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Ren Farming Limited

14843350

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

18 NORTHGATE, SLEAFORD, NG34 7BJ
Incorporated 03/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mrs Joanna Needham

secretary · Since 03/05/2023

Also on 1 other board

Mr Benjamin Robert Needham

director · Since 03/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 38

Mrs Joanna Needham

director · Since 03/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Robert Ezekiel Needham

director · Since 03/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 70

Persons with Significant Control

Mr Robert Ezekiel Needham

25–50% shares
50–75% votes

British · England · Age 70

Home Farmhouse, Little Hale Fen, Sleaford, NG34 9BG

Notified 03/05/2023

Mrs Joanna Needham

25–50% shares
50–75% votes

British · England · Age 65

Home Farm, Little Hale Fen, Sleaford, NG34 9BG

Notified 03/05/2023

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 11/01/2024Registered 23/01/2024
Charge
outstanding

LLOYDS BANK PLC

Created 16/08/2023Registered 16/08/2023

CompanyRankvs 981+ SIC 01500 peers
63

Financial strength91th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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.

Longevity3/15 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

£2.1M

Balance sheet strength

Cash

£130k

Cash in the bank

Net Current Assets

£257k

Working capital

Current Assets

£453k

Current Liabilities

£196k

Fixed Assets

£2.0M

Debtors

£71k

4avg. employees

Balance Sheet

Bank loans & overdrafts£97k
Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.31+£223k
20241.17

Derived from filed accounts. Not audited figures.