A. H. WORTH (FOSDYKE) LIMITED

FLEET ESTATE OFFICE, MANOR FARM HOLBEACH HURN,, HOLBEACH, SPALDING, LINCOLNSHIRE,, PE12 8LR

Previous name: EMMETT UK LIMITED (changed on 02-Dec-2021)

Company Number: 02320731
Incorporation date: 22-Nov-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
01130 Growing of vegetables and melons, roots and tubers

SUMMARY

This company is 35.4 years old and is currently active. It is controlled by Sansbury Bailey Holdings Limited. The company has positive equity (net assets) of GBP 2.9 million which has decreased from the previous year's figure of GBP 3.1 million. The latest reported revenue figure is GBP 45.2 million which is up 10% on previous year's figure of GBP 42.1 million. Retained earnings is negative (GBP -137.5 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 34 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 28-Feb-2025
Accounts Filed: FULL (31-May-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Paid	Tax	Net Profit GBP
31-May-2023	GBP	45,243,466	-217,454	7,060		-224,514
31-May-2022	GBP	42,121,355	-123,897	113,447	68,928	-306,272
29-May-2021	GBP	50,725,195	575,754	478,269	294,084	-196,599
01-Jun-2019	GBP	45,001,481	663,041	543,437	11,913	107,691
26-May-2018	GBP	45,098,000	824,000	628,000		168,000
27-May-2017	GBP	44,356,000	456,000	617,000	-39,000	-200,000
28-May-2016	GBP	44,040,000	1,018,000	597,000	148,000	539,000
30-May-2015	GBP	52,261,000	2,261,000	1,320,000	268,000	810,000
23-Feb-2014	GBP	34,463,000	1,212,000	872,000	90,000	250,000
23-Feb-2013	GBP	32,074,000	1,026,000	719,000	91,000	216,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-May-2023	GBP	427,618	8,290,148	8,490,105	1,720,494	3,000,000	20,000	-137,478	2,882,522
31-May-2022	GBP	1,157,607	7,862,385	8,132,235	1,853,049	3,000,000	20,000	87,036	3,107,036
29-May-2021	GBP	753,503	13,307,204	14,853,751	765,509	3,000,000	20,000	393,308	3,413,308
30-May-2020	GBP						20,000	2,940,967	2,960,967
01-Jun-2019	GBP	264,254	15,215,843	14,503,613	3,011,101	3,000,000	20,000		5,907,246
26-May-2018	GBP	1,220,000	10,010,000	10,583,000	3,489,000	1,500,000	20,000	2,780,000	4,300,000
27-May-2017	GBP	1,328,000	14,574,000	16,694,000	3,538,000	1,500,000	20,000	2,862,000	4,382,000
28-May-2016	GBP	1,466,000	10,578,000	14,000	15,000	18,000	18,000	18,000	6,982,000
30-May-2015	GBP	210,000	8,111,000	8,069,000	4,122,000	1,500,000	20,000	1,777,000	4,209,000
23-Feb-2014	GBP	1,000	19,244,000	18,901,000	2,985,000	1,500,000	20,000	1,967,000	4,399,000
23-Feb-2013	GBP	1,000	11,788,000	10,165,000	3,898,000	1,500,000	8,208,000	1,717,000	4,310,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
29-May-2021	GBP	100.00%	3,000,000	0	3,000,000	1,506,003
30-May-2020	GBP	inf%	-3,000,000	3,000,000	0	2,873,424
01-Jun-2019	GBP	50.00%	1,500,000	1,500,000	3,000,000	4,757,924
27-May-2017	GBP	98.80%	1,484,000	18,024	1,502,024	1,139,524
28-May-2016	GBP	-8,233.33%	-1,484,000	1,502,024	18,024	1,990,524

