# CORNEL FARM LTD (07178962)

> CORNEL FARM LTD is an active private limited company (company number 07178962) incorporated on 4 March 2010, registered in Pencader. Its registered activity is mixed farming (SIC 01500). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £216k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 1% on the prior period (£218k).

- Status: Active
- Incorporated: 2010-03-04
- Registered office: Pencader, SA39 9DL
- SIC 01500: Mixed farming
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-18
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 157 comparable companies in Swansea (median £1,727, upper quartile £110k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £216k | — | — | £10k | — | — | 0 |
| 2024-03-31 | £218k | — | — | £14k | — | — | 0 |

current ratio 25.07; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £215,560 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 25.07
- Incorporated five or more years ago: Incorporated 4 March 2010

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Ifor Lloyd James — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/07178962
HTML: https://firmoscan.com/company/07178962-cornel-farm-ltd