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Farnham Farms Limited

02360248

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PARK FARM, DEREHAM, NR19 2LD
Incorporated 13/03/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mr Christopher John Farnham

director · Since 13/03/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 4 other boards

Mr Timothy Charles Farnham

director · Since 13/03/1991

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 11 other boards

Mr Timothy Charles Farnham

secretary · Since 26/02/2001

FARMER

BRITISH · ENGLAND · Age 72

Also on 11 other boards

Persons with Significant Control

Mr Christopher John Farnham

25–50% shares
25–50% votes

British · England · Age 69

Park Farm, Dereham, NR19 2LD

Notified 13/03/2017

Mr Timothy Charles Farnham

25–50% shares
25–50% votes

British · England · Age 72

Park Farm, Dereham, NR19 2LD

Notified 13/03/2017

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 19/06/2001Registered 21/06/2001
charge
outstanding

MIDLAND BANK PLC

Created 27/01/1995Registered 01/02/1995
charge
satisfied

BARCLAYS BANK PLC

Created 30/04/1989Registered 11/05/1989Satisfied 19/04/1995
charge
satisfied

BARCLAYS BANK PLC

Created 30/04/1989Registered 11/05/1989Satisfied 19/04/1995

CompanyRankvs 2471+ SIC 01500 peers
46

Financial strength88th percentile among SIC peers · 22/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.43× · 2/20
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 strength22/25 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.

Liquidity2/20 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 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£137k

Cash in the bank

Net Current Assets

-£430k

Working capital

Current Assets

£329k

Current Liabilities

£759k

Fixed Assets

£2.0M

Debtors

£117k

0avg. employees-2

Tax at Year End

Corp tax£55k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43+£50k
20230.36+£51k
20220.37+£800
20210.26+£37k
20200.23+£13k
20190.31+£172k
20180.35+£107k
20170.23

Derived from filed accounts. Not audited figures.