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James Heath & Sons Limited

00692984

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BOLAS HOUSE, TELFORD, TF6 6PQ
Incorporated 17/05/1961

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds
01460
Raising of swine/pigs
01470
Raising of poultry

Officers

Mr Alastair Peter Heath

director · Since 31/05/2013

FARM MANAGER

BRITISH · UNITED KINGDOM · Age 36

Mr James Ford Heath

director · Since 31/05/2013

FARM MANAGER

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr James Ford Heath

25–50% shares

British · United Kingdom · Age 38

Bolas House, Great Bolas, Telford, TF6 6PQ

Notified 22/02/2018

Mr Alastair Peter Heath

25–50% shares

British · United Kingdom · Age 36

Bolas House Great Bolas, Telford, TF6 6PQ

Notified 22/02/2018

Former PSCs

Mr George Derek Heath

Ceased 21/02/2018

Charges2 outstanding

Charge
outstanding

OXBURY BANK PLC

Created 11/08/2023Registered 18/08/2023
Charge
outstanding

OXBURY BANK PLC

Created 14/07/2022Registered 19/07/2022
Charge
satisfied

LLOYDS BANK PLC

Created 27/11/2014Registered 10/12/2014Satisfied 15/08/2023
charge
satisfied

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 17/05/2010Registered 18/05/2010Satisfied 18/09/2023
charge
satisfied

LLOYDS TSB BANK PLC

Created 14/04/2010Registered 17/04/2010Satisfied 15/08/2023
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 24/11/2000Registered 09/12/2000Satisfied 01/04/2009
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 23/05/2000Registered 01/06/2000Satisfied 01/04/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/06/1997Registered 01/07/1997Satisfied 24/02/2001
charge
satisfied

NWS BANK PLC

Created 15/11/1994Registered 17/11/1994Satisfied 01/04/2009
charge
satisfied

LLOYDS BANK PLC

Created 09/09/1982Registered 17/09/1982Satisfied 19/05/2009
charge
satisfied

LLOYDS BANK PLC

Created 09/09/1982Registered 17/09/1982Satisfied 12/11/1994
charge
satisfied

LLOYDS BANK PLC

Created 09/09/1982Registered 17/09/1982Satisfied 12/11/1994
charge
satisfied

LLOYDS BANK PLC

Created 09/09/1982Registered 17/09/1982Satisfied 31/07/1997
charge
satisfied

LLOYDS BANK PLC

Created 09/09/1982Registered 17/09/1982Satisfied 31/07/1997
charge
satisfied

LLOYDS BANK PLC

Created 09/09/1982Registered 17/09/1982Satisfied 12/11/1994
charge
satisfied

LLOYDS BANK PLC

Created 09/09/1982Registered 17/09/1982Satisfied 12/11/1994
charge
satisfied

LLOYDS BANK PLC

Created 09/09/1982Registered 17/09/1982Satisfied 01/04/2009
charge
satisfied

MIDLAND BANK PLC

Created 30/01/1974Registered 11/02/1974Satisfied 01/04/2009
charge
satisfied

MIDLAND BANK PLC

Created 19/02/1973Registered 23/02/1973Satisfied 12/11/1994
charge
satisfied

MIDLAND BANK PLC

Created 19/02/1973Registered 23/02/1973Satisfied 12/11/1994

CompanyRankvs 2609+ SIC 01110 peers
40

Financial strength3th percentile among SIC peers · 1/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2609James Heath & Sons Limited
46
How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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 31/05/2024

Net Worth

-£39k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

-£282k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.7M

Fixed Assets

£1.8M

Debtors

£223k

8avg. employees+2

Balance Sheet

Bank loans & overdrafts£1.1M
Assets less current liabilities£1.6M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83+£46k
20230.61-£2k
20220.62+£85k
20210.55-£30k
20200.56+£122k
20190.52-£24k
20180.51—

Derived from filed accounts. Not audited figures.