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Topspec Equine Limited

03867246

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

MIDDLE PARK FARM, THIRSK, YO7 4JN
Incorporated 27/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10910
Manufacture of prepared feeds for farm animals
10920
Manufacture of prepared pet foods

Officers

Mrs Nicola Tyler

director · Since 27/10/1999

NUTRITIONIST

BRITISH · ENGLAND · Age 75

Also on 3 other boards

Mr Philip Daniel Tyler

director · Since 27/10/1999

NUTRITIONIST

BRITISH · ENGLAND · Age 76

Also on 4 other boards

Mrs Katherine Mickle

director · Since 01/05/2009

EQUINE NUTRITIONIST

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Oliver David Reade

director · Since 01/04/2016

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 3 other boards

Persons with Significant Control

Topspec Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Number Ten, Elm Court, Stratford-Upon-Avon, CV37 6PA

Reg: 10808110 · England And Wales · Private Limited Company

Notified 22/06/2017

Former PSCs

Mrs Nicola Tyler

Ceased 22/06/2017

Mr Philip Daniel Tyler

Ceased 22/06/2017

Charges3 outstanding

Charge
outstanding

NICOLA TYLER AND PHILIP DANIEL TYLER (AS SECURITY TRUSTEES)

Created 19/08/2022Registered 31/08/2022
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 28/11/2014Registered 01/12/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/07/2000Registered 14/07/2000

CompanyRankvs 43+ SIC 10910 peers
55

Financial strength88th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees3/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£4.1M

Balance sheet strength

Cash

£936k

Cash in the bank

Profit Before Tax

£493k

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

£5.4M

Current Liabilities

£1.8M

Fixed Assets

£698k

Debtors

£3.7M

Admin Expenses

£2.3M

Profit After Tax

£374k

0avg. employees-40

Tax at Year End

Corp tax£125k
Dividends paid£127k

People Costs

Wages & salaries£1.5M

Balance Sheet

Intangible assets£34k
Bank loans & overdrafts£75k
Assets less current liabilities£4.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.92-£164k
20243.30+£241k
20232.87+£434k
20222.98+£997k
20212.09+£1.2M
20201.32

Derived from filed accounts. Not audited figures.