this is a well established company. Medsun Food Limited has been in business for 35 years. The accounts status is unaudited abridged and the accounts are next due on Wednesday 31 December 2025.
Registered Address

493 Green Lanes, London, N4 1AL
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Companies House Data
Company NameMEDSUN FOOD LIMITED
Company Number02595510
Registered Office Address493 Green Lanes
 N4 1AL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/03/1991
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date23/04/2017
Returns Last Made Up Date26/03/2016
Directors & Members
Show Resigned
Mehmet Halim - Director
(British, 61 years old, born November 1965)
Appointed 24 November 2020
 Active
Secretaries
Show Resigned
Other Company Directorships
Mehmet Halim
4TH SPOT LIMITED
BAKERY ALTERNATIVE LTD
CREME BEAUTY LIMITED
FRESH VALLEY FOODS LIMITED
FRESH VALLEY WHOLESALE LTD
HALIM PROPERTY INVESTMENT LIMITED
IFM RESTAURANT LIMITED
LAUNCH POINT HOLDINGS LIMITED
LP BAKEHOUSE LTD
SWISS CARE CLINIC LIMITED
YASAR'S FOODS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 373,781 373,781 393,160
Current Assets 210,359 210,359 359,294
Creditors Due Within One Year 420,905 420,905 564,337
Working Cap -210,546 -210,546 -205,043
Total Assets Less Current Liabilities 163,235 163,235 188,117
Long-term Liabilities 44,802 44,802 56,126
Net Assets 118,433 118,433 131,991
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 118,433 118,433 131,991
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 64.0% 64.0% 52.3%
Stocks Inventory - - -
Debtors 12.2% 12.2% 10.4%
Cash Bank In Hand 11.7% 11.7% 19.8%
Current Assets 36.0% 36.0% 47.7%
Creditors Due Within One Year 72.1% 72.1% 75.0%
Net Current Assets Liabilities -36.0% -36.0% -27.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 20.3% 20.3% 17.5%
Capital Employed - - -
Total Assets Less Current Liabilities 27.9% 27.9% 25.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.5 0.5 0.6
Solvency Ratio 1.3 1.3 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 584,140 584,140 752,454
Debt 465,707 465,707 620,463
Net Assets/Debt 118,433 118,433 131,991

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 26 November 2025 with no updates
Confirmation statement made on 26 November 2024 with no updates
Confirmation statement made on 26 November 2023 with no updates
Confirmation statement made on 26 November 2022 with no updates
Confirmation statement made on 26 November 2021 with updates
Court order
Confirmation statement made on 26 November 2020 with updates
Cessation of Mestan Yasar Halim as a person with significant control on 28 January 2020
Notification of Mehmet Yasar Halim as a person with significant control on 12 November 2020
Termination of appointment of Mesdan Yasar Halim as a director on 28 January 2020
Appointment of Mr Mehmet Yasar Halim as a director on 24 November 2020
Confirmation statement made on 26 March 2020 with updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 26 March 2019 with updates
Change of details for Mr Mesdan Yasar Halim as a person with significant control on 7 December 2018
Director's details changed for Mr Mesdan Yasar Halim on 7 December 2018
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