Back to search

Merrifield Agriculture Ltd

09283393

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

138 HIGH STREET, CREDITON, EX17 3DX
Incorporated 28/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mr Peter John Coleman

director · Since 28/10/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Persons with Significant Control

Mr Peter John Coleman

75–100% shares
75–100% votes

British · United Kingdom · Age 77

Merrifield, Upton Hellions, Crediton, EX17 4AF

Notified 06/04/2016

Former PSCs

Mrs Susan Mary Coleman

Ceased 06/07/2016

CompanyRankvs 1645+ SIC 01500 peers
66

Financial strength53th percentile among SIC peers · 13/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 5.41× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength13/25 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.

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.

Longevity12/15 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 31/12/2024

Net Worth

£33k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£21k

Current Liabilities

£4k

Fixed Assets

£15k

Debtors

£11k

1avg. employees

Tax at Year End

Corp tax£2k

Director Loans

Company owes directors£27

Balance Sheet

Assets less current liabilities£33k
Signed by Mr Peter Coleman 23 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.41+£7k
20233.02-£4k
20228.80-£32k
202121.67-£2k
202018.82-£60k
201949.37+£15k
20188.64

Derived from filed accounts. Not audited figures.