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Chris Read Agricultural Contractor Limited

04615521

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1ST FLOOR, TAUNTON, TA1 3PN
Incorporated 12/12/2002

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

01610
Support activities for crop production

Officers

Mr Christopher Read

director · Since 12/12/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mr Christopher Read

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 62

The Old Post Office, 41-43 Market Place, Chippenham, SN15 3HR

Notified 06/04/2016

Mr John Christopher Read

25–50% shares
25–50% votes

British · England · Age 33

Star Farm, Avening, Tetbury, GL8 8NU

Notified 06/01/2021

Former PSCs

Mrs Margaret Read

Ceased 01/01/2018

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 18/03/2021Registered 01/04/2021
Charge
outstanding

HSBC UK BANK PLC

Created 18/03/2021Registered 01/04/2021

CompanyRankvs 175+ SIC 01610 peers
68

Financial strength92th percentile among SIC peers · 23/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 9.43× · 20/20
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.

Employees5/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£136k

Cash in the bank

Net Current Assets

£577k

Working capital

Current Assets

£645k

Current Liabilities

£68k

Fixed Assets

£996k

Debtors

£505k

1avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Signed by 04615521 2024-01-01 2024-12-31 04615521 2024-12-31 04615521 bus:OrdinaryShareClass1 bus:Non-cumulativeRedeemableShares 2Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20249.43+£74k
20236.81+£258k
202110.32+£78k
20206.16+£63k
20194.05+£89k
20182.90

Derived from filed accounts. Not audited figures.