Farmstar Limited
Registered name: FARMSTAR LIMITED
Farmstar Limited made £35.8m revenue and a £845k loss in the year to 31 Dec 2024.
Farmstar Limited’s revenue fell 12% to £35.8m in the year to 31 Dec 2024, with a loss of £845k and 84 employees. The company is classified under “wholesale of agricultural machinery, equipment and supplies” and is based in Marr; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Marr, Yorkshire and The Humber
- Age
- 38 yrs · since 1988
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £42.6m | £40.8m | £35.8m |
| Cost of sales | £38.2m | £37.1m | £32m |
| Gross profit | £4.4m | £3.6m | £3.7m |
| Operating profit | £789k | −£124k | −£198k |
| Profit before tax | £526k | −£705k | −£950k |
| Profit after tax | £436k | −£705k | −£845k |
| Profit (best available) | £436k | −£705k | −£845k |
| Staff costs | £3.4m | £3.7m | £3.8m |
| Employees (average) | 83 | 89 | 84 |
| Ratios | |||
| Profit margin | 1% | −1.7% | −2.4% |
| Gross margin | 10.3% | 8.9% | 10.4% |
| Revenue per employee | £513k | £458k | £426k |
| Profit per employee | £5.3k | −£7.9k | −£10.1k |
| Cash conversion | −213% | — | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼4.3% | ▼12.3% |
| Profit growth | — | ▼261.5% | — |
| Headcount growth | — | ▲7.2% | ▼5.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £104k | £106k | £110k |
| Net assets | £4.4m | £4.1m | £3.3m |
| Fixed assets | £4.9m | £5.4m | £5.1m |
| Current assets | £15m | £18.3m | £13.6m |
| Debtors | £1.5m | £1.6m | £1.1m |
| Cash from operations | −£1.7m | −£1.9m | −£1.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −2.4%
- Profit ÷ revenue.
- Gross margin
- 10.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £426k
- Revenue ÷ average employees.
- Profit per employee
- −£10.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼19%
- Now £3.3m
- Cash at bank
- ▲4%
- Now £110k
- Headcount
- ▼6%
- Now 84
- Deferred income
- —
- Now —
- Fixed assets
- ▼7%
- Now £5.1m
Similar profitable businesses
- Halse South West LimitedOttery ST. Mary · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £35.3m
- Profit
- £497k
- Staff
- 42
- Sam Turner and Sons LimitedNorth Yorkshire · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £36.6m
- Profit
- £499k
- Staff
- 176
- Bja Trading LimitedHigh Wycombe · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £34.3m
- Profit
- £2m
- Staff
- 92
- Millar Tractors LimitedCo Derry · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £33.5m
- Profit
- £1.1m
- Staff
- 8
- Morris, Corfield & Co. LimitedBroseley · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £33.4m
- Profit
- £115k
- Staff
- 70
- Riverlea Tractors LimitedWhitland · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £33m
- Profit
- £105k
- Staff
- 68
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£845k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.