SOMETHING DIFFERENT MINIATURE FARM C.I.C.
Executive Summary
SOMETHING DIFFERENT MINIATURE FARM C.I.C. is a small-scale, niche mixed farming enterprise operating as a community interest company, positioning itself within the specialized segment of UK agriculture. While sector trends offer both challenges such as rising input costs and opportunities including sustainability-driven demand, the company’s recent financials indicate liquidity constraints uncommon for stable small farms. Strategic focus on community engagement and operational resilience will be critical for improving its competitive standing in a dynamic agricultural landscape.
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This analysis is opinion only and should not be interpreted as financial advice.
SOMETHING DIFFERENT MINIATURE FARM C.I.C. - Analysis Report
Industry Classification
SOMETHING DIFFERENT MINIATURE FARM C.I.C. operates under SIC code 1500, classified as Mixed Farming. This sector encompasses agricultural activities involving the combination of crop cultivation and livestock rearing. Key characteristics include reliance on land and natural resources, exposure to seasonal and climatic variability, typically modest capital intensity, and a strong focus on operational efficiency and sustainable practices. The company’s classification as a Community Interest Company (CIC) suggests a social enterprise approach with emphasis on community benefit alongside commercial farming activities.Relative Performance
As a private limited CIC engaged in mixed farming and incorporated in 2021, SOMETHING DIFFERENT MINIATURE FARM is a micro or small-scale operator based on its financials and workforce (2 employees). The latest filed accounts to 31 March 2023 show modest fixed assets (£6,248) and a sharp deterioration in net current assets from a positive £5,278 in 2022 to a negative £6,056 in 2023, resulting in net assets declining from £5,278 to £192. This indicates liquidity pressures and possibly increased short-term obligations or reduced receivables. Compared to industry benchmarks, where small mixed farms often maintain positive working capital to fund crop cycles and livestock upkeep, the company’s current liabilities exceed current assets, signaling a financial strain not typical for well-managed small farms. However, given the company’s young age and sector volatility, such fluctuations can occur during growth or restructuring phases.Sector Trends Impact
The UK mixed farming sector currently faces several challenges and opportunities impacting companies like SOMETHING DIFFERENT MINIATURE FARM:
- Sustainability and Environmental Regulations: Increasing regulatory pressure to adopt environmentally sustainable farming practices can raise operational costs but also open avenues for government grants and community-supported agriculture models, aligning well with the CIC structure.
- Supply Chain Disruptions and Input Costs: Post-Brexit trade adjustments, inflationary pressures, and global supply chain disruptions have increased costs for feed, seeds, and equipment, pressuring margins for small farms.
- Consumer Demand Shifts: There is growing consumer interest in local, ethically produced food and farm experiences, which could benefit a CIC with a unique farm offering such as miniature livestock or niche produce.
- Labour Shortages: The sector is grappling with labour availability issues, but the company’s small workforce might mitigate this risk.
- Technological Adoption: Precision farming and digital tools are increasingly adopted in the sector; smaller farms may face barriers due to capital constraints.
- Competitive Positioning
SOMETHING DIFFERENT MINIATURE FARM C.I.C. appears to be a niche player within the mixed farming sector, possibly focusing on miniature or specialty livestock alongside crop production. The CIC status implies a mission-driven approach, differentiating it from traditional commercial farms. Strengths include a potentially strong community engagement model and flexibility in operational scale. However, financial data reveal vulnerabilities: a significant decline in liquidity and net assets could hinder competitiveness, especially against more established small and medium mixed farms that maintain healthier working capital and investment capacity. The company’s low share capital (£2) and limited asset base suggest constrained financial resources for expansion or risk absorption. The presence of multiple directors and recent appointments may indicate efforts to strengthen governance or strategic direction. Compared to typical small mixed farms, SOMETHING DIFFERENT MINIATURE FARM faces standard sector risks amplified by its early-stage status and financial pressures but may leverage its CIC framework to access unique funding or community partnerships.
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