MIRA
INFORM REPORT
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Report Date : |
17.10.2007 |
IDENTIFICATION DETAILS
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Name : |
HOADS FARM LIMITED |
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Registered Office : |
Village Farm Catton, Thirsk, North |
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Country : |
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Financials (as on) : |
30.06.2006 |
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Date of Incorporation : |
09/12/2005 |
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Com. Reg. No.: |
05650739 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
-- |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Identification Details
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Subject Reported on |
HOADS FARM LIMITED |
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Holding Company |
Yorkshire Farmhouse Eggs Ltd |
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Ultimate Holding Company |
YORKSHIRE FARMHOUSE EGGS LTD |
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Registered Office |
Village Farm Catton, Thirsk, North |
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Average Risk - This company has an average risk status and
should be treated with a degree of caution |
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Credit Limit |
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Selling to this company? The Credit Limit is the recommended
maximum outstanding debtor exposure at any one time. |
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Contract Limit |
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Buying from this company? The Contract Limit is the
recommended aggregate annual value for supply contracts. |
Official Company
Data
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Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
05650739 |
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Date of Incorporation |
09/12/2005 |
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Registered Office |
Village Farm Catton, Thirsk, North |
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Date of Last Annual Return to Registry |
09/12/2006 |
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Accounts |
The last filed accounts cover the period to 30/06/2006 and
were filed on 01/03/2007 |
Recently Filed
Documents
Details of the most recent documents
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Date
Received |
Description |
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09/12/2006 |
Annual Return |
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30/06/2006 |
Financial Statement / Set of Accounts |
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It should be noted that there is no legal requirement to
file satisfaction details of mortgages/charges at Companies House. |
Known Directors
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DIRECTOR |
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Occupation |
FARMER |
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Address |
VILLAGE FARM , CATTON , THIRSK , NORTH |
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Country of Origin |
BRITISH |
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Date of Birth |
22/01/1950 |
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Appointment Date |
09/12/2005 |
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Other Appointments |
G R POTTER PLANT HIRE LIMITED, YORKSHIRE FARMHOUSE
EGGS LIMITED, HOADS FARM LIMITED |
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DIRECTOR |
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Occupation |
FARMER |
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Address |
VILLAGE FARM , CATTON , THIRSK , NORTH |
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Country of Origin |
BRITISH |
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Date of Birth |
08/05/1949 |
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Appointment Date |
09/12/2005 |
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Other Appointments |
YORKSHIRE FARMHOUSE EGGS LIMITED, HOADS FARM LIMITED |
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DIRECTOR |
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Occupation |
MANAGER |
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Address |
VILLAGE FARM , CATTON , THIRSK , NORTH |
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Country of Origin |
BRITISH |
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Date of Birth |
14/06/1975 |
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Appointment Date |
09/12/2005 |
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Other Appointments |
YORKSHIRE FARMHOUSE EGGS LIMITED, HOADS FARM LIMITED |
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DIRECTOR |
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Occupation |
DIRECTOR |
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Address |
VILLAGE FARM , CATTON , THIRSK , NORTH |
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Country of Origin |
BRITISH |
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Date of Birth |
04/05/1977 |
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Appointment Date |
09/12/2005 |
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Other Appointments |
YORKSHIRE FARMHOUSE EGGS LIMITED, HOADS FARM LIMITED |
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SECRETARY |
MS SUSAN POTTER |
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Address |
VILLAGE FARM, CATTON , THIRSK , NORTH |
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Country of Origin |
BRITISH |
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Date of Birth |
22/01/1950 |
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Appointment Date |
09/12/2005 |
Recently Resigned Directors
(last 3)
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DIRECTOR |
COMPANY DIRECTORS LIMITED - |
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Occupation |
REGISTRATION AGENT |
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Address |
788-7 , |
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Resignation Date |
09/12/2005 |
Share Summary
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Share information is not held for this company. |
Mortgages and
Charges
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Total Registered |
1 |
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Total Outstanding |
1 |
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Total Satisfied |
0 |
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Most Recent Mortgage |
02/05/2006 |
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Date Registered |
04/05/2006 |
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Type |
395 |
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Date Created |
02/05/2006 |
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Lender |
CLYDESDALE BANK PUBLIC LIMITED COMPANY |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE
CHARGEE ON ANY ACCOUNT WHATSOEVER |
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Details |
FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL
PROPERTY AND ASSETS PRESENT AND FUTURE INCLUDING GOODWILL BOOKDEBTS UNCALLED
CAPITAL BUILDINGS FIXTURES FIXED PLANT AND MACHINERY |
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Satisfied? |
No |
Public Record
Information
Summary of CCJ's/Scottish Decrees
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There are no unsatisfied CCJs against the company. |
Operations
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Sic Code |
Description |
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Staff Employed |
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Financial Data
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The following figures are shown in units of 000 |
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Profit and Loss |
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Number of Weeks |
52 |
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Accounts Date |
30/06/2006 |
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Currency |
GBP |
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Consolidated? |
No |
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RETAINED PROFITS |
- |
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Balance Sheet |
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Number of Weeks |
52 |
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Accounts Date |
30/06/2006 |
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Currency |
GBP |
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Consolidated? |
No |
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TOTAL FIXED ASSETS |
346 |
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Total Fixed Assets |
75 |
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Intangible Assets |
271 |
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TOTAL CURRENT ASSETS |
128 |
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Stocks |
6 |
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Trade Debtors |
119 |
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Cash |
3 |
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TOTAL ASSETS |
474 |
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TOTAL CURRENT LIABILITIES |
227 |
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Other Current Liabilities |
227 |
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WORKING CAPITAL |
-99 |
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TOTAL LONG TERM LIABS |
250 |
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Other Long Term Liabilities |
250 |
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NET ASSETS/(LIABILITIES) |
247 |
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SHARE CAPITAL + RESERVES |
-4 |
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Issued Share Capital |
0 |
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Profit and Loss account |
-4 |
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SHAREHOLDERS FUNDS |
-4 |
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CAPITAL EMPLOYED |
246 |
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TANGIBLE NET WORTH |
-274 |
Key Credit Ratios
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Accounts Date |
30/06/2006 |
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Current Ratio |
0.56 |
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Quick Ratio |
0.54 |
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T.N.W/Total Assets |
-0.58 |
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Equity Gearing |
-0.01 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)