XXX FARMS LIMITED

Company Number: 11410835
Incorporation date: 12-Jun-2018
Status: Active
Entity type: Private Limited Company

SIC codes:
64201 Activities of agricultural holding companies

SUMMARY

This company is 5.9 years old and is currently active. It is controlled by Mr James Wright. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -1.3 thousand which has worsened since the previous year's figure of GBP -706. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -643 in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -1.4 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 20 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.