VARFELL FARMS LTD

VARFELL FARM VARFELL LANE, LONGROCK, PENZANCE, CORNWALL, TR20 8AQ

Previous name: GREENYARD FLOWERS UK LTD (changed on 04-Oct-2020)
Previous name: WINCHESTER GROWERS LIMITED (changed on 30-Dec-2016)

Company Number: 03007729
Incorporation date: 09-Jan-1995
Status: Active
Entity type: Private Limited Company

SIC codes:
01190 Growing of other non-perennial crops
01290 Growing of other perennial crops
01630 Post-harvest crop activities
46220 Wholesale of flowers and plants


SUMMARY

This company is 29.2 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 29.9 million which has increased from GBP 28.1 million in the previous year. The latest reported revenue figure is GBP 19 million which is up 30% on previous year's figure of GBP 14.4 million. The company has 5 active officers (directors or partners) who are or were officers of 13 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 19,004,012 3,619,550 136,266 126,286 486,160 3,143,370
31-Dec-2021 GBP 14,426,353 2,056,410 96,345 57,627 159,939 1,935,189
31-Dec-2020 GBP 11,587,115 1,275,869 62,344 237,501 976,024
31-Dec-2019 GBP 2,180,979 1,322,407 784 1,993 1,217,619
31-Mar-2019 GBP 15,549,097 951,246 78 144,733 174,422 632,169
31-Mar-2018 GBP 15,437,097 1,338,124 27 104,584 691,496 542,071


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 9,085 9,456,527 9,400,414 2,758,277 26,408,000 627,661 1,110,570 29,866,715
31-Dec-2021 GBP 7,878 6,131,429 4,216,137 614,781 26,408,000 627,661 -632,800 28,123,345
01-Jan-2021 GBP 26,408,000 627,661 -2,567,989 26,469,173
31-Dec-2020 GBP 11,147 4,925,193 3,966,736 291,784 26,408,000 627,661 -2,567,989 26,469,173
01-Jan-2020 GBP 26,408,000 627,661 -3,544,013 25,588,280
31-Dec-2019 GBP 538 10,718,507 10,977,784 242,478 26,408,000 627,661 -3,544,013 25,588,280
31-Mar-2019 GBP 7,120,292 6,810,471 689,248 26,408,000 627,661 -4,706,464 23,373,648
31-Mar-2018 GBP 14,225 5,301,255 5,958,154 26,408,000 627,661 -5,398,825 22,736,455

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Simon Robert BINGHAM 04 Dec 2019 29 Mar 2024 1 - 0
Resigned Giles Anthony ARMSTRONG 26 Apr 2017 30 Sep 2019 0 - 1
Resigned Richard Mark BAKER 28 Mar 2014 26 Apr 2017 0 - 1
Resigned Nicholas Gordon FRENCH 21 May 2007 27 Mar 2014 0 - 10
Resigned Michael Ian MANN 08 Jan 2007 08 Jan 2008 0 - 8
Resigned Nikola BRITTON 21 Sep 2005 08 Jan 2007 0 - 2
Resigned Jonathan Ivor WILSON 02 Aug 2004 01 Nov 2005 0 - 5
Resigned Peter Dominic WILLIAMS 31 Aug 1995 02 Aug 2004 2 - 62
Resigned Gordon John FLINT 13 Apr 1995 31 Aug 1995 0 - 6

