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David Baker Farms Limited

03468115

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE RED HOUSE, BUNGAY, NR35 1HQ
Incorporated 19/11/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds

Officers

Mr David Baker

director · Since 19/11/1997

FARMER

BRITISH · ENGLAND · Age 82

Also on 5 other boards

Mr Matthew David Baker

director · Since 19/11/1997

FARMER

BRITISH · UNITED KINGDOM · Age 52

Ms Cathryn Mary Tucker

secretary · Since 17/07/2017

Persons with Significant Control

Mr Matthew David Baker

75–100% shares
75–100% votes

British · England · Age 52

Boundary Farm, Ilketshall St. Margaret, Bungay, NR35 1LY

Notified 19/11/2017

Former PSCs

Mr David Baker

Ceased 15/08/2019

Charges2 outstanding

Charge
outstanding

OXBURY BANK PLC

Created 29/09/2023Registered 02/10/2023
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 03/08/2012Registered 07/08/2012
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 19/07/2012Registered 20/07/2012Satisfied 10/09/2014
charge
satisfied

BARCLAYS BANK PLC

Created 01/04/2005Registered 20/04/2005Satisfied 02/10/2012

CompanyRankvs 1821+ SIC 01110 peers
54

Financial strength56th percentile among SIC peers · 14/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.89× · 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 strength14/25 pts

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

Employees14/15 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 30/09/2024

Net Worth

£952k

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

-£100k

Working capital

Current Assets

£830k

Current Liabilities

£930k

Fixed Assets

£2.2M

Debtors

£732k

9avg. employees

Tax at Year End

Corp tax£81k

Balance Sheet

Intangible assets£8k
Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89-£98k
20230.98+£213k
20220.84+£89k
20210.70+£301k
20200.42-£87k
20190.65

Derived from filed accounts. Not audited figures.