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Thornbury Farms Ltd

14225500

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

THE GAER, WELSHPOOL, SY21 8NR
Incorporated 11/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mr David Gethin

director · Since 11/07/2022

FARMER

BRITISH · UNITED KINGDOM · Age 70

Mrs Sarah Gethin

director · Since 11/07/2022

FARMER

BRITISH · UNITED KINGDOM · Age 71

Mr Tom Gethin

director · Since 11/07/2022

FARMER

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr David Gethin

25–50% shares
25–50% votes

British · United Kingdom · Age 70

The Gaer, Forden, Welshpool, SY21 8NR

Notified 11/07/2022

Mrs Sarah Gethin

25–50% shares
25–50% votes

British · United Kingdom · Age 71

The Gaer, Forden, Welshpool, SY21 8NR

Notified 11/07/2022

Mr Tom Gethin

25–50% shares
25–50% votes

British · United Kingdom · Age 39

The Gaer, Forden, Welshpool, SY21 8NR

Notified 11/07/2022

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/11/2024Registered 29/11/2024
Charge
outstanding

HSBC UK BANK PLC

Created 21/12/2023Registered 08/01/2024
Charge
outstanding

HSBC UK BANK PLC

Created 27/12/2023Registered 28/12/2023

CompanyRankvs 1404+ SIC 01500 peers
59

Financial strength64th percentile among SIC peers · 16/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.97× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees14/15 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.

Longevity4/15 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

£117k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£4.8M

Current Liabilities

£966k

Fixed Assets

£2.4M

Debtors

£600k

9avg. employees

Tax at Year End

Corp tax£45k

Balance Sheet

Assets less current liabilities£6.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.97+£55k
20242.00

Derived from filed accounts. Not audited figures.