LAKE DISTRICT FARMERS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-22 (this month)
Last made up 2025-05-08
Watchouts
Cash
£798K
+93% highest in 5 filed years
Net assets
£4M
+10.7% highest in 5 filed years
Employees
48
+9.1% highest in 5 filed years
Profit before tax
£746K
-12.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
6-year trend · vs Consumer Staples median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-10-30 | 2020-10-30 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £11,017,504 | £12,276,314 | |
| Operating profit | — | — | — | — | £896,263 | £763,737 | |
| Profit before tax | — | — | — | — | £855,329 | £745,892 | |
| Net profit | — | — | — | — | £643,760 | £583,418 | |
| Cash | £67,976 | £478,189 | £752,125 | — | £413,582 | £798,392 | |
| Total assets less current liabilities | £2,322,707 | £2,625,513 | £3,620,922 | — | £4,348,215 | £4,618,086 | |
| Net assets | £2,296,879 | £2,534,869 | £2,684,040 | — | £3,477,227 | £3,849,445 | |
| Equity | £2,296,879 | £2,534,869 | £2,684,040 | — | £3,477,227 | £3,849,445 | |
| Average employees | 37 | 36 | 36 | — | 44 | 48 | |
| Wages | — | — | — | — | £1,423,667 | £1,626,765 | |
| Directors' remuneration | — | — | — | — | £88,623 | £111,746 |
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
+11.4%
£11,017,504 £12,276,314
-
Cash
+93%
£413,582 £798,392
highest in 5 filed years
-
Net assets
+10.7%
£3,477,227 £3,849,445
highest in 5 filed years
-
Employees
+9.1%
44 48
highest in 5 filed years
-
Operating profit
-14.8%
£896,263 £763,737
-
Profit before tax
-12.8%
£855,329 £745,892
-
Wages
+14.3%
£1,423,667 £1,626,765
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 | 2019-10-30 | 2020-10-30 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 8.1% | 6.2% | |
| Net margin | — | — | — | — | 5.8% | 4.8% | |
| Return on capital employed | — | — | — | — | 20.6% | 16.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | 38.9% | 34.4% | |
| Current ratio | — | — | — | — | 1.87x | 2.20x | |
| Interest cover | — | — | — | — | 20.31x | 37.30x |
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
- JL Winder & Co
- Audit opinion
- Qualified
- Going concern
- Affirmed
Significant events
- “Ongoing collaboration with Lancaster University through the Knowledge Transfer Partnership "Towards Net Zero Meat Production", supporting innovation in low-carbon livestock farming.”
- “Revenue growth of 11%, reflecting strong customer retention and new account wins.”
- “Continued focus on direct farm sourcing, strengthening farmer partnerships, and traceability.”
- “Expansion of customer education programmes, with farm tours and factory visits reinforcing transparency and combating "greenwashing" in the sector.”
- “Introduction of HVO fuel for the lorry fleet, cutting CO emissions by 95%.”
- “Participation in the Lancaster University project "Plastic Packaging in People's Lives", with a commitment to move all packaging to home-biodegradable by the end of 2025.”
- “Continued investment in infrastructure: the custom-built factory (opened 2022) operates with solar panels and fridge heat exchangers, reducing energy consumption and carbon impact.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARMSTRONG, Hayden Ray | Director | 2012-09-01 | Sep 1993 | British |
| AUSTIN, Daniel David | Director | 2009-05-08 | Jul 1987 | British |
| DOLE, David Andrew | Director | 2023-04-17 | Jan 1975 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARMSTRONG, Hal Christopher | Secretary | 2009-05-08 | 2010-05-10 |
| ARMSTRONG, Hal Christopher | Director | 2009-05-08 | 2010-05-10 |
| WINWARD, Steven Jeffrey | Director | 2009-05-08 | 2018-12-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Daniel David Austin | Individual | Shares 25–50%, Voting 25–50% | 2018-12-07 | Active |
| Mr Hayden Ray Armstrong | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 77 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-26 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-14 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-08 | AD02 | address | Change sail address company with old address new address | |
| 2023-04-17 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-21 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-07-20 | AA01 | accounts | Change account reference date company previous extended | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-10-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-07-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-11-12 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.