Ben's Farm Shop Limited

Ben's Farm Shop Limited, based in Buckfastleigh, UK, is a small, active company established nineteen years ago. With ninety-two employees and a real address, it’s a significant local employer. The business, owned by Watson John Benjamin, is overseen by five directors and boasts a Google rating of 4.0 based on 595 reviews. It’s a regular importer of drinks, alcohol, and vinegar, with nineteen months of import activity recorded, the latest in July 2024.

The company operates four thriving farm shop locations across Devon, emphasizing "good food from good farming" and sourcing directly from trusted producers. Its website highlights a commitment to sustainable farming practices and offers a range of products, including artisan sausages, pies, pasties, and organic dairy. The farm shop also features a butchery counter with award-winning sausages and a deli offering a variety of homemade goods. The company even has a website called 174 PPE, which is a completely different business.

Financially, Ben’s Farm Shop Limited presents a mixed picture. Cash reserves increased by 17% to £1,700,000, a positive sign. However, net assets grew by only 17% to £2,000,000, suggesting that growth isn’t evenly distributed. Creditors rose by 9% to £980,000, which could indicate increased borrowing or supplier payments. Trade debtors also increased by 41% to £96,000, which might be a sign of delayed customer payments. Bank borrowings surged by 2,400%, reaching £29,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s growth in recent years, with increased cash reserves, suggests a healthy core business. However, the increase in debt and the rise in trade debtors warrant closer attention. The diverse product range and commitment to local sourcing position Ben’s Farm Shop Limited well in the competitive food retail market, but managing finances effectively will be key to long-term success.

Registered in England/Wales under the registration number 05710308, with a registered address at TQ11 0LA, Buckfastleigh, Devon, Head Office, Hole Farm.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.