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Spaldings Limited

01558147

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

25-35 Sadler Road, Lincoln, LN6 3XJ
Incorporated 24/04/1981

Previously known as

Spaldings (Uk) Limited · until 08/12/2009
Spaldings Agricultural Limited · until 12/01/1994
Henlan Limited · until 09/01/1991

Compliance

Last accounts

31/12/2024

medium

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/06/2026

Due 05/07/2027

On track

Industry

01610
Support activities for crop production

Officers

David Fox

director · Since 09/09/2022

British · England · Age 67

Paul Kevin Bray

director · Since 09/09/2022

British · United Kingdom · Age 60

Nigel John Whelan

director · Since 09/09/2022

British · England · Age 55

Kenneth William Smith

director · Since 03/03/2023

British · England · Age 42

Ken Smith

secretary · Since 27/03/2023

Craig Barnard

director · Since 01/09/2025

South African · South Africa · Age 62

Steven Brian Joffe

director · Since 01/09/2025

South African · South Africa · Age 55

Former

John Harold Sorby

director · Resigned 18/12/1992

Granville Lawrence Wade

director · Resigned 18/12/1992

Maurice George Oxby

director · Resigned 18/12/1992

Alan Hall Trafford

director · Resigned 03/06/1993

Patrick David Bulmer

director · Resigned 08/06/1993

Maurice George Oxby

director · Resigned 31/12/1995

Peter David Finch

director · Resigned 23/06/2000

Alan Hall Trafford

director · Resigned 03/07/2000

Granville Lawrence Wade

director · Resigned 23/09/2004

Clive Kendrick Johns

director · Resigned 31/12/2007

Christopher Edward Newsum Howard

director · Resigned 26/04/2012

John Harold Sorby

secretary · Resigned 26/04/2012

Stephen Charles Constable

director · Resigned 26/04/2012

John Harold Sorby

director · Resigned 26/04/2012

Catherine Locking

director · Resigned 26/04/2012

Alan Roy King

director · Resigned 26/04/2012

Roger Alan Chase

director · Resigned 26/04/2012

Tsuyoshi Ikeda

director · Resigned 26/04/2012

Toru Masuyama

director · Resigned 25/03/2015

Hitoshi Shimada

director · Resigned 29/04/2015

Yuji Nishiyama

director · Resigned 31/03/2016

John Sorby

secretary · Resigned 01/04/2016

Yoshinari Ishii

director · Resigned 31/03/2017

Fumiaki Kokado

director · Resigned 31/03/2017

Takanori Tanaka

director · Resigned 01/11/2018

David Andrew Fox

director · Resigned 31/12/2018

Susumu Wakamori

director · Resigned 31/03/2019

Shuichi Kamizono

director · Resigned 31/03/2021

Noboru Yamamoto

director · Resigned 06/06/2022

Hiroyasu Kondo

director · Resigned 06/06/2022

Tetsuya Ishida

director · Resigned 06/06/2022

William Stamp

director · Resigned 22/02/2023

Kevin Gissing

secretary · Resigned 03/03/2023

Paul Stephen Youens

director · Resigned 26/03/2024

Albert Farrant

director · Resigned 01/09/2025

Persons with Significant Control

Spaldings Holdings Limited

75–100% shares
75–100% votes
Appoint directors

25-35, Sadler Road, Lincoln, LN6 3XJ

Reg: 04897291 · Companies House · Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 19/12/2025Registered 19/12/2025
Charge
satisfied

LEUMI ABL LIMITED

Created 06/06/2022Registered 07/06/2022Satisfied 06/01/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/05/2004Registered 19/05/2004Satisfied 24/04/2012
charge
satisfied

3I GROUP PLC

Created 14/01/2004Registered 21/01/2004Satisfied 23/03/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/01/2004Registered 17/01/2004Satisfied 31/05/2022
charge
satisfied

LLOYDS BANK PLC

Created 01/09/1998Registered 09/09/1998Satisfied 20/01/2004
charge
satisfied

N.M.ROTHSCHILD & SONS LIMITEDAS THE TRUSTEE FOR THE SECURED CREDITORS

Created 24/03/1995Registered 31/03/1995Satisfied 10/09/1998
charge
satisfied

N.M.ROTHSCHILD & SONS LIMITED

Created 11/06/1993Registered 29/06/1993Satisfied 10/09/1998
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC,

Created 23/12/1992Registered 05/01/1993Satisfied 12/02/1994
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC.

Created 01/02/1991Registered 07/02/1991Satisfied 15/01/1994
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC.

Created 28/10/1987Registered 10/11/1987Satisfied 15/01/1994

Change History

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line125-35 Sadler Road
2026-06-06

25-35 SADLER ROAD

post townLincoln
2026-06-06

LINCOLN

officer appointedSMITH, Ken
2026-06-06
officer appointedBARNARD, Craig
2026-06-06
officer appointedBRAY, Paul Kevin
2026-06-06
officer appointedFOX, David
2026-06-06
officer appointedJOFFE, Steven Brian
2026-06-06
officer appointedSMITH, Kenneth William
2026-06-06
officer appointedWHELAN, Nigel John
2026-06-06

CompanyRankvs 15+ SIC 01610 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.63× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2023

Turnover

£18.5M

Annual revenue

Net Worth

£14.9M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

£223k

Bottom line earnings

Net Current Assets

£14.6M

Working capital

Current Assets

£23.5M

Current Liabilities

£9.0M

Fixed Assets

£328k

Debtors

£14.7M

Cost of Sales

£10.6M

Gross Profit

£7.9M

Admin Expenses

£6.4M

Operating Profit

£474k

Profit After Tax

£219k

130avg. employees-3

People Costs

Wages & salaries£4.0M
NI contributions£448k

Balance Sheet

Assets less current liabilities£14.9M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20232.63+£219k
20232.40-£774k
20225.31

Derived from filed accounts. Not audited figures.