Farmers First Limited
03945957
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/05/2024
group
Next accounts due
30/05/2026
Confirmation statement
Last: 02/07/2025
Due 16/07/2026
Industry
Officers
director · Since 07/04/2000
FARMER
BRITISH · UNITED KINGDOM · Age 71
Also on 5 other boards
director · Since 07/04/2000
FARMER
BRITISH · WALES · Age 83
Also on 2 other boards
director · Since 09/04/2009
MANAGING DIRECTOR
BRITISH · WALES · Age 78
Also on 8 other boards
director · Since 05/07/2016
LIVESTOCK BUYER
BRITISH · ENGLAND · Age 64
Also on 3 other boards
director · Since 19/10/2016
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 1 other board
director · Since 01/11/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 6 other boards
director · Since 14/05/2019
FINANCE DIRECTOR
ENGLISH · UNITED KINGDOM · Age 45
Also on 1 other board
director · Since 17/09/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 7 other boards
director · Since 17/09/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 33
Also on 2 other boards
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 78+ SIC 64201 peers51
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/05/2024
Net Worth
£628k
Balance sheet strength
Cash
£77k
Cash in the bank
Net Current Assets
-£174k
Working capital
Current Assets
£1.2M
Current Liabilities
£1.4M
Fixed Assets
£1.9M
Debtors
£1.1M
Profit After Tax
£521k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.87 |
Derived from filed accounts. Not audited figures.