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Sly Bros. (Potatoes) Limited

00554808

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

HOSPITAL FARM MAIN ROAD, SPALDING, PE11 3DH
Incorporated 19/09/1955

Compliance

Last accounts

05/04/2025

total exemption full

Next accounts due

05/01/2027

On track

Confirmation statement

Last: 02/12/2025

Due 16/12/2026

On track

Industry

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

Officers

Mr Charles David Sly

director · Since 23/12/1991

FARMER

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Mrs Margaret Mealls Sly

director · Since 24/12/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Charles David Sly

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

British · United Kingdom · Age 61

The Manor House, Deeping St Nicholas, Spalding, PE11 3DH

Notified 06/04/2016

Former PSCs

Mrs Shirley Sly

Ceased 16/11/2023

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/09/2014Registered 09/10/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/12/2001Registered 18/12/2001
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/02/1993Registered 25/02/1993Satisfied 12/10/2005
charge
satisfied

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 06/11/1984Registered 08/11/1984Satisfied 12/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/09/1984Registered 26/09/1984Satisfied 12/10/2005

CompanyRankvs 37+ SIC 01110 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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37Sly Bros. (Potatoes) Limited
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How is this score calculated?
Financial strength24/25 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.

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 05/04/2025

Net Worth

£8.5M

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£948k

Working capital

Current Assets

£1.6M

Current Liabilities

£651k

Fixed Assets

£10.7M

Debtors

£285k

12avg. employees+1

Tax at Year End(2017)

Dividends paid£63k

Balance Sheet

Bank loans & overdrafts£2.6M
Assets less current liabilities£11.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.46-£161k
20242.78+£115k
20232.09+£627k
20223.13+£153k
20214.95+£526k
20203.72-£23k
20194.16+£801k
20171.08—

Derived from filed accounts. Not audited figures.