Woodforde's Limited

Woodforde's Limited is a small, holding company based in Norwich, UK, with an active trading status. Founded 25 years ago in 1999, it employs 102 people and holds assets valued at £1,621,036. The company, with five directors and one owner, operates from a real address at Broadland Brewery, Woodbastwick, and is a regular importer of plastics and plastic products (8 months) and a regular exporter of drinks, alcohol, and vinegar (18 months). It's a family business, with its roots in brewing and now extending to a diverse range of estate services.

The company’s website, woodbastwickestates.co.uk, showcases a broad portfolio beyond its brewing heritage. Alongside Woodforde’s Brewery, the estate offers residential and commercial property, marine services (including mooring and boatyard facilities), woodland management, and agricultural operations centered around its famous herd of pedigree British White cattle—a breed thought to be the oldest in the world. There's also a restoration business for antique pianos and a forge, indicating a diverse range of income streams.

Financially, Woodforde’s Limited presents a mixed picture. While current assets increased by 17% to £1,600,000, net assets declined by 16% to -£5,300,000. Bank borrowings have surged by a staggering 2,400%, reaching £250,000, while cash reserves grew by 19% to £540,000. Creditors also increased by 30% to £1,500,000. The company meets the criteria for a small business, with a turnover under £10.2 million and assets under £5.1 million, and a workforce of 100 people. The accounts are unaudited, and no auditor is mentioned.

The significant increase in bank borrowings and the drop in equity raise concerns, suggesting the company may be relying on debt to finance its operations. However, the growth in cash reserves and the diverse range of income streams—from brewing to estate services—offer some reassurance. The company’s long history and established brand—particularly its pedigree cattle—could provide a buffer against economic headwinds, but it’s clear that Woodforde’s Limited is navigating a period of financial change.

Registered in England/Wales under the registration number 03790944, with a registered address at NR13 6SW, England, Norwich, Broadland Brewery, Woodbastwick.

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