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Farmtec Assets Limited

03509543

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
64 / 100

Some Concerns

30/30
Filing
20/30
Financial
14/40
Risk
  • Active insolvency proceedings (-20)
  • 3 outstanding charges (-6)

Details

GILFACH FARM, WHITLAND, SA34 0DN
Incorporated 13/02/1998

Compliance

Last accounts

30/11/2025

total exemption full

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 26/03/2026

Due 09/04/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Jonathan Charles Mason

director · Since 26/07/2010

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 5 other boards

Mr Jonathan Charles Mason

secretary · Since 22/07/2013

Also on 5 other boards

Mr Adrian Hugh Phillips

director · Since 01/12/2019

TECHNICAL ENGINEER

BRITISH · WALES · Age 57

Also on 8 other boards

Persons with Significant Control

Mr Adrian Hugh Phillips

25–50% shares

British · Wales · Age 57

Gilach, Cwmbach, Whitland, SA34 0DN

Notified 06/04/2016

Mr Jonathan Charles Mason

25–50% shares

British · United Kingdom · Age 34

15, Parc Llwyn Celyn, Carmarthen, SA33 4EB

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

ALUN GEOFFREY DAVIES

Created 19/08/2016Registered 02/09/2016
Charge
outstanding

LLOYDS BANK PLC

Created 19/08/2016Registered 24/08/2016
Charge
outstanding

LLOYDS BANK PLC

Created 03/08/2016Registered 03/08/2016

Insolvency History1 case

receiver manager

Nigel Ian Fox (receiver manager) · Alexander Kinninmonth (receiver manager)

CompanyRankvs 199+ SIC 25990 peers
68

Financial strength96th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.51× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2025

Net Worth

£3.7M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£2.5M

Working capital

Current Assets

£4.2M

Current Liabilities

£1.7M

Fixed Assets

£2.7M

Debtors

£2.2M

23avg. employees

Tax at Year End(2024)

VAT£298k

Balance Sheet

Assets less current liabilities£5.2M
Signed by Mr Jonathan Mason Mr Adrian Phillips 17/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.51+£19k
20242.17+£753k£6.0M
20232.25

Derived from filed accounts. Not audited figures.