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James Mason Limited

04418812

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

WESTCOTT FARM, TIVERTON, EX16 9EZ
Incorporated 17/04/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46610
Wholesale of agricultural machinery, equipment and supplies

Officers

Mrs Lesley Jane Prior

secretary · Since 19/07/2005

FARMER

BRITISH · ENGLAND · Age 70

Also on 4 other boards

Mr Roger Jonathan Prior

director · Since 19/07/2005

CHARTERED ACCOUNTANT

ENGLISH · ENGLAND · Age 71

Also on 4 other boards

Mr Elliot David Prior

director · Since 14/08/2022

SALES MANAGER

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mr Roger Jonathan Prior

Significant control

English · England · Age 71

Westcott Farm, Tiverton, EX16 9EZ

Notified 06/04/2016

Mrs Lesley Jane Prior

Significant control

British · England · Age 70

Westcott Farm, Tiverton, EX16 9EZ

Notified 06/04/2016

Masons Farm And Country Limited

75–100% shares

Westcott Farm, Oakford, Tiverton, EX16 9EZ

Reg: 02288623 · England · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 23/04/2012Registered 24/04/2012
charge
outstanding

HSBC BANK PLC

Created 25/11/2011Registered 02/12/2011
charge
satisfied

BANK OF SCOTLAND PLC

Created 28/05/2009Registered 03/06/2009Satisfied 24/04/2012
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 19/10/2005Registered 21/10/2005Satisfied 18/01/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 19/07/2005Registered 26/07/2005Satisfied 24/04/2012
charge
satisfied

HSBC BANK PLC

Created 11/07/2002Registered 16/07/2002Satisfied 22/07/2005

CompanyRankvs 112+ SIC 46610 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.28× · 12/20
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 strength24/25 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.

Liquidity12/20 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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 30/09/2024

Turnover

£62.1M

Annual revenue

Net Worth

£5.5M

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£791k

Bottom line earnings

Net Current Assets

£3.6M

Working capital

Current Assets

£16.3M

Current Liabilities

£12.7M

Fixed Assets

£2.7M

Debtors

£6.0M

Cost of Sales

£56.1M

Gross Profit

£5.9M

Admin Expenses

£5.9M

Profit After Tax

-£600k

106avg. employees-5

Tax at Year End(2023)

Dividends paid-£58k

People Costs

Wages & salaries£6.1M
NI contributions£588k

Balance Sheet

Assets less current liabilities£6.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.28-£600k
20231.31+£1.7M
20221.19

Derived from filed accounts. Not audited figures.