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Ian Potts & Sons Limited

05549132

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

HEDLEY PARK FARM, HEDLEY ON THE, NORTHUMBERLAND, NE43 7SR
Incorporated 30/08/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mavis Potts

secretary · Since 06/09/2005

FARMER

BRITISH · Age 86

Mr David Potts

director · Since 06/09/2005

FARMER

BRITISH · ENGLAND · Age 62

Mr Jeffrey Potts

director · Since 06/09/2005

FARMER

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr David Potts

50–75% shares
50–75% votes

British · England · Age 62

Hedley Park Farm, Hedley On The Hill, Stocksfield, NE43 7SR

Notified 01/06/2016

Mr Jeffrey Potts

25–50% shares
25–50% votes

British · England · Age 60

Hedley Park Farm, Hedley On The Hill, Stocksfield, NE43 7SR

Notified 01/06/2016

CompanyRankvs 2865+ SIC 01500 peers
56

Financial strength57th percentile among SIC peers · 14/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£49k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£58k

Working capital

Current Assets

£166k

Current Liabilities

£224k

Fixed Assets

£129k

Debtors

£29k

1avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£71k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.74+£21k
20230.83-£14k
20220.93

Derived from filed accounts. Not audited figures.