Drakes Farming Ltd
12963256
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 19/10/2025
Due 02/11/2026
Industry
Officers
director · Since 20/10/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 1 other board
Persons with Significant Control
Mr Paul Drakes
British · United Kingdom · Age 49
Glebe Farm, Linwood, Market Rasen, LN8 3QQ
Notified 20/10/2020
Mr Stephen Andrew Drakes
British · United Kingdom · Age 52
Glebe Farm, Linwood, Market Rasen, LN8 3QQ
Notified 20/10/2020
Change History
Active
Private Limited Company
GLEBE FARM
MARKET RASEN
CompanyRankvs 2846+ SIC 01500 peers58
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£11k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£7k
Working capital
Current Assets
£16k
Current Liabilities
£9k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.78 | +£2k |
| 2024 | 1.46 | +£2k |
| 2023 | 1.08 | — |
Derived from filed accounts. Not audited figures.
Filing History11 filings
accounts with accounts type micro entity
confirmation statement with updates
accounts with accounts type micro entity
confirmation statement with updates
accounts with accounts type micro entity
confirmation statement with updates
confirmation statement with updates
accounts with accounts type micro entity
change account reference date company previous extended
confirmation statement with updates
incorporation company