Company Overview
Fields 59 - 60 Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 23 June 2020. Fields 59 - 60 Ltd has been in business for 4 years and 4 months. The accounts status is micro entity and the accounts are next due on Tuesday 31 December 2024.
Registered Address

Stowbridge Farm Green End, Stretham, Ely, Cambridgeshire, CB6 3LF
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Companies House Data
Company NameFIELDS 59 - 60 LTD
Company Number12693028
Registered Office AddressStowbridge Farm Green End,
 Stretham,
 CB6 3LF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/06/2020
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2024
Accounts Last Made Up Date31/03/2023
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date21/07/2021
Directors & Members
Show Resigned
Luke Palmer - Director
(British, 43 years old, born June 1981)
Farmer - Appointed 23 June 2020
Active
Adam Palmer - Director
(British, 48 years old, born March 1976)
Farmer - Appointed 22 November 2023
Active
Kier Petherick - Director
(British, 48 years old, born April 1976)
Farmer - Appointed 23 June 2020
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2021
Balance Sheet
Fixed Assets 960,750 960,750
Current Assets 0 0
Creditors Due Within One Year 980,685 980,685
Working Cap -980,685 -980,685
Total Assets Less Current Liabilities -19,935 -19,935
Long-term Liabilities 0 0
Net Assets -19,935 -19,935
Share Capital & Reserves
Share Cap - -
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds -19,935 -19,935
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2021
Tangible Fixed Assets - -
Fixed Assets 100.0% 100.0%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 0.0% 0.0%
Creditors Due Within One Year 102.1% 102.1%
Net Current Assets Liabilities -102.1% -102.1%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability - -
Called Up Share Capital - -
Share Capital Allotted Called Up Paid - -
Profit Loss Account Reserve - -
Shareholder Funds -2.1% -2.1%
Capital Employed - -
Total Assets Less Current Liabilities -2.1% -2.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2021
Liquidity Ratio 0.0 0.0
Solvency Ratio 1.0 1.0
Reserves to Assets - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2021
Assets 960,750 960,750
Debt 980,685 980,685
Net Assets/Debt -19,935 -19,935
It is not clear that the company was actively trading prior to the latest financial data filed. Examination of the full accounts may provide further information. If the company remains active on the company register it may have traded in the period since the date of the latest filed accounts. A full credit report may provide information relating to trade payment history and county court or court judgments if any.
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 23 June 2024 with updates
Statement of capital following an allotment of shares on 22 November 2023
Appointment of Mr Adam Giles Palmer as a director on 22 November 2023
Confirmation statement made on 23 June 2023 with updates
Change of details for Mr Kier Henry Edwin Petherick as a person with significant control on 4 May 2022
Director's details changed for Mr Kier Henry Edwin Petherick on 4 May 2022
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 23 June 2022 with updates
Current accounting period shortened from 30 June 2021 to 31 March 2021
Termination of appointment of Ian Charles Palmer as a director on 1 April 2021
Cessation of Ian Charles Palmer as a person with significant control on 1 April 2021
Director's details changed for Mr Kier Henry Edwin Petherick on 8 June 2022
Change of details for Mr Kier Henry Edwin Petherick as a person with significant control on 8 June 2022
Change of details for Mr Luke Daniel Palmer as a person with significant control on 8 June 2022
Change of details for Mr Ian Charles Palmer as a person with significant control on 8 June 2022
Confirmation statement made on 23 June 2021 with updates
Incorporation

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