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Simon GARDNER 01 Jul 2022 Farms Director British 1 - 00 (0.0%)
Active Alexander William John NEWEY 11 Oct 2019 Horticulture British 13 - 10 (0.0%)
Resigned Francoise Suzanne Claire Elisabeth SANTENS 11 Oct 2019 05 Jun 2020 Director Belgian 0 - 20 (0.0%)
Active Matthew James JARRETT 11 Oct 2019 Director British 3 - 10 (0.0%)
Active Martyn Paul Idris THOMAS 11 Oct 2019 Director British 1 - 00 (0.0%)
Resigned Werner Hector Amand Albert PYCKE 11 Oct 2019 05 Jun 2020 Chief Executive Officer Belgian 0 - 20 (0.0%)
Active Simon Robert BINGHAM 02 Sep 2019 Director British 2 - 10 (0.0%)
Resigned Mark Ivan SPURDENS 01 Aug 2019 02 Sep 2019 Director British 0 - 41 (25.0%)
Resigned Gilles Valere Charles DEPREZ 01 Aug 2019 05 Jun 2020 Director Belgian 1 - 20 (0.0%)
Resigned Giles Anthony ARMSTRONG 06 Jan 2017 30 Sep 2019 Financial Director British 0 - 20 (0.0%)
Resigned Michael David HARPHAM 01 Jan 2014 31 Mar 2018 Fresh Produce Importer/Distributer British 2 - 139 (60.0%)
Resigned Richard Mark BAKER 01 Jan 2014 26 Apr 2017 Director British 0 - 138 (61.5%)
Resigned Alan Alexander FORRESTER 01 Jan 2014 31 Jul 2019 Director British 4 - 127 (43.8%)
Resigned Nicholas Gordon FRENCH 21 May 2007 27 Mar 2014 Accountant British 0 - 108 (80.0%)
Resigned Nikola BRITTON 18 Nov 2005 08 Jan 2007 Accountant British 0 - 20 (0.0%)
Resigned Simon PEARSON 17 Oct 2005 27 Mar 2014 Managing Director British 3 - 21 (20.0%)
Resigned Bouwe Jan VAN WIJK 26 Jan 2004 08 Jan 2007 Director Dutch 0 - 21 (50.0%)
Resigned Matthew VAN LIER 01 Aug 2002 30 Jul 2004 Director British 0 - 10 (0.0%)
Resigned Oliver John Harold HUNTSMAN 05 Feb 1999 11 Oct 2000 Investment Manager British 2 - 248 (30.8%)
Resigned Peter Dominic WILLIAMS 15 Jul 1995 31 Mar 2004 Finance Director British 2 - 6256 (87.5%)
Resigned Timothy Peter WOODLAND 04 May 1995 28 Mar 2002 Sales Director British 1 - 30 (0.0%)
Resigned David Warwick SYMONDSON 04 May 1995 11 Oct 2000 Investment Director British 3 - 2610 (34.5%)
Resigned Christopher MAY 04 May 1995 27 Jun 2002 Sales Director British 1 - 10 (0.0%)
Resigned Gordon John FLINT 13 Apr 1995 19 Jun 2015 Chairman British 0 - 63 (50.0%)
Resigned Michael Ian MANN 13 Apr 1995 04 Jan 2011 Production Director British 0 - 83 (37.5%)
Number of active directors: 5
Average tenure of active directors: 3.9 years
Average tenure of resigned directors: 5.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
YOUNG PLANTS LIMITED (00367703) - Active
NEW PLACE NURSERIES LIMITED (02002254) - Active
NEWEY LIMITED (02207753) - Active
VARFELL FARMS LTD (03007729) - Active
AVONCROSS ORNAMENTALS LIMITED (03942469) - Active
NEW FOREST PLANTS LTD (05147270) - Active
MY GREEN GARDEN LIMITED (07140843) - Active
WINCHESTER REAL ESTATE LIMITED (08275834) - Active
GREOSN LTD (09300360) - Active
PEBBLE MANAGEMENT SERVICES LIMITED (09323250) - Active
FRESH UK TRAINING LTD (11024421) - Active
ROUNDSTONE NURSERIES LIMITED (11415111) - Active
YELLOW HOLDINGS LTD (12123243) - Active
GREENYARD FLOWERS UK LIMITED (12689592) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-09-172017-09-272017-01-092016-01-092015-01-09
YELLOW HOLDINGS LTDORDINARY26,408,000
100%
0
0%
0
0%
0
0%
0
0%
GREENYARD FRESH HOLDING NL B.V.ORDINARY0
0%
26,408,000
100%
0
0%
0
0%
0
0%
UNIVEG HOLDING BVORDINARY0
0%
0
0%
26,408,000
100%
10,408,000
100%
10,408,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

VARFELL FARMS LTD

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 01190 Growing of other non-perennial crops)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LINCOLNSHIRE HERBS LTD SPALDING ROAD, BOURNE, LINCOLNSHIRE, PE10 0AT 03396683 2017-12-31 15,946,987 0
HALL HUNTER PARTNERSHIP (FARMING) HEATHLANDS FARM, HONEY HILL, WOKINGHAM, BERKSHIRE, RG40 3BG 04294824 2015-03-31 13,560,263 2,007,454
P.S. & J.E. WARD LTD 27-29 OLD MARKET, WISBECH, CAMBRIDGESHIRE, ENGLAND, PE13 1NE 06405783 2017-12-31 5,183,183 0 01290-Growing of other perennial crops
JOSEPH ROCHFORD GARDENS LIMITED 1 PIPERS END, LETTY GREEN, HERTFORD, HERTFORDSHIRE, SG14 2PB 01159021 2017-09-30 4,866,658 0
AGRIFUSION LIMITED 4 LODGE FARM COTTAGES OLD LONDON ROAD, WOODHAM WALTER, MALDON, ESSEX, ENGLAND, CM9 6RL 02665764 2018-10-31 139,930 0 01640-Seed processing for propagation
46220-Wholesale of flowers and plants
72190-Other research and experimental development on natural sciences and engineering
ROOTING AND FRUITING 10 ILLINGWORTH VILLAS, HEBDEN BRIDGE, WEST YORKSHIRE, HX7 8LG 10204824 2018-05-31 15,661 0 39000-Remediation activities and other waste management services
74909-Other professional, scientific and technical activities not elsewhere classified
85590-Other education not elsewhere classified
MARTINS OF RUSHDEN LIMITED 25 FERN ROAD, RUSHDEN, NORTHAMPTONSHIRE, NN10 6AU 05106236 2018-04-30 1,673 0 62012-Business and domestic software development
85310-General secondary education

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
VARFELL FARMS LTD 0.8% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 1.0% 5.6% 10.9% Medium
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