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Finefarm Limited

01393245

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

4 KING SQUARE, SOMERSET, TA6 3YF
Incorporated 10/10/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Colin Richard Passmore

director · Since 24/07/1991

FARMER

BRITISH · Age 78

Also on 1 other board

Mr Colin Richard Passmore

secretary · Since 25/09/1992

FARMER

BRITISH · Age 78

Also on 1 other board

Samuel Richard Passmore

director · Since 25/09/1992

BRITISH · Age 53

Persons with Significant Control

Mr Colin Richard Passmore

50–75% shares
50–75% votes
right-to-appoint-and-remove-directors-as-firm

British · England · Age 79

4, King Square, Bridgwater, TA6 3YF

Notified 24/07/2016

Charges5 outstanding

Charge
outstanding

LLOYDS BANK PLC (NO. 2065)

Created 13/12/2016Registered 14/12/2016
charge
outstanding

LLOYDS TSB BANK PLC

Created 25/09/2009Registered 06/10/2009
charge
outstanding

LLOYDS TSB BANK PLC

Created 08/09/2009Registered 11/09/2009
charge
outstanding

LLOYDS TSB BANK PLC

Created 18/08/2009Registered 21/08/2009
charge
satisfied

THE AGRICULTURAL MORTGAGE CORPORATION PLC.

Created 04/04/1985Registered 17/04/1985Satisfied 17/02/2025
charge
satisfied

THE AGRICULTURAL MORTGAGE CORPORATION PLC.

Created 13/12/1984Registered 18/12/1984Satisfied 17/02/2025
charge
satisfied

LLOYDS BANK PLC

Created 17/06/1981Registered 03/07/1981
charge
satisfied

LLOYDS BANK PLC

Created 17/06/1981Registered 03/07/1981
charge
outstanding

LLOYDS BANK PLC

Created 17/06/1981Registered 03/07/1981
charge
satisfied

LLOYDS BANK PLC

Created 17/06/1981Registered 03/07/1981
charge
satisfied

LLOYDS BANK PLC

Created 17/06/1981Registered 03/07/1981

CompanyRankvs 43+ SIC 01110 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7Oaklands Farm Eggs Limited
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8O.A.Taylor & Sons Bulbs Limited
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9Willes Farming Limited
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10Cokenach Limited
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43Finefarm Limited
88
How is this score calculated?
Financial strength24/25 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 31/05/2025

Net Worth

£12.5M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£3.0M

Current Liabilities

£1.0M

Fixed Assets

£11.1M

Debtors

£477k

10avg. employees

Balance Sheet

Bank loans & overdrafts£12k
Assets less current liabilities£13.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.92+£0
20252.92+£747k
20243.37+£776k
20232.59+£1.2M
20222.57+£458k
20212.57-£609k
20203.85+£735k
20193.55+£408k
20184.09—

Derived from filed accounts. Not audited figures.