FARMER J LIMITED
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Cash
£2.9M
+449.6% highest in 4 filed years
Net assets
£6.4M
+301% highest in 4 filed years
Employees
265
+42.5% highest in 4 filed years
Profit before tax
-£495K
+20% vs 2023
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-29
| Metric | Trend | 2022-01-02 | 2023-01-01 | 2023-12-31 | 2024-12-29 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | £17,942,067 | £27,910,722 | +55.6% | |
| Operating profit | — | — | -£554,441 | -£549,588 | +0.9% | |
| Profit before tax | — | — | -£618,522 | -£494,767 | +20% | |
| Net profit | -£1,624,613 | -£1,523,627 | -£703,230 | -£872,692 | -24.1% | |
| Cash | £558,493 | £516,491 | £523,070 | £2,874,978 | +449.6% | |
| Total assets less current liabilities | £3,183,329 | £1,858,677 | £3,119,012 | £8,237,762 | +164.1% | |
| Net assets | £2,902,486 | £1,478,983 | £1,600,436 | £6,418,186 | +301% | |
| Equity | £2,902,486 | £1,478,983 | £1,600,436 | £6,418,186 | +301% | |
| Average employees | 27 | 122 | 186 | 265 | +42.5% | |
| Wages | — | — | — | £7,107,980 | — | |
| Directors' remuneration | — | — | £140,080 | £423,901 | +202.6% |
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 | 2022-01-02 | 2023-01-01 | 2023-12-31 | 2024-12-29 |
|---|---|---|---|---|---|
| Operating margin | — | — | -3.1% | -2.0% | |
| Net margin | — | — | -3.9% | -3.1% | |
| Return on capital employed | — | — | -17.8% | -6.7% | |
| Current ratio | — | — | 0.47x | 0.96x | |
| Interest cover | — | — | -8.65x | -10.57x |
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
- Consolidated group
- Auditor
- Wellers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have reviewed forecasts and projections, taking account of current trading performance and the principal risks and uncertainties facing the business. Based on this review, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements are prepared on a going concern basis.”
Group structure
- FARMER J LIMITED · parent
- Farmer J (Canary Wharf) Limited 100%
- Farmer J (Finsbury Square) Limited 100%
- Farmer J (Monument) Limited 100%
- Farmer J (Jubilee Place) Limited 100%
- Farmer J (Leadenhall) Limited 100%
- Farmer J (London Bridge) Limited 100%
- Farmer J (Paternoster Square) Ltd 100%
- Farmer J (Regent Street) Ltd 100%
- Farmer J (Fenchurch Street) Limited 100%
- Farmer J (Holborn) Limited 100%
- Farmer J (North Audley St) Ltd 100%
- Farmer J (Orchard Place) Ltd 100%
- Farmer J (Piccadilly) Ltd 100%
- Farmer J (Hammersmith) Limited 100%
- Farmer J (Bloomsbury) Limited 100%
- Farmer J (Thayer St) Limited 100%
- Farmer J (Farringdon) Limited 100%
Significant events
- “Opening of three new restaurants, bringing the total estate to thirteen.”
- “Continued investment in digital ordering platforms, enhancing customer convenience.”
- “Strong demand across delivery channels, which now account for circa 25% of sales.”
- “The Group intends to continue expanding its restaurant footprint in London and other major UK cities. A site in New York has also been secured and is due to open by the end of 2025. By the end of 2025 we expect to have 18 sites open in the UK and one in USA.”
- “To ensure the business is sufficiently capitalised to deliver the growth plan, a revolving credit facility has been secured with our bank, and we have raised further equity in a funding round which closed in the summer of 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALT RECANATI, Alexandra | Director | 2024-01-24 | Mar 1989 | British |
| CONNELL, Darrel John | Director | 2019-08-02 | Mar 1981 | Irish |
| RECANATI, Jonathan | Director | 2014-10-16 | Jun 1984 | Italian |
| RECANATI, Leon Yehuda Lenny | Director | 2015-10-22 | Dec 1953 | Israeli |
| TAL, Yaron | Director | 2015-10-22 | Feb 1969 | Israeli |
| THORNE, Michael Christopher Battersby | Director | 2024-01-24 | May 1986 | British |
| VEALE, Stuart Michael | Director | 2024-01-25 | Mar 1959 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PREISKEL & CO LLP | Corporate Secretary | 2014-10-16 | 2020-10-16 |
| SVIRSKY, Asher Oscar | Director | 2015-10-22 | 2016-12-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Imbiba Growth 1 Lp | Corporate entity | Shares 25–50%, Voting 25–50% | 2019-08-02 | Ceased 2024-01-25 |
| Sullam Holdings L.R. Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-11-22 |
| Mr Yaron Tal | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-11-22 |
| Mr Jonathan Recanati | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 116 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-21 RESOLUTIONS Resolution
- 2025-12-27 RESOLUTIONS Resolution
- 2025-12-27 MA Memorandum articles
- 2025-08-11 RESOLUTIONS Resolution
- 2025-08-11 MA Memorandum articles
- 2025-08-11 RESOLUTIONS Resolution
- 2025-08-05 MA Memorandum articles
- 2025-08-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-21 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-05 | SH01 | capital | Capital allotment shares | |
| 2025-12-27 | SH08 | capital | Capital name of class of shares | |
| 2025-12-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-27 | MA | incorporation | Memorandum articles | |
| 2025-10-31 | SH08 | capital | Capital name of class of shares | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2025-09-17 | CH01 | officers | Change person director company with change date | |
| 2025-09-17 | CH01 | officers | Change person director company with change date | |
| 2025-09-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-15 | CH01 | officers | Change person director company with change date | |
| 2025-09-15 | SH08 | capital | Capital name of class of shares | |
| 2025-09-09 | SH01 | capital | Capital allotment shares | |
| 2025-09-03 | SH01 | capital | Capital allotment shares | |
| 2025-08-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-11 | MA | incorporation | Memorandum articles | |
| 2025-08-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-05 | MA | incorporation | Memorandum articles | |
| 2025-08-05 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 6
- 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.