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Wates Farms Limited

01657328

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

HITCHCOCK HOUSE HILLTOP PARK, SALISBURY, SP3 4UF
Incorporated 09/08/1982

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

01500
Mixed farming

Officers

Michael Edward Wates

secretary · Since 23/11/1991

BRITISH · UNITED KINGDOM · Age 91

Also on 13 other boards

Caroline Josephine Wates

director · Since 23/11/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 89

Michael Edward Wates

director · Since 23/11/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 91

Also on 13 other boards

Persons with Significant Control

Michael Edward Wates

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

British · United Kingdom · Age 91

Manor House, Langton Long, Blandford Forum, DT11 9HS

Notified 06/04/2016

CompanyRankvs 4121+ SIC 01500 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees57th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Birdsall Estates Company Limited
90
2Maurice Crouch (Growers) Limited
90
3Smith Farms (Clacton) Limited
90
4George Thompson(Farms)Limited
90
5Patrick Dean Limited
90
6Willoughby Farms Limited
90
7Chandler & Dunn Limited
90
8D. Dalton & Son Limited
90
9Ben Smith & Sons(Wantage)Limited
90
10A.G. Hedges (Farms) Limited
90
4121Wates Farms Limited
39
How is this score calculated?
Financial strength0/25 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.

Liquidity0/20 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.

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

-£670k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£1.1M

Fixed Assets

£381k

2avg. employees
Prepared with Silverfin

EstimatesDerived

YearImplied Profit
2025-£52k
2024+£535k

Derived from filed accounts. Not audited figures.