FAROL LIMITED

Active
Company number 04157398Private limited companyIncorporated 2001

Key figures

£28,374,521+14.1%
Net assets 2025/26
+14.1%
Average annual growth 2024/25–2025/26
010 m20 m30 m2024/252025/26

† FAROL LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025/26

Sector comparison

SIC 46610

Where the company stands among the 1,196 active companies whose first SIC code is 46610 (Wholesale of agricultural machinery, equipment and supplies).

Turnover£184,174,165
Higher than 97% · median £24,474,440 among 61 that publish turnover
Net assets£28,374,521
Higher than 99% · median £113,998
Total assets£78,872,994
Higher than 99% · median £330,011
Cash£3,589,120
Higher than 97% · median £87,509
Employees301
Higher than 99% · median 1
Company age25.7 years
Older than 85% · median 7.9 years
Largest in this sector by net assets
  1. KUBOTA (U.K.) LIMITED£78.1m
  2. JOHN DEERE LIMITED£51.6m
  3. SHARMANS AGRICULTURAL LIMITED£35.5m
  4. G. & R. PYKETT LIMITED£31.5m
  5. FAROL LIMITED£28.4m
  6. SPAREX LIMITED£24.6m
  7. WILLIAM GILDER LIMITED£19.1m
  8. MILLAR TRACTORS LIMITED£18.2m
  9. RUSSELL'S (KIRBYMOORSIDE) LIMITED£17.8m
  10. LLOYD LIMITED£17.6m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 1,196. The line on each bar marks the median.

Summary: FAROL LIMITED

What kind of company is it?

FAROL LIMITED is a private limited company registered with Companies House under company number 04157398. It was incorporated on 9 Feb 2001. Its status is active. The registered office is in Thame (OX9). Its nature of business (SIC 2007) is wholesale of agricultural machinery, equipment and supplies (46610).

How is the company doing financially?

The latest accounts in the database are for 2025/26 (period ending 31 Jan 2026); the company files full accounts. Turnover was £184,174,165. Profit for the year was £1,335,672. Net assets were £28,374,521, up 14.1% on the previous year. Cash at bank and in hand was £3,589,120. The company had an average of 301 employees. Figures are available for 2 financial years (2024/25–2025/26).

How does it compare with similar companies?

Compared with 1,196 active companies whose first SIC code is 46610: By turnover it ranks higher than 97% of the 61 that publish turnover (median £24,474,440). By net assets it ranks higher than 99% of them (median £113,998). By total assets it ranks higher than 99% of them (median £330,011). By cash it ranks higher than 97% of them (median £87,509). By number of employees it ranks higher than 99% of them (median 1). It is older than 85% of them (median age 7.9 years).

Does it supply the public sector?

The company is named as a supplier in 74 public contract award notices from 42 public sector buyers since 2016. Contracts awarded to it alone have a combined published value of £131.5m. Its most frequent buyer is Rugby Borough Council (5 contracts). 17 of the awards are shared with other suppliers, typically framework agreements. It is recorded as the recipient of 2 central government grants worth £5,000, from Department for Education.

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly machinery, electrical equipment, vehicles. HMRC lists it as an exporter of goods, mainly machinery, electrical equipment, vehicles. In its latest payment practices report it took an average of 41 days to pay suppliers, and 5% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 15.3% lower than for men. It has a modern slavery statement on the government registry.

Who runs and controls the company?

One person with significant control is registered. 1 of 3 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Oct 2027. The next confirmation statement is due by 23 Feb 2027.

Filed accounts2024/25–2025/26
2024/25 †2025/26 †
Turnover—184,174,165
Profit for the year—1,335,672
Cash at bank and in hand3,656,9323,589,120
Total assets85,823,20878,872,994
Total liabilities——
Net assets / total equity24,867,77328,374,521
Average number of employees326301

