WATTS FARMS PACKERS LIMITED
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Next accounts due
2026-06-27 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-04-05 (in 11mo)
Last made up 2026-03-22
Watchouts
None on the register
Cash
£6K
-72.1% lowest in 3 filed years
Net assets
-£1M
-35.2% lowest in 3 filed years
Employees
218
+11.8% vs 2023
Profit before tax
-£379K
+4.9% highest in 3 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-09-30
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|
| Turnover | — | — | £22,758,473 | £22,225,763 | £21,667,561 | |
| Operating profit | — | — | -£1,733,020 | -£391,469 | -£377,653 | |
| Profit before tax | — | — | -£1,745,007 | -£398,816 | -£379,262 | |
| Net profit | — | — | -£1,745,007 | -£398,816 | -£379,262 | |
| Cash | — | — | £73,683 | £22,337 | £6,239 | |
| Total assets less current liabilities | — | — | — | -£1,076,131 | -£1,455,393 | |
| Net assets | — | — | -£677,315 | -£1,076,131 | -£1,455,393 | |
| Equity | £2,986,769 | £1,067,692 | -£677,315 | -£1,076,131 | -£1,455,393 | |
| Average employees | — | — | 222 | 195 | 218 | |
| Wages | — | — | £6,113,564 | £5,728,026 | £6,052,746 | |
| Directors' remuneration | — | — | £194,082 | £286,169 | £353,008 |
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 2024-09-30 vs 2023-09-30
-
Turnover
-2.5%
£22,225,763 £21,667,561
lowest in 3 filed years
-
Cash
-72.1%
£22,337 £6,239
lowest in 3 filed years
-
Net assets
-35.2%
-£1,076,131 -£1,455,393
lowest in 3 filed years
-
Employees
+11.8%
195 218
-
Operating profit
+3.5%
-£391,469 -£377,653
highest in 3 filed years
-
Profit before tax
+4.9%
-£398,816 -£379,262
highest in 3 filed years
-
Wages
+5.7%
£5,728,026 £6,052,746
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 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | -7.6% | -1.8% | -1.7% | |
| Net margin | — | — | -7.7% | -1.8% | -1.8% | |
| Return on capital employed | — | — | — | 36.4% | 25.9% | |
| Gearing (liabilities / total assets) | — | — | — | 107.5% | 113.1% | |
| Current ratio | — | — | — | 0.89x | 0.84x | |
| Interest cover | — | — | -144.57x | -53.28x | -234.71x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- DJH Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 original financial statements were authorised for issue.”
Significant events
- “cash generated from the sale of Sondix House post year end, which has facilitated the re-payment of existing loan finance to free up cash flow.”
- “The overall net loss for FY24 was reported at £379k - slightly lower than the £399k loss for FY23.”
- “The business also continues to provide support to its Portugal operation, which represents a part of the procurement programme for each winter season to ensure supply of high quality produce to our customers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COTTINGHAM, Joseph | Director | 2007-03-29 | Oct 1973 | British |
| GRAY, Avril Marion | Director | 2007-03-29 | Apr 1952 | British |
| GRAY, Edward Donald Berkerley, Dr | Director | 2012-09-10 | Dec 1984 | British |
| GRAY, Michael Berkeley | Director | 2007-03-29 | Sep 1947 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRAY, Avril Marion | Secretary | 2007-03-29 | 2016-03-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Watts Farms Fresh Produce Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-02 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-06-23 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-05-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-04 | AA | accounts | Accounts with accounts type full | |
| 2022-09-26 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-06-30 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-03-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-07-11 | AA | accounts | Accounts with accounts type full | |
| 2021-03-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-10-02 | AA | accounts | Accounts with accounts type full | |
| 2020-09-17 | CH01 | officers | Change person director company with change date | |
| 2020-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-04-01 | CH01 | officers | Change person director company with change date | |
| 2020-03-31 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2019-07-04 | 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.