Strange Farm Limited

Strange Farm Limited is a small, active company based in North Walsham, UK, founded fifteen years ago in 2010. With nineteen employees and £686,056 in assets, it operates from a real address and is overseen by two directors and two owners. The company is a irregular importer and exporter of furniture, lighting, and prefabricated buildings, with recent activity recorded two months ago for imports and one month ago for exports. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company operates in the manufacture of soft furnishings, and its website, while not providing extensive details, suggests a focus on bespoke and potentially high-end products. There’s no clear indication of an e-commerce presence, implying a business-to-business model or a reliance on trade shows and direct sales.

Financially, Strange Farm Limited shows some concerning trends. Accumulated depreciation on property, plant, and equipment increased by 3.8%, while the number of employees rose by 11.0%. Cash bank on hand decreased by 7.3% to £530,000, and creditors fell by 21.0% to £180,000. However, trade debtors surged by 170%, indicating a potential issue with customer payments. Equity also decreased slightly, by 0.72%, to £930,000. Payments on account of inventories decreased by 56,000, which could be a sign of reduced stock levels.

The company’s small size and irregular import/export activity suggest a niche market focus. While the decrease in cash and increase in debtors are worrying, the reduction in creditors is a positive sign. With no auditor mentioned, the financial statements are unaudited, and the company’s future success hinges on its ability to manage its cash flow and collect payments from its customers.

Registered in England/Wales under the registration number 07175685, with a registered address at NR28 0LT, England, North Walsham, Norfolk, The Cockpens, Strange Farm Grange Road, Felmingham.

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