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

74 contracts

FAROL LIMITED is named as a supplier in 74 public contract award notices from 42 public sector buyers since 2016. The 56 contracts awarded to it alone with a published value add up to £131.5m. 17 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers42
Rugby Borough Council
5 contracts · £381.2k
Watford Borough Council
5 contracts · £174.6k
Sandwell Metropolitan Borough Council
4 contracts · £107.2k
London Borough of Ealing
4 contracts
Brighton & Hove City Council
3 contracts · £390.6k
Contracts
  1. Contract for Purchase and servicing of Machinery for Pitcheroak Golf Course‡Redditch Borough Council · £188,916 · runs until Sep 2031
  2. NEPO214 - Grounds Maintenance, Equipment & PlantThe Association of North East Councils Limited · shared by 63 suppliers, up to £800,000,000 in total · 4 lots · runs until Aug 2030
  3. GB-Walsall: TPPL Walsall Council NEPO GM & P Lot 1 - 1 x John Deere Gator (New) (32811)‡Walsall Council · £31,294
  4. GB-Brighton: TPPL Brighton & Hove City Council NEPO GM & P Lot 1 - 8 x Mowers (New) (31460)‡Brighton & Hove City Council · £261,800
  5. GB-Derby: TPPL South Derbyshire District Council NEPO GM & P Lot 1 - 7 x Ride-on Mower (New) (New) (30225)‡South Derbyshire District Council · £233,275
Show 69 more
  1. GB-London: TPPL London Borough of Southwark NEPO GM & P Lot 1 - 5 x Ride on Mowers (New) (26193)‡London Borough of Southwark · £151,100
  2. GB-London: TPPL London Borough of Southwark NEPO GM & P Lot 1 - 5 x Club Cars (New) (26194)‡London Borough of Southwark · £106,550
  3. LB Hillingdon - Supply and Delivery of Grounds MaintenanceLondon Borough of Hillingdon · £1,423,981
  4. GB-Ilkeston: TPPL Erewash Borough Council NEPO GM & P Lot 1 - 8 x Various Equipment (New) (26650)‡Erewash Borough Council · £69,344
  5. John Deere 4066R tractorTHE UNIVERSITY OF BIRMINGHAM · £40,478
  6. COV - Vehicle Purchase - John Deere 6120M Tractor with Bomford Hawk 6P & Bomford Turbo Euro TopperCOVENTRY CITY COUNCIL · £146,550
  7. GB-London: TPPL LB of Croydon NEPO GM & P Lot 1 - 2 x Tractors & 2 x Attachments (New) (18200)‡London Borough of Croydon · £131,200
  8. GB-London: TPPL LB of Croydon NEPO GM & P Lot 1 - 14 x Mowers (New) (18201)‡London Borough of Croydon · £270,710
  9. The Supply and Fit of Tyres‡Oxford Direct Services Limited · £450,000
  10. 2x Electric Transport vehicles for goods and people APCA2304/APCA2338‡Animal and Plant Health Agency · £30,400
  11. GB-Hyde Park: TPPL The Royal Parks NEPO GM & P Lot 2 - 7 x Various Items (New) (18869)‡The Royal Parks · £31,390
  12. GB-Rugby: TPPL Rugby Borough Council NEPO GM & P Lot 2 - 6 x Various Plant Equipment (New) (19951)‡Rugby Borough Council · £46,835
  13. GB-Walsall: TPPL Walsall Council NEPO GM & P Lot 1 - 4 x John Deere Tractors (New) (19528)‡Walsall Council · £369,660
  14. GB-Sandwell: TPPL Sandwell Metropolitan Borough Council NEPO GM & P Lot 1 - 10 x Mowers (New) (19237)‡Sandwell Metropolitan Borough Council · shared by 2 suppliers, up to £13,918 in total
  15. GB-Sandwell: TPPL Sandwell Metropolitan Borough Council NEPO GM & P Lot 1 - 8 x Zero Turn 48" Mowers (New) (19245)‡Sandwell Metropolitan Borough Council · £97,495
  16. Electric Loader and Flailbot PurchasesBoard of Trustees of the Royal Botanic Gardens Kew · £59,000
  17. RUG - John Deere 1580 Power Unit with 62" RD Deck x2 (FL180, 181)Nuneaton & Bedworth Borough Council · £64,366 · runs until Mar 2031
  18. RUGCON - John Deere 1580 Power Unit with 62" RD Deck x2 (FL180, 181)RUGBY BOROUGH COUNCIL · £64,366 · runs until Mar 2031
  19. RUGCON - John Deere Tractor and Utility VehicleRUGBY BOROUGH COUNCIL · £66,654 · runs until Mar 2031
  20. GB-Rugby: TPPL Rugby Borough Council NEPO GM & P Lot 1 - 1 x Utility Vehicle (New) (18279)‡Rugby Borough Council · £26,209
  21. GB-Rugby: TPPL Rugby Borough Council NEPO GM & P Lot 1 - 7 x Tractors, Ride on Mower & Attachments (New) (18278)‡Rugby Borough Council · £177,128
  22. CA12090 - Small Agricultural Vehicles Equipment Operating Lease‡SMB Group · £197,102
  23. Small Agricultural Vehicles Equipment Operating Lease‡SMB Group · £197,102
  24. Purchase of Bomford Hawk 6.0PCoventry City Council · £37,250
  25. GB-Reading: TPPL Reading Borough Council NEPO GM & P Lot 1 - 7 x Mowers (New) (13740)‡Reading Borough Council · £208,135
  26. Supply of Cemetery Equipment - EPR - 2223- 207‡London Borough of Brent · £65,000
  27. GB-Surrey: TPPL Runnymede Borough Council NEPO GM & P Lot 1 - 7 x Ride on Rotary Mower (New) (13997)‡Runnymede Borough Council · £138,362
  28. 274_22 Grounds Maintenance MachineryESPO · shared by 15 suppliers, up to £43,500,000 in total · 10 lots
  29. Grounds Maintenance, Plant and Handheld EquipmentTHE ASSOCIATION OF NORTH EAST COUNCILS LIMITED · shared by 61 suppliers, up to £125,000,000 in total
  30. Award of WLC Purchase of Mowers for NETsWest Lothian Council · £125,000,000 · 4 lots
  31. BHCC 2x John Deere 1580 Front MowerBrighton & Hove City Council · £64,400
