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Wellingore Farms Limited

01612040

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

HOME FARM, LINCOLN, LN5 0HY
Incorporated 08/02/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

John Richard Theaker

director · Since 31/12/1990

FARMER

BRITISH · UNITED KINGDOM · Age 82

Mrs Annabel Sarah Brotherton

director · Since 28/08/1996

SURVEYOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mrs Joanne Theaker

secretary · Since 09/08/2021

Alexander Theaker

director · Since 24/11/2025

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Alexander Theaker

25–50% shares
25–50% votes

British · England · Age 37

Highfield House, The Heath, Lincoln, LN5 0BU

Notified 24/11/2025

Former PSCs

Mr John Richard Theaker

Ceased 24/11/2025

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 18/03/2015Registered 18/03/2015
charge
outstanding

MIDLAND BANK PLC

Created 20/02/1992Registered 22/02/1992
charge
outstanding

MIDLAND BANK PLC

Created 23/05/1985Registered 24/05/1985

CompanyRankvs 1161+ SIC 01110 peers
62

Financial strength62th percentile among SIC peers · 16/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2× · 16/20
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 strength16/25 pts

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

Employees10/15 pts

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

Liquidity16/20 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 05/04/2025

Net Worth

£1.3M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£535k

Working capital

Current Assets

£1.1M

Current Liabilities

£537k

Fixed Assets

£771k

Debtors

£1.0M

4avg. employees

Tax at Year End

Corp tax£65k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.00+£45k
20241.88+£68k
20231.62+£118k
20221.66+£172k
20200.99-£44k
20190.97

Derived from filed accounts. Not audited figures.