Watts Farms (Sales) Limited
04731663
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 7 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/04/2003
FARMER
BRITISH · ENGLAND · Age 74
Also on 3 other boards
director · Since 11/04/2003
FARMER
BRITISH · ENGLAND · Age 78
Also on 3 other boards
director · Since 06/11/2009
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 5 other boards
director · Since 20/11/2012
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 5 other boards
Persons with Significant Control
Watts Farms Fresh Produce Holdings Limited
Section A, Unit 14, Mills Road, Aylesford, ME20 7NA
Reg: 07845324 · England And Wales · Private Company Limited By Shares
Notified 06/04/2016
Charges7 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC INVOICE FINANCE (UK) LTD
HSBC INVOICE FINANCE (UK) LTD
HSBC UK BANK PLC
BARCLAYS BANK PLC
COVENT GARDEN MARKET AUTHORITY
BARCLAYS BANK PLC
CompanyRankvs 337+ SIC 46310 peers56
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity'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 c
Key FinancialsYear ending 30/09/2023
Turnover
£50.8M
Annual revenue
Net Worth
£391k
Balance sheet strength
Cash
£120k
Cash in the bank
Profit Before Tax
-£58k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£23.3M
Current Liabilities
£22.9M
Debtors
£23.2M
Cost of Sales
£50.3M
Gross Profit
£460k
Admin Expenses
£145k
Operating Profit
£315k
Profit After Tax
-£58k
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.02 | -£58k |
| 2022 | 1.03 | — |
Derived from filed accounts. Not audited figures.