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Happy Days Farming Company Limited

08202784

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

4A EASTGATE, LINCOLN, LN2 1QA
Incorporated 05/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Barrie Michael Claude Kendall Truelove

director · Since 05/09/2012

FARMER

BRITISH · ENGLAND · Age 60

Also on 28 other boards

Mrs Jacqueline Patricia Truelove

director · Since 05/09/2012

SECRETARY

BRITISH · ENGLAND · Age 64

Mr Paul Anthony John Truelove

director · Since 05/09/2012

FARMER

BRITISH · UNITED KINGDOM · Age 67

Also on 23 other boards

Persons with Significant Control

Mr Paul Anthony John Truelove

Significant control

English · England · Age 67

4a, Eastgate, Lincoln, LN2 1QA

Notified 04/09/2016

Mr Barrie Michael Claude Kendall Truelove

Significant control

British · England · Age 60

4a, Eastgate, Lincoln, LN2 1QA

Notified 04/09/2016

Mrs Jacqueline Patricia Truelove

Significant control

British · United Kingdom · Age 64

4a, Eastgate, Lincoln, LN2 1QA

Notified 04/09/2016

Truelove Property & Construction Ltd

75–100% shares
75–100% votes

4a, Eastgate, Lincoln, LN2 1QA

Reg: 0935842 · England · Limited Company

Notified 06/08/2025

Charges2 outstanding

Charge
outstanding

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Created 20/08/2025Registered 20/08/2025
Charge
outstanding

OXBURY BANK PLC

Created 29/10/2021Registered 03/11/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/12/2012Registered 06/12/2012Satisfied 20/01/2022
charge
satisfied

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Created 03/12/2012Registered 06/12/2012Satisfied 20/01/2022
charge
satisfied

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Created 06/11/2012Registered 21/11/2012Satisfied 20/01/2022

CompanyRankvs 450+ SIC 01110 peers
59

Financial strength95th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

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.

Longevity14/15 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

above matters into account the directors do not consider there to be any material uncertainty over their ability to continue trading and accordingly the financial statements have been prepared on a going concern basis. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires the Directors to make judgements and estimates that affect the amounts re

Key FinancialsYear ending 05/04/2025

Net Worth

£9.2M

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£663k

Working capital

Current Assets

£4.9M

Current Liabilities

£4.2M

Fixed Assets

£14.8M

Debtors

£3.0M

10avg. employees+1

Balance Sheet

Assets less current liabilities£15.4M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.16-£470k
20241.45-£751k
20231.76+£1.7M
20220.31+£4.7M
20200.18+£194k
20190.24

Derived from filed accounts. Not audited figures.