Woodbank Farms Limited

Woodbank Farms Ltd from Fife, UK, is a small, active company founded 29 years ago in 1995. With £2,154,077 in assets, it’s a well-established operation boasting a perfect 5.0 Google rating from 41 reviews. The company is run by four directors and one owner, with Clark Gavin listed as the owner. Its registered address is real, with only one other company registered at the same location. Woodbank Farms Ltd operates as an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the most recent import activity occurring in October 01, 2024.

The company’s core business revolves around the growing of cereals (except rice), leguminous crops, and oil seeds—a traditional agricultural pursuit. While the company doesn’s have a website, its operations are likely focused on local and regional markets, with a potential focus on supplying local businesses or participating in agricultural markets. The company is a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Financially, Woodbank Farms Ltd shows a mixed picture. Net assets increased by 20%, reaching £2,700,000, while cash reserves surged by 150%, hitting £260,000. However, bank borrowings decreased by 18%, settling at £820,000. Creditors also increased by 28%, reaching £470,000, which could indicate increased reliance on trade credit. Trade debtors remained stable at £1,700,000. The company’s net losses deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (exempt as a small company), the unaudited figures rely on director-reported data.

The increase in net assets suggests a profitable year, despite the increase in creditors. The surge in cash reserves provides a buffer against potential financial pressures, but the increase in creditors warrants closer monitoring. The company’s small size and established presence in the agricultural sector provide a foundation for continued success, but adapting to changing market conditions will be crucial.

Registered in Scotland under the registration number SC158476, with a registered address at KY8 5RY, Fife, Woodbank, Windygates.

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