How much does Worth Farms Produce Limited make?

Worth Farms Produce Limited reported revenue of £9.4m and a loss of £1.1m in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Worth Farms Produce Limited have?

Worth Farms Produce Limited reported an average of 86 employees in the year to 31 May 2025.

Is Worth Farms Produce Limited profitable?

No — Worth Farms Produce Limited reported a loss of £1.1m in the year to 31 May 2025.

Company No. 10237093 · Incorporated 17 Jun 2016

Worth Farms Produce Limited

Registered name: WORTH FARMS PRODUCE LIMITED

Part of A H Worth and Company Limited group

Worth Farms Produce Limited made £9.4m revenue and a £1.1m loss in the year to 31 May 2025.

Worth Farms Produce Limited’s revenue was £9.4m in the year to 31 May 2025, with a loss of £1.1m and 86 employees. The company is classified under “growing of vegetables and melons, roots and tubers” and is based in Spalding; we hold 2 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01130Growing of vegetables and melons, roots and tubers

Status: Active
Location: Spalding, East of England
Age: 10 yrs · since 2016
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

£9.4m

Growth —

Profit

−£1.1m

Growth —

Profit margin

−11.4%

Gross 9%

Employees

Change —

Profit / employee

−£12.5k

Revenue/employee £110k

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	29 Jun 2024	31 May 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£25.7m	£9.4m
Cost of sales	£24.4m	£8.6m
Gross profit	£1.3m	£852k
Operating profit	£2.2m	−£705k
Profit before tax	£2m	−£843k
Profit after tax	£2m	−£1.1m
Profit (best available)	£2m	−£1.1m
Staff costs	£4.3m	£3.1m
Employees (average)	100	86
Ratios
Profit margin	7.7%	−11.4%
Gross margin	5.2%	9%
Revenue per employee	£257k	£110k
Profit per employee	£19.7k	−£12.5k
Balance sheet — indirect signals, not revenue
Cash at bank	£17.7k	£54.6k
Net assets	£784k	£1.7m
Fixed assets	£5.7m	£5.2m
Current assets	£6m	£8.1m
Debtors	£207k	£0
Deferred income	£1.2m	£1.2m
Source	FullAccounts · bulk data Feb 2026	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −11.4%; Profit ÷ revenue.
Gross margin: 9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £110k; Revenue ÷ average employees.
Profit per employee: −£12.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 55%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 13.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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 £1.7m
Cash at bank: —; Now £54.6k
Headcount: —; Now 86
Deferred income: —; Now £1.2m
Fixed assets: —; Now £5.2m

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%
A. H. Worth (Fosdyke) Limited75–100%
Worth Farms Produce Group Limited75–100%
Worth Farms Produce Limitedthis company

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

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 −£1.1m), from the Companies House accounts bulk data published Feb 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.