Farmstar Limited in Marr, DN5 7AU

Description

Data updated on: 01-11-2023

This enterprise is known under the name of Farmstar Limited. This firm was originally established 36 years ago and was registered with 02262473 as its reg. no. This headquarters of the company is registered in Marr. You can reach it at Grove Farm, Church Lane. This enterprise's Standard Industrial Classification Code is 46610 which stands for Wholesale of agricultural machinery, equipment and supplies. The business most recent annual accounts describe the period up to 2022-12-31 and the most recent annual confirmation statement was released on 2023-09-02.

Farmstar Limited is a small-sized vehicle operator with the licence number OB0215110. The firm has one transport operating centre in the country. In their subsidiary in Doncaster on Church Lane, 3 machines and 2 trailers are available.

On Friday 26th May 2017, the company was searching for a Parts Sales Person Agricultural to fill a full time post in Newark upon Trent, Midlands. They offered an annual hours contract. In order to apply for the position, the candidates were supposed to contact the company at the following email address: malc.phillips@farmstar.co.uk.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Scarborough Borough Council, with over 1 transactions from worth at least 500 pounds each, amounting to £13,310 in total. The company also worked with the Barnsley Metropolitan Borough (3 transactions worth £11,136 in total). Farmstar was the service provided to the Barnsley Metropolitan Borough Council covering the following areas: Direct - Tools & Parts, Equipment - Repair And Maintenance and Vehicle Maintenance was also the service provided to the Scarborough Borough Council Council covering the following areas: Vehicle Purchases.

Richard L., Andrew W., Brian B. and Charles B. are the company's directors and have been monitoring progress towards achieving the objectives and policies for twenty one years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 807	2 179	1 942	101 822	102 014	102 685	104 129
Current Assets	9 334 039	10 645 066	12 702 635	15 830 234	9 964 283	13 810 282	15 042 219
Debtors	2 604 124	3 843 024	4 255 797	3 922 527	2 669 437	2 380 209	1 795 181
Net Assets Liabilities	3 595 466	3 793 281	3 963 482	4 030 000	3 780 308	4 115 759	4 420 291
Other Debtors	32 709	73 968	72 026	32 511	88 684	51 240	25 476
Property Plant Equipment	4 698 584	5 812 973	5 806 813	6 218 666	5 738 595	5 349 617	4 854 256
Total Inventories	6 727 108	6 799 863	8 444 896	11 805 885	7 192 832	11 327 388	13 142 909

