Wharton Farms Ltd

Wharton Farms Ltd from Leominster UK: small company, active status, founded 19 years ago, 8 employees, £195,293 assets, real address, 5 directors, 3 owners, family business. Regular importer of electrical machinery and equipment (5 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £195,293. The company is a regular importer, with its top import category being Electrical machinery and equipment, totaling 5 months of imports. The last import operation was conducted on October 01, 2024.

Wharton Farms Ltd operates in the growing of cereals (except rice), leguminous crops and oil seeds, production of electricity, growing of vegetables and melons, roots and tubers industries. Officially, it has three owners or PSCs, five directors, and eight employees. The company’s website is not available, so it’s difficult to tell if they are selling online.

Financially, the company is showing some concerning trends. Accumulated depreciation and impairment of property, plant, and equipment increased by 11%, while bank borrowings rose by a hefty 62%. Creditors also increased by 28%, suggesting they are relying more on credit from suppliers. However, there's a positive sign: net assets decreased by only 5.7%, and the company managed to keep its employee numbers steady. It’s worth noting that the company’s equity decreased by 9.8%, which could be due to dividend payments or reinvestment in the business. There’s no auditor mentioned, so the numbers are unaudited.

The company’s assets are relatively low, and the increase in bank borrowings and creditors suggests they may be facing cash flow challenges. It’s possible they are investing in new equipment or expanding their operations, but the declining equity raises questions about their long-term financial health. The fact that the company is a family business, however, could provide stability and resilience during these uncertain times.

Registered in England/Wales under the registration number 05548852, with a registered address at HR6 0NX, England, Leominster, Herefordshire, Wharton Court Hereford Road, Wharton.

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