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The Milk Cart Ltd

12480845

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

Servis Farm, Servis Farm, Torrington, EX38 8JB
Incorporated 25/02/2020

Compliance

Last accounts

14/08/2025

total exemption full

Next accounts due

14/05/2027

On track

Confirmation statement

Last: 24/12/2025

Due 07/01/2027

On track

Industry

01500
Mixed farming
56103
Take-away food shops and mobile food stands
56290
Other food service activities

Officers

Miss Sharon Claydon

director · Since 25/02/2020

FARMER

ENGLISH · UNITED KINGDOM · Age 52

Mr Robert Mark Squire

director · Since 20/07/2024

FARMER

ENGLISH · ENGLAND · Age 63

Also on 4 other boards

Sharon Claydon

director · Since 25/02/2020

English · United Kingdom · Age 52

Robert Mark Squire

director · Since 20/07/2024

English · England · Age 63

Persons with Significant Control

Miss Sharon Claydon

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

English · United Kingdom · Age 52

Servis Farm, Servis Farm, Torrington, EX38 8JB

Notified 25/02/2020

Charges1 outstanding

Charge
outstanding

FARM FINANCE LIMITED

Created 05/09/2024Registered 05/09/2024

Change History

statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line1Servis Farm
2026-07-27

SERVIS FARM

post townTorrington
2026-07-27

TORRINGTON

officer appointedCLAYDON, Sharon
2026-07-27
officer appointedSQUIRE, Robert Mark
2026-07-27

CompanyRankvs 3685+ SIC 01500 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 19× · 20/20
Longevity7 years trading (max 15) · 7/15
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.

Employees2/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 14/08/2025

Net Worth

-£195k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£192k

Working capital

Current Assets

£202k

Current Liabilities

£11k

Fixed Assets

£523k

Debtors

£191k

0avg. employees

Tax at Year End

VAT£647

Balance Sheet

Bank loans & overdrafts£910k
Assets less current liabilities£715k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioEst. Revenue
202519.00£13k
2024NaN

Derived from filed accounts. Not audited figures.