How much does Worth Farms Limited make?

Worth Farms Limited reported revenue of £7m and £357k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Worth Farms Limited have?

Worth Farms Limited reported an average of 22 employees in the year to 31 May 2025.

Is Worth Farms Limited profitable?

Yes — Worth Farms Limited reported a profit of £357k in the year to 31 May 2025.

Company No. 04595713 · Incorporated 20 Nov 2002

Worth Farms Limited

Registered name: WORTH FARMS LIMITED

Part of A H Worth and Company Limited group

Worth Farms Limited made £7m revenue and £357k profit in the year to 31 May 2025.

Worth Farms Limited’s revenue fell 7% to £7m in the year to 31 May 2025, with £357k profit and 22 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Spalding; we hold 4 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01110Growing of cereals (except rice), leguminous crops and oil seeds

Status: Active
Location: Spalding, East of England
Age: 23 yrs · since 2002
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 May 2025

Key figures

Revenue

£7m

Growth ▼6.9%

Profit

£357k

Growth ▼39.1%

Profit margin

5.1%

Gross 69%

Employees

Change ▲10%

Profit / employee

£16.2k

Revenue/employee £320k

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 to	31 May 2022	31 May 2023	30 Jun 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.6m	£7.3m	£7.6m	£7m
Cost of sales	£1.9m	£2.7m	£2.6m	£2.2m
Gross profit	£3.8m	£4.6m	£4.9m	£4.9m
Operating profit	£487k	£841k	£893k	£618k
Profit before tax	£430k	£793k	£854k	£446k
Profit after tax	£339k	£584k	£587k	£357k
Profit (best available)	£339k	£584k	£587k	£357k
Staff costs	£679k	£788k	£1m	£1.1m
Employees (average)	17	17	20	22
Ratios
Profit margin	6%	8.1%	7.8%	5.1%
Gross margin	66.6%	63.5%	65.2%	69%
Revenue per employee	£332k	£427k	£378k	£320k
Profit per employee	£19.9k	£34.4k	£29.3k	£16.2k
Growth (year on year)
Revenue growth	—	▲28.6%	▲4.3%	▼6.9%
Profit growth	—	▲72.4%	▲0.5%	▼39.1%
Headcount growth	—	0%	▲17.6%	▲10%
Balance sheet — indirect signals, not revenue
Cash at bank	£177k	£12.1k	£75.3k	£267k
Net assets	£3.8m	£4.4m	£5m	£5.3m
Fixed assets	£2.5m	£2.3m	£3.4m	£3.1m
Current assets	£4.9m	£4.7m	£5.4m	£6.7m
Debtors	£1.5m	£342k	£482k	£623k
Deferred income	£193k	£190k	£58.9k	£427k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 5.1%; Profit ÷ revenue.
Gross margin: 69%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £320k; Revenue ÷ average employees.
Profit per employee: £16.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 43.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.8%; 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: ▲7%; Now £5.3m
Cash at bank: ▲254%; Now £267k
Headcount: ▲10%; Now 22
Deferred income: ▲626%; Now £427k
Fixed assets: ▼10%; Now £3.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

A H Worth and Company Limitedultimate parent75–100%
Ahw (Property) Co Limited75–100%
Ahw (Operating) Co Limited75–100%
Worth Farms Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

QV Realisations LimitedLiquidationRev. £79.7m · Profit −£6.6m

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £357k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.