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Chandlers (Farm Equipment) Limited

01683985

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

BELTON, LINCOLNSHIRE, NG32 2LX
Incorporated 03/12/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories
46610
Wholesale of agricultural machinery, equipment and supplies

Officers

Mr Joseph Howard Pell

director · Since 24/09/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 5 other boards

Mrs Rosemary Jane Sharp

director · Since 24/09/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 78

Rosemary Jill Pell

director · Since 31/12/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Mr David Allen Burrows

secretary · Since 14/09/2015

Mr Gavin Pell

director · Since 14/09/2015

AGRICULTURAL SALES MANAGER

BRITISH · ENGLAND · Age 47

Mrs Heather Jane Glenn

director · Since 14/09/2015

HR MANAGER

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mrs Felicity Hart

director · Since 14/09/2015

EQUINE MANAGER

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Joseph Howard Pell

50–75% shares

British · England · Age 75

Belton, Lincolnshire, NG32 2LX

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 08/09/2023Registered 11/09/2023
Charge
outstanding

HSBC UK BANK PLC

Created 31/01/2023Registered 02/02/2023
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD

Created 29/01/2021Registered 29/01/2021Satisfied 27/01/2023
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD

Created 29/01/2021Registered 29/01/2021Satisfied 04/02/2021
Charge
outstanding

HSBC BANK PLC

Created 01/11/2013Registered 04/11/2013
charge
satisfied

MIDLAND BANK PLC

Created 02/06/1998Registered 05/06/1998Satisfied 06/09/2023
charge
satisfied

MIDLAND BANK PLC

Created 20/01/1994Registered 25/01/1994Satisfied 05/10/2005
charge
satisfied

MIDLAND BANK PLC

Created 11/07/1983Registered 14/07/1983Satisfied 10/05/2000

CompanyRankvs 1037+ SIC 45111 peers
46

Financial strength71th percentile among SIC peers · 18/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.51× · 16/20
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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8Cawdor Cars (Newcastle Emlyn) Limited
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9Arthur Bassett & Co. Limited
89
10Piccadilly Motors Limited
89
1037Chandlers (Farm Equipment) Limited
62
How is this score calculated?
Financial strength18/25 pts

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

Employees2/15 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

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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 c

Key FinancialsYear ending 31/12/2024

Net Worth

£230k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£32.5M

Working capital

Current Assets

£96.8M

Current Liabilities

£64.2M

Fixed Assets

£8.8M

Debtors

£14.3M

Profit After Tax

£2.5M

0avg. employees

Tax at Year End

Corp tax£373k

Balance Sheet

Intangible assets£689k
Bank loans & overdrafts£793k
Assets less current liabilities£41.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51+£0
20231.26+£0
20211.25—

Derived from filed accounts. Not audited figures.