HUGH LOWE FARMS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-30 (in 10mo)
Last made up 2026-03-16
Watchouts
None on the register
Cash
£3M
+40.7% vs 2023
Net assets
£13M
+3.8% vs 2023
Employees
360
-3.7% lowest in 3 filed years
Profit before tax
£543K
-76% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £20,700,249 | £22,156,159 | |
| Operating profit | — | -£306,410 | £134,981 | |
| Profit before tax | £2,281,486 | £2,267,215 | £543,492 | |
| Net profit | — | £2,491,215 | £472,690 | |
| Cash | £4,432,738 | £2,309,566 | £3,249,903 | |
| Total assets less current liabilities | — | £18,587,439 | £18,515,572 | |
| Net assets | — | £12,529,843 | £13,002,533 | |
| Equity | £10,238,628 | £12,529,843 | £13,002,533 | |
| Average employees | 381 | 374 | 360 | |
| Wages | £9,894,065 | £10,214,631 | £10,558,067 | |
| Directors' remuneration | £352,559 | £377,499 | £385,281 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+7%
£20,700,249 £22,156,159
-
Cash
+40.7%
£2,309,566 £3,249,903
-
Net assets
+3.8%
£12,529,843 £13,002,533
-
Employees
-3.7%
374 360
lowest in 3 filed years
-
Operating profit
+144.1%
-£306,410 £134,981
-
Profit before tax
-76%
£2,267,215 £543,492
lowest in 3 filed years
-
Wages
+3.4%
£10,214,631 £10,558,067
highest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -1.5% | 0.6% | |
| Net margin | — | 12.0% | 2.1% | |
| Return on capital employed | — | -1.6% | 0.7% | |
| Gearing (liabilities / total assets) | — | 39.8% | 38.7% | |
| Current ratio | — | 6.24x | 5.79x | |
| Interest cover | — | -7.40x | 2.32x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Chavereys Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- HUGH LOWE FARMS LIMITED · parent
- Zen Management Limited 100%
Significant events
- “The exceptional item relates to the withdrawal of investment in Australia, following a strategic decision to focus on the home markets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCLEAN, Amelia | Secretary | 2021-03-31 | — | — |
| MCLEAN, Amelia | Director | 2019-12-31 | Jun 1989 | British |
| PEARSON, Thomas Edward | Director | 2011-07-28 | Jun 1978 | British |
| REGAN, Jonathan Peter | Director | 1997-11-25 | Jul 1958 | British |
| REGAN, Marion Frances | Director | — | Nov 1960 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REGAN, Marion Frances | Secretary | — | 2016-08-19 |
| THACKWELL, Cynthia Anne | Secretary | 2016-08-19 | 2021-03-31 |
| BOUCHER, Fiona Jane | Director | — | 2004-09-07 |
| CLARK, John | Director | 1992-03-16 | 2006-09-30 |
| LOWE, Alison Agnes | Director | — | 2016-08-19 |
| LOWE, Hugh Burman | Director | — | 2015-12-17 |
| MARSTON, Nicholas James | Director | 2017-08-01 | 2023-11-01 |
| NEWINGTON, James | Director | 2004-11-25 | 2006-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Barons Place Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-12-31 | Active |
| Ms Marion Frances Regan | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-12-31 |
| Mr Jonathan Peter Regan | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-12-31 |
Filing timeline
Last 20 of 129 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-30 | CH01 | officers | Change person director company with change date | |
| 2023-03-30 | CH01 | officers | Change person director company with change date | |
| 2023-03-30 | CH01 | officers | Change person director company with change date | |
| 2023-03-30 | CH01 | officers | Change person director company with change date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-06 | AA | accounts | Accounts with accounts type full | |
| 2021-06-15 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-06-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-03-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.