Company Overview
McCrea Farms Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 30 August 2017. McCrea Farms Ltd has been in business for 6 years and 8 months. The accounts status is unaudited abridged and the accounts are next due on Saturday 31 May 2025.
Registered Address

42 Gortnaskea Road, Stewartstown, Dungannon, BT71 5NY
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Companies House Data
Company NameMCCREA FARMS LTD
Company NumberNI647720
Registered Office Address42 GORTNASKEA ROAD
 STEWARTSTOWN
 BT71 5NY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/08/2017
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2025
Accounts Last Made Up Date31/08/2023
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date27/09/2018
Previous Company NameChanged Date
MCCREA MILLING LTD30 Apr 2020
Directors & Members
Alan McCrea - Director
(British, 50 years old, born August 1974)
Director - Appointed 30 August 2017
 Active
Maria McCrea - Director
(British, 49 years old, born February 1975)
Director - Appointed 30 August 2017
 Active
Gareth McCrea - Director
(British, 25 years old, born August 1999)
Company Director - Appointed 14 May 2020
 Active
Victor McCrea - Director
(British, 79 years old, born September 1945)
Company Director - Appointed 20 May 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Alan McCrea
No companies found
Maria McCrea
GRANGE RENEWABLES LTD
Gareth McCrea
No companies found
Victor McCrea
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Aug-2023 31-Aug-2021 31-Aug-2020
Balance Sheet
Fixed Assets 340,366 340,366 121,697
Current Assets 803,027 803,027 1,113,963
Creditors Due Within One Year 705,950 705,950 793,219
Working Cap 97,077 97,077 320,744
Total Assets Less Current Liabilities 437,443 437,443 442,441
Long-term Liabilities 38,885 38,885 0
Net Assets 398,558 398,558 442,441
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 398,558 398,558 442,441
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2023 31-Aug-2021 31-Aug-2020
Tangible Fixed Assets - - -
Fixed Assets 29.8% 29.8% 9.8%
Stocks Inventory - - -
Debtors 0.0% 0.0% 0.0%
Cash Bank In Hand 3.5% 3.5% 32.2%
Current Assets 70.2% 70.2% 90.2%
Creditors Due Within One Year 61.7% 61.7% 64.2%
Net Current Assets Liabilities 8.5% 8.5% 26.0%
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 34.9% 34.9% 35.8%
Capital Employed - - -
Total Assets Less Current Liabilities 38.3% 38.3% 35.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2023 31-Aug-2021 31-Aug-2020
Liquidity Ratio 1.1 1.1 1.4
Solvency Ratio 1.5 1.5 1.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2023 31-Aug-2021 31-Aug-2020
Assets 1,143,393 1,143,393 1,235,660
Debt 744,835 744,835 793,219
Net Assets/Debt 398,558 398,558 442,441

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also 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
Other Business around BT71 5NY
PAR RENEWABLES LTD
42 GORTNASKEA ROAD, STEWARTSTOWN, CO. TYRONE, BT71 5NY
PAR BIOGAS LIMITED
42 GORTNASKEA ROAD, STEWARTSTOWN, TYRONE, BT71 5NY
Document Filings
Registered office address changed from 40 Gortnaskeagh Road Stewartstown Dungannon BT71 5NY Northern Ireland to 42 Gortnaskea Road Stewartstown Dungannon BT71 5NY on 29 December 2023
Statement of capital following an allotment of shares on 27 March 2023
Confirmation statement made on 23 August 2023 with no updates
Confirmation statement made on 29 August 2022 with no updates
Confirmation statement made on 29 August 2021 with no updates
Registration of charge NI6477200001, created on 27 May 2021
Appointment of Mr Victor Edward Montgomery Mccrea as a director on 20 May 2021
Confirmation statement made on 29 August 2020 with no updates
Appointment of Mr Gareth Alan Mccrea as a director on 14 May 2020
Resolutions
Confirmation statement made on 29 August 2019 with no updates
Notification of a person with significant control statement
Confirmation statement made on 29 August 2018 with no updates
Cessation of Maria Elizabeth Mccrea as a person with significant control on 30 August 2017
Cessation of Alan Phillip Mccrea as a person with significant control on 30 August 2017
Incorporation
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