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Middlehowe Farms Ltd

10578468

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

WESTFIELD FARM, BEVERLEY, HU17 8TD
Incorporated 23/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mrs Sarah Dearing

secretary · Since 23/01/2017

Also on 1 other board

Mr James Dearing

director · Since 23/01/2017

FARMER

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mrs Sarah Dearing

director · Since 23/01/2017

TEACHER

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Persons with Significant Control

Mr James Dearing

25–50% shares
25–50% votes

British · England · Age 53

Westfield Farm, Walkington, Beverley, HU17 8TD

Notified 23/01/2017

Mrs Sarah Dearing

25–50% shares
25–50% votes

British · United Kingdom · Age 53

Westfield Farm, Walkington, Beverley, HU17 8TD

Notified 15/12/2024

Former PSCs

Mr John Robert Dearing

Ceased 02/06/2023

Mrs Jane Anne Dearing

Ceased 24/07/2024

CompanyRankvs 1055+ SIC 01500 peers
62

Financial strength68th percentile among SIC peers · 17/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.49× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees11/15 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.

Longevity9/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 31/03/2025

Net Worth

£182k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£227k

Current Liabilities

£41k

Fixed Assets

£2k

Debtors

£84k

3avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Assets less current liabilities£188k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.49+£44k
202412.43-£7k
20234.94+£55k
20224.63+£23k
20212.32-£24k
20205.17+£7k
20193.56

Derived from filed accounts. Not audited figures.