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L.S. Farm Ltd

12987944

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

WEST LODGE, LEOMINSTER, HR6 8DQ
Incorporated 02/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01470
Raising of poultry

Officers

Mr Gareth Watkin Morgan

director · Since 02/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mr Lewis Watkin Morgan

director · Since 19/07/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 22

Persons with Significant Control

Mr Gareth Watkin Morgan

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

British · United Kingdom · Age 55

West Lodge, Rainbow Street, Leominster, HR6 8DQ

Notified 02/11/2020

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 17/04/2024Registered 18/04/2024
Charge
outstanding

HSBC UK BANK PLC

Created 01/03/2024Registered 04/03/2024

CompanyRankvs 717+ SIC 01470 peers
30

Financial strength5th percentile among SIC peers · 1/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity6 years trading (max 15) · 6/15
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.

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.

Longevity6/15 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 05/04/2025

Net Worth

-£53k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£205k

Working capital

Current Assets

£864k

Current Liabilities

£1.1M

Fixed Assets

£2.0M

Debtors

£548k

Profit After Tax

-£345k

6avg. employees+2

Tax at Year End

Corp tax£10k

Director Loans

Company owes directors£429k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81-£345k
20240.65+£208k
20231.82
20220.85

Derived from filed accounts. Not audited figures.