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Farmers Fresh (Wales) Limited

04535578

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

MAELOR ABBATTOIR, WREXHAM, LL13 0TS
Incorporated 16/09/2002

Compliance

Last accounts

30/05/2024

medium

Next accounts due

30/05/2026

Overdue

Confirmation statement

Last: 16/09/2025

Due 30/09/2026

On track

Industry

46320
Wholesale of meat and meat products

Officers

Mr David Trevor Owen

director · Since 09/03/2018

MANAGING DIRECTOR

BRITISH · WALES · Age 78

Also on 8 other boards

Mr Terence Ian Simpson

director · Since 09/03/2018

LIVESTOCK BUYER

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Mr Terrence James Bayliss

director · Since 21/02/2019

FARMER

BRITISH · WALES · Age 83

Also on 2 other boards

Mr Stuart Thomas Morris

director · Since 21/02/2019

FARMER

BRITISH · UNITED KINGDOM · Age 71

Also on 5 other boards

Mr John Henry Wescott

director · Since 21/02/2019

CONSULTANT

BRITISH · UNITED KINGDOM · Age 56

Also on 6 other boards

Mr Samuel Lewis Stephens

director · Since 17/09/2025

DIRECTOR

BRITISH · WALES · Age 35

Also on 2 other boards

Mr Sam Brian Whistance

director · Since 17/09/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 2 other boards

Dr Amer Rashid

director · Since 17/09/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 7 other boards

Persons with Significant Control

Farmers First Limited

75–100% shares
75–100% votes
Appoint directors

One, Glass Wharf, Bristol, BS2 0ZX

Reg: 03945957 · Companies House · Private Limited Company

Notified 09/03/2018

Former PSCs

Mr Tom Arthur Bellis

Ceased 09/03/2018

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 09/03/2018Registered 29/03/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 09/03/2018Registered 16/03/2018
Charge
satisfied

FAIRFIELD MEAT COMPANY HOLDINGS LIMITED

Created 09/03/2018Registered 15/03/2018Satisfied 21/06/2021
charge
satisfied

HSBC BANK PLC

Created 20/12/2010Registered 22/12/2010Satisfied 21/07/2017
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 21/01/2004Registered 22/01/2004Satisfied 21/07/2017
charge
satisfied

HSBC BANK PLC

Created 16/01/2003Registered 22/01/2003Satisfied 19/02/2018

CompanyRankvs 188+ SIC 46320 peers
60

Financial strength92th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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

Turnover

£49.6M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£12k

Cash in the bank

Profit Before Tax

£48k

Bottom line earnings

Net Current Assets

£440k

Working capital

Current Assets

£8.6M

Current Liabilities

£8.2M

Fixed Assets

£1.3M

Debtors

£8.3M

Cost of Sales

£43.4M

Gross Profit

£6.2M

Admin Expenses

£3.6M

Operating Profit

£186k

Profit After Tax

£74k

58avg. employees

People Costs

Wages & salaries£2.0M
NI contributions£196k

Balance Sheet

Bank loans & overdrafts£939k
Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.05

Derived from filed accounts. Not audited figures.