farer limited Company Information
Company Number
09316365
Next Accounts
Sep 2025
Directors
Shareholders
jonathan holt
benjamin lewin
View AllGroup Structure
View All
Industry
Retail sale of watches and jewellery in specialised stores
Registered Address
hazelwood farm bottle lane, warfield, bracknell, berkshire, RG42 5RX
Website
farer.comfarer limited Estimated Valuation
Pomanda estimates the enterprise value of FARER LIMITED at £545.7k based on a Turnover of £1.3m and 0.41x industry multiple (adjusted for size and gross margin).
farer limited Estimated Valuation
Pomanda estimates the enterprise value of FARER LIMITED at £1.3m based on an EBITDA of £377.3k and a 3.37x industry multiple (adjusted for size and gross margin).
farer limited Estimated Valuation
Pomanda estimates the enterprise value of FARER LIMITED at £5.3m based on Net Assets of £2.1m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Farer Limited Overview
Farer Limited is a live company located in bracknell, RG42 5RX with a Companies House number of 09316365. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in November 2014, it's largest shareholder is jonathan holt with a 30% stake. Farer Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Farer Limited Health Check
Pomanda's financial health check has awarded Farer Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs


5 Strong

4 Regular

3 Weak

Size
annual sales of £1.3m, make it smaller than the average company (£14.2m)
- Farer Limited
£14.2m - Industry AVG

Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (14.7%)
- Farer Limited
14.7% - Industry AVG

Production
with a gross margin of 35.7%, this company has a comparable cost of product (35.7%)
- Farer Limited
35.7% - Industry AVG

Profitability
an operating margin of 26.6% make it more profitable than the average company (7.3%)
- Farer Limited
7.3% - Industry AVG

Employees
with 4 employees, this is below the industry average (31)
4 - Farer Limited
31 - Industry AVG

Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- Farer Limited
£41.1k - Industry AVG

Efficiency
resulting in sales per employee of £332.2k, this is equally as efficient (£302k)
- Farer Limited
£302k - Industry AVG

Debtor Days
it gets paid by customers after 12 days, this is near the average (15 days)
- Farer Limited
15 days - Industry AVG

Creditor Days
its suppliers are paid after 73 days, this is slower than average (35 days)
- Farer Limited
35 days - Industry AVG

Stock Days
it holds stock equivalent to 668 days, this is more than average (187 days)
- Farer Limited
187 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 105 weeks, this is more cash available to meet short term requirements (18 weeks)
105 weeks - Farer Limited
18 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 19.3%, this is a lower level of debt than the average (61.1%)
19.3% - Farer Limited
61.1% - Industry AVG
FARER LIMITED financials

