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Bruce Seaman Farms Limited

01583147

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BEDINGHAM HALL, BUNGAY, NR35 2DD
Incorporated 28/08/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mrs Louise Margaret Bond

secretary · Since 02/03/1992

BRITISH · Age 43

Also on 2 other boards

Mr Bruce Donald Seaman

director · Since 02/03/1992

FARMER

BRITISH · ENGLAND · Age 94

Mrs Louise Margaret Bond

director · Since 07/01/2011

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Bruce Donald Seaman

50–75% shares
50–75% votes
Appoint directors

British · England · Age 94

Hollands Lodge, Hall Road, Bungay, NR35 2DD

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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charge
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charge
satisfied

MIDLAND BANK PLC

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THE AGRICULTRUAL MORTGAGE CORPORATION PLC

Created 29/11/1991Registered 17/12/1991Satisfied 29/10/2020
charge
satisfied

BARCLAYS BANK PLC

Created 30/12/1983Registered 06/01/1984Satisfied 22/10/2009
charge
satisfied

BARCLAYS BANK PLC

Created 08/07/1982Registered 28/07/1982Satisfied 22/10/2009
charge
satisfied

BARCLAYS BANK PLC

Created 08/07/1982Registered 20/07/1982Satisfied 22/10/2009
charge
satisfied

BARCLAYS BANK PLC

Created 16/03/1982Registered 05/04/1982Satisfied 22/10/2009

CompanyRankvs 1811+ SIC 01110 peers
54

Financial strength77th percentile among SIC peers · 19/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.56× · 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 strength19/25 pts

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

Employees9/15 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 31/03/2025

Net Worth

£2.6M

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

-£309k

Working capital

Current Assets

£395k

Current Liabilities

£704k

Fixed Assets

£3.2M

Debtors

£76k

3avg. employees

Tax at Year End

Corp tax£87k

Balance Sheet

Bank loans & overdrafts£199k
Assets less current liabilities£2.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£35k
20241.36-£55k
20231.61-£85k
20222.13+£1.1M
20210.92+£56k
20200.92

Derived from filed accounts. Not audited figures.