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Mark Richard HENSON	04 Oct 2021	18 Apr 2024			1 - 0
Resigned	Lisa Jayne ALCOCK	26 Apr 2016	04 Oct 2021			0 - 1
Resigned	EUREKOM LIMITED	08 May 2007	07 Oct 2008			0 - 14
Resigned	EMMETT & BAILEY HOLDINGS LTD	16 Mar 2007	08 May 2007			0 - 10
Resigned	Claire BAILEY	14 Jan 2002	16 Mar 2007	British	British	0 - 4
Resigned	John Frederick EMMETT	08 Mar 1993	14 Jan 2002			0 - 13
Resigned	William Henry EMMETT		08 Mar 1993		British	1 - 9

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Benjamin WORTH	04 Oct 2021		Director	British	18 - 7	1 (4.0%)
Active	Duncan Richard WORTH	04 Oct 2021		Director	British	25 - 7	0 (0.0%)
Resigned	Lisa Jayne ALCOCK	21 May 2018	04 Oct 2021	Director	British	0 - 10	1 (10.0%)
Resigned	Nigel Richard PATRICK	13 Jun 2016	21 May 2018	Farms Director	British	0 - 6	0 (0.0%)
Resigned	David Alan TRUMBLE	09 Jun 2015	04 Oct 2021	Finance Director	British	3 - 10	1 (7.7%)
Resigned	Richard Nicholas REYNOLDS	09 Jun 2015	21 May 2018	Farm Director	British	1 - 3	0 (0.0%)
Resigned	Alexander BOUGHTON	09 Jun 2015	04 Oct 2021	Sales Director	British	2 - 10	1 (8.3%)
Resigned	Tim James FITZSIMMONS	09 Jun 2015	21 May 2018	Operations Director	British	1 - 3	0 (0.0%)
Resigned	Jonathan Michael TREMAYNE	01 Sep 2007	01 Jun 2012	Director	British	0 - 16	7 (43.8%)
Resigned	Stefan DE CRISTOFORO	30 May 2002	23 Jul 2004	Director	British	0 - 1	0 (0.0%)
Resigned	Matthew James, Mr. WARREN	30 May 2002	01 Mar 2008	Director	British	0 - 6	1 (16.7%)
Resigned	Colin Sansbury BAILEY	07 Jun 2001	04 Oct 2021	British	British	2 - 23	12 (48.0%)
Resigned	William Henry EMMETT	03 Apr 1998	06 Jun 2001	Farmer	British	1 - 9	2 (20.0%)
Resigned	John Frederick EMMETT	08 Sep 1995	10 Apr 2007	Farmer	British	0 - 13	3 (23.1%)
Resigned	John Frederick EMMETT		10 Apr 2007	Farmer	British	0 - 13	3 (23.1%)
Resigned	William Henry EMMETT		06 Jun 2001	Farmer	British	1 - 9	2 (20.0%)

