TERRAFARMER AGRICULTURE LTD
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2027-04-30 (in 11mo)
Last made up 2026-04-16
Watchouts
Cash
£8K
-24.4% lowest in 4 filed years
Net assets
-£1M
-109.8% lowest in 4 filed years
Employees
8
+14.3% highest in 4 filed years
Profit before tax
-£560K
-44.4% lowest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The financial statements have not been prepared on a going concern basis as the directors have determined that the company will cease trading and discontinue operations in the near future. Consequently, assets have been restated to their estimated net realisable value, and long-term liabilities have been reclassified as current. Provisions have been made for the estimated costs of winding up the business.
Net assets
4-year trend · vs Consumer Staples median
Accounts
4-year trend · latest reflected 2025-09-30
| Metric | Trend | 2022-04-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|
| Turnover | £75,592 | £721,789 | £425,198 | £845,033 | |
| Operating profit | -£91,120 | -£272,816 | -£387,824 | -£560,126 | |
| Profit before tax | -£91,120 | -£272,816 | -£387,824 | -£560,126 | |
| Net profit | — | — | -£387,824 | -£560,126 | |
| Cash | £32,551 | £58,834 | £10,548 | £7,974 | |
| Total assets less current liabilities | -£90,120 | £277,812 | £394,988 | -£1,070,138 | |
| Net assets | -£90,120 | -£122,188 | -£510,012 | -£1,070,138 | |
| Equity | £90,120 | £122,188 | -£510,012 | -£1,070,138 | |
| Average employees | 3 | 5 | 7 | 8 | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
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
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
+98.7%
£425,198 £845,033
highest in 4 filed years
-
Cash
-24.4%
£10,548 £7,974
lowest in 4 filed years
-
Net assets
-109.8%
-£510,012 -£1,070,138
lowest in 4 filed years
-
Employees
+14.3%
7 8
highest in 4 filed years
-
Operating profit
-44.4%
-£387,824 -£560,126
lowest in 4 filed years
-
Profit before tax
-44.4%
-£387,824 -£560,126
lowest in 4 filed years
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 | 2022-04-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|
| Operating margin | -120.5% | -37.8% | -91.2% | -66.3% | |
| Net margin | — | — | -91.2% | -66.3% | |
| Return on capital employed | 101.1% | -98.2% | -98.2% | 52.3% | |
| Gearing (liabilities / total assets) | — | — | 213.5% | 426.2% | |
| Current ratio | — | — | 2.67x | 0.11x |
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 §1A
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have not been prepared on a going concern basis as the directors have determined that the company will cease trading and discontinue operations in the near future. Consequently, assets have been restated to their estimated net realisable value, and long-term liabilities have been reclassified as current. Provisions have been made for the estimated costs of winding up the business.”
Significant events
- “On the 5th July 2023 Cornish Mutual Assurance Company acquired Terrafarmer Agriculture Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEAUMONT, Peter Stuart | Director | 2022-11-04 | Dec 1967 | British |
| LANE, Richard | Director | 2025-10-21 | Jul 1953 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLARKE, Gemma Louise | Director | 2021-10-18 | 2023-01-20 |
| DAVIES, Paul John | Director | 2023-08-08 | 2025-09-30 |
| TOLPUTT, Thomas Benjamin | Director | 2021-04-21 | 2026-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cornish Mutual Assurance Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-07-05 | Active |
| Mr Thomas Benjamin Tolputt | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2021-04-21 | Ceased 2023-07-05 |
Filing timeline
Last 20 of 31 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-07-25 MA Memorandum articles
- 2023-07-25 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-18 | AA | accounts | Accounts with accounts type full | |
| 2026-03-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-01 | AA | accounts | Accounts with accounts type full | |
| 2025-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-16 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-28 | SH08 | capital | Capital name of class of shares | |
| 2023-07-27 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-07-25 | MA | incorporation | Memorandum articles | |
| 2023-07-25 | RESOLUTIONS | resolution | Resolution | |
| 2023-07-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-07-18 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-30 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.