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Millward Farms Ltd

12998814

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

MOAT FARM FAULS GREEN, WHITCHURCH, SY13 2AS
Incorporated 05/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mr Jason Matthew Millward

director · Since 05/11/2020

FARMER

BRITISH · UNITED KINGDOM · Age 30

Persons with Significant Control

Mr Jason Matthew Millward

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

British · United Kingdom · Age 30

Moat Farm, Fauls Green, Whitchurch, SY13 2AS

Notified 05/11/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 31/10/2022Registered 07/11/2022

CompanyRankvs 5353+ SIC 01500 peers
21

Financial strength6th percentile among SIC peers · 2/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.26× · 2/20
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 strength2/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/11/2024

Net Worth

-£91k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£120k

Working capital

Current Assets

£42k

Current Liabilities

£163k

Fixed Assets

£48k

1avg. employees

Balance Sheet

Assets less current liabilities-£73k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26-£54k
20230.59-£50k
20221.26+£11k
20211.71

Derived from filed accounts. Not audited figures.