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Satinsilk Limited

03675825

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

TAGON HARBOUR FARM, EXETER, EX5 2QS
Incorporated 30/11/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01470
Raising of poultry

Officers

Mr Alexander Marcus William Frankpitt

director · Since 11/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 40

Mrs Amelia Jane Frankpitt

director · Since 11/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 62

Miss Holly Louise Frankpitt

director · Since 11/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 7 other boards

Persons with Significant Control

Dashells Holdings Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Tagon Harbour Farm, Whimple, Exeter, EX5 2QS

Reg: 13856131 · Uk Register Of Companies · Private Company Limited By Shares

Notified 12/07/2022

Former PSCs

Mr Derek Jeremy Frankpitt

Ceased 11/07/2022

Charges7 outstanding

Charge
outstanding

HSBC UK BANK PLC

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outstanding

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outstanding

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Created 15/01/2019Registered 16/01/2019
Charge
outstanding

HSBC UK BANK PLC

Created 15/01/2019Registered 16/01/2019
Charge
outstanding

HSBC UK BANK PLC

Created 15/01/2019Registered 16/01/2019
Charge
satisfied

LLOYDS BANK PLC (NO. 2065)

Created 02/11/2016Registered 03/11/2016Satisfied 08/02/2019
Charge
satisfied

LLOYDS BANK PLC

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Charge
satisfied

LLOYDS BANK PLC

Created 01/03/2014Registered 07/03/2014Satisfied 08/02/2019
charge
outstanding

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 28/01/2005Registered 29/01/2005
charge
outstanding

CLYDESDALE BANK PLC

Created 06/01/2005Registered 11/01/2005
charge
satisfied

AGRICREDIT LIMITED · CO-OPERATIVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A.

Created 05/10/1999Registered 07/10/1999Satisfied 05/02/2005
charge
satisfied

CO-OPERATIVE CENTRALE RAIFFEISEN BOERENLEEBANK B.A. · AGRICREDIT LIMITED

Created 05/10/1999Registered 07/10/1999Satisfied 05/02/2005
charge
satisfied

PHILIP JOHN HAYMAN

Created 17/02/1999Registered 19/02/1999Satisfied 18/08/1999

CompanyRankvs 290+ SIC 01470 peers
58

Financial strength70th percentile among SIC peers · 18/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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290Satinsilk Limited
64
How is this score calculated?
Financial strength18/25 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 28/02/2025

Net Worth

£741k

Balance sheet strength

Cash

£179

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.9M

Fixed Assets

£889k

Debtors

£1.2M

14avg. employees

Balance Sheet

Assets less current liabilities£838k
Signed by 03675825 2024-03-01 2025-02-28 03675825 2025-02-28 03675825 bus:OrdinaryShareClass1 2025-02-28 03675825 core:FinancialAsPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97+£235k
20240.84+£200k
20231.12-£312k
20220.65+£87k
20210.66+£278k
20200.66+£110k
20190.70-£44k
20170.15—

Derived from filed accounts. Not audited figures.