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Nynehead Court Farm Limited

12309424

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ADMIN OFFICE, UNIT 1 THE COURTHOUSE, SOMERTON, TA11 7LX
Incorporated 12/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

John Yeates Bailey

secretary · Since 12/11/2019

Mr John Yeates Bailey

director · Since 12/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 35 other boards

Persons with Significant Control

Nynehead Care Limited

75–100% shares
75–100% votes
Appoint directors

Admin Office, Unit 1, The Courthouse, Somerton, TA11 7LX

Reg: 04023447 · Companies House · Limited

Notified 12/11/2019

Charges1 outstanding

Charge
outstanding

BROADWOOD ST LIMITED AS SECURITY TRUSTEE

Created 31/05/2024Registered 04/06/2024
Charge
satisfied

CLEARWELL DEVELOPMENT FINANCE THREE LIMITED

Created 17/08/2022Registered 22/08/2022Satisfied 10/06/2024
Charge
satisfied

CLEARWELL DEVELOPMENT FINANCE THREE LIMITED

Created 17/08/2022Registered 17/08/2022Satisfied 10/06/2024
Charge
satisfied

LENDCO LIMITED

Created 18/08/2021Registered 26/08/2021Satisfied 21/03/2024
Charge
satisfied

LENDCO LIMITED

Created 10/02/2020Registered 14/02/2020Satisfied 21/03/2024

CompanyRankvs 111702+ SIC 68100 peers
22

Financial strength6th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

Longevity7/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

remains in place and is due to be repaid imminently as part of a consolidation of group finance facilities and the directors do not consider this to impair the company's ability to continue as a going concern. An experienced broker has been used as part of this refinance, with a strong expectation that the refinance shall shortly complete. However, alternative options are also available if the ref

Key FinancialsYear ending 30/06/2022

Net Worth

-£53k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£933k

Current Liabilities

£988k

Fixed Assets

£3k

Debtors

£2k

2avg. employees

Balance Sheet

Bank loans & overdrafts£440k
Assets less current liabilities-£52k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.94-£25k
20210.96
20200.98

Derived from filed accounts. Not audited figures.