Countrywide confirms that following a further review of profitability, it is in the process of winding down and transferring its Turf and Amenity business to an alternative provider, enabling the Turf and Amenity team to continue to serve customers under new ownership.
The Kadence range of equestrian products has been designed exclusively for Countrywide. It is affordable, of the highest quality and perfectly designed for horse and rider.
With rugs designed to ensure a great fit, weatherproof finish and easy to use clips and fastenings, jodhpurs and breeches are made with a durable fabrics that are breathable, stretchy, soft to feel and easy to wash as well as a whole range of grooming and stable accessories; Kadence has all your equestrian needs covered.
Sara Blackshaw, Equestrian Senior Category Manager, discusses the exclusive range.
Where did the name Kadence come from?
SB: The term cadence is Latin and translates to means ‘balanced rhythmic flow’. It is used by riding instructors to describe the desired movement of the horse. Cadence is acquired when the rider of the horse is able to obtain the desired poise and rhythm. Kadence has been specifically designed with the ease and comfort of the horse and rider in mind.
Why was the Kadence range developed?
SB: As a keen equestrian I find nothing more frustrating than trying to find products that suit my needs, at a price I can afford, which are also of good quality for everyday use. So, I have developed the range by taking the best elements of products for both horse and rider, made sure that quality and price are not compromised and built all this into the exclusive designs for Countrywide.
So what can customers find in the range?
SB: The full range includes stable equipment, training equipment, headcollars, rugs and whips. Quite a comprehensive offer! Many of the products come in the standard colours of navy and black but also we try to offer seasonal colours with a fashion element to them.
What should customers look out for?
SB: We do a ‘Black with Gold Trim’ every day range consisting of a durable 200gm quilted stable rug , 150gm Turnout Combo Rug , Quilted Thermo Dry Rug and both regular and Combo Fleece Rug. These come with matching head collars, travel boots and tail guard making a comprehensive sell price range for the competition rider.
New Seasonal Autumn ranges for both horse and rider are due in to stores in the next few weeks with a new range of colours for our Arctic Combo in a lovely fresh Teal. Our Versatile Medium Turnout Rug with separate neck cover in a classic Racing Green with Gold trim and matching Headcollar. Also from popular demand we have bought back our Mini Turnout Rug with all the features of our horse rugs but sized for the smaller pony.
Riders can look forward to Silicone Seated Breeches with easy to wear elastic cuff at the bottom. Also our extra stretch riding legging comes in to stores with a warm brushed inner to make sure we keep you warm and cosy for the colder weather.
The Kadence range is available online & instore now.
We're pleased to welcome Purina's new dog food Beyond to our dog food range, giving our customers even more choices when selecting a natural, healthier diet for their pets.
'Natural' – a growing trend in the pet food sector, as well as human foods, and something Purina are becoming more and more aware of. But what does it mean, how can it benefit your dog and what is Purina's Beyond dog food – a food that is still a bit of a hidden gem in the natural food sector? Well it is time to find out.
Many of the more natural dog foods available now are preferred by owners because they want to feel intuitively good about the ingredients going into the product and ensure that what they are feeding their dog is full of wholesome ingredients and avoiding adding artificial ingredients. Many owners are well aware of the link between diet and health, and the phrase 'you are what you eat' rings true in our pets as well as our humans. As both knowledge and concerns about pet foods grow, 'natural' is becoming more and more popular.
So what does 'natural' mean? The term refers to ingredients which have maintained their natural composition and to which nothing has been added…and Beyond is proud to be a leader in the natural pet food sector, bursting full of high quality and wholesome natural ingredients, crafted carefully by Purina experts into a delicious, 100% complete and balanced food.
The range contains three products. 'Simply 9' comes in two flavours: Lamb and Whole Barley and Chicken and Whole Barley…and Simply 9 means just that - there are, quite simply, 9 ingredients in the recipe – so it contains everything that your dog needs, and nothing that they don't. We also have our Superfood Blend, Salmon and Sweet Potato – and we all know the power of nutrient-dense superfoods so this one may well be something you are looking for.
Whilst the varieties differ, all of the products within the range have many things in common. Purina use high quality chicken, lamb or salmon as the number one ingredient to provide excellent taste and protein digestibility. This is combined with wholesome grains including barley and oat groats (whole oats) to provide slow release energy and a great source of fibre for gut health, and they avoid using wheat in the product too. The Superfood blend also adds sweet potato, known to be a source of antioxidants, combined with the benefits of salmon which brings the omega fatty acids and vitamins. Vegetables including carrot, pea and spinach are also added to the kibble.
