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Furrows Limited

00149772

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

THE SHREWSBURY GARAGE, HARLESCOTT LANE SHREWSBURY, SY1 3EQ
Incorporated 04/03/1918

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr David Charles Farthing

director · Since 04/02/2016

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Mr Nic Coward

director · Since 30/04/2016

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 60

Mr Wayne Edward Downey

director · Since 22/10/2018

GROUP COMMERICAL SALES MANAGER

BRITISH · UNITED KINGDOM · Age 58

Mr Neil Burgess

secretary · Since 01/10/2020

Mr Neil Jonathan Burgess Aca Bsc

director · Since 02/01/2022

ACCOUNTANT

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mr Anthony Frost

director · Since 02/01/2022

DIRECTOR

ENGLISH · ENGLAND · Age 54

Persons with Significant Control

Tradecow2024 Limited

75–100% shares
75–100% votes

The Shrewsbury Garage, Benbow Business Park, Shrewsbury, SY1 3EQ

Reg: 16038777 · The Register Of Companies Maintained By The Registrar Of Companies For England And Wales · Private Company Limited By Shares

Notified 02/04/2025

Former PSCs

Mr Nic Coward

Ceased 01/11/2017

Furrows Holdings Limited

Ceased 01/04/2025

Propcow2024 Limited

Ceased 02/04/2025

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/04/2025Registered 07/04/2025
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 24/10/2011Registered 27/10/2011Satisfied 17/03/2025
charge
outstanding

BARCLAYS BANK PLC

Created 19/11/1996Registered 26/11/1996
charge
satisfied

TEXACO LIMITED

Created 08/12/1993Registered 17/12/1993Satisfied 03/12/2010
charge
satisfied

TEXACO LIMITED

Created 08/12/1993Registered 17/12/1993Satisfied 03/12/2010
charge
outstanding

FORD CREDIT EUROPE PLC

Created 29/07/1993Registered 10/08/1993
charge
outstanding

FORD CREDIT EUROPE PLC

Created 28/06/1993Registered 29/06/1993
charge
satisfied

FORD CREDIT PLC

Created 25/01/1993Registered 26/01/1993Satisfied 06/11/1996
charge
outstanding

FORD CREDIT PLC

Created 25/01/1993Registered 26/01/1993
charge
satisfied

MOBIL OIL COMPANY LIMITED

Created 14/02/1986Registered 07/03/1986Satisfied 16/07/1993
charge
satisfied

BARCLAYS BANK PLC

Created 26/04/1978Registered 05/05/1978Satisfied 21/07/1999
charge
satisfied

BARCLAYS BANK PLC

Created 13/04/1978Registered 18/04/1978Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 09/01/2013
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 09/01/2013
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 09/01/2013
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/1977Registered 23/06/1977Satisfied 03/12/2010
charge
satisfied

MOBIL OIL COMPANY LIMITED

Created 08/08/1973Registered 28/08/1973Satisfied 16/07/1993
charge
satisfied

BARCLAYS BANK PLC

Created 06/04/1973Registered 27/04/1973Satisfied 03/12/2010
charge
satisfied

BARCLAYS BANK PLC

Created 07/01/1963Registered 18/01/1963Satisfied 03/12/2010

CompanyRankvs 620+ SIC 45111 peers
52

Financial strength59th percentile among SIC peers · 15/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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9Arthur Bassett & Co. Limited
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10Piccadilly Motors Limited
89
620Furrows Limited
72
How is this score calculated?
Financial strength15/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£110.9M

Annual revenue

Net Worth

£43k

Balance sheet strength

Cash

£799k

Cash in the bank

Profit Before Tax

£2.6M

Bottom line earnings

Net Current Assets

£10.9M

Working capital

Current Assets

£33.1M

Current Liabilities

£22.2M

Fixed Assets

£2.6M

Debtors

£9.2M

Cost of Sales

£98.0M

Gross Profit

£13.0M

Admin Expenses

£10.2M

Operating Profit

£2.8M

Profit After Tax

£1.9M

277avg. employees-4

Tax at Year End

Corp tax£338k

People Costs

Wages & salaries£8.1M
NI contributions£715k

Balance Sheet

Assets less current liabilities£13.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.49+£0
20231.58+£0
20221.52+£0
20211.43+£0
20201.42—

Derived from filed accounts. Not audited figures.