Number of active directors: 2
Average tenure of active directors: 2.5 years
Average tenure of resigned directors: 5.1 years
Average active director Dissolution Rate: 2.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Benjamin WORTH	Duncan Richard WORTH
STRUTT AND PARKER (FARMS) LIMITED (00151618) - Active		✔
A H WORTH AND COMPANY LIMITED (00451065) - Active	✔	✔
A.H. WORTH (FLEET) (00530655) - Active	✔	✔
A.H. WORTH (FARMS) (00530656) - Active	✔	✔
BOSTON AND SOUTH HOLLAND INFORMATION TECHNOLOGY CENTRE (01790133) - Dissolved	✔
GREYFRIARS (UK) LIMITED (02091973) - Active	✔	✔
A H WORTH LIMITED (02267537) - Active	✔	✔
A. H. WORTH (FOSDYKE) LIMITED (02320731) - Active	✔	✔
SAFFRON SCIENTIFIC EQUIPMENT LIMITED (02722741) - Active	✔
HOLBEACH MARSH CO-OPERATIVE LIMITED (02880419) - Active		✔
QV FOODS LIMITED (02894917) - Active	✔	✔
SUTTON BRIDGE EXPERIMENTAL UNIT LIMITED (02966113) - Active		✔
PSEEDCO LIMITED (03029319) - Active	✔	✔
G.S.P.K. LIMITED (03085848) - Active	✔
BQV PRODUCE LIMITED (03795391) - Active	✔	✔
SANSBURY BAILEY HOLDINGS LIMITED (04191305) - Active		✔
KNARESBOROUGH TECHNOLOGY PARK LIMITED (04265751) - Active	✔
OPENFIELD MARKETING LIMITED (04536416) - Active		✔
WORTH FARMS LIMITED (04595713) - Active	✔	✔
MANOR FRESH LIMITED (05628117) - Active		✔
EUROPA PRODUCE LIMITED (05858649) - Active	✔	✔
EMMETT FARMING GROUP LIMITED (06247666) - Active	✔	✔
POTATO COUNCIL LIMITED (06410734) - Active		✔
FRESH APPROACH PRODUCE LIMITED (06459854) - Active	✔	✔
FRESH APPEAL LIMITED (06941637) - Active	✔	✔
TUBERGEN LIMITED (07596508) - Active	✔	✔
HOLBEACH BIOGAS LIMITED (07739876) - Active		✔
AHW (OPERATING) CO LIMITED (07944839) - Active		✔
AHW (PROPERTY) CO LIMITED (08364571) - Active		✔
ASSOCIATION OF DRAINAGE AUTHORITIES (08948603) - Active		✔
ANGLIA GROWING PARTNERSHIP LIMITED (09236845) - Active		✔
HARTSWORTH LIMITED (09885406) - Active	✔
EMMETT FARMS (UK) LIMITED (10237093) - Active	✔	✔
WORTH GROWERS LIMITED (12063342) - Active	✔	✔
MFL WORTH LIMITED (14111589) - Active	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2020-02-19	2019-08-13	2016-03-22	2015-03-22	2014-03-22
SANSBURY BAILEY HOLDINGS LIMITED	ORDINARY	2,000,000 66.7%	2,000,000 66.7%	1,500,000 100%	1,500,000 100%	16,000 100%
SANSBURY BAILEY HOLDINGS LIMITED	PREFERENCE	1,000,000 33.3%	0 0%	0 0%	0 0%	0 0%
SANSBURY BAILEY FARMING LIMITED	PREFERENCE	0 0%	1,000,000 33.3%	0 0%	0 0%	0 0%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - 25-50%:G A Worth Trust - ceased
    25-50%:Mr Andrew Donald Worth - active
    25-50%:Mr Anthony James Longmore Worth - ceased
    25-50%:Mr Duncan Richard Worth - active
    25-50%:Mr Stephen John Ellwood - active
    25-50%:Mr Stephen Tom Worth - active
    25-50%:Ms Amy Elizabeth Worth - active
    25-50%:Ms Polly Theresa Payne - active
    >75%:A H Worth & Company Ltd (00451065 - United Kingdom) active
  >75%:Ahw (Operating) Co Limited (07944839 - United Kingdom) active
- - >75%:Emmett Farming Group Limited - active
  - Significant influence or control:Mr Colin Sansbury Bailey - ceased
  - >75%:Mrs Sarah Margaret Bailey - ceased
  25-50%:Emmett Farms (Uk) Limited (10237093 - United Kingdom) ceased
- >75%:Mr Colin Sansbury Bailey - ceased
- 25-50%:Mrs Sarah Bailey - ceased
>75%:Sansbury Bailey Holdings Limited (04191305 - United Kingdom) active

Controlling entities above

A. H. WORTH (FOSDYKE) LIMITED

Controlled companies below

>75%:EMMETT UK ORGANICS LIMITED (10649929 - UK) ceased
>75%:EMMETT UK FARMING LIMITED (05599539 - UK) ceased

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2021-05-30	2021-11-27		%	%	52093
2021-05-30	2021-11-27	48	28%	79%	52094
2020-11-29	2021-05-29	47	29%	69%	45312
2020-05-31	2020-11-28	54	41%	82%	38507
2019-12-01	2020-05-30	46	23%	85%	31831
2019-06-02	2019-11-30	45	24%	83%	24600
2018-11-25	2019-06-01	67	46%	80%	24599
2018-05-27	2018-11-24	65	43%	76%	9244
2017-11-26	2018-05-26	63	43%	71%	2055
2017-05-28	2017-11-25	64	50%	70%	236