Not only are the ingredients themselves important, but their sourcing, quality and safety are a key priority for Purina as well. They are a company that truly cares about their impact on the environment and communities, selecting ingredients of only the highest quality and minimising the carbon footprint wherever possible. They have a Responsible Sourcing Guideline for Fish and Seafood in place, and very high standard animal welfare policies as well as offering the reassurance of following over 50 pieces of legislation during the production of Beyond and use sophisticated auditing, inspections and tracking systems throughout production.
So, Beyond truly does go 'above and Beyond' both in the selection of its ingredients and the way it is combined – using the expertise that comes from a company containing over 500 vets, nutritionists and scientists – to create an incredible, premium quality product which promotes your dog's health and will make you feel confident that you are doing the very best you can for them.
The new Beyond range is now available in our stores across the UK and online, with home delivery or free click-and-collect from stores.
At the Annual General Meeting held on 26 May 2017, the first four ordinary resolutions proposed were passed on a show of hands.
The fifth resolution related to matters to be considered by the members, and did not require a vote to be made.
Resolution 6, concerning the authority to allot shares or grant rights to subscribe for, or convert any security into shares, and resolution 7, concerning the disapplication of pre-emption rights, were not passed.
Details of all resolutions are detailed in the Notice to the General Meeting in the Annual Report.
Results for Year Ending 30 November 2016 and Strategic Update
05 April 2017
Countrywide Farmers plc ("Countrywide" or "the Company"), one of the UK's leading suppliers of products, services and advice to the rural community, today publishes full year results and makes a further announcement as it continues to develop its business strategy.
The Company releases final results for the year ending 30 November 2016. The Company reports a loss after tax from continuing operations for the period of £(9.9)m (2015: £(8.2)m) following disappointing trading performance and continued investment through what has been a period of considerable change and transition, including the full rollout of the Microsoft Dynamics AX ERP system across the business.
Further to the confirmation of 14 retail store closures in February, which formed an important part of re-positioning the Retail business for profitable growth in the future, the Board continues to review the strategic direction and profitability of the Company as a whole. It is clear to the Board that the retail environment remains challenging and that to compete effectively for the long-term will require further rationalisation of the cost base along with potential further investment. With the operational challenges outlined above, three business units all requiring investment, together with a legacy pension scheme to fund, the Board has to prioritise the opportunities that will deliver the greatest returns.
Countrywide therefore announces today that it has appointed advisors PwC to explore a potential sale of the Retail business. The Retail business consists of 53 Country Stores supported by a field sales team and back office teams enabled by the newly implemented Multichannel/ERP system. It is not anticipated that the Rural Energy - LPG or Turf and Amenity businesses will be impacted by this decision.
Trading performance in the new financial year continues in line with expectations. Rural Energy has seen a strong start with volumes ahead of prior year, as it continues to pursue its growth strategy. Similarly, Turf and Amenity has also made an encouraging start to the year. Retail continues to see improvement in like-for-like performance and on-shelf availability after facing serious issues through the latter part of last year. Stabilisation of the new Microsoft Dynamics AX ERP system and associated working practices have seen encouraging progress over recent months. In addition, renewed focus on working capital management has delivered significantly lower levels of receivables and improved quality combined with lower levels of inventory.
Countrywide also announces that it has recently concluded positive discussions with its bank and has agreed funding facilities that support the requirements of the entire Company for the foreseeable future.
The Company's annual report is published on both the Corporate and Asset Match websites and will be posted to shareholders by 27 April 2017 followed by an AGM on Friday 26 May 2017.
The Directors of Countrywide Farmers plc accept full responsibility for this statement
Countrywide Farmers plc, one of the UK’s leading suppliers of products, services and advice to the rural community, announces store closures as it seeks to re-position the business for profitable growth moving forward.
Following on from the Trading Update in January, the Board is continuing to take decisive action to reduce costs and improve profitability. As part of these changes, Countrywide announces today that 14 of its 68 stores will close by the end of March, with a proportion of sales currently transacted through those stores expected to transfer to other locations. This change forms an important part in re-positioning the retail business for profitable growth in the future, recognising that online will play an increasingly vital role alongside physical stores in the multichannel retail world.
Trading performance in the early part of the year has been broadly in line with expectations. Rural Energy has seen a strong start with volumes ahead of prior year, as it continues to pursue its growth strategy. Retail like for like performance has stabilised with encouraging improvement in on-shelf availability.
