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Frank Hardy & Sons (Farndon) Limited

01126819

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

CORNER HOUSE FARM, NEWARK, NG24 3SD
Incorporated 06/08/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mr Frederick Edward Hardy

director · Since 04/01/1992

FARMER

BRITISH · ENGLAND · Age 79

Also on 3 other boards

Ms Holly Hardy

director · Since 14/11/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Miss Holly Hardy

secretary · Since 08/02/2024

Persons with Significant Control

Mr Frederick Edward Hardy

25–50% shares
25–50% votes
Appoint directors

British · England · Age 79

Corner House Farm, Newark, NG24 3SD

Notified 06/04/2016

Ms Holly Hardy

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

Corner House Farm, Newark, NG24 3SD

Notified 11/10/2022

Former PSCs

Mr Philip Ian Hardy

Ceased 10/03/2020

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

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charge
outstanding

BARCLAYS BANK PLC

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charge
outstanding

BARCLAYS BANK PLC

Created 20/10/2003Registered 28/10/2003
charge
outstanding

BARCLAYS BANK PLC

Created 20/10/2003Registered 28/10/2003
charge
satisfied

LLOYDS BANK PLC

Created 29/01/1985Registered 13/02/1985Satisfied 29/07/2004
charge
satisfied

LLOYDS BANK PLC

Created 29/01/1985Registered 08/02/1985Satisfied 29/07/2004
charge
satisfied

MIDLAND BANK PLC

Created 07/12/1981Registered 14/12/1981

CompanyRankvs 1250+ SIC 01500 peers
63

Financial strength88th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 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 strength22/25 pts

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

Employees15/15 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 31/08/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£303k

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£563k

Current Liabilities

£635k

Fixed Assets

£2.1M

Debtors

£189k

24avg. employees+4

Tax at Year End

Corp tax£41k

Balance Sheet

Assets less current liabilities£2.0M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89+£101k
20230.74+£148k
20220.63-£14k
20210.64-£134k
20201.65-£113k
20192.12+£34k
20181.61

Derived from filed accounts. Not audited figures.