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 01130 Growing of vegetables and melons, roots and tubers)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
G'S FRESH LIMITED	BARWAY, ELY, CAMBRIDGESHIRE, CB7 5TZ	05440764	2018-05-05	299,347,000	2,154,000
GREENVALE AP LIMITED	GREENVALE AP LIMITED FLOODS FERRY ROAD, DODDINGTON, MARCH, ENGLAND, PE15 0UW	03163230	2018-06-30	145,632,000	4,087,000	01630-Post-harvest crop activities 10310-Processing and preserving of potatoes
CAVAGHAN & GRAY LIMITED	TRINITY PARK HOUSE, FOX WAY, WAKEFIELD, WEST YORKSHIRE, WF2 8EE	00159189	2017-07-29	144,011,000	17,286,000	10200-Processing and preserving of fish, crustaceans and molluscs 10390-Other processing and preserving of fruit and vegetables
SPRINGHILL FARMS (PERSHORE) LIMITED	EVESHAM VALE GROWERS LTD BIRMINGHAM ROAD, BLACKMINSTER, EVESHAM, WORCESTERSHIRE, WR11 7TD	06015601	2018-03-31	77,636,673	0	46310-Wholesale of fruit and vegetables
G'S GROWERS LIMITED	'BARWAY', ELY, CAMBRIDGESHIRE, CB7 5TZ	01806047	2018-05-05	68,065,000	169,000	01610-Support activities for crop production 46170-Agents involved in the sale of food, beverages and tobacco
HUNTAPAC PRODUCE LIMITED	293 BLACKGATE LANE, HOLMES TARLETON, PRESTON, LANCASHIRE, PR4 6JJ	01409925	2018-06-30	48,397,683	1,092,472	10390-Other processing and preserving of fruit and vegetables
EMMETT UK LIMITED	FLEET ESTATE OFFICE, MANOR FARM HOLBEACH HURN,, HOLBEACH, SPALDING, LINCOLNSHIRE,, ENGLAND, PE12 8LR	02320731	2018-05-26	45,098,000	168,000
ALAN BARTLETT & SONS (CHATTERIS) LIMITED	BARTLETT BUSINESS PARK- UNIT 14, HUNTINGDON ROAD, CHATTERIS, ENGLAND, PE16 6EG	06891002	2018-05-31	33,492,470	114,198
HAMMOND PRODUCE LIMITED	NEW FARM, MANSFIELD ROAD, REDHILL, NOTTINGHAM, NOTTINGHAMSHIRE, NG5 8PB	03776727	2017-02-28	23,299,537	0	10390-Other processing and preserving of fruit and vegetables
DRINKWATER'S MUSHROOMS LIMITED	DALTON HOUSE, 9 DALTON SQUARE, LANCASTER, LA1 1WD	01540571	2018-05-31	11,765,655	0
OAKFIELD FARM PRODUCTS LIMITED	111/113 HIGH STREET, EVESHAM, WORCESTERSHIRE, ENGLAND, WR11 4XP	01619378	2018-03-31	9,972,446	0
THE BETH CHATTO GARDENS LIMITED	THE BETH CHATTO GARDENS CLACTON ROAD, ELMSTEAD, COLCHESTER, CO7 7DB	02305597	2017-12-31	1,643,303	0	47789-Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
RINGDEN FARM LIMITED	THE OLD MILL, KINGS MILL KINGS MILL LANE, SOUTH NUTFIELD, REDHILL, ENGLAND, RH1 5NB	00794264	2018-06-30	745,192	0
BAIN PRODUCE LIMITED	STURTON HOUSE, GREAT STURTON, HORNCASTLE, LINCOLN, LN9 5NX	05644101	2017-06-30	435,781	0
BIOSPHERE ORGANICS LIMITED	GRAFTON LODGE GRAFTON LANE, GRAFTON, HEREFORD, HEREFORDSHIRE, HR2 8BL	05428834	2018-03-31	408,805	0	01240-Growing of pome fruits and stone fruits 01250-Growing of other tree and bush fruits and nuts 02400-Support services to forestry
