Back to search

M L Smith & Sons Ltd

07764632

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BANK HOUSE, SPALDING, PE11 1TB
Incorporated 06/09/2011

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 06/09/2025

Due 20/09/2026

On track

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds

Officers

Mr Peter Deaton

director · Since 06/09/2011

FARMER

BRITISH · UNITED KINGDOM · Age 78

Mr Julian Michael Smith

director · Since 06/09/2011

FARMER

BRITISH · UNITED KINGDOM · Age 50

Mr Leon Victor Smith

director · Since 06/09/2011

FARMER

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mr Julian Michael Smith

25–50% shares
25–50% votes

British · United Kingdom · Age 50

Bank House, Broad Street, Spalding, PE11 1TB

Notified 31/03/2018

Mr Leon Victor Smith

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Bank House, Broad Street, Spalding, PE11 1TB

Notified 31/03/2018

Charges1 outstanding

Charge
outstanding

OXBURY BANK PLC

Created 05/11/2024Registered 05/11/2024
charge
satisfied

BARCLAYS BANK PLC

Created 09/01/2013Registered 15/01/2013Satisfied 25/07/2024

CompanyRankvs 576+ SIC 01110 peers
67

Financial strength61th percentile among SIC peers · 15/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 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 30/11/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£179k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£399k

Fixed Assets

£1.8M

Debtors

£279k

5avg. employees

Tax at Year End(2023)

Corp tax£13k

Director Loans

Directors owe company£927k

Balance Sheet

Assets less current liabilities£3.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.03+£557k
20233.96+£420k
20222.97+£207k
20212.46-£53k
20201.34-£122k
20191.96-£63k
20182.73

Derived from filed accounts. Not audited figures.