Varfell Farms Ltd

Varfell Farms Ltd, based in Penzance, UK, is a large, holding company with an active status. Established 30 years ago in 1995, the company employs 133 people and holds assets valued at £10,334,914. Its yearly revenue stands at £22,552,364. With a real address and six directors, plus one owner, Varfell Farms boasts a Google rating of 4.0 based on 72 reviews. The company regularly imports wood and wood products (for six months, last import January 01, 2025) and exports plastics and plastic products (for three months, last export April 01, 2023).

Varfell Farms’ website reveals a focus on recruitment, offering opportunities for warden positions and highlighting accommodation. The site is available in multiple languages, including Bulgarian, English, Polish, and Romanian, suggesting a diverse workforce. The company seems to be actively seeking to fill roles, with a clear emphasis on providing information and contact details.

Financially, Varfell Farms presents a mixed picture. While current assets remain stable at £10 million, several key metrics show concerning trends. Accumulated amortisation and impairment of intangible assets have doubled to £930,000, a sign of potentially overvalued assets. Bank borrowings have increased significantly, reaching £350,000, and cash reserves have dwindled to just £5,600. Administrative expenses have also risen considerably, jumping 66% to £740,000. However, creditors have decreased by 13%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

Overall, Varfell Farms Ltd appears to be navigating a period of financial pressure. While its core business of growing crops and related activities seems robust, the increased borrowing and declining cash reserves warrant close monitoring. The company’s focus on recruitment and multilingual support indicates a commitment to its workforce, but the financial trends suggest it’s facing headwinds.

Registered in England/Wales under the registration number 03007729, with a registered address at TR20 8AQ, United Kingdom, Penzance, Cornwall, Varfell Farm Varfell Lane, Longrock.

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