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Turnstone Farming Company Limited

03800418

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

TOWER VIEW FARM, MORETON - IN - MARSH, GL56 9AL
Incorporated 05/07/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming
01610
Support activities for crop production

Officers

Mr Simon Lewis Weaver

secretary · Since 05/07/1999

FARMER

BRITISH · UNITED KINGDOM · Age 66

Also on 4 other boards

Mr Simon Lewis Weaver

director · Since 05/07/1999

FARMER

BRITISH · ENGLAND · Age 66

Also on 4 other boards

Persons with Significant Control

Mr Simon Lewis Weaver

75–100% shares
75–100% votes

British · England · Age 66

Tower View Farm, Bourton- On- The - Hill, Moreton - In - Marsh, GL56 9AL

Notified 19/06/2017

Former PSCs

Mrs Cathleen Mary Weaver

Ceased 19/06/2017

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 21/06/2007Registered 29/06/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 16/01/2005Registered 21/01/2005

CompanyRankvs 1522+ SIC 01500 peers
60

Financial strength77th percentile among SIC peers · 19/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1522Turnstone Farming Company Limited
66
How is this score calculated?
Financial strength19/25 pts

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

Employees15/15 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 31/07/2024

Net Worth

£538k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£398k

Working capital

Current Assets

£838k

Current Liabilities

£1.2M

Fixed Assets

£1.1M

Debtors

£252k

14avg. employees-2

Balance Sheet

Intangible assets£347
Bank loans & overdrafts£20k
Assets less current liabilities£669k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.68-£31k
20230.86-£70k
20221.05-£116k
20211.04+£153k
20200.90+£186k
20190.73-£209k
20180.82-£110k
20160.95—

Derived from filed accounts. Not audited figures.