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Willes Farming Limited

04310055

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ST JOHNS HOUSE, TAUNTON, TA1 4AY
Incorporated 24/10/2001

Compliance

Last accounts

30/11/2024

medium

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds
01290
Growing of other perennial crops
01410
Raising of dairy cattle

Officers

Sarah Jean Berry

director · Since 24/06/2020

British

Henry John Willes

director · Since 02/11/2023

British

Katie Louise Willes

director · Since 02/11/2023

British

Peter Anthony Willes

director · Since 24/10/2001

British

Former

Alison Louise Willes

secretary · Resigned 30/11/2014

David Henry Willes

secretary · Resigned 01/12/2004

Swift Incorporations Limited

corporate nominee secretary · Resigned 24/10/2001

Alison Louise Willes

director · Resigned 30/11/2014

Jack Oliver Willes

director · Resigned 07/11/2024

Instant Companies Limited

corporate nominee director · Resigned 24/10/2001

Swift Incorporations Limited

corporate nominee director · Resigned 24/10/2001

CompanyRankvs 105+ SIC 01110 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

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

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 going co

Key FinancialsYear ending 30/11/2024

Turnover

£10.3M

Annual revenue

Net Worth

£28.8M

Balance sheet strength

Cash

£12.7M

Cash in the bank

Profit Before Tax

£6.4M

Bottom line earnings

Net Current Assets

£19.3M

Working capital

Current Assets

£22.1M

Current Liabilities

£2.8M

Fixed Assets

£10.6M

Debtors

£9.2M

Cost of Sales

£6.7M

Gross Profit

£3.7M

Admin Expenses

£3.0M

Operating Profit

£5.5M

Profit After Tax

£5.9M

54avg. employees+5

Tax at Year End

Corp tax£671k

People Costs

Wages & salaries£2.8M
NI contributions£158k

Balance Sheet

Assets less current liabilities£29.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.94+£16.8M
20161.26

Derived from filed accounts. Not audited figures.