farm africa limited
farm africa limited Company Information
Company Number
01926828
Next Accounts
Sep 2025
Shareholders
-
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
1 st john's lane, london, EC1M 4BL
Website
www.farmafrica.orgfarm africa limited Estimated Valuation
Pomanda estimates the enterprise value of FARM AFRICA LIMITED at £7.7m based on a Turnover of £11m and 0.7x industry multiple (adjusted for size and gross margin).
farm africa limited Estimated Valuation
Pomanda estimates the enterprise value of FARM AFRICA LIMITED at £0 based on an EBITDA of £-3.4m and a 5.12x industry multiple (adjusted for size and gross margin).
farm africa limited Estimated Valuation
Pomanda estimates the enterprise value of FARM AFRICA LIMITED at £6.7m based on Net Assets of £3.2m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Farm Africa Limited Overview
Farm Africa Limited is a live company located in london, EC1M 4BL with a Companies House number of 01926828. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 1985, it's largest shareholder is unknown. Farm Africa Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Farm Africa Limited Health Check
Pomanda's financial health check has awarded Farm Africa Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £11m, make it larger than the average company (£4.8m)
£11m - Farm Africa Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.6%)
2% - Farm Africa Limited
6.6% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)
38.3% - Farm Africa Limited
38.3% - Industry AVG
Profitability
an operating margin of -31.4% make it less profitable than the average company (5.7%)
-31.4% - Farm Africa Limited
5.7% - Industry AVG
Employees
with 226 employees, this is above the industry average (27)
226 - Farm Africa Limited
27 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has a lower pay structure (£54k)
£25.6k - Farm Africa Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £48.8k, this is less efficient (£171.4k)
£48.8k - Farm Africa Limited
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (42 days)
3 days - Farm Africa Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (32 days)
1 days - Farm Africa Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Farm Africa Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 329 weeks, this is more cash available to meet short term requirements (22 weeks)
329 weeks - Farm Africa Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.9%, this is a lower level of debt than the average (62.5%)
12.9% - Farm Africa Limited
62.5% - Industry AVG
FARM AFRICA LIMITED financials
Farm Africa Limited's latest turnover from December 2023 is £11 million and the company has net assets of £3.2 million. According to their latest financial statements, Farm Africa Limited has 226 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,025,000 | 14,716,000 | 12,362,000 | 10,368,000 | 15,495,000 | 18,061,000 | 14,716,000 | 17,900,000 | 12,145,000 | 13,784,000 | 12,822,000 | 11,055,000 | 11,174,000 | 8,225,000 | 7,177,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -3,222,000 | 107,000 | 658,000 | -2,163,000 | 1,191,000 | 1,717,000 | -1,730,000 | 1,389,000 | -538,000 | 827,000 | 312,000 | -284,000 | 1,139,000 | 703,000 | 331,000 |
| Tax | |||||||||||||||
| Profit After Tax | -3,222,000 | 107,000 | 658,000 | -2,163,000 | 1,191,000 | 1,717,000 | -1,730,000 | 1,389,000 | -538,000 | 827,000 | 312,000 | -284,000 | 1,139,000 | 703,000 | 331,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -3,222,000 | 107,000 | 658,000 | -2,163,000 | 1,191,000 | 1,717,000 | -1,730,000 | 1,389,000 | -538,000 | 827,000 | 312,000 | -284,000 | 1,139,000 | 703,000 | 331,000 |
| Employee Costs | 5,779,000 | 5,406,000 | 5,006,000 | 5,214,000 | 5,772,000 | 5,905,000 | 5,491,000 | 5,279,000 | 4,254,000 | 3,743,000 | 3,768,000 | 3,513,000 | 3,372,000 | 2,808,000 | 2,708,000 |
| Number Of Employees | 226 | 185 | 200 | 223 | 262 | 285 | 278 | 236 | 219 | 223 | 239 | 265 | 247 | 210 | 205 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 115,000 | 153,000 | 98,000 | 85,000 | 24,000 | 545,000 | 521,000 | 507,000 | 290,000 | 285,000 | 337,000 | 175,000 | 157,000 | 39,000 | 46,000 |
| Intangible Assets | 20,000 | 23,000 | 28,000 | 36,000 | 26,000 | ||||||||||
| Investments & Other | 8,000 | 68,000 | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 135,000 | 153,000 | 98,000 | 85,000 | 24,000 | 576,000 | 617,000 | 543,000 | 316,000 | 285,000 | 337,000 | 175,000 | 157,000 | 39,000 | 46,000 |
| Stock & work in progress | 336,000 | 329,000 | 452,000 | 542,000 | 437,000 | 508,000 | 159,000 | 32,000 | |||||||
| Trade Debtors | 92,000 | 680,000 | 155,000 | 61,000 | 141,000 | 1,112,000 | 192,000 | 74,000 | 164,000 | 108,000 | 655,000 | 555,000 | 617,000 | 1,046,000 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 645,000 | 707,000 | 1,112,000 | 1,671,000 | 273,000 | 910,000 | 1,712,000 | 2,039,000 | 1,157,000 | 337,000 | 432,000 | 234,000 | 360,000 | 719,000 | |
| Cash | 2,754,000 | 6,213,000 | 5,852,000 | 5,132,000 | 6,684,000 | 7,206,000 | 5,276,000 | 5,819,000 | 3,205,000 | 3,625,000 | 3,090,000 | 3,525,000 | 3,560,000 | 2,183,000 | 2,561,000 |
| misc current assets | 617,000 | 637,000 | 589,000 | 684,000 | |||||||||||
| total current assets | 3,491,000 | 6,893,000 | 6,714,000 | 6,305,000 | 8,496,000 | 8,927,000 | 7,324,000 | 8,694,000 | 6,539,000 | 6,011,000 | 4,590,000 | 4,671,000 | 4,443,000 | 3,589,000 | 3,280,000 |
| total assets | 3,626,000 | 7,046,000 | 6,812,000 | 6,390,000 | 8,520,000 | 9,503,000 | 7,941,000 | 9,237,000 | 6,855,000 | 6,296,000 | 4,927,000 | 4,846,000 | 4,600,000 | 3,628,000 | 3,326,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | 9,000 | 62,000 | 23,000 | ||||||||||||
| Trade Creditors | 36,000 | 222,000 | 82,000 | 96,000 | 80,000 | 1,064,000 | 658,000 | 466,000 | 402,000 | 214,000 | 204,000 | 155,000 | 70,000 | 63,000 | 40,000 |
| Group/Directors Accounts | 260,000 | 184,000 | 373,000 | 97,000 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 399,000 | 327,000 | 418,000 | 582,000 | 576,000 | 318,000 | 1,171,000 | 965,000 | 908,000 | 764,000 | 567,000 | 966,000 | 521,000 | 695,000 | 1,010,000 |
| total current liabilities | 435,000 | 549,000 | 500,000 | 678,000 | 656,000 | 1,651,000 | 2,075,000 | 1,827,000 | 1,407,000 | 978,000 | 771,000 | 1,121,000 | 591,000 | 758,000 | 1,050,000 |
| loans | 1,171,000 | 1,016,000 | 739,000 | 478,000 | 256,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 32,000 | 189,000 | 87,000 | 145,000 | 134,000 | 203,000 | 233,000 | 278,000 | 180,000 | 198,000 | 119,000 | 109,000 | |||
| total long term liabilities | 32,000 | 189,000 | 87,000 | 145,000 | 134,000 | 1,374,000 | 1,249,000 | 1,017,000 | 658,000 | 454,000 | 119,000 | 109,000 | |||
| total liabilities | 467,000 | 738,000 | 587,000 | 823,000 | 790,000 | 3,025,000 | 3,324,000 | 2,844,000 | 2,065,000 | 1,432,000 | 890,000 | 1,121,000 | 591,000 | 758,000 | 1,159,000 |
| net assets | 3,159,000 | 6,308,000 | 6,225,000 | 5,567,000 | 7,730,000 | 6,478,000 | 4,617,000 | 6,166,000 | 4,716,000 | 4,864,000 | 4,037,000 | 3,725,000 | 4,009,000 | 2,870,000 | 2,167,000 |
| total shareholders funds | 3,159,000 | 6,308,000 | 6,225,000 | 5,567,000 | 7,730,000 | 6,478,000 | 4,617,000 | 6,166,000 | 4,716,000 | 4,864,000 | 4,037,000 | 3,725,000 | 4,009,000 | 2,870,000 | 2,167,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 69,000 | 76,000 | 30,000 | 26,000 | 39,000 | 141,000 | 126,000 | 101,000 | 99,000 | 84,000 | 78,000 | 57,000 | 44,000 | 33,000 | 53,000 |
| Amortisation | 9,000 | 11,000 | 11,000 | ||||||||||||
| Tax | |||||||||||||||
| Stock | -336,000 | 7,000 | -123,000 | -90,000 | 105,000 | -71,000 | 349,000 | 127,000 | 32,000 | ||||||
| Debtors | 57,000 | -182,000 | -311,000 | -639,000 | 427,000 | 283,000 | -684,000 | -417,000 | 938,000 | 273,000 | 5,000 | 136,000 | -555,000 | 687,000 | 719,000 |
| Creditors | -186,000 | 140,000 | -14,000 | 16,000 | -984,000 | 406,000 | 192,000 | 64,000 | 188,000 | 10,000 | 49,000 | 85,000 | 7,000 | 23,000 | 40,000 |
