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Mike Porter Limited

09435598

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

GOWERS FARM, BRAINTREE, CM77 8AZ
Incorporated 12/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01610
Support activities for crop production
01630
Post-harvest crop activities

Officers

Mr Michael Ian Porter

director · Since 12/02/2015

AGRICULTURAL BROKER AND CONSULTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Mrs Jayne Caroline Porter

director · Since 24/02/2015

PARTNER M AND J PORTER

BRITISH · UNITED KINGDOM · Age 63

Also on 6 other boards

Persons with Significant Control

Mr Michael Ian Porter

25–50% shares

British · United Kingdom · Age 67

Gowers Farm, Tumblers Green, Braintree, CM77 8AZ

Notified 06/04/2016

Mrs Jayne Caroline Porter

25–50% shares

British · United Kingdom · Age 63

Gowers Farm, Tumblers Green, Braintree, CM77 8AZ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 14/11/2016Registered 14/11/2016

CompanyRankvs 2050+ SIC 01610 peers
65

Financial strength64th percentile among SIC peers · 16/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.34× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees13/15 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.

Longevity11/15 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 31/03/2025

Net Worth

£110k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£72k

Working capital

Current Assets

£122k

Current Liabilities

£52k

Fixed Assets

£43k

5avg. employees+1

Balance Sheet

Assets less current liabilities£115k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.34+£24k
20242.22-£14k
20232.74+£62k
20222.08+£20k
20212.49+£7k
20201.36-£4k
20191.49

Derived from filed accounts. Not audited figures.