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Lincolnshire Pig Company Ltd

10513157

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

HIGHGATE FARM GORSE DROVE, SLEAFORD, NG34 0AH
Incorporated 06/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01460
Raising of swine/pigs

Officers

Mr Ian Peter Chick

director · Since 06/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 58

Mrs Rebecca Jessica Anne Chick

director · Since 06/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Ian Peter Chick

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

Highgate Farm, Gorse Drove, Sleaford, NG34 0AH

Notified 06/12/2016

Mrs Rebecca Jessica Anne Chick

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

Highgate Farm, Gorse Drove, Sleaford, NG34 0AH

Notified 06/12/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 30/05/2017Registered 30/05/2017
Charge
outstanding

HSBC BANK PLC

Created 15/05/2017Registered 17/05/2017

CompanyRankvs 317+ SIC 01460 peers
28

Financial strength2th percentile among SIC peers · 1/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 30/12/2024

Net Worth

-£357k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£42k

Current Liabilities

£53k

Fixed Assets

£1.6M

2avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80-£44k
20230.52-£89k
20211.37

Derived from filed accounts. Not audited figures.