Commonwork Organic Farms Limited
01977080
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 03/12/2025
Due 17/12/2026
Industry
Officers
director · Since 20/01/2017
PUBLISHER
BRITISH · ENGLAND · Age 69
Also on 4 other boards
director · Since 10/11/2017
FARM MANAGEMENT CONSULTANT
BRITISH · ENGLAND · Age 70
Also on 6 other boards
director · Since 02/05/2024
CHIEF EXECUTIVE
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
Charges1 outstanding
TRIODOS BANK NV
CompanyRankvs 1742+ SIC 01110 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 1.2 in the financial statements which indicates that significant debts exist at the year end. As stated in note 1.2 these events or conditions indicate that a m
Key FinancialsYear ending 31/03/2024
Net Worth
£419k
Balance sheet strength
Cash
£178k
Cash in the bank
Profit Before Tax
-£48k
Bottom line earnings
Net Current Assets
£182k
Working capital
Current Assets
£280k
Current Liabilities
£98k
Fixed Assets
£1.1M
Debtors
£102k
Cost of Sales
£227k
Admin Expenses
£106k
Profit After Tax
-£24k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.85 | +£186k |
| 2022 | 0.37 | +£83k |
| 2021 | 0.33 | -£506 |
| 2020 | 0.45 | — |
Derived from filed accounts. Not audited figures.