Farer Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £2.1 million. According to their latest financial statements, Farer Limited has 4 employees and maintains cash reserves of £901.3 thousand 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 | Nov 2015 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||
Other Income Or Grants | |||||||||
Cost Of Sales | |||||||||
Gross Profit | |||||||||
Admin Expenses | |||||||||
Operating Profit | |||||||||
Interest Payable | |||||||||
Interest Receivable | |||||||||
Pre-Tax Profit | |||||||||
Tax | |||||||||
Profit After Tax | |||||||||
Dividends Paid | |||||||||
Retained Profit | |||||||||
Employee Costs | |||||||||
Number Of Employees | 4 | 1 | 1 | 1 | 1 | 1 | 1 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Nov 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 52,554 | 36,416 | 8,575 | 2,585 | 7,541 | 6,531 | 8,526 | 886 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 52,555 | 36,417 | 8,576 | 2,586 | 7,542 | 6,531 | 8,526 | 886 | 0 |
Stock & work in progress | 1,565,190 | 1,382,232 | 1,150,101 | 1,389,130 | 990,718 | 753,608 | 557,677 | 266,298 | 122,245 |
Trade Debtors | 46,288 | 40,386 | 44,672 | 23,819 | 45,331 | 23,706 | 21,326 | 13,340 | 3,021 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 8,104 | 99,618 | 2,602 | 6,022 | 59,698 | 61,311 | 50,172 | 26,873 | 0 |
Cash | 901,309 | 933,286 | 470,761 | 152,359 | 23,432 | 51,114 | 100 | 14,114 | 55,570 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,520,891 | 2,455,522 | 1,668,136 | 1,571,330 | 1,119,179 | 889,739 | 629,275 | 320,625 | 180,836 |
total assets | 2,573,446 | 2,491,939 | 1,676,712 | 1,573,916 | 1,126,721 | 896,270 | 637,801 | 321,511 | 180,836 |
Bank overdraft | 66,973 | 60,565 | 54,769 | 157,203 | 0 | 0 | 9,611 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 171,216 | 245,212 | 58,343 | 62,529 | 62,068 | 73,107 | 83,389 | 57,019 | 78,349 |
Group/Directors Accounts | 0 | 0 | 0 | 9,000 | 0 | 57,000 | 132,000 | 0 | 0 |
other short term finances | 70,502 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 133,942 | 274,192 | 151,783 | 84,742 | 220,858 | 81,571 | 73,435 | 120,957 | 0 |
total current liabilities | 442,633 | 579,969 | 264,895 | 313,474 | 282,926 | 211,678 | 298,435 | 177,976 | 78,349 |
loans | 54,840 | 121,813 | 182,378 | 237,147 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 54,840 | 121,813 | 182,378 | 237,147 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 497,473 | 701,782 | 447,273 | 550,621 | 282,926 | 211,678 | 298,435 | 177,976 | 78,349 |
net assets | 2,075,973 | 1,790,157 | 1,229,439 | 1,023,295 | 843,795 | 684,592 | 339,366 | 143,535 | 102,487 |
total shareholders funds | 2,075,973 | 1,790,157 | 1,229,439 | 1,023,295 | 843,795 | 684,592 | 339,366 | 143,535 | 102,487 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Nov 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 23,315 | 14,828 | 8,184 | 5,502 | 8,080 | 6,684 | 2,331 | 187 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||
Stock | 182,958 | 232,131 | -239,029 | 398,412 | 237,110 | 195,931 | 291,379 | 144,053 | 122,245 |
Debtors | -85,612 | 92,730 | 17,433 | -75,188 | 20,012 | 13,519 | 31,285 | 37,192 | 3,021 |
Creditors | -73,996 | 186,869 | -4,186 | 461 | -11,039 | -10,282 | 26,370 | -21,330 | 78,349 |
Accruals and Deferred Income | -140,250 | 122,409 | 67,041 | -136,116 | 139,287 | 8,136 | -47,522 | 120,957 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | -9,000 | 9,000 | -57,000 | -75,000 | 132,000 | 0 | 0 |
Other Short Term Loans | 70,502 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -66,973 | -60,565 | -54,769 | 237,147 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | -31,977 | 462,525 | 318,402 | 128,927 | -27,682 | 51,014 | -14,014 | -41,456 | 55,570 |
overdraft | 6,408 | 5,796 | -102,434 | 157,203 | 0 | -9,611 | 9,611 | 0 | 0 |
change in cash | -38,385 | 456,729 | 420,836 | -28,276 | -27,682 | 60,625 | -23,625 | -41,456 | 55,570 |
farer limited Credit Report and Business Information
Farer Limited Competitor Analysis

Perform a competitor analysis for farer limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in RG42 area or any other competitors across 12 key performance metrics.
farer limited Ownership
FARER LIMITED group structure
Farer Limited has no subsidiary companies.
Ultimate parent company
FARER LIMITED
09316365
farer limited directors
Farer Limited currently has 1 director, Mr Paul Sweetenham serving since Nov 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Sweetenham | United Kingdom | 60 years | Nov 2014 | - | Director |
P&L
December 2023turnover
1.3m
+21%
operating profit
354k
0%
gross margin
35.7%
+3.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.1m
+0.16%
total assets
2.6m
+0.03%
cash
901.3k
-0.03%
net assets
Total assets minus all liabilities
farer limited company details
company number
09316365
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
hazelwood farm bottle lane, warfield, bracknell, berkshire, RG42 5RX
Bank
-
Legal Advisor
-
farer 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 farer limited.
farer 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 FARER LIMITED. This can take several minutes, an email will notify you when this has completed.
farer limited Companies House Filings - See Documents
date | description | view/download |
---|