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Garthmeilio Farms Limited

03348119

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

GARTHMEILIO, CORWEN, LL21 0PY
Incorporated 03/04/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01420
Raising of other cattle and buffaloes
01450
Raising of sheep and goats

Officers

Mr David Humphrey Griffith

director · Since 03/04/1997

COMPANY DIRECTOR

BRITISH · WALES · Age 90

Richard Llewelyn Wynne Griffith

director · Since 19/11/2001

STOCKBROKER

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Mrs Fiona Mary Griffith

director · Since 09/09/2013

DIRECTOR

BRITISH · WALES · Age 48

Also on 4 other boards

Persons with Significant Control

Mr Richard Llewelyn Wynne Griffith

25–50% shares
25–50% votes

British · Wales · Age 49

Garthmeilio, Corwen, LL21 0PY

Notified 06/04/2016

Mrs Fiona Mary Griffith

25–50% shares
25–50% votes

British · Wales · Age 48

Garthmeilio, Llangwm, Corwen, LL21 0PY

Notified 23/12/2022

Former PSCs

Mr David Humphrey Griffith

Ceased 23/12/2022

Mrs Philippa Griffith

Ceased 21/01/2021

Charges3 outstanding

Charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 27/09/2017Registered 09/10/2017
Charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 02/06/2014Registered 06/06/2014
charge
satisfied

MIDLAND BANK PLC

Created 27/11/1997Registered 02/12/1997Satisfied 08/02/2002
charge
outstanding

MIDLAND BANK PLC

Created 08/09/1997Registered 09/09/1997

CompanyRankvs 213+ SIC 01420 peers
54

Financial strength89th percentile among SIC peers · 22/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.03× · 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.

Employees10/15 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 31/03/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£900k

Working capital

Current Assets

£32k

Current Liabilities

£932k

Fixed Assets

£3.2M

Debtors

£26k

3avg. employees

Tax at Year End

Corp tax£383

Balance Sheet

Bank loans & overdrafts£51k
Assets less current liabilities£2.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£31k
20240.14+£2k
20230.26-£36k
20220.42+£49k
20210.54+£88k
20200.84-£21k
20181.11—

Derived from filed accounts. Not audited figures.