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Bungalow Farm (Banks) Limited

00862431

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

264 GRAVEL LANE, SOUTHPORT, PR9 8BY
Incorporated 26/10/1965

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 25/10/2025

Due 08/11/2026

On track

Industry

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

Officers

Mr Michael Wareing

director · Since 16/05/2011

FARMER

BRITISH · ENGLAND · Age 59

Mr Will Wareing

director · Since 01/04/2024

FARMER

BRITISH · ENGLAND · Age 22

Mr Ed Wareing

director · Since 19/07/2026

BRITISH · ENGLAND · Age 18

Persons with Significant Control

Mr Michael Wareing

75–100% shares
Appoint directors

British · England · Age 59

264, Gravel Lane, Southport, PR9 8BY

Notified 07/04/2016

Charges2 outstanding

charge
outstanding

AMC BANK LIMITED

Created 28/11/2000Registered 04/12/2000
charge
outstanding

AMC BANK LIMITED

Created 11/07/1997Registered 18/07/1997

CompanyRankvs 2491+ SIC 01110 peers
43

Financial strength28th percentile among SIC peers · 7/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.81× · 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 strength7/25 pts

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

Employees10/15 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 30/11/2025

Net Worth

£136k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£86k

Current Liabilities

£107k

Fixed Assets

£165k

4avg. employees+1

Balance Sheet

Assets less current liabilities£145k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81+£31k
20240.83+£15k
20230.68—

Derived from filed accounts. Not audited figures.