Worth Farms Produce Limited
10237093
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/05/2025
medium
Next accounts due
28/02/2027
Confirmation statement
Last: 10/06/2026
Due 24/06/2027
Industry
Officers
secretary · Since 18/07/2023
director · Since 18/07/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 16 other boards
director · Since 18/07/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 22 other boards
Persons with Significant Control
Worth Farms Produce Group Limited
Emmett, Washway Road, Spalding, PE12 6LQ
Notified 02/01/2021
Former PSCs
Mrs Sarah Margaret Bailey
Ceased 02/06/2020
Mrs Sarah Margaret Bailey
Ceased 01/06/2021
Mr Colin Sansbury Bailey
Ceased 01/06/2021
Charges1 outstanding
RURAL ASSET FINANCE LIMITED
LEUMI UK GROUP LIMITED
RITELITE (SYSTEMS) LIMITED
CompanyRankvs 436+ SIC 01130 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company'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 co
Key FinancialsYear ending 31/05/2025
Turnover
£9.4M
Annual revenue
Net Worth
£1.7M
Balance sheet strength
Cash
£55k
Cash in the bank
Profit Before Tax
-£843k
Bottom line earnings
Net Current Assets
-£2.9M
Working capital
Current Assets
£8.1M
Current Liabilities
£11.0M
Fixed Assets
£5.2M
Debtors
£4.1M
Cost of Sales
£8.6M
Gross Profit
£852k
Admin Expenses
£1.6M
Operating Profit
-£705k
Profit After Tax
-£1.1M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.74 | +£0 |
| 2025 | 0.74 | — |
Derived from filed accounts. Not audited figures.