FAROL LIMITED
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Cash
£3.6M
-1.9% vs 2025
Net assets
£28M
+14.1% vs 2025
Employees
301
-7.7% vs 2025
Profit before tax
£5M
+149.5% vs 2025
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2025-01-31 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £184,174,165 | £180,784,663 | -1.8% | |
| Operating profit | £4,276,969 | £5,814,186 | +35.9% | |
| Profit before tax | £2,008,278 | £5,009,862 | +149.5% | |
| Net profit | £1,335,672 | £3,906,748 | +192.5% | |
| Cash | £3,656,932 | £3,589,120 | -1.9% | |
| Total assets less current liabilities | £29,553,938 | £34,210,067 | +15.8% | |
| Net assets | £24,867,773 | £28,374,521 | +14.1% | |
| Equity | £24,867,773 | £28,374,521 | +14.1% | |
| Average employees | 326 | 301 | -7.7% | |
| Wages | £14,144,246 | £13,387,597 | -5.3% | |
| Directors' remuneration | £811,848 | £926,455 | +14.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2025-01-31 | 2026-01-31 |
|---|---|---|---|
| Operating margin | 2.3% | 3.2% | |
| Net margin | 0.7% | 2.2% | |
| Return on capital employed | 14.5% | 17.0% | |
| Gearing (liabilities / total assets) | 71.0% | 64.0% | |
| Current ratio | 1.23x | 1.43x | |
| Interest cover | 1.79x | 5.79x |
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.
Name history
Renamed 1 time since incorporation
- FAROL LIMITED 2001-04-05 → present
- FAROL TRACTORS LIMITED 2001-02-09 → 2001-04-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Shaw Gibbs (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared a forecast up to January 2030. The results to date show that the company is ahead of forecast with the agricultural industry continuing to show a willingness to invest in the John Deere brand. The directors expect similar profitability levels to continue for the foreseeable future and as such adopt the going concern assumptions in preparing the financial statements.”
Group structure
- FAROL LIMITED · parent
- Look 4 Tyres Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VELLACOTT, Benjamin Thomas | Secretary | 2001-02-09 | — | British |
| BALCH, Matthew Jack | Director | 2015-04-28 | Jun 1981 | British |
| CHAMPION, Guy Roger Strutte | Director | 2016-04-01 | Sep 1984 | British |
| MOORE, James Ronald Charles | Director | 2014-04-01 | May 1979 | British |
| PHIPPS, Daniel Lee | Director | 2025-05-12 | Apr 1990 | British |
| VELLACOTT, Benjamin Thomas | Director | 2001-02-09 | Apr 1976 | British |
| VELLACOTT, Matthew Edward | Director | 2001-02-09 | Apr 1972 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2001-02-09 | 2001-02-09 |
| BENNETT, Peter Arthur | Director | 2014-04-01 | 2019-03-01 |
| COLLINS, James | Director | 2014-04-07 | 2016-03-31 |
| GREGORY, David Leonard | Director | 2001-03-02 | 2019-02-19 |
| HACKETT, Timothy | Director | 2001-03-02 | 2019-02-19 |
| HAMILTON, Kenneth Peter | Director | 2012-02-22 | 2013-05-06 |
| JONES, Martin Hayland | Director | 2004-01-05 | 2019-05-01 |
| NEWMAN, Kevin | Director | 2001-03-02 | 2019-02-19 |
| PORAT, Nicholas Paul | Director | 2001-03-02 | 2006-07-31 |
| ROBERTS, David Pierce | Director | 2010-09-06 | 2012-02-22 |
| ROBERTS, Dylan Clwyd | Director | 2014-04-01 | 2019-02-19 |
| SHORTER, Ian Gordon | Director | 2001-03-02 | 2005-11-05 |
| SMALL, David Anthony | Director | 2009-04-01 | 2019-02-19 |
| SWINNERTON, Philip Neil | Director | 2012-04-01 | 2019-02-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Matthew Edward Vellacott | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Mr Benjamin Thomas Vellacott | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Farol Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 156 total filings
Material constitutional events — rename, articles re-file, resolution
- 2019-10-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | AA | accounts | Accounts with accounts type full | |
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-19 | CH01 | officers | Change person director company with change date | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-13 | AA | accounts | Accounts with accounts type full | |
| 2024-02-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-16 | AA | accounts | Accounts with accounts type full | |
| 2023-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-07 | AA | accounts | Accounts with accounts type full | |
| 2022-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-14 | AA | accounts | Accounts with accounts type full | |
| 2021-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-26 | AA | accounts | Accounts with accounts type full | |
| 2020-02-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-10-26 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.