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Greatips Limited

00848809

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

POLPENWITH FARM, FALMOUTH, TR11 5RP
Incorporated 13/05/1965

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Penelope Ann Nichols

director · Since 01/05/1984

HOUSEWIFE

BRITISH · ENGLAND · Age 79

Also on 5 other boards

Victoria Ann Barras

director · Since 18/11/1988

SECRETARY

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mrs Penelope Ann Nichols

50–75% shares

British · England · Age 79

Polpenwith Farm, Constantine, Falmouth, TR11 5RP

Notified 05/02/2024

Former PSCs

Estate Of Paul Ian Nichols

Ceased 05/02/2024

Charges4 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 28/03/2013Registered 06/04/2013
charge
outstanding

LLOYDS TSB BANK PLC

Created 21/01/2013Registered 23/01/2013
charge
outstanding

BARCLAYS BANK PLC

Created 04/02/1991Registered 13/02/1991
charge
outstanding

CHATHAM RELIANCE BUILDING SOCIETY

Created 27/01/1986Registered 11/02/1986
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/01/1985Registered 16/01/1985Satisfied 02/06/1990
charge
satisfied

CHATHAM RELIANCE BUILDING SOCIETY

Created 18/12/1981Registered 21/12/1981

CompanyRankvs 2463+ SIC 01500 peers
46

Financial strength61th percentile among SIC peers · 15/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.15× · 2/20
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 strength15/25 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.

Liquidity2/20 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 30/11/2024

Net Worth

£83k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

£14k

Current Liabilities

£89k

Fixed Assets

£277k

2avg. employees

Balance Sheet

Assets less current liabilities£202k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15-£9k
20230.67-£70k
20220.95+£281
20211.19-£3k
20202.00-£19k
20192.92

Derived from filed accounts. Not audited figures.