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Rushlake Farms Limited

00489916

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

NORTHGATE HOUSE, SLEAFORD, NG34 7BZ
Incorporated 28/12/1950

Compliance

Last accounts

30/11/2025

total exemption full

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 22/05/2025

Due 05/06/2026

On track

Industry

01500
Mixed farming

Officers

Mrs Kathryn Mary Spence

secretary · Since 30/05/1991

BRITISH

Mr Brian Spence

director · Since 30/05/1991

FARMER

BRITISH · ENGLAND · Age 67

Also on 1 other board

Persons with Significant Control

Mr Brian Spence

75–100% shares
75–100% votes
Appoint directors

British · England · Age 67

Great Wood Farm, Great Ponton Road, Grantham, NG33 4DH

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 29/11/2016Registered 05/12/2016
Charge
outstanding

HSBC BANK PLC

Created 29/11/2016Registered 02/12/2016
Charge
outstanding

HSBC BANK PLC

Created 30/11/2016Registered 01/12/2016
charge
satisfied

BARCLAYS BANK PLC

Created 19/07/1993Registered 03/08/1993Satisfied 05/07/2017
charge
satisfied

BARCLAYS BANK PLC

Created 02/06/1993Registered 15/06/1993Satisfied 24/08/2015
charge
satisfied

BARCLAYS BANK PLC

Created 17/07/1991Registered 24/07/1991Satisfied 05/07/2017

CompanyRankvs 743+ SIC 01500 peers
65

Financial strength77th percentile among SIC peers · 19/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees6/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2025

Net Worth

£495k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£364k

Working capital

Current Assets

£574k

Current Liabilities

£209k

Fixed Assets

£131k

Debtors

£520k

1avg. employees

Tax at Year End(2023)

Corp tax£286

Director Loans(2023)

Company owes directors£66k

Balance Sheet

Assets less current liabilities£495k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.74-£33k
20242.65-£9k
20232.55-£21k
20222.60+£17k
20212.88-£26k
20203.14+£34k
20192.47+£4k
20182.43

Derived from filed accounts. Not audited figures.