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Drummers Farming Limited

11301366

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

1ST FLOOR, TAUNTON, TA1 3PN
Incorporated 10/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Charlie Read

director · Since 10/04/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Mark Read

director · Since 10/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 37

Mrs Jessica Louise Read

director · Since 12/01/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Mark Read

50–75% shares
50–75% votes
Appoint directors

British · England · Age 37

Maltravers House, Petters Way, Yeovil, BA20 1SH

Notified 10/04/2018

Mr Charlie Read

25–50% shares
25–50% votes

British · England · Age 69

1st Floor, 39-40 High Street, Taunton, TA1 3PN

Notified 15/04/2019

Former PSCs

Charlie Read

Ceased 15/04/2019

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 25/10/2018Registered 25/10/2018

CompanyRankvs 1132+ SIC 01500 peers
61

Financial strength61th percentile among SIC peers · 15/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Birdsall Estates Company Limited
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2Maurice Crouch (Growers) Limited
90
3Smith Farms (Clacton) Limited
90
4George Thompson(Farms)Limited
90
5Patrick Dean Limited
90
6Willoughby Farms Limited
90
7Chandler & Dunn Limited
90
8D. Dalton & Son Limited
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9Ben Smith & Sons(Wantage)Limited
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10A.G. Hedges (Farms) Limited
90
1132Drummers Farming Limited
71
How is this score calculated?
Financial strength15/25 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.

Longevity8/15 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 31/12/2024

Net Worth

£90k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£311k

Working capital

Current Assets

£569k

Current Liabilities

£260k

Fixed Assets

£527k

5avg. employees+1

Balance Sheet

Assets less current liabilities£838k
Signed by 11301366 2024-01-01 2024-12-31 11301366 2024-12-31 11301366 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.19+£44k
20230.20-£8k
20220.22+£60k
20210.18+£30k
20200.15+£8k
20190.15-£17k
20180.15—

Derived from filed accounts. Not audited figures.