WALTHAM HERBS LIMITED	SAVANNAH, WILLOW VALE NURSERY NORTH KELSEY ROAD, CAISTOR, MARKET RASEN, LINCOLNSHIRE, ENGLAND, LN7 6SF	05117351	2018-10-31	39,321	0	47760-Retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores
SOUTHERN ROOTS ORGANICS LTD	1 BRYNGERRAN HIGH STREET, CILGERRAN, CARDIGAN, WALES, SA43 2SL	10651689	2019-03-31	26,677	0	01300-Plant propagation 01500-Mixed farming
MACH MAETHLON	103 HEOL MAENGWYN, MACHYNLLETH, POWYS, SY20 8EE	08026863	2018-04-30	14,243	0	88990-Other social work activities without accommodation not elsewhere classified
THOMAS WAREING OF BANKS LIMITED	SHORTWOOD HALL FARM THE MARSHES LANE, TARLETON, PRESTON, LANCASHIRE, PR4 6JS	00584005	2017-05-13	13,127	0
ANTUR CYMUNED BRITHDIR MAWR CYFYNGEDIG	BRITHDIR MAWR, TREFDRAETH, SIR BENFRO, SA42 0QJ	05121815	2018-12-31	11,945	0	02100-Silviculture and other forestry activities 55900-Other accommodation 85590-Other education not elsewhere classified
COMMON GROUND CO-OPERATIVE LIMITED	2 BLACKSMITHS COTTAGES CLARKES LANE, ILKETSHALL ST ANDREW, BECCLES, SUFFOLK, NR34 8HR	05458472	2017-05-31	5,217	0	01500-Mixed farming
BROADOAK LAND CO-OP LIMITED	26 UPLANDS, WALDITCH, BRIDPORT, DORSET, DT6 4LE	05292777	2018-11-30	5,057	0	01190-Growing of other non-perennial crops 01290-Growing of other perennial crops 01500-Mixed farming
NIBLEY LEAVES LTD	MIDFIELDS 375 BADMINTON RD, NIBLEY, YATE, SOUTH GLOUCESTERSHIRE, UNITED KINGDOM, BS37 5JF	10309691	2019-08-31	4,502	0	01190-Growing of other non-perennial crops 01280-Growing of spices, aromatic, drug and pharmaceutical crops 01290-Growing of other perennial crops
LOVELYLAND LIMITED	48 QUEEN STREET, SHREWSBURY, ENGLAND, SY1 2JU	08586517	2019-06-30	2,510	0	85590-Other education not elsewhere classified
HORTON COMMUNITY FARM CO-OPERATIVE LIMITED	19 ASHMOUNT, BRADFORD, ENGLAND, BD7 3BH	07761107	2018-09-30	1,801	0	01240-Growing of pome fruits and stone fruits 85590-Other education not elsewhere classified 88990-Other social work activities without accommodation not elsewhere classified
H.G.MILLARD LIMITED	17 SHILLINGTON ROAD, MEPPERSHALL, SHEFFORD, BEDS, SG17 5ND	00418963	2018-01-31	1,310	0
RABBIT ACRE LIMITED	WINSOR BARN, KELLY BRAY, CALLINGTON, CORNWALL, UNITED KINGDOM, PL17 8HE	09587304	2018-03-31	467	0
G'S GROUP HOLDINGS LIMITED	BARWAY ROAD, BARWAY, ELY, CAMBRIDGESHIRE, CB7 5TZ	01801025	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
A. H. WORTH (FOSDYKE) LIMITED	0.7%	3.9%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	6.1%	8.0%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium