f.w. farnsworth limited
f.w. farnsworth limited Company Information
Company Number
00255912
Next Accounts
Apr 2025
Shareholders
beverley house 9000 ltd
Group Structure
View All
Industry
Production of meat and poultry meat products
+1Registered Address
trinity park house fox way, wakefield, west yorkshire, WF2 8EE
Website
http://2sfg.comf.w. farnsworth limited Estimated Valuation
Pomanda estimates the enterprise value of F.W. FARNSWORTH LIMITED at £116.3m based on a Turnover of £112.7m and 1.03x industry multiple (adjusted for size and gross margin).
f.w. farnsworth limited Estimated Valuation
Pomanda estimates the enterprise value of F.W. FARNSWORTH LIMITED at £100.3m based on an EBITDA of £12.1m and a 8.3x industry multiple (adjusted for size and gross margin).
f.w. farnsworth limited Estimated Valuation
Pomanda estimates the enterprise value of F.W. FARNSWORTH LIMITED at £0 based on Net Assets of £-86.6m and 1.94x industry multiple (adjusted for liquidity).
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F.w. Farnsworth Limited Overview
F.w. Farnsworth Limited is a live company located in west yorkshire, WF2 8EE with a Companies House number of 00255912. It operates in the production of meat and poultry meat products sector, SIC Code 10130. Founded in April 1931, it's largest shareholder is beverley house 9000 ltd with a 100% stake. F.w. Farnsworth Limited is a mature, mega sized company, Pomanda has estimated its turnover at £112.7m with healthy growth in recent years.
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F.w. Farnsworth Limited Health Check
Pomanda's financial health check has awarded F.W. Farnsworth Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £112.7m, make it larger than the average company (£27.5m)
£112.7m - F.w. Farnsworth Limited
£27.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.3%)
8% - F.w. Farnsworth Limited
6.3% - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (21.5%)
24.5% - F.w. Farnsworth Limited
21.5% - Industry AVG
Profitability
an operating margin of 9.8% make it more profitable than the average company (3.4%)
9.8% - F.w. Farnsworth Limited
3.4% - Industry AVG
Employees
with 796 employees, this is above the industry average (115)
796 - F.w. Farnsworth Limited
115 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£34.1k)
£28.9k - F.w. Farnsworth Limited
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £141.6k, this is less efficient (£219.8k)
£141.6k - F.w. Farnsworth Limited
£219.8k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (41 days)
10 days - F.w. Farnsworth Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (40 days)
60 days - F.w. Farnsworth Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (38 days)
14 days - F.w. Farnsworth Limited
38 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - F.w. Farnsworth Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 269.6%, this is a higher level of debt than the average (56.2%)
269.6% - F.w. Farnsworth Limited
56.2% - Industry AVG
F.W. FARNSWORTH LIMITED financials
F.W. Farnsworth Limited's latest turnover from July 2023 is £112.7 million and the company has net assets of -£86.6 million. According to their latest financial statements, F.W. Farnsworth Limited has 796 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Aug 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Aug 2015 | Aug 2014 | Jul 2013 | Jul 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 112,737,000 | 105,695,000 | 101,684,000 | 88,449,000 | 76,258,000 | 74,774,000 | 82,368,000 | 102,258,000 | 87,297,000 | 90,199,000 | 93,946,000 | 105,254,000 | 75,288,000 | 70,803,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 85,138,000 | 78,897,000 | 76,014,000 | 67,717,000 | 60,417,000 | 59,815,000 | 64,902,000 | 76,892,000 | 68,519,000 | 76,031,000 | 76,830,000 | 81,151,000 | 57,044,000 | 52,724,000 |
| Gross Profit | 27,599,000 | 26,798,000 | 25,670,000 | 20,732,000 | 15,841,000 | 14,959,000 | 17,466,000 | 25,366,000 | 18,778,000 | 14,168,000 | 17,116,000 | 24,103,000 | 18,244,000 | 18,079,000 |
| Admin Expenses | 16,554,000 | 19,958,000 | 20,951,000 | 20,036,000 | 16,562,000 | 16,102,000 | 20,893,000 | 22,764,000 | 15,768,000 | 13,825,000 | 19,564,000 | 15,596,000 | 13,291,000 | 13,853,000 |
| Operating Profit | 11,045,000 | 6,840,000 | 4,719,000 | 696,000 | -721,000 | -1,143,000 | -3,427,000 | 2,602,000 | 3,010,000 | 343,000 | -2,448,000 | 8,507,000 | 4,953,000 | 4,226,000 |
| Interest Payable | 7,536,000 | 7,486,000 | 6,906,000 | 5,867,000 | 5,696,000 | 5,354,000 | 5,035,000 | 4,993,000 | 4,915,000 | 15,044,000 | 8,542,000 | 10,365,000 | 6,033,000 | 5,275,000 |
| Interest Receivable | 460,000 | 95,000 | 95,000 | |||||||||||
| Pre-Tax Profit | 3,509,000 | -646,000 | -2,187,000 | -5,171,000 | -6,417,000 | -6,497,000 | -8,462,000 | -2,391,000 | -1,905,000 | -14,701,000 | -10,990,000 | -1,398,000 | -985,000 | -954,000 |
| Tax | -1,645,000 | -305,000 | -259,000 | 1,420,000 | -270,000 | 128,000 | 1,054,000 | 143,000 | -1,971,000 | 2,642,000 | -642,000 | 551,000 | 15,000 | -1,240,000 |
| Profit After Tax | 1,864,000 | -951,000 | -2,446,000 | -3,751,000 | -6,687,000 | -6,369,000 | -7,408,000 | -2,248,000 | -3,876,000 | -12,059,000 | -11,632,000 | -847,000 | -970,000 | -2,194,000 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 1,864,000 | -951,000 | -2,446,000 | -3,751,000 | -6,687,000 | -6,369,000 | -7,408,000 | -2,248,000 | -3,876,000 | -12,059,000 | -11,632,000 | -847,000 | -970,000 | -2,194,000 |
| Employee Costs | 23,013,000 | 22,972,000 | 21,787,000 | 19,127,000 | 17,572,000 | 16,883,000 | 22,061,000 | 24,912,000 | 22,489,000 | 22,965,000 | 20,194,000 | 25,392,000 | 18,957,000 | 18,198,000 |
| Number Of Employees | 796 | 865 | 843 | 753 | 741 | 716 | 880 | 1,060 | 995 | 983 | 853 | 737 | 775 | 777 |
| EBITDA* | 12,079,000 | 7,932,000 | 6,527,000 | 2,647,000 | 1,479,000 | 1,048,000 | -1,148,000 | 5,007,000 | 5,575,000 | 2,979,000 | 98,000 | 11,712,000 | 7,246,000 | 6,498,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Aug 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Aug 2015 | Aug 2014 | Jul 2013 | Jul 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,894,000 | 4,554,000 | 4,752,000 | 5,518,000 | 7,670,000 | 8,069,000 | 9,697,000 | 10,951,000 | 12,123,000 | 12,759,000 | 13,921,000 | 15,139,000 | 16,287,000 | 10,777,000 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 789,000 | |||||||||||||
| Debtors (Due After 1 year) | 1,604,000 | 1,101,000 | 1,651,000 | 1,109,000 | 1,547,000 | 1,662,000 | 43,038,000 | 43,488,000 | 43,929,000 | 44,512,000 | 45,676,000 | |||
| Total Fixed Assets | 3,894,000 | 6,158,000 | 5,853,000 | 7,169,000 | 7,670,000 | 9,178,000 | 11,244,000 | 12,613,000 | 12,912,000 | 55,797,000 | 57,409,000 | 59,068,000 | 60,799,000 | 56,453,000 |
| Stock & work in progress | 3,440,000 | 3,878,000 | 3,319,000 | 2,842,000 | 3,139,000 | 2,658,000 | 4,063,000 | 4,010,000 | 3,832,000 | 3,146,000 | 3,944,000 | 2,945,000 | 4,751,000 | 2,632,000 |
| Trade Debtors | 3,140,000 | 4,882,000 | 3,204,000 | 2,980,000 | 2,722,000 | 4,102,000 | 3,173,000 | 3,851,000 | 3,733,000 | 4,315,000 | 6,212,000 | 3,522,000 | 6,413,000 | 6,384,000 |
| Group Debtors | 39,168,000 | 39,530,000 | 40,934,000 | 40,872,000 | 41,339,000 | 41,718,000 | 42,156,000 | 42,691,000 | 39,000 | 108,000 | 95,000 | 13,000 | ||
| Misc Debtors | 1,438,000 | 901,000 | 1,320,000 | 1,444,000 | 1,186,000 | 952,000 | 829,000 | 773,000 | 3,407,000 | 1,967,000 | 1,987,000 | 1,601,000 | 998,000 | |
