How many employees does Michaelmas Farming Limited have?

Michaelmas Farming Limited reported an average of 0 employees in the year to 31 Mar 2025.

Is Michaelmas Farming Limited profitable?

Yes — Michaelmas Farming Limited reported a profit of £1m in the year to 31 Mar 2025.

Company No. 03242849 · Incorporated 28 Aug 1996

Michaelmas Farming Limited

Registered name: MICHAELMAS FARMING LIMITED

Part of Bathurst Estate Holdings Limited group

Michaelmas Farming Limited made £1m profit in the year to 31 Mar 2025 (revenue not disclosed).

Michaelmas Farming Limited reported £1m profit in the year to 31 Mar 2025, up 5346% on the year before; its revenue was not disclosed. It had 0 employees. The company is classified under “mixed farming” and is based in Cirencester; we hold 4 years of its filed accounts.

Profit onlySection A · Agriculture, forestry and fishingSIC 01500Mixed farming

Status: Active
Location: Cirencester, South West
Age: 30 yrs · since 1996
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. From the filing: “Following a group restructure during the year, the parent company of Michaelmas Farming Limited at 31 March 2025 is Kemble Farms Limited, whose registered office is The Bathurst Estate Office, Cirence”

Latest accounts · year to 31 Mar 2025

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

£1m

Growth ▲5346%

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	—	—	£19k	£1m
Profit (best available)	—	—	£19k	£1m
Employees (average)	—	0	0	0
Ratios
Profit margin	—	—	—	—
Growth (year on year)
Profit growth	—	—	—	▲5346%
Balance sheet — indirect signals, not revenue
Cash at bank	£257k	£624k	£17.8k	£72.2k
Net assets	£3.5m	£4m	£3.9m	£1.8m
Fixed assets	£3.3m	£3.6m	£4m	£3.4m
Current assets	£453k	£941k	£486k	£597k
Debtors	£1k	£4.7k	£15k	£0
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼53%; Now £1.8m
Cash at bank: ▲305%; Now £72.2k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼15%; Now £3.4m

Corporate ownership

Group structure

Ownership chain

Bathurst Estate Holdings Limitedultimate parent75–100%
Kemble Farms Limited75–100%
Michaelmas Farming Limitedthis company

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

Subsidiaries (2)

J B 13 LimitedFigures not disclosed
Thavies Inn Underwriting LimitedFigures not disclosed

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 Mar 2025 (profit £1m), 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.