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D.A.Read(Farms)Limited

01059455

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

BARR FARM LINCOLN ROAD, HORNCASTLE, LN9 5NA
Incorporated 26/06/1972

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Antony Arthur Read Bsc (Hons) Agric

director · Since 01/07/2003

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 5 other boards

Mrs Charlotte Jane Louise Read

secretary · Since 07/05/2009

FARMER

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Mrs Charlotte Jane Louise Read

director · Since 07/05/2009

FARMER

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Persons with Significant Control

A. A. Read (Farms) Limited

75–100% shares
75–100% votes
Appoint directors

Barr Farm, Lincoln Road, Horncastle, LN9 5NA

Reg: 05159146 · Companies House · Limited

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

HSBC BANK PLC

Created 25/06/2003Registered 01/07/2003
charge
outstanding

AMC BANK LIMITED

Created 08/06/1998Registered 10/06/1998
charge
satisfied

MIDLAND BANK PLC

Created 17/05/1991Registered 20/05/1991Satisfied 05/06/2019
charge
outstanding

AGRICULTURAL MORTGAGE CORPORATION PLC

Created 07/05/1982Registered 10/05/1982
charge
outstanding

MIDLAND BANK PLC

Created 14/03/1975Registered 19/03/1975

CompanyRankvs 86+ SIC 99999 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.49× · 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 strength25/25 pts

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

Employees14/15 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 31/03/2024

Net Worth

£399k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£53k

Current Liabilities

£21k

Fixed Assets

£420k

2avg. employees

Balance Sheet

Assets less current liabilities£399k
Signed by 01059455 2023-04-01 2024-03-31 01059455 2024-03-31 01059455 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.49+£0
202312.27+£0
202246.98+£0
202146.98+£0
202046.98+£0
201946.98+£0
201753.99

Derived from filed accounts. Not audited figures.