| Cash | 51,000 | 46,000 | 51,000 | 74,000 | 69,000 | 73,000 | 84,000 | 87,000 | 93,000 | 83,000 | 100,000 | 38,000 | 72,000 | |
| misc current assets | 116,000 | 995,000 | ||||||||||||
| total current assets | 47,186,000 | 49,242,000 | 48,823,000 | 48,189,000 | 47,799,000 | 49,354,000 | 49,979,000 | 50,930,000 | 51,116,000 | 11,000,000 | 12,314,000 | 8,649,000 | 12,919,000 | 11,094,000 |
| total assets | 51,080,000 | 55,400,000 | 54,676,000 | 55,358,000 | 55,469,000 | 58,532,000 | 61,223,000 | 63,543,000 | 64,028,000 | 66,797,000 | 69,723,000 | 67,717,000 | 73,718,000 | 67,547,000 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 14,186,000 | 13,454,000 | 12,498,000 | 10,609,000 | 10,050,000 | 12,200,000 | 11,312,000 | 15,394,000 | 14,421,000 | 14,857,000 | 14,391,000 | 9,562,000 | 11,397,000 | 7,125,000 |
| Group/Directors Accounts | 119,556,000 | 126,825,000 | 126,642,000 | 126,743,000 | 117,472,000 | 115,622,000 | 104,482,000 | 104,557,000 | 104,033,000 | 94,737,000 | 83,497,000 | 86,826,000 | 84,895,000 | |
| other short term finances | 123,785,000 | |||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 3,948,000 | 3,595,000 | 3,059,000 | 3,083,000 | 3,499,000 | 2,559,000 | 4,529,000 | 3,664,000 | 2,611,000 | 2,874,000 | 4,659,000 | 5,617,000 | 4,610,000 | |
| total current liabilities | 137,690,000 | 143,874,000 | 142,199,000 | 140,435,000 | 136,795,000 | 133,171,000 | 129,493,000 | 124,405,000 | 122,642,000 | 121,501,000 | 112,002,000 | 97,718,000 | 103,840,000 | 96,630,000 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 96,000 | 462,000 | 637,000 | 140,000 | 130,000 | |||||||||
| other liabilities | ||||||||||||||
| provisions | 471,000 | |||||||||||||
| total long term liabilities | 96,000 | 462,000 | 1,108,000 | 140,000 | 130,000 | |||||||||
| total liabilities | 137,690,000 | 143,874,000 | 142,199,000 | 140,435,000 | 136,795,000 | 133,171,000 | 129,493,000 | 124,405,000 | 122,642,000 | 121,597,000 | 112,464,000 | 98,826,000 | 103,980,000 | 96,760,000 |
| net assets | -86,610,000 | -88,474,000 | -87,523,000 | -85,077,000 | -81,326,000 | -74,639,000 | -68,270,000 | -60,862,000 | -58,614,000 | -54,800,000 | -42,741,000 | -31,109,000 | -30,262,000 | -29,213,000 |
| total shareholders funds | -86,610,000 | -88,474,000 | -87,523,000 | -85,077,000 | -81,326,000 | -74,639,000 | -68,270,000 | -60,862,000 | -58,614,000 | -54,800,000 | -42,741,000 | -31,109,000 | -30,262,000 | -29,213,000 |
| Jul 2023 | Jul 2022 | Jul 2021 | Aug 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Aug 2015 | Aug 2014 | Jul 2013 | Jul 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 11,045,000 | 6,840,000 | 4,719,000 | 696,000 | -721,000 | -1,143,000 | -3,427,000 | 2,602,000 | 3,010,000 | 343,000 | -2,448,000 | 8,507,000 | 4,953,000 | 4,226,000 |
| Depreciation | 1,034,000 | 1,092,000 | 1,808,000 | 1,951,000 | 2,200,000 | 2,191,000 | 2,279,000 | 2,405,000 | 2,565,000 | 2,636,000 | 2,546,000 | 3,205,000 | 2,293,000 | 2,272,000 |
| Amortisation | ||||||||||||||
| Tax | -1,645,000 | -305,000 | -259,000 | 1,420,000 | -270,000 | 128,000 | 1,054,000 | 143,000 | -1,971,000 | 2,642,000 | -642,000 | 551,000 | 15,000 | -1,240,000 |
| Stock | -438,000 | 559,000 | 477,000 | -297,000 | 481,000 | -1,405,000 | 53,000 | 178,000 | 686,000 | -798,000 | 999,000 | -1,806,000 | 2,119,000 | 2,632,000 |
| Debtors | -3,171,000 | 358,000 | -388,000 | 44,225,000 | -45,014,000 | 346,000 | -1,108,000 | 1,301,000 | -3,602,000 | -976,000 | 2,242,000 | -2,993,000 | -545,000 | 53,071,000 |
| Creditors | 732,000 | 956,000 | 1,889,000 | 559,000 | -2,150,000 | 888,000 | -4,082,000 | 973,000 | -436,000 | 466,000 | 4,829,000 | -1,835,000 | 4,272,000 | 7,125,000 |
