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P & P Professional Farmers Limited

01922885

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

LODGE FARM, NORTH WALSHAM, NR28 0LL
Incorporated 17/06/1985

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds
47220
Retail sale of meat and meat products in specialised stores

Officers

Albert James Papworth

secretary · Since 03/10/1991

BRITISH · ENGLAND · Age 84

Also on 11 other boards

Albert James Papworth

director · Since 03/10/1991

FARMER

BRITISH · ENGLAND · Age 84

Also on 11 other boards

Susan Jean Papworth

director · Since 01/03/2005

FARMER

BRITISH · ENGLAND · Age 83

Mr Timothy Frank Papworth

director · Since 01/03/2005

FARMER

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Charlotte Mary Douglas

director · Since 03/04/2013

NONE

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mr Timothy Frank Papworth

25–50% shares

British · England · Age 58

Lodge Farm, Church Road, North Walsham, NR28 0LL

Notified 06/04/2016

Mr Jason Samuel Papworth

25–50% shares

British · England · Age 55

Woodhouse Farm, Holt Road, Fakenham, NR21 0QL

Notified 06/04/2016

Charges4 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 14/11/2006Registered 17/11/2006Satisfied 29/08/2023
charge
outstanding

LLOYDS TSB BANK PLC

Created 14/11/2006Registered 17/11/2006
charge
outstanding

AMC BANK LIMITED

Created 27/01/2005Registered 09/02/2005
charge
outstanding

AMC BANK LIMITED

Created 27/01/2005Registered 09/02/2005
charge
outstanding

AMC BANK LIMITED

Created 27/01/2005Registered 09/02/2005

CompanyRankvs 2087+ SIC 01110 peers
50

Financial strength35th percentile among SIC peers · 9/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.86× · 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 strength9/25 pts

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

Employees15/15 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 31/08/2024

Net Worth

£255k

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

-£232k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.6M

Fixed Assets

£1.1M

Debtors

£1.2M

32avg. employees

Tax at Year End(2022)

Corp tax£17k

Director Loans

Company owes directors£10k

Balance Sheet

Bank loans & overdrafts£603k
Assets less current liabilities£863k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86-£19k
2023-£76k
20227.49-£12k
20213.72+£77k
20200.63+£79k
20190.59

Derived from filed accounts. Not audited figures.