How much does Norfolk Free Range Limited make?

Norfolk Free Range Limited reported revenue of £35.2m and a loss of £3.9m in the year to 29 Jul 2023, according to its accounts filed at Companies House.

How many employees does Norfolk Free Range Limited have?

Norfolk Free Range Limited reported an average of 120 employees in the year to 29 Jul 2023.

Is Norfolk Free Range Limited profitable?

No — Norfolk Free Range Limited reported a loss of £3.9m in the year to 29 Jul 2023.

Company No. 05000340 · Incorporated 19 Dec 2003

Norfolk Free Range Limited

Registered name: NORFOLK FREE RANGE LIMITED

Part of Hart Farms Holdings Limited group

Norfolk Free Range Limited made £35.2m revenue and a £3.9m loss in the year to 29 Jul 2023.

Norfolk Free Range Limited’s revenue was £35.2m in the year to 29 Jul 2023, with a loss of £3.9m and 120 employees. The company is classified under “raising of swine/pigs” and is based in Downham Market; we hold 2 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01460Raising of swine/pigs

Status: Active
Location: Downham Market, East of England
Age: 22 yrs · since 2003
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 29 Jul 2023

Key figures

Revenue

£35.2m

Growth —

Profit

−£3.9m

Growth —

Profit margin

−11%

Gross 27.1%

Employees

120

Change —

Profit / employee

−£32.2k

Revenue/employee £294k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	29 Jul 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£29.6m	£35.2m
Cost of sales	£20.6m	£25.7m
Gross profit	£9m	£9.5m
Operating profit	−£1.1m	−£5.5m
Profit before tax	−£1.3m	−£5.8m
Profit after tax	−£1.1m	−£3.9m
Profit (best available)	−£1.1m	−£3.9m
Staff costs	£4.6m	£6m
Employees (average)	148	120
Ratios
Profit margin	−3.5%	−11%
Gross margin	30.4%	27.1%
Revenue per employee	£200k	£294k
Profit per employee	−£7.1k	−£32.2k
Balance sheet — indirect signals, not revenue
Cash at bank	—	£212k
Net assets	£8.2m	£4.3m
Fixed assets	£13.5m	£10.6m
Current assets	£11.1m	£2.3m
Debtors	£1.1m	£92.8k
Deferred income	£273k	£242k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: −11%; Profit ÷ revenue.
Gross margin: 27.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £294k; Revenue ÷ average employees.
Profit per employee: −£32.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 30%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.3%; 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: —; Now £4.3m
Cash at bank: —; Now £212k
Headcount: —; Now 120
Deferred income: —; Now £242k
Fixed assets: —; Now £10.6m

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

Hart Farms Holdings Limitedultimate parent75–100%
Norfolk Free Range Limitedthis company

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

Sister companies (1)

Hart Farms Land LimitedRev. — · Profit £108k

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 29 Jul 2023 (profit −£3.9m), from the Companies House accounts bulk data published Apr 2024. 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.