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Towse Brothers Limited

00973334

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

HALL FARM, YORK, YO43 4BS
Incorporated 26/02/1970

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mr Stephen William Towse

secretary · Since 31/12/1990

BRITISH · ENGLAND · Age 84

Also on 3 other boards

Mr Harry Towse

director · Since 31/12/1990

FARMER

BRITISH · ENGLAND · Age 81

Also on 1 other board

Mr Stephen William Towse

director · Since 31/12/1990

FARMER

BRITISH · ENGLAND · Age 84

Also on 3 other boards

Persons with Significant Control

Mr Stephen William Towse

25–50% shares

British · England · Age 84

Hall Farm, York, YO43 4BS

Notified 06/04/2016

Mr Harry Towse

25–50% shares

British · England · Age 81

Hall Farm, York, YO43 4BS

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 01/10/2004Registered 02/10/2004
charge
outstanding

LLOYDS TSB BANK PLC

Created 01/10/2004Registered 02/10/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/07/1998Registered 24/07/1998Satisfied 02/10/2004
charge
satisfied

BARCLAYS BANK PLC

Created 10/05/1993Registered 19/05/1993Satisfied 14/01/1999
charge
satisfied

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 25/07/1988Registered 26/07/1988Satisfied 14/01/1999
charge
satisfied

BARCLAYS BANK PLC

Created 10/08/1978Registered 17/08/1978Satisfied 14/01/1999
charge
satisfied

BARCLAYS BANK PLC

Created 10/08/1978Registered 17/08/1978Satisfied 14/01/1999

CompanyRankvs 4607+ SIC 01500 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.24× · 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 strength1/25 pts

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

Employees2/15 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 05/04/2025

Net Worth

-£333k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£373k

Working capital

Current Assets

£118k

Current Liabilities

£491k

Fixed Assets

£42k

Debtors

£92k

0avg. employees-3

Balance Sheet

Assets less current liabilities-£331k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.24-£6k
20240.24-£66k
20230.31+£39k
20220.25

Derived from filed accounts. Not audited figures.