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P.W. Spray & Sons Limited

00655765

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

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

MIDDLE FARM, NR. BASSINGHAM, LN5 9EG
Incorporated 06/04/1960

Compliance

Last accounts

05/04/2025

micro entity

Next accounts due

05/01/2027

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds
01410
Raising of dairy cattle

Officers

Howard Charles Spray

director · Since 14/02/1994

FARMER

BRITISH · ENGLAND · Age 61

Christopher Robert Spray

director · Since 25/03/1996

FARMER

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Christopher Robert Spray

25–50% shares
25–50% votes

British · United Kingdom · Age 63

Georgham, Thurlby, Lincoln, LN5 9EG

Notified 28/08/2025

Mr Howard Charles Spray

25–50% shares
25–50% votes

British · United Kingdom · Age 61

The Limes, Middle Farm, Lincoln, LN5 9EG

Notified 28/08/2025

Former PSCs

Mr Anthony Spray

Ceased 28/08/2025

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 24/10/2012Registered 06/11/2012
charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION PLC.

Created 18/04/1983Registered 21/04/1983
charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION LIMITED

Created 07/05/1970Registered 15/05/1970

CompanyRankvs 472+ SIC 01110 peers
67

Financial strength71th percentile among SIC peers · 18/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 6.27× · 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 strength18/25 pts

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

Employees9/15 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

£1.9M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£331k

Working capital

Current Assets

£394k

Current Liabilities

£63k

Fixed Assets

£1.6M

3avg. employees

Tax at Year End(2021)

Corp tax£125
VAT£23

Director Loans(2021)

Company owes directors£16k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20256.27+£74k
202420.24-£54k
202312.99+£71k
202214.82+£64k
202114.84+£43k£460
20209.77+£3.4M
2019-12.24-£3.3M
20175.80

Derived from filed accounts. Not audited figures.