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Merton Farming Company Limited

01159368

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

MERTON ESTATE OFFICE, THETFORD, IP25 6QJ
Incorporated 06/02/1974

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 21/08/2025

Due 04/09/2026

On track

Industry

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

Officers

Mr Robert De Grey Bsc Hons

director · Since 21/08/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 12 other boards

Lord Walsingham

director · Since 21/08/1991

BRITISH

Mr Robert De Grey Bsc Hons

secretary · Since 21/05/1999

BRITISH · UNITED KINGDOM · Age 57

Also on 12 other boards

Mrs Josephine Elizabeth De Grey

director · Since 11/11/2005

NONE

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Robert De Grey

50–75% shares

British · United Kingdom · Age 57

Merton Estate Office, Merton, Thetford, IP25 6QJ

Notified 06/04/2016

Mrs Josephine Elizabeth De Grey

25–50% shares

British · England · Age 57

Merton Estate Office, Merton, Thetford, IP25 6QJ

Notified 06/04/2016

Charges5 outstanding

charge
outstanding

CLYDESDALE BANK PLC

Created 11/02/2008Registered 16/02/2008
charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 23/01/2006Registered 31/01/2006
charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 23/01/2006Registered 31/01/2006
charge
satisfied

BARCLAYS BANK PLC

Created 22/02/1995Registered 02/03/1995Satisfied 22/12/2005
charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 22/09/1982Registered 27/09/1982
charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION LIMITED

Created 11/11/1980Registered 13/11/1980
charge
satisfied

BARCLAYS BANK PLC

Created 02/08/1976Registered 09/08/1976Satisfied 22/12/2005
charge
satisfied

BARCLAYS BANK PLC

Created 01/04/1974Registered 09/04/1974Satisfied 22/12/2005

CompanyRankvs 1341+ SIC 01110 peers
56

Financial strength23th percentile among SIC peers · 6/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.5× · 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 strength6/25 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.

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 30/09/2024

Net Worth

£62k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£761k

Working capital

Current Assets

£1.3M

Current Liabilities

£507k

Fixed Assets

£101k

Debtors

£1.1M

4avg. employees-1

Balance Sheet

Bank loans & overdrafts£800k
Assets less current liabilities£862k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.50-£47k
20232.55-£36k
20223.13-£166k
20215.01-£18k
20208.29+£27k
20195.54-£25k
20185.00

Derived from filed accounts. Not audited figures.