Farmstar Limited

Farmstar Ltd from Marr UK is a sizable company, active and established for 36 years. Boasting 83 employees and £18,308,204 in assets, the business generated £40,760,075 in revenue last year. With four directors and two owners, and a solid 4.0 Google rating from 57 reviews, Farmstar operates from a real address in Doncaster. The company regularly imports machinery, boilers, and mechanical appliances—parts for 22 months—and exports vehicles, parts, and accessories (excluding trains and trams) for 26 months.

Classified as a "large company" due to meeting two of three criteria—turnover exceeding £36 million and assets exceeding £18 million—Farmstar's financial picture reveals some interesting trends. Accumulated depreciation on leased assets has decreased, particularly in motor vehicles and plant machinery, suggesting a possible reduction in leased equipment or accelerated depreciation. Administrative expenses remained relatively stable. However, bank borrowings have increased, with a notable rise in overdrafts, and cash flow from operations declined.

Despite these pressures, Farmstar continues to serve as a key distributor of agricultural machinery and equipment. The company’s website showcases a vast range of products, from tractors and combines to hand tools and safety gear, catering to a wide range of farming needs. While the site functions primarily as an e-commerce platform, it also highlights the company’s service and parts departments, emphasizing their commitment to customer support. The company’s focus on both new and used equipment, along with its partnerships with leading manufacturers like Kubota and Manitou, positions it as a one-stop shop for farmers.

The decrease in deferred tax liabilities and the increase in deferred tax assets suggest a change in tax planning strategies, which could be a response to changing regulations or a deliberate effort to optimize tax efficiency. Overall, Farmstar Ltd appears to be navigating a complex financial landscape while maintaining its position as a significant player in the agricultural supply chain. The absence of an auditor mentioned in the report suggests the company is exempt from mandatory auditing, relying on internally generated financial data.

Registered in England/Wales under the registration number 02262473, with a registered address at DN5 7AU, Marr, Doncaster, Grove Farm, Church Lane.

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