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Boarcross Limited

01781886

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

EASTGATE FARM MAIN STREET, DRIFFIELD, YO25 3DS
Incorporated 09/01/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01460
Raising of swine/pigs

Officers

Mr Timothy Charles Field

secretary · Since 18/12/1990

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Mr Timothy Charles Field

director · Since 18/12/1990

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Mrs Emily Sara Field-Corrigan

director · Since 01/01/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 5 other boards

Mr Andrew Corrigan

director · Since 10/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 5 other boards

Persons with Significant Control

Boarcross Holdings Limited

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

Prospect House, Thwing, Driffield, YO25 3EA

Reg: 15990847 · Companies House · Private Limited Company

Notified 25/10/2024

Former PSCs

Mr Timothy Charles Field

Ceased 25/10/2024

Mrs Emily Sara Field-Corrigan

Ceased 25/10/2024

Charges6 outstanding

Charge
outstanding

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Created 23/04/2015Registered 25/04/2015
Charge
outstanding

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Created 23/04/2015Registered 25/04/2015
charge
outstanding

HSBC BANK PLC

Created 21/08/2008Registered 28/08/2008
charge
outstanding

MIDLAND BANK PLC

Created 13/10/1994Registered 15/10/1994

CompanyRankvs 27+ SIC 01460 peers
63

Financial strength97th percentile among SIC peers · 24/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.73× · 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 strength24/25 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.

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

a strong balance sheet position and increased profit in the period. As a result there are no material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern. STATEMENT OF DIRECTORS' RESPONSIBILITIES The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with ap

Key FinancialsYear ending 30/06/2024

Turnover

£31.9M

Annual revenue

Net Worth

£10.7M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Profit Before Tax

£3.3M

Bottom line earnings

Net Current Assets

£7.7M

Working capital

Current Assets

£12.2M

Current Liabilities

£4.5M

Fixed Assets

£5.0M

Debtors

£2.1M

Cost of Sales

£27.3M

Gross Profit

£4.5M

Admin Expenses

£1.3M

Operating Profit

£3.4M

Profit After Tax

£3.9M

4avg. employees

Tax at Year End

Dividends paid£96k

Balance Sheet

Bank loans & overdrafts£342k
Assets less current liabilities£12.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.73+£3.8M
20232.07

Derived from filed accounts. Not audited figures.