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Company No. 02262473 · Incorporated 26 May 1988

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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46610Wholesale of agricultural machinery, equipment and supplies
Status
Active
Location
Marr, Yorkshire and The Humber
Age
38 yrs · since 1988
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed
Revenue
£35.8m
Growth ▼12.3%
Profit
−£845k
Growth —
Profit margin
−2.4%
Gross 10.4%
Employees
84
Change ▼5.6%
Profit / employee
−£10.1k
Revenue/employee £426k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull 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)838984
Ratios
Profit margin1%−1.7%−2.4%
Gross margin10.3%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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

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.
Indirect — not revenue

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
Same industry, similar size

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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.