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Totnes Farm Limited

13036253

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

9 WESTERN ROAD, LAUNCESTON, PL15 7AR
Incorporated 23/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Peter John Davies

director · Since 02/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Pjd Construction Limited

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

9 Western Road, Launceston, PL15 7AR

Reg: 05475844 · Companies House · Private Limited Company

Notified 02/12/2022

Former PSCs

Moorhaven Holdings Limited

Ceased 02/12/2022

Pjd Construction Limited

Ceased 27/05/2021

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 24/05/2023Registered 24/05/2023
Charge
outstanding

LLOYDS BANK PLC

Created 24/05/2023Registered 24/05/2023
Charge
satisfied

HAMPSHIRE TRUST BANK PLC

Created 30/07/2021Registered 05/08/2021Satisfied 09/01/2023
Charge
satisfied

HAMPSHIRE TRUST BANK PLC

Created 30/07/2021Registered 05/08/2021Satisfied 09/01/2023

CompanyRankvs 48929+ SIC 41100 peers
34

Financial strength5th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.13× · 20/20
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.

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.

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 31/03/2025

Net Worth

-£143k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.9M

Current Liabilities

£1.4M

0avg. employees-2

Director Loans(2023)

Company owes directors£66k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.13-£11k
20241.98-£62k
2023-£44k

Derived from filed accounts. Not audited figures.