Other Financial Data
Audit Fees Expenses	13 446	12 996	12 738	16 098	25 101	34 269	19 750
Company Contributions To Money Purchase Plans Directors	30 467	30 600	30 600	30 600	45 900	29 244	25 176
Director Remuneration	227 506	232 393	242 266	268 832	336 404	235 633	381 443
Dividend Recommended By Directors		145 376	147 376	145 376	227 398	142 877	131 760
Number Directors Accruing Benefits Under Money Purchase Scheme	5	5	5	5	5	4	4
Accrued Liabilities	50 411	122 539	96 137	107 522	60 600	43 224	416 270
Accumulated Depreciation Impairment Property Plant Equipment	3 718 411	3 716 231	3 678 607	3 858 537	4 577 885	5 146 051	4 865 182
Administration Support Average Number Employees	11	11	12	12
Administrative Expenses	895 715	887 473	915 205	925 740	1 471 025	968 105	1 154 156
Applicable Tax Rate	20	20	19	19	19	19	19
Average Number Employees During Period	79	73	76	78	81	77	83
Bank Borrowings	848 529	972 682	869 390	761 403	48 525		227 935
Bank Borrowings Overdrafts	746 860	869 502	761 824	649 230	1 237 828	1 764 477	908 973
Bank Overdrafts	911 992	1 129 754	1 537 255	1 217 372	908 755	1 764 477	556 178
Cash Cash Equivalents Cash Flow Value	-909 185	-1 127 575	-1 535 313	-1 115 550	-806 741	-1 661 792	-452 049
Comprehensive Income Expense	184 998	343 191	317 577	211 894	-22 294	478 428	436 292
Corporation Tax Payable	73 574	54 939	85 142	42 972	77 732	218 955	239 339
Cost Sales	23 061 287	25 191 615	29 711 748	31 730 850	44 963 373	28 223 846	38 217 867
Creditors	1 715 096	3 184 174	3 379 626	3 577 972	3 552 879	2 198 850	2 811 110
Current Tax For Period	73 574	54 939	85 142	42 977	77 735	139 911	96 974
Deferred Tax Liabilities	135 452	89 015	77 818	103 829
Depreciation Amortisation Expense	885 441	1 031 048	1 097 326	1 128 311	1 981 843	1 257 524	1 222 919
Depreciation Expense Property Plant Equipment	321 034	466 936	351 132	194 681	613 952	198 028	341 477
Disposals Decrease In Depreciation Impairment Property Plant Equipment		927 938	1 134 951	948 381	1 262 495	689 358	1 503 786
Disposals Property Plant Equipment		1 520 288	1 901 234	1 730 769	2 149 970	1 436 896	2 194 144
Distribution Costs	1 733 024	1 725 366	1 862 213	1 922 531	2 959 114	1 912 620	2 450 986
Dividends Paid	145 376	145 376	147 376	145 376	227 398	142 877	131 760
Dividends Paid Classified As Financing Activities	-145 376	-145 376	-147 376	-145 376	-227 398	-142 877	-131 760
Dividends Paid On Shares	145 376	145 376	147 376	145 376	227 398	142 877	131 760
Dividends Paid On Shares Interim	60 668	60 668	62 668	60 668	100 336	58 168	47 054
Double Taxation Relief	26 694	-13 615	-1 739	-12 400
Finance Lease Liabilities Present Value Total	968 236	2 314 672	2 617 802	2 928 742	1 253 830	1 194 356	1 011 785
Finance Lease Payments Owing Minimum Gross	881 285	3 258 404	1 073 851	4 410 522	1 340 981	1 254 545	1 091 171
Finished Goods	5 072 651	5 083 901	6 242 544	9 311 390	5 221 436	9 029 303	10 587 104
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax		125 468
Further Item Interest Expense Component Total Interest Expense	4 783	8 042	3 599	2 539	27 212	1 309	119 077
Further Operating Expense Item Component Total Operating Expenses	969 322	1 041 700	27 899 894	1 317 780	1 786 322	1 225 657
Future Finance Charges On Finance Leases	99 104	77 735	192 162	106 484	87 151	60 189	79 386
Future Minimum Lease Payments Under Non-cancellable Operating Leases	20 071	18 893	19 616	19 616	19 616	19 616	19 058
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	568 044	608 037	1 026 321	3 328 366	-5 660 667	3 688 343	939 432
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-389 716	-1 238 900	-412 773	333 270	1 253 090	289 228	585 028
Gain Loss On Disposal Assets Income Statement Subtotal	24 190	24 300	12 560	3 049	-3 147	32 839	39 809
Gain Loss On Disposals Property Plant Equipment	24 190	24 300	12 560	3 049	-3 147	32 839	39 809
Gross Profit Loss	3 021 251	3 115 625	3 372 265	3 340 561	4 716 729	3 699 881	4 388 272
Income Taxes Paid Refund Classified As Operating Activities	-106 292	-73 574	-54 939	-85 147	-42 975	1 309	-76 592
Income Tax Expense Credit On Components Other Comprehensive Income		58 777
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	178 206	-218 390	-407 738	419 763	308 809	-855 051	1 209 743
Increase Decrease In Property Plant Equipment		194 520	107 680	259 099	1 795 033	107 351	271 289
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-113 929	72 755	1 645 033	3 360 989	-4 613 053	4 134 556	1 815 521
Increase From Depreciation Charge For Year Property Plant Equipment		1 031 047	1 097 327	1 128 311	1 981 843	1 257 524	1 222 917
Interest Expense On Bank Overdrafts	84 257	79 786	84 904	93 009	121 435	15 537	65 120
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	71 561	69 491	96 857	132 834	167 710	66 209	78 899
Interest Paid Classified As Operating Activities	-89 040	-87 828	-88 503	-95 548	-148 647	-166 184	-185 336
