Mountfair Farming Limited

Mountfair Farming Ltd, based in Berwickshire, UK, is a small, family-run business with an active status. Founded 21 years ago, the company employs five people and holds £1,673,031 in assets. It's a real address, managed by four directors and two owners. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring in June 2024.

The company’s website describes Mountfair Farming as an agribusiness specialising in contract farming and farm management services. They aim to maximize income and long-term productivity for landowners while using a sustainable approach. The website details how they utilise technology to improve efficiencies and enhance soil health, offering services like contract farming, farm management, and even restoration of pianos.

Financially, Mountfair Farming Ltd presents a mixed picture. Accrued liabilities have risen by 30%, while deferred income has surged a staggering 810%. However, bank borrowings have remained stable. Despite this, cash reserves have increased significantly, and net assets have grown by 18%. Trade debtors have decreased by 18%, suggesting improved 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 stay nimble. The company is likely exempt from an audit, and the financial statements are unaudited.

The company’s increased liabilities and bank borrowings could indicate investments in equipment or expansion, but it’s also possible they’re navigating a challenging market. The growth in net assets, however, suggests a healthy underlying business, and the company’s focus on sustainable practices and technology could position it well for the future.

Registered in Scotland under the registration number SC259760, with a registered address at TD11 3NF, Berwickshire, Mountfair Farm, Whitsome, Duns.

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