| Accruals and Deferred Income | 72,000 | -91,000 | -164,000 | 6,000 | 258,000 | -853,000 | 206,000 | 57,000 | 144,000 | 197,000 | -399,000 | 445,000 | -174,000 | -315,000 | 1,010,000 |
| Deferred Taxes & Provisions | -157,000 | 102,000 | -58,000 | 11,000 | -69,000 | -30,000 | -45,000 | 98,000 | -18,000 | 79,000 | 119,000 | -109,000 | 109,000 | ||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -100,000 | -246,000 | -135,000 | 345,000 | -32,000 | -242,000 | -83,000 | -132,000 | -26,000 | -6,000 | |||||
| Change in Investments | -8,000 | -60,000 | 68,000 | ||||||||||||
| cash flow from investments | 8,000 | -40,000 | -314,000 | -135,000 | 345,000 | -32,000 | -242,000 | -83,000 | -132,000 | -26,000 | -6,000 | ||||
| Financing Activities | |||||||||||||||
| Bank loans | -9,000 | -53,000 | 39,000 | 23,000 | |||||||||||
| Group/Directors Accounts | -260,000 | 76,000 | -189,000 | 276,000 | 97,000 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,171,000 | 155,000 | 277,000 | 261,000 | 222,000 | 256,000 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 73,000 | -24,000 | -1,379,000 | 322,000 | 308,000 | 621,000 | 709,000 | 256,000 | 1,836,000 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -3,459,000 | 361,000 | 720,000 | -1,552,000 | -522,000 | 1,930,000 | -543,000 | 2,614,000 | -420,000 | 535,000 | -435,000 | -35,000 | 1,377,000 | -378,000 | 2,561,000 |
| overdraft | |||||||||||||||
| change in cash | -3,459,000 | 361,000 | 720,000 | -1,552,000 | -522,000 | 1,930,000 | -543,000 | 2,614,000 | -420,000 | 535,000 | -435,000 | -35,000 | 1,377,000 | -378,000 | 2,561,000 |
farm africa limited Credit Report and Business Information
Farm Africa Limited Competitor Analysis
Perform a competitor analysis for farm africa limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC1M area or any other competitors across 12 key performance metrics.
farm africa limited Ownership
FARM AFRICA LIMITED group structure
Farm Africa Limited has 4 subsidiary companies.
Ultimate parent company
FARM AFRICA LIMITED
01926828
4 subsidiaries
farm africa limited directors
Farm Africa Limited currently has 13 directors. The longest serving directors include Mr Anthony Reizenstein (Jun 2014) and Ms Laketch Imru (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Reizenstein | United Kingdom | 68 years | Jun 2014 | - | Director |
| Ms Laketch Imru | England | 65 years | Jun 2016 | - | Director |
| Mr Nick Allen | England | 72 years | May 2018 | - | Director |
| Ms Jane Ngige | England | 68 years | Jul 2018 | - | Director |
| Mr Kenneth Caldwell | United Kingdom | 70 years | Feb 2021 | - | Director |
| Ms Caroline Miller Smith | 56 years | Sep 2022 | - | Director | |
| Ms Vicky Unwin | United Kingdom | 67 years | Sep 2022 | - | Director |
| Mr Julian Marks | England | 57 years | Sep 2022 | - | Director |
| Mr Julian Marks | England | 57 years | Sep 2022 | - | Director |
| Mrs Anna Onyango | England | 65 years | Sep 2023 | - | Director |
P&L
December 2023turnover
11m
-25%
operating profit
-3.5m
0%
gross margin
38.3%
-0.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.2m
-0.5%
total assets
3.6m
-0.49%
cash
2.8m
-0.56%
net assets
Total assets minus all liabilities
farm africa limited company details
company number
01926828
Type
Private Ltd By Guarantee w/o Share Cap
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 1985
age
40
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
food and agricultural research management limited (August 2015)
food and agricultural research mission (January 1990)
accountant
-
auditor
CROWE U.K. LLP
address
1 st john's lane, london, EC1M 4BL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
farm africa 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 did not find charges/mortgages relating to farm africa limited.
farm africa 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 FARM AFRICA LIMITED. This can take several minutes, an email will notify you when this has completed.
farm africa limited Companies House Filings - See Documents
| date | description | view/download |
|---|
