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Mythe Farm Limited

01337411

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

MYTHE FARM PINWALL LANE, ATHERSTONE, CV9 3PF
Incorporated 04/11/1977

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

01500
Mixed farming
55209
Other holiday and short-stay accommodation

Officers

Joanna Lea Garland

secretary · Since 13/03/2008

BRITISH

Mr Joseph Edward Garland

director · Since 13/03/2008

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 7 other boards

Persons with Significant Control

Mr Joseph Garland

Significant control

British · England · Age 48

Mythe Farm, Pinwall Lane, Atherstone, CV9 3PF

Notified 01/06/2016

Charges4 outstanding

charge
outstanding

HSBC BANK PLC

Created 25/07/2011Registered 03/08/2011
charge
outstanding

HSBC BANK PLC

Created 25/07/2011Registered 03/08/2011
charge
outstanding

HSBC BANK PLC

Created 25/07/2011Registered 03/08/2011
charge
outstanding

HSBC BANK PLC

Created 25/07/2011Registered 03/08/2011
charge
satisfied

HSBC BANK PLC

Created 28/01/2003Registered 30/01/2003Satisfied 18/10/2019
charge
satisfied

MIDLAND BANK PLC

Created 04/06/1996Registered 22/06/1996Satisfied 12/09/2019

CompanyRankvs 1508+ SIC 01500 peers
60

Financial strength80th percentile among SIC peers · 20/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.79× · 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 strength20/25 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.

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 31/12/2024

Net Worth

£723k

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

-£428k

Working capital

Current Assets

£1.6M

Current Liabilities

£2.0M

Fixed Assets

£2.3M

Debtors

£127k

6avg. employees+2

Balance Sheet

Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79+£52k
20230.85+£108k
20221.05+£238k
20210.78+£213k
20200.89+£49k
20190.92-£54k
20181.28

Derived from filed accounts. Not audited figures.