| Accruals and Deferred Income | 353,000 | 536,000 | -24,000 | 3,083,000 | -3,499,000 | 940,000 | -1,970,000 | 865,000 | 957,000 | -629,000 | -1,960,000 | -461,000 | 1,017,000 | 4,740,000 |
| Deferred Taxes & Provisions | -471,000 | 471,000 | ||||||||||||
| Cash flow from operations | 15,128,000 | 8,202,000 | 8,044,000 | -36,219,000 | 4,063,000 | -5,091,000 | 5,509,000 | 7,041,000 | 7,232,000 | -1,387,000 | 15,237,000 | 10,976,000 | -38,580,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -789,000 | 789,000 | ||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -7,269,000 | 183,000 | -101,000 | 126,743,000 | -117,472,000 | 1,850,000 | 11,140,000 | -75,000 | 524,000 | 9,296,000 | 11,240,000 | -3,329,000 | 1,931,000 | 84,895,000 |
| Other Short Term Loans | -123,785,000 | 123,785,000 | ||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -7,536,000 | -7,486,000 | -6,906,000 | -5,867,000 | -5,354,000 | -5,035,000 | -4,993,000 | -4,915,000 | -15,044,000 | -8,542,000 | -9,905,000 | -5,938,000 | -5,180,000 | |
| cash flow from financing | -14,805,000 | -7,303,000 | -7,007,000 | -2,909,000 | -3,504,000 | 6,105,000 | -5,068,000 | -4,329,000 | -5,748,000 | 2,698,000 | -13,234,000 | -4,086,000 | 52,696,000 | |
| cash and cash equivalents | ||||||||||||||
| cash | -51,000 | 5,000 | -5,000 | -23,000 | 5,000 | -4,000 | -11,000 | -3,000 | -6,000 | 10,000 | -17,000 | 62,000 | -34,000 | 72,000 |
| overdraft | ||||||||||||||
| change in cash | -51,000 | 5,000 | -5,000 | -23,000 | 5,000 | -4,000 | -11,000 | -3,000 | -6,000 | 10,000 | -17,000 | 62,000 | -34,000 | 72,000 |
f.w. farnsworth limited Credit Report and Business Information
F.w. Farnsworth Limited Competitor Analysis
Perform a competitor analysis for f.w. farnsworth limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in WF2 area or any other competitors across 12 key performance metrics.
f.w. farnsworth limited Ownership
F.W. FARNSWORTH LIMITED group structure
F.W. Farnsworth Limited has no subsidiary companies.
Ultimate parent company
2 parents
F.W. FARNSWORTH LIMITED
00255912
f.w. farnsworth limited directors
F.W. Farnsworth Limited currently has 3 directors. The longest serving directors include Mr Ranjit Boparan (Dec 2011) and Mr Veepul Patel (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ranjit Boparan | England | 58 years | Dec 2011 | - | Director |
| Mr Veepul Patel | 52 years | May 2023 | - | Director | |
| Mr Paul Friston | United Kingdom | 51 years | Feb 2025 | - | Director |
P&L
July 2023turnover
112.7m
+7%
operating profit
11m
+61%
gross margin
24.5%
-3.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-86.6m
-0.02%
total assets
51.1m
-0.08%
cash
0
-1%
net assets
Total assets minus all liabilities
f.w. farnsworth limited company details
company number
00255912
Type
Private limited with Share Capital
industry
10130 - Production of meat and poultry meat products
10890 - Manufacture of other food products n.e.c.
incorporation date
April 1931
age
94
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
July 2023
previous names
pork farms limited (July 1990)
accountant
-
auditor
-
address
trinity park house fox way, wakefield, west yorkshire, WF2 8EE
Bank
BARCLAYS BANK PLC
Legal Advisor
-
f.w. farnsworth limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to f.w. farnsworth limited. Currently there are 2 open charges and 0 have been satisfied in the past.
f.w. farnsworth limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for F.W. FARNSWORTH LIMITED. This can take several minutes, an email will notify you when this has completed.
f.w. farnsworth limited Companies House Filings - See Documents
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