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Homeacres Farm Limited

01162430

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

THE GRANARY, GARTHORPE SCUNTHORPE, DN17 4RU
Incorporated 08/03/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Timothy Simon Nothard

director · Since 10/07/1991

FARMER

BRITISH · ENGLAND · Age 67

Karen Davina Nothard

secretary · Since 26/08/1997

BRITISH

Mrs Karen Davina Nothard

director · Since 13/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mrs Karen Davina Nothard

25–50% shares

British · England · Age 64

The Granary, Garthorpe Scunthorpe, DN17 4RU

Notified 06/04/2016

Mr Timothy Simon Nothard

25–50% shares

British · England · Age 67

The Granary, Garthorpe Scunthorpe, DN17 4RU

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 05/09/1997Registered 22/09/1997Satisfied 26/05/2006
charge
outstanding

MIDLAND BANK PLC

Created 26/08/1997Registered 29/08/1997
charge
satisfied

MIDLAND BANK LTD

Created 10/01/1975Registered 15/01/1975Satisfied 14/04/2000

CompanyRankvs 1241+ SIC 01110 peers
57

Financial strength74th percentile among SIC peers · 19/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1241Homeacres Farm Limited
67
How is this score calculated?
Financial strength19/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/05/2025

Net Worth

£2.3M

Balance sheet strength

Cash

£92k

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£92k

Current Liabilities

£63k

Fixed Assets

£2.4M

Debtors

£643

2avg. employees

Tax at Year End

Corp tax£14k

Director Loans

Company owes directors£16k

Balance Sheet

Assets less current liabilities£2.4M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20251.45-£91k
20240.06-£47k
20231.05-£41k
20221.21-£26k
20212.68+£285k
20200.31-£73k
20191.31—

Derived from filed accounts. Not audited figures.