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Watts Farms Fresh Produce Holdings Limited

07845324

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

SECTION A UNIT 14 MILLS ROAD, AYLESFORD, ME20 7NA
Incorporated 11/11/2011

Compliance

Last accounts

30/09/2024

group

Next accounts due

27/06/2026

On track

Confirmation statement

Last: 11/11/2025

Due 25/11/2026

On track

Industry

64201
Activities of agricultural holding companies

Officers

Mr Michael Berkeley Gray

director · Since 11/11/2011

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 3 other boards

Mr Joseph Cottingham

director · Since 20/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Mrs Avril Marion Gray

director · Since 20/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Dr Edward Donald Berkerley Gray

director · Since 20/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 5 other boards

Persons with Significant Control

Mrs Avril Marion Gray

25–50% shares
25–50% votes

British · England · Age 74

Section A Unit 14, Mills Road, Aylesford, ME20 7NA

Notified 06/04/2016

Mr Michael Berkeley Gray

25–50% shares
25–50% votes

British · England · Age 78

Section A Unit 14, Mills Road, Aylesford, ME20 7NA

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 02/12/2025Registered 08/12/2025
Charge
outstanding

HSBC UK BANK PLC

Created 21/02/2019Registered 25/02/2019
Charge
outstanding

HSBC UK BANK PLC

Created 21/02/2019Registered 21/02/2019
Charge
satisfied

HSBC UK BANK PLC

Created 21/02/2019Registered 21/02/2019Satisfied 09/05/2025
charge
satisfied

BARCLAYS BANK PLC

Created 21/08/2012Registered 22/08/2012Satisfied 26/04/2019
charge
satisfied

BARCLAYS BANK PLC

Created 10/08/2012Registered 11/08/2012Satisfied 26/04/2019
charge
satisfied

BARCLAYS BANK PLC

Created 30/06/2012Registered 10/07/2012Satisfied 26/04/2019

CompanyRankvs 302+ SIC 64201 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.79× · 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 strength0/25 pts

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

Employees15/15 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

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

£51.4M

Annual revenue

Net Worth

-£872k

Balance sheet strength

Cash

£778k

Cash in the bank

Profit Before Tax

-£1.0M

Bottom line earnings

Net Current Assets

-£4.0M

Working capital

Current Assets

£15.6M

Current Liabilities

£19.6M

Fixed Assets

£5.8M

Debtors

£12.4M

Cost of Sales

£46.0M

Gross Profit

£5.4M

Admin Expenses

£6.6M

Operating Profit

-£479k

Profit After Tax

-£501k

343avg. employees-24

Tax at Year End

Dividends paid-£490k

People Costs

Wages & salaries£10.0M
NI contributions£1.0M

Balance Sheet

Bank loans & overdrafts£2.0M
Assets less current liabilities£1.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20230.79-£501k
20220.77

Derived from filed accounts. Not audited figures.