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Farmex Limited

09652393

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

APPLEDRAM BARNS, CHICHESTER, PO20 7EQ
Incorporated 23/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Gavin Brown

director · Since 23/06/2015

FARMER

BRITISH · UNITED KINGDOM · Age 72

Mr Hugh Brown

director · Since 23/06/2015

FARMER

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Persons with Significant Control

Mr Robert Paterson Brown

25–50% shares

British · United Kingdom · Age 36

Appledram Barns, Birdham Road, Chichester, PO20 7EQ

Notified 01/10/2018

Former PSCs

Mr Gavin Brown

Ceased 24/06/2019

Mr Hugh Brown

Ceased 24/06/2019

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/12/2015Registered 24/12/2015
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/10/2015Registered 16/10/2015

CompanyRankvs 83778+ SIC 70229 peers
45

Financial strength98th percentile among SIC peers · 25/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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83778Farmex Limited
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/09/2024

Net Worth

£707k

Balance sheet strength

Cash

£139k

Cash in the bank

Net Current Assets

-£552k

Working capital

Current Assets

£148k

Current Liabilities

£700k

Fixed Assets

£1.7M

Debtors

£9k

Profit After Tax

£95k

0avg. employees

Tax at Year End

Corp tax£35k

Balance Sheet

Bank loans & overdrafts£443k
Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21+£95k
20230.00+£86k
20220.31+£111k
20210.18+£65k
20200.17+£87k
20190.17—

Derived from filed accounts. Not audited figures.