FARMERS FRESH LIMITED

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

• Turnover

  +0.5%

  £91,724,835 → £92,144,365

• Cash

  -52.4%

  £6,341,305 → £3,019,771

• Net assets

  +1.9%

  £14,642,492 → £14,921,681

• Employees

  -2.7%

  37 → 36

• Operating profit

  -91.5%

  £5,847,469 → £497,560

• Profit before tax

  -89.8%

  £5,905,780 → £604,765

• Wages

  -2.5%

  £3,893,315 → £3,795,515

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

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.

1. FARMERS FRESH LIMITED 2000-03-21 → present
2. QUAYSHELFCO 737 LIMITED 1999-09-30 → 2000-03-21

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Clifford Roberts

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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.”

Significant events

• “The company continued its trade as a lamb abattoir and sold in excess of 606,814 units (2023: 671,666 units) of meat at a margin of approximately 15.21% (2023: 19.01%). Distribution costs have moved as expected with the reduction in sales volume.”
• “The company was invoiced management charges amounting to £158,977 (2023: £125,293) for the year by the parent company. These charges are included in the administrative expenses and have reduced the operating profit of the company.”
• “The combination of all the above movements has resulted in a significant decrease in the profit before tax.”
• “With the acquisition of a sister company in Wales, the group has increased exposure to interest rate risk through the impact of rate changes in interest bearing borrowings. Active management of the group's exposure to interest rate fluctuations is undertaken by managing the borrowings on a group wide basis. This mitigates the group's risk overall, but increases the risk to the company itself.”
• “The company is exposed to live stock price risks through changes in commodity prices world wide.”
• “We have considered the continuing impact of Brexit and the war in the Ukraine on the operation of the company's business as a whole. Like all businesses, we anticipate that there will continue to be some short term disruption to the supply of goods in to and out of the United Kingdom from Brexit, and it is likely that there will be some fluctuations in currency that will impact on the cost of those goods, in particular our lamb exports.”
• “The war in Ukraine has contributed to fluctuating fuel and energy costs, both during the year and post year end.”
• “In summary, we are confident that the business will continue for the foreseeable future, but in these uncertain times it is difficult to predict the size of the business in 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.