Interest Payable Similar Charges Finance Costs	160 601	157 319	185 360	228 382	316 357	232 393	264 235
Net Cash Flows From Used In Financing Activities	1 542 424	-1 249 106	-279 265	-322 835	313 067	1 605 005	-555 862
Net Cash Flows From Used In Investing Activities	-476 044	1 995 668	1 078 607	1 536 928	1 504 016	835 091	686 737
Net Cash Flows From Used In Operating Activities	-1 244 586	-528 172	-391 604	-1 633 856	-2 125 892	-1 556 571	-1 340 618
Net Cash Generated From Operations	-1 511 479	-759 065	-631 903	-1 947 385	-2 485 224	-1 787 655	-1 681 445
Net Current Assets Liabilities	873 193	1 451 652	1 814 007	1 705 429	1 834 578	1 074 814	2 479 870
Net Interest Received Paid Classified As Investing Activities				-187	-903	-616	-1 010
Number Shares Issued Fully Paid		400	400	400	400	400	300
Operating Profit Loss	392 479	502 373	589 818	495 466	292 575	825 967	789 396
Other Comprehensive Income Expense Net Tax		66 691
Other Creditors	165 673	160 673	161 436	253 000	658 507	289 303	290 369
Other Deferred Tax Expense Credit	-26 694	13 615	1 739	12 400	-78 320	-24 152	-7 097
Other Departments Average Number Employees	53	48	49	49
Other Interest Receivable Similar Income Finance Income				187	903	616	1 010
Other Operating Income Format1	-33	-413	2 360	3 176	5 985	6 811	6 266
Other Remaining Borrowings	1 803 041	3 073 370	3 603 303	4 179 500
Other Taxation Social Security Payable	40 155	41 313	64 804	53 267	47 925	49 479	81 417
Par Value Share		1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-1 292 604	1 270 329	529 933	576 197	-610 619	-175 675	-479 284
Pension Other Post-employment Benefit Costs Other Pension Costs	63 223	57 067	99 181	71 298	114 090	80 480	43 105
Prepayments Accrued Income	139 448	157 268	152 555	151 247	344 341	66 493	68 179
Proceeds From Borrowings Classified As Financing Activities		-593 750			-1 276 924		-1 246 000
Proceeds From Sales Property Plant Equipment	-792 840	-616 650	-778 843	-785 437	-884 328	-780 377	-730 167
Profit Loss	184 998	276 500	317 577	211 894	-22 294	478 428	436 292
Profit Loss On Ordinary Activities Before Tax	231 878	345 054	404 458	267 271	-22 879	594 190	526 171
Property Plant Equipment Gross Cost	8 416 995	9 529 204	9 485 420	10 077 203	10 316 480	10 495 668	9 719 438
Provisions	261 215	287 170	277 712	316 123	239 986	109 822	102 725
Provisions For Liabilities Balance Sheet Subtotal	261 215	287 170	277 712	316 123	239 986	109 822	102 725
Purchase Property Plant Equipment	-316 796	-2 612 318	-1 857 450	-2 322 552	-2 389 247	-1 616 084	-1 417 914
Raw Materials	1 654 457	1 715 962	2 202 352	2 494 495	1 971 396	2 298 085	2 555 805
Recoverable Value-added Tax			110 640	311 323		37 344	207 534
Repayments Borrowings Classified As Financing Activities	-104 444	-469 597	-103 292	-107 986	-751 974	-1 286 353	-109 094
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment		-105 289
Sales Marketing Distribution Average Number Employees	15	14	15	17
Social Security Costs	194 337	197 694	199 752	227 244	345 589	221 717	305 403
Staff Costs Employee Benefits Expense	2 315 349	2 297 346	2 463 914	2 529 597	3 915 851	2 605 998	3 417 471
Tax Expense Credit Applicable Tax Rate	46 376	68 148	76 847	50 781	-4 347	112 896	99 972
Tax Increase Decrease From Effect Capital Allowances Depreciation	27 198	-13 209	8 295	-7 804	82 082	27 015	-7 439
Tax Tax Credit On Profit Or Loss On Ordinary Activities	46 880	68 554	86 881	55 377	-585	115 762	89 879
Total Additions Including From Business Combinations Property Plant Equipment		2 612 318	1 857 450	2 322 552	2 389 247	1 616 084	1 417 914
Total Assets Less Current Liabilities	5 571 777	7 264 625	7 620 820	7 924 095	7 573 173	6 424 431	7 334 126
Total Borrowings	3 563 562	5 175 806	6 009 948	6 158 275	957 280	1 764 477	784 113
Total Increase Decrease From Revaluations Property Plant Equipment		20 179
Total Operating Lease Payments	51 700	51 700	52 723	53 735	80 911	54 259	58 700
Trade Creditors Trade Payables	6 155 252	6 784 566	7 850 787	11 087 741	4 885 899	9 147 200	9 680 582
Trade Debtors Trade Receivables	2 431 967	3 611 788	3 920 576	3 427 446	2 236 412	2 225 132	1 493 992
Turnover Revenue	26 082 538	28 307 240	33 076 624	35 071 411	49 680 102	31 923 727	42 606 139
Value-added Tax Payable	127 315	37 752			187 932
Wages Salaries	2 057 789	2 042 585	2 164 981	2 231 055	3 456 172	2 303 801	3 068 963
Income From Leasing Plant Equipment						1 225 657	1 328 518
Increase Decrease In Current Tax From Adjustment For Prior Periods						3	2
Issue Equity Instruments						-100
Loans From Directors						28 474	58 474
Other Provisions Balance Sheet Subtotal					106 012
Proceeds From Issuing Shares						100
Taxation Including Deferred Taxation Balance Sheet Subtotal					133 974	109 822	102 725
Tax Increase Decrease From Other Short-term Timing Differences					-78 320	-24 152	-7 097
Tax Increase Decrease From Other Tax Effects Tax Reconciliation							4 441
Total Current Tax Expense Credit					77 735	139 914	96 976