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Company No. 04310055 · Incorporated 24 Oct 2001

Willes Farming Limited

Registered name: WILLES FARMING LIMITED

Willes Farming Limited made £21.9m revenue and £4.9m profit in the year to 30 Nov 2025.

Willes Farming Limited’s revenue grew 111% to £21.9m in the year to 30 Nov 2025, with £4.9m profit and 52 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Taunton; we hold 4 years of its filed accounts.

Status
Active
Location
Taunton, South West
Age
24 yrs · since 2001
Type
Private Limited Company
Latest accounts · year to 30 Nov 2025

Key figures

IndependentDoing more with lessCash flow filed
Revenue
£21.9m
Growth ▲111.2%
Profit
£4.9m
Growth ▼16.4%
Profit margin
22.4%
Gross 42.4%
Employees
52
Change ▼3.7%
Profit / employee
£94.1k
Revenue/employee £420k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 202230 Nov 202330 Nov 202430 Nov 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£20.5m£10.6m£10.3m£21.9m
Cost of sales£9.6m£6.1m£6.7m£12.6m
Gross profit£10.9m£4.6m£3.7m£9.3m
Operating profit£5.5m£664k£5.5m£6.3m
Profit before tax£5.9m£818k£6.4m£6.6m
Profit after tax£4.9m£540k£5.9m£4.9m
Profit (best available)£4.9m£540k£5.9m£4.9m
Staff costs£2.5m£2.8m£3.2m£3.2m
Employees (average)49545452
Ratios
Profit margin23.8%5.1%56.5%22.4%
Gross margin53.2%43.1%35.7%42.4%
Revenue per employee£418k£197k£192k£420k
Profit per employee£99.7k£10k£108k£94.1k
Cash conversion−45.2%−688.4%−4%−48.5%
Growth (year on year)
Revenue growth—▼48%▼2.8%▲111.2%
Profit growth—▼89%▲984.5%▼16.4%
Headcount growth—▲10.2%0%▼3.7%
Balance sheet — indirect signals, not revenue
Cash at bank£338k£4.3m£12.7m£19.2k
Net assets£22.4m£22.9m£28.8m£33.6m
Fixed assets£20.9m£21.9m£10.6m£51.8m
Current assets£9.3m£11.2m£22.1m£15m
Debtors£6.2m£3.8m£7.7m£11.2m
Cash from operations−£2.5m−£4.6m−£221k−£3m
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
22.4%
Profit ÷ revenue.
Gross margin
42.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£420k
Revenue ÷ average employees.
Profit per employee
£94.1k
Profit ÷ average employees.
Cash conversion
−48.5%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
237.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
51.2%
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
▲17%
Now £33.6m
Cash at bank
▼100%
Now £19.2k
Headcount
▼4%
Now 52
Deferred income
—
Now —
Fixed assets
▲389%
Now £51.8m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £4.9m), from the Companies House accounts bulk data published Aug 2026. 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.