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South Eastern Produce Limited

05496521

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

POTTON ROAD, BEDFORDSHIRE, SG18 0ER
Incorporated 01/07/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46310
Wholesale of fruit and vegetables

Officers

Mr Robert Cameron Brown

director · Since 01/07/2005

FARMER

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Alexander Findlay

director · Since 01/07/2005

FARMER

BRITISH · ENGLAND · Age 87

Also on 3 other boards

Jonathan James Findlay

director · Since 01/07/2005

FARMER

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Grahame Moffat Parrish

director · Since 01/07/2005

FARMER

BRITISH · ENGLAND · Age 87

Also on 1 other board

Iain Martin Rook

director · Since 01/07/2005

FARMER

BRITISH · ENGLAND · Age 65

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/10/2008Registered 01/11/2008

CompanyRankvs 266+ SIC 46310 peers
58

Financial strength91th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.02× · 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 strength23/25 pts

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

Employees13/15 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

continue in operational existence for the foreseeable future, the factors described above represent material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern. The financial statements do not include the adjustments that would be required should the Company be unable to continue as a going concern. 2.4 Borrowing costs All borrowing costs are r

Key FinancialsYear ending 30/06/2024

Net Worth

£725k

Balance sheet strength

Cash

£538k

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£2.4M

Current Liabilities

£2.3M

Fixed Assets

£1.0M

Debtors

£1.8M

8avg. employees-2

Balance Sheet

Bank loans & overdrafts£37k
Assets less current liabilities£1.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.02+£137k
20210.96

Derived from filed accounts. Not audited figures.