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Staples (Vegetables) Limited

00504587

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

Details

STATION FARM, SIBSEY, BOSTON, PE22 0SE
Incorporated 19/02/1952

Compliance

Last accounts

05/04/2025

full

Next accounts due

05/01/2027

On track

Confirmation statement

Last: 16/01/2026

Due 30/01/2027

On track

Industry

10390
Other processing and preserving of fruit and vegetables
49410
Freight transport by road

Officers

Vernon Edward Read

secretary · Since 05/04/1992

British

Lee Burrell

director · Since 14/11/2025

British

Dan Carr

director · Since 14/11/2025

British

Howard Kenning

director · Since 14/11/2025

British

Peter Massingham

director · Since 14/11/2025

British

George Read

director · Since 21/10/1992

British

Vernon Edward Read

director

British

Jon Welberry

director · Since 14/11/2025

British

Former

Janet Read

secretary · Resigned 05/04/1992

Janet Read

director · Resigned 14/11/2025

Janet Read

director · Resigned 09/05/1997

Dorothy May Staples

director · Resigned 05/04/1992

William Edward Staples

director · Resigned 05/04/1992

CompanyRankvs 320+ SIC 10390 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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

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 05/04/2025

Turnover

£169.6M

Annual revenue

Net Worth

£22.1M

Balance sheet strength

Cash

£18.8M

Cash in the bank

Profit Before Tax

£2.3M

Bottom line earnings

Net Current Assets

£9.4M

Working capital

Current Assets

£46.8M

Current Liabilities

£37.3M

Fixed Assets

£15.1M

Debtors

£24.7M

Cost of Sales

£150.5M

Gross Profit

£19.1M

Admin Expenses

£6.5M

Operating Profit

£2.7M

Profit After Tax

£4.9M

1277avg. employees+27

Tax at Year End

Dividends paid£701k

People Costs

Wages & salaries£46.6M
NI contributions£4.3M

Balance Sheet

Assets less current liabilities£24.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.25+£4.9M
20241.18+£2.7M
20221.01

Derived from filed accounts. Not audited figures.