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Dan Albone And Son Limited

00547911

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

HOME FARM, BRIGG, DN20 9AF
Incorporated 19/04/1955

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 01/05/2026

Due 15/05/2027

On track

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds

Officers

Mr Dan Spilman Albone

director · Since 24/03/1993

FARMER

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mrs Karen Anne Albone

director · Since 18/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Dan Spilman Albone

75–100% shares
75–100% votes

British · England · Age 67

Home Farm, Church Street, Brigg, DN20 9AE

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 09/11/1993Registered 11/11/1993Satisfied 29/10/2024
charge
outstanding

MIDLAND BANK PLC

Created 21/10/1988Registered 27/10/1988
charge
satisfied

THE AGRICULTURAL MORTGAGE CORPORATION PLC.

Created 05/12/1985Registered 06/12/1985Satisfied 06/11/1996
charge
satisfied

MIDLAND BANK LTD

Created 29/09/1971Registered 15/10/1971Satisfied 29/10/2024

CompanyRankvs 881+ SIC 01110 peers
65

Financial strength98th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.76× · 6/20
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 strength25/25 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.

Liquidity6/20 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 31/10/2024

Net Worth

£14.9M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£492k

Working capital

Current Assets

£1.5M

Current Liabilities

£2.0M

Fixed Assets

£16.0M

Debtors

£404k

10avg. employees

Balance Sheet

Assets less current liabilities£15.5M

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76+£9.1M
20232.09-£13k
20222.69+£2k
20213.30-£43k
20204.00+£3.4M
20195.01+£177k
20182.49

Derived from filed accounts. Not audited figures.