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William Smith (Wakefield) Limited

00288166

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

RED HOUSE FARM, SCARBOROUGH, YO13 0HA
Incorporated 16/05/1934

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/01/2026

Due 20/01/2027

On track

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds
46120
Agents involved in the sale of fuels, ores, metals and industrial chemicals
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Christine Smith

secretary · Since 13/01/1991

BRITISH · ENGLAND · Age 77

Also on 5 other boards

Mr William David Smith

director · Since 13/01/1991

COMPANY DIRECTOR AND FARMER

BRITISH · ENGLAND · Age 79

Also on 11 other boards

Persons with Significant Control

Mr William David Smith

50–75% shares

British · England · Age 79

Red House Farm, Staintondale, Scarborough, YO13 0HA

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/08/1998Registered 24/08/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/05/1992Registered 28/05/1992
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/06/1983Registered 18/07/1983

CompanyRankvs 409+ SIC 01110 peers
62

Financial strength89th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.91× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 31/03/2025

Net Worth

£5.4M

Balance sheet strength

Cash

£882k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£4.4M

Current Liabilities

£2.3M

Fixed Assets

£3.8M

Debtors

£3.5M

Profit After Tax

£3.8M

10avg. employees

Tax at Year End

Corp tax£91k
Dividends paid£70k

People Costs(2020)

Wages & salaries£4.0M
NI contributions£648k

Balance Sheet

Intangible assets£40k
Assets less current liabilities£5.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.91+£741k
20241.73+£666k
20231.21+£353k
20221.59+£291k
20212.32+£228k
20201.27+£223k
20191.20

Derived from filed accounts. Not audited figures.