Duncan Farms Limited
Registered name: DUNCAN FARMS LIMITED
Duncan Farms Limited made £39.7m revenue and £2.4m profit in the year to 31 Mar 2025.
Duncan Farms Limited’s revenue grew 40% to £39.7m in the year to 31 Mar 2025, with £2.4m profit and 84 employees. The company is classified under “raising of poultry” and is based in Turriff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Turriff, Scotland
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15.9m | £16.5m | £28.4m | £39.7m |
| Operating profit | −£181k | £98.1k | £1.4m | £3m |
| Profit before tax | −£388k | −£229k | £1m | £2.4m |
| Profit after tax | −£388k | −£229k | £1m | £2.4m |
| Profit (best available) | −£388k | −£229k | £1m | £2.4m |
| Staff costs | £1.6m | £1.6m | £1.9m | £2.7m |
| Employees (average) | 80 | 70 | 72 | 84 |
| Ratios | ||||
| Profit margin | −2.4% | −1.4% | 3.6% | 6.2% |
| Revenue per employee | £199k | £236k | £394k | £472k |
| Profit per employee | −£4.8k | −£3.3k | £14.1k | £29.1k |
| Cash conversion | — | −1757% | −325.8% | −28.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3.5% | ▲72% | ▲39.9% |
| Profit growth | — | — | — | ▲140.7% |
| Headcount growth | — | ▼12.5% | ▲2.9% | ▲16.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£2.6m | −£2.8m | −£1.8m | £651k |
| Fixed assets | £11.6m | £11.2m | £13.2m | £16.9m |
| Current assets | £3.3m | £4.2m | £6.6m | £8.6m |
| Debtors | £2.3m | £2.4m | £3.9m | £4.6m |
| Cash from operations | −£1m | −£1.7m | −£4.6m | −£849k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 6.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £472k
- Revenue ÷ average employees.
- Profit per employee
- £29.1k
- Profit ÷ average employees.
- Cash conversion
- −28.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 42.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.6%
- Money owed by customers. Low = customers pay quickly.
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 £651k
- Cash at bank
- —
- Now —
- Headcount
- ▲17%
- Now 84
- Deferred income
- —
- Now —
- Fixed assets
- ▲28%
- Now £16.9m
Similar profitable businesses
- Brackley Farms LimitedRoss on Wye · Raising of poultry
- Revenue
- £35.4m
- Profit
- £1.6m
- Staff
- 30
- Yorkshire Farmhouse Eggs LimitedThirsk · Raising of poultry
- Revenue
- £35.2m
- Profit
- £1.2m
- Staff
- 54
- Capestone Organic Poultry LimitedHaverfordwest · Raising of poultry
- Revenue
- £45.1m
- Profit
- £2.6m
- Staff
- 220
- Sunrise Poultry Farms LimitedLoughborough · Raising of poultry
- Revenue
- £34m
- Profit
- £9.8m
- Staff
- 75
- C & K Wood (U.K.) LimitedNorth Yorkshire · Raising of poultry
- Revenue
- £32.3m
- Profit
- £3.9m
- Staff
- 9
- Staveley's Eggs LimitedCoppull · Raising of poultry
- Revenue
- £29.2m
- Profit
- £2.7m
- Staff
- 75
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.4m), from the Companies House accounts bulk data published Dec 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.