  32. GB-Brighton: TPPL Brighton & Hove City Council NEPO GM & P Lot 1 - 1 x 1580 John Deere and out front cutting deck (New) (12096)‡Brighton & Hove City Council · £64,400
  33. GB-Watford: TPPL Watford Borough Council NEPO GM & P Lot 2 - 1 x Excavator (New) (9588)‡Watford Borough Council · £28,150
  34. GB-Watford: TPPL Watford Borough Council NEPO GM & P Lot 1 - 4 x Fine Turf Mowers (New) (7522)‡Watford Borough Council · £24,220
  35. GB-Cheltenham (Ubico): TPPL Ubico Limited NEPO GM & P Lot 1 - 11 x Pedestrian Mowers (New) (10325)‡UBICO Limited · shared by 2 suppliers, up to £28,080 in total
  36. GB-Watford: TPPL Watford Borough Council NEPO GM & P Lot 1 - 1 x Electric Utility Vehicle (New) (7561)‡Watford Borough Council · £20,905
  37. GB-Watford: TPPL Watford Borough Council NEPO GM & P Lot 2 - 1 x Telehandler (New) (7523)‡Watford Borough Council · £86,900
  38. GB-Southampton: TPPL Southampton City Council NEPO GM & P Lot 1 - 22 x Grounds Maintenance Equipment (New) (8341)‡Southampton City Council · shared by 3 suppliers, up to £65,300 in total
  39. GB-Cheltenham (Ubico): TPPL Ubico Limited NEPO GM & P Lot 1 - 3 x Scag Mowers (New) (7477)‡UBICO Limited · £20,786
  40. GB-Cheltenham (Ubico): TPPL Ubico NEPO GMP Lot 1 1 x Ride on Mower (6438)‡UBICO Limited · £18,928
  41. RBGKEW/826 - Out-Front Ride-on Rotary MowerROYAL BOTANIC GARDENS, KEW · £41,000
  42. Agriculture MachineryUNIVERSITY OF NOTTINGHAM (THE) · £95,950
  43. GB-Banbury: TPPL Banbury Town Council NEPO GM & P Lot 2 - 3 x Excavator and Trailer Equipment (3987)‡Banbury Town Council · £22,488
  44. GB-Banbury: TPPL Banbury Town Council NEPO GM & P Lot 3 - 19 x Handheld Equipment (3986)‡Banbury Town Council · £6,610
  45. Milton Keynes Council - Landscape Vehicle and Equipment Purchase - Tractors and Grave diggers‡Milton Keynes Council · £178,640
  46. Agriculture MachineryUNIVERSITY OF NOTTINGHAM (THE) · £55,000
  47. Milton Keynes Council - Landscape Vehicle and Equipment Purchase‡Milton Keynes Council · £47,315
  48. GB-Newham: TPPL London Borough of Newham NEPO GM & P Lot 1 - Up to 8 x Tractors (Including Mounted)‡London Borough of Newham · shared by 2 suppliers, up to £7,894 in total
  49. GB-Newham: TPPL London Borough of Newham NEPO GM & P Lot 1 - Up to 10 x Rotary Mowers‡London Borough of Newham · shared by 2 suppliers, up to £33,500 in total
  50. GB-London Borough of Newham: TPPL London Borough of Newham NEPO GM & P Lot 1 - Up to 3 x Tractor Mounted Equipment or Equivalent (3188)‡London Borough of Newham · £23,969
  51. GB-Hexham: TPPL Forestry England NEPO GM & P Lot 1 - 3 x Power Carriers 2 x Trailers (2768)‡Forestry Commission England · £16,380
  52. GB-Watford: TPPL Watford Borough Council NEPO GM & P Lot 1 - 1 x Electric Utility Vehicle‡Watford Borough Council · £14,415
  53. GB-Ealing: TPPL London Borough of Ealing NEPO GM & P Lot 1 - 14 x tractor type equipment‡London Borough of Ealing · shared by 2 suppliers, up to £169,508 in total
  54. GB-London Borough of Ealing: TPPL London Borough of Ealing NEPO GM & P Lot 1 - 15 x misc equipment‡London Borough of Ealing · shared by 3 suppliers, up to £8,420 in total
  55. GB-London Borough of Ealing: TPPL London Borough of Ealing NEPO GM & P Lot 1 - 14 x tractor type equipment‡London Borough of Ealing · shared by 2 suppliers, up to £169,508 in total
  56. GB-Ealing: TPPL London Borough of Ealing NEPO GM & P Lot 1 - 15 x misc equipment‡London Borough of Ealing · shared by 2 suppliers, up to £169,508 in total
  57. GB-Lyndhurst: TPPL Forestry Commission England NEPO GM & P Lot 1 - 10 x Grounds Trailers‡Forestry Commission England · £13,600
  58. GB-Brandon: TPPL Forestry Commission England NEPO GM & P Lot 2 - 8 x Plant Trailers‡Forestry Commission England · £33,200
  59. GB-Bristol: TPPL Bristol City Council NEPO GM&P Lot 1 Various Grounds Maintenance Equipment‡Bristol City Council · shared by 3 suppliers, up to £43,200 in total
  60. GB-Wigston: TPPL Oadby & Wigston Council NEPO GM & P Lot 1 - 1 x Husqvarna R419TsX AWD‡Oadby & Wigston Borough Council · £7,912
  61. GB-Rickmansworth: TPPL Three Rivers District Council NEPO GM & P Lot 1 - 1 x Self Propelled Petrol Blower‡Three Rivers District Council · £2,049
  62. GB-London: TPPL Transport for London NEPO GM&P Lot 1 2 x Multi Utility Vehicles‡Transport for London · £186,729
  63. 274_18 Grounds Maintenance Machinery‡Espo · shared by 21 suppliers, up to £8,500,000 in total
  64. NEPO and TPPL Purchase of Grounds Maintenance Equipment and Plant Framework‡The Association of North East Councils Limited trading as the North East Procurement Orga… · shared by 9 suppliers, up to £100,000,000 in total
  65. NEPO and TPPL Purchase of Grounds Maintenance Equipment and Plant Framework‡BIP SOLUTIONS LIMITED · shared by 36 suppliers
  66. Opportuntiy to supply Imants - AWARD‡Sandwell Metropolitan Borough Council · £9,732
  67. JOHN DEERE 8800A TerrainCut Rough Mower (MY17) including maintenance‡City of London Corporation · £36,100
  68. PAN1680 - Parks Machinery‡Leicester City Council · shared by 3 suppliers, up to £143,856 in total
  69. Front Dumper - AWARD‡Sandwell Metropolitan Borough Council

