Doddington Farms Llp

Doddington Farms Llp from Lincolnshire UK: a medium-sized company with an active status, was founded 17 years ago. It employs 149 people and holds assets worth £1,959,394, generating a yearly revenue of £7,302,225. The company has a real address, is managed by three directors and owned by three individuals. It's a family business with a stellar 5.0 Google rating based on six reviews, and regularly imports toys, games, and sports equipment, with the latest import operation taking place in August 2024.

Doddington Farms Llp operates Doddington Hall, a family-owned and run Elizabethan Hall. The company's activities encompass a wide range of services, including award-winning dining at the Grain Store Restaurant, retail outlets like a farm shop and country clothing store, a bike store, and a Christmas tree store. It also provides services like weddings and corporate hospitality events, and manages livestock farming and property. The website highlights a focus on British craftsmanship and heritage, with a blend of retail, hospitality, and agricultural ventures.

Financially, Doddington Farms Llp’s recent performance presents a mixed picture. While turnover increased by a substantial 62% to £12 million, net losses deepened considerably to -£360,000. Cash reserves have taken a hit, falling 93% to just £19,000, and bank borrowings increased significantly, reaching £260,000. Creditors also rose, suggesting a need to manage debt. The company meets the criteria for a medium-sized entity, with turnover under £36 million, assets under £18 million, and fewer than 250 employees. The lack of an auditor mentioned suggests the company is exempt from a full audit.

The sharp decline in equity and the increased reliance on bank borrowings are concerning, but the company’s diverse revenue streams and strong Google rating suggest resilience. The family-run nature of the business and its focus on quality products and services could help it navigate these challenges, although a more detailed analysis of its cash flow is needed.

Registered in England/Wales under the registration number OC330471, with a registered address at LN6 4RU, Lincolnshire, Doddington Hall, Lincoln.

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