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Morrells Farming Limited

04274240

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 5 outstanding charges (-10)

Details

SANDFORD COMMON, CHIPPING NORTON, OX7 7AE
Incorporated 21/08/2001

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/08/2025

Due 04/09/2026

On track

Industry

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

Officers

Mrs Anne Catherine Ballard

director · Since 18/11/2003

OFFICE MANAGER

BRITISH · ENGLAND · Age 76

Also on 4 other boards

Dr David James George Morrell

director · Since 18/11/2003

FARMER

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Mrs Lavinia Clare Taylor

director · Since 13/05/2025

RETIRED RACEHORSE TRAINER

BRITISH · ENGLAND · Age 73

Also on 2 other boards

Persons with Significant Control

Morrells Holdings Limited

75–100% shares
75–100% votes

Sandford Common Farm, Sandford Common, Chipping Norton, OX7 7AE

Reg: 00379944 · England & Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 30/01/2018Registered 06/02/2018
Charge
outstanding

LLOYDS BANK PLC

Created 01/11/2017Registered 03/11/2017
Charge
satisfied

LLOYDS BANK PLC

Created 22/09/2014Registered 26/09/2014Satisfied 25/02/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 17/10/2012Registered 23/10/2012Satisfied 30/03/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/06/2010Registered 11/06/2010Satisfied 30/03/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/06/2010Registered 11/06/2010Satisfied 30/03/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/06/2010Registered 11/06/2010Satisfied 30/03/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/06/2010Registered 11/06/2010Satisfied 30/03/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/06/2010Registered 11/06/2010Satisfied 30/03/2015
charge
outstanding

THE AGRICULTURAL MORTGAGE CORPORATION PLC

Created 25/02/2010Registered 11/03/2010
charge
outstanding

LLOYDS TSB BANK PLC

Created 22/02/2010Registered 23/02/2010
charge
outstanding

LLOYDS TSB BANK PLC

Created 29/01/2010Registered 02/02/2010
charge
satisfied

AGRICULTURAL MORTGAGE CORPORATION PLC

Created 20/10/2009Registered 31/10/2009Satisfied 25/02/2026

CompanyRankvs 1439+ SIC 01110 peers
55

Financial strength92th percentile among SIC peers · 23/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength23/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/03/2024

Net Worth

£7.1M

Balance sheet strength

Cash

£385k

Cash in the bank

Net Current Assets

-£10.6M

Working capital

Current Assets

£953k

Current Liabilities

£11.6M

Fixed Assets

£18.1M

Debtors

£315k

Profit After Tax

£203k

4avg. employees

Tax at Year End

Corp tax£100k

People Costs(2020)

Wages & salaries£79k
NI contributions£3k

Balance Sheet

Assets less current liabilities£7.5M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£12k
20230.10+£203k
20220.11-£21k
20210.10+£250k
20200.07+£63k
20190.06

Derived from filed accounts. Not audited figures.