Golding Farms Limited

Golding Farms Ltd, based in Preston, UK, is a small, family-run business with an active trading status. Founded 26 years ago in 1998, it employs just two people and holds £1,332,836 in assets. The company operates from a virtual address, registered to a shared office space, and is overseen by two directors and two owners. Golding Farms is an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with the last import activity recorded over two years ago in March 2022.

The company’s website reveals a broader scope of operations. Golding Farms LLC, established in 2020 in Tbilisi, Georgia, specializes in growing and supplying berries, particularly blueberries, from its farms in West Georgia. It boasts over 90 hectares of berry production and has partnered with global nurseries to ensure high quality. Beyond berry cultivation, the company offers agricultural consultancy, feasibility studies, management operations, and sales and marketing services. Expansion plans include greenhouses and the cultivation of corn, wheat, and dates. It’s also certified under GLOBAL G.A.P. and is preparing for BRC ISO22000 certification. The website emphasizes customer satisfaction, integrity, leadership, innovation, and accountability—hallmarks of a growing business.

Financially, Golding Farms Ltd shows a mixed picture. Current assets increased by 41% to £1,300,000, while net assets rose 23% to £1,800,000. Bank borrowings increased significantly, reaching £110,000, and cash reserves grew 57% to £1,100,000. Creditors decreased by 25%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. However, a notable increase in other creditors, rising by 400% to £92,000, and a decrease in trade debtors by 4%, suggests a need to monitor cash flow closely. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Golding Farms Ltd seems to be growing, but the increased debts and fluctuating import activity warrant careful monitoring. The Georgian operations, with their focus on high-quality berries and agricultural services, offer a promising avenue for expansion—although the financial health of the UK entity remains key to supporting this growth.

Registered in England/Wales under the registration number 03606809, with a registered address at PR3 1WZ, England, Preston, Lancashire, C/O Towers + Gornall Ltd River View, 96 High Street, Garstang.

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