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Ystum Colwyn Farms Limited

05662695

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

YSTUM COLWYN, MEIFOD, SY22 6XT
Incorporated 23/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01450
Raising of sheep and goats
01470
Raising of poultry

Officers

Mary Elaine Gittins

secretary · Since 23/12/2005

BRITISH · UNITED KINGDOM · Age 70

Also on 1 other board

John Wynn Gittins

director · Since 23/12/2005

COMPANY DIRECTOR

BRITISH · WALES · Age 73

Mary Elaine Gittins

director · Since 23/12/2005

COMPANY DIRECTOR

BRITISH · WALES · Age 70

Also on 1 other board

Edward Robert Wynn Gittins

director · Since 24/12/2025

BRITISH · WALES · Age 36

James John Ellis Gittins

director · Since 24/12/2025

BRITISH · WALES · Age 41

Persons with Significant Control

James John Ellis Gittins

25–50% shares
25–50% votes

British · Wales · Age 41

Ystum, Colwyn, Meifod, SY22 6XT

Notified 13/11/2024

Edward Robert Wynn Gittins

25–50% shares
25–50% votes

British · Wales · Age 36

Ystum, Colwyn, Meifod, SY22 6XT

Notified 13/11/2024

Former PSCs

John Wynn Gittins

Ceased 13/11/2024

Charges3 outstanding

Charge
outstanding

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outstanding

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outstanding

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CompanyRankvs 162+ SIC 01450 peers
55

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.69× · 6/20
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 strength25/25 pts

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

Employees14/15 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.

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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£9.2M

Balance sheet strength

Cash

£116k

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

-£1.3M

Working capital

Current Assets

£3.0M

Current Liabilities

£4.3M

Fixed Assets

£13.7M

Debtors

£2.9M

Admin Expenses

£1.9M

Profit After Tax

£2.0M

8avg. employees+1

Tax at Year End

Corp tax£629k
Dividends paid£166k

People Costs(2021)

Wages & salaries£63k
NI contributions£245

Balance Sheet

Bank loans & overdrafts£3.0M
Assets less current liabilities£12.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69+£2.7M
20230.81+£2.2M
20211.30+£666k
20201.46+£1.1M
20191.00

Derived from filed accounts. Not audited figures.