The Firmwatch take
Binn Agricultural Limited (SC496563) currently shows: Watch signal detected, based on accounts to 29 March 2025; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 29 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
2 February 2015
11 years on the register
Sector
Agriculture
SIC 01500 · matched to division
Size
Not classified
Net assets
£6.3m
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Sector benchmark · Agriculture and Food Production
How this company compares in 24,704 filers in this sector
Top 10% in sector — Binn Agricultural Limited shows £6.3m in net assets. Sector median is £25k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£6.3m
Top 10% in sector · sector median £25k · 24,704 filers in this sector
Cash
Not disclosed
Working cap.
−£807k
Median £5k
Current ratio
0.5×
Median 1.1×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · EH3 8EJ
161 other UK companies registered at this postcode.
Active
153
Dissolved
7
Strike-off action
1
People
Who runs this company
- MA
MACGREGOR, Allan
director · since 2015
- MJ
MACGREGOR, John Merchant
director · since 2015
Registered office
Address intelligence
161 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.