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Government grants

2 grants

FAROL LIMITED is recorded as the recipient of 2 central government grants since 2020, together worth £5,000.

Grants
  1. Apprenticeships Participation 16 - 18Department for Education · £4,000
  2. Apprenticeships Participation 18+Department for Education · £1,000

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Feb 2026 – 31 Jul 2026
Average time taken to pay invoices
41 days
Invoices not paid within agreed terms
5%
Standard payment terms
1–180 days
Member of a payment code
No
  • Within 30 days 36%
  • 31 to 60 days 49%
  • After 60 days 15%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Jan 2026
45
25%
4%
31 Jul 2025
45
26%
5%
31 Jan 2025
46
26%
5%
31 Jul 2024
45
24%
6%
31 Jan 2024
44
25%
5%
31 Jul 2023
44
26%
4%
31 Jan 2023
43
25%
6%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 15.3% lower
Mean hourly pay
women 17.1% lower
Median bonus pay
women 55.6% lower
Employer size
250 to 499 employees
Lower pay quarter27% womenLower middle19% womenUpper middle8% womenUpper pay quarter11% women
Earlier years (4)
Year
Median hourly pay
Mean hourly pay
2024/25
women 17% lower
women 16.8% lower
2023/24
women 18% lower
women 17.3% lower
2022/23
women 3.1% lower
women 7.6% lower
2021/22
women 4.2% lower
women 5.2% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements1
2020
Statement · summary on GOV.UK · group statement (FAROL HOLDINGS LIMITED)

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, vehicles, iron and steel articles and optical, medical and measuring instruments.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, vehicles, optical, medical and measuring instruments and plastics.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

8 events
  1. Financial year 2025/26 endedAccounts: turnover £184.2m, net assets £28.4m, 301 employees
  2. Financial year 2024/25 endedAccounts: net assets £24.9m, 326 employees
  3. Farol Holdings Limited registered as a person with significant control
  4. Mr Matthew Edward Vellacott registered as a person with significant control
  5. Mr Matthew Edward Vellacott ceased to be a person with significant control
  6. Mr Benjamin Thomas Vellacott registered as a person with significant control
  7. Mr Benjamin Thomas Vellacott ceased to be a person with significant control
  8. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.