The rollout of our new IT infrastructure was completed in January with all Cornwall Farmers stores successfully transitioned. Stabilisation of the system continues to improve alongside embedding new working practices.
Supportive conversations continue with key stakeholders around ongoing funding of the business through what continues to be a transitional period of change.
Commenting on store closures, John Hardman, Chief Executive Officer, said: "This has been a difficult decision which affects loyal and committed store teams but will enable re-positioning the Retail business for success moving forward."
The Company expects to release final results for the 52 week period to the 27 November 2016 by the end of March 2017 followed by an AGM in May 2017.
The Directors of Countrywide Farmers plc accept full responsibility for this statement
Countrywide Horse Feed Range Extended with Equine Straights
31 January 2017
We’re pleased to announce our range of Countrywide Horse Feed has been extended to include Equine Straights, giving customers more control over the diet of their horse.
Straights are single-ingredient grains like oats, barley and bran which can be fed in combination with forage and balancers to provide a horse with all the nutrients they need. In contrast to pre-mixed compound feeds, feeding straights allows owners to control the ingredients in their horse’s diet, making it a good option for horses with particular dietary requirements. It also allows owners to avoid certain ingredients if they would prefer, and add more energy when required.
Sara Blackshaw, our Equestrian Product Manager said: “We are delighted to be rolling out our own range of feeding straights at our stores and online, giving customers more options when selecting food for their horses. We identified the need for NOPS accredited straights, as competition riders particularly need to know what their horses are being fed.”
To complement the range we’ve also added a completely Natural Chaff made up of premium oat straw, dried grass with added mint in 15kg bags. This addition to the range is ideal for feeding with straights, balancers or compound feeds to slow chew time, which will reduce the risk of gastric ulcers and add essential fibre to a horse’s daily diet.
We would recommend that customers seek advice from a nutritionist and our own Equestrian Specialists on their horse’s dietary requirements. Equestrian Specialists are available in our stores to offer advice and will happily recommend feed, supplements and equipment to meet horses’ needs.
The new Countrywide Equine Straights range is now available in our stores across the UK and online, with home delivery or free click-and-collect from stores.
We’ve launched a new range of working dog food to provide active dogs with the balanced and nutritious diet they need. The new line of dry complete food is backed by the most-up-to-date research on canine nutrition.
The five varieties of Countrywide Working Dog food provide balanced proteins, carbohydrates and nutrients to ensure a long and happy working life for active dogs, including farm and gun dogs.
Countrywide Working Dog is manufactured in the UK and available in large 15kg bag sizes with formulations to suit different energy requirements. The Salmon, Chicken and Duck with Rice recipes have been developed for dogs in work, while the Muesli and Chicken & Veg products are designed for dogs during periods of lower activity.
The new range has a clear fixed list of ingredients and varieties based around meat, fish, rice and vegetables to suit all canine diets and food intolerances or sensitivities.
Pet Product Manager, Mel Malin said: “With a heritage of caring for animals dating back to 1902, Countrywide has a huge amount of experience in pet nutrition which we brought to the development of this new range. The level of science applied to canine food is equivalent to human food these days. You won’t see terms like ‘meat and animal derivatives’ in our range; instead, you’ll know exactly what you’re feeding your dog and the range is sensitive to allergies or intolerances.”
Our Pet Specialists are available in store to offer advice on animal health and nutrition and can help with any questions about feeding working dogs.
The new Countrywide Working Dog range is now available in our stores across the UK and online, with home delivery or free click-and-collect from stores.
Following a recent strategic review by the board, a decision has been taken to streamline the senior retail team. As a result, the role of Chief Commercial Officer is no longer required, and regrettably Andrew Webb is leaving the business.
The Board of Directors would like to thank Andrew for his considerable contribution at Countrywide over the past 18 months and wish him well for the future.
Directorate change and result of the General Meeting
28 April 2016
At the Annual General Meeting held on 27 April 2016, and subsequent to his initial announcement in November 2015, Mr Nigel Hall resigned from the position of Chairman and Non-Executive Director of the Board of the Company. Mr Hall had been a Non-Executive Director since 2005 and Chairman since November 2007. The Board of Directors would like to thank Mr Hall for his significant contribution to improving the business over the last 11 years and wish him well for the future.
Following the AGM, the Company is pleased to announce that Mr Gareth Thomas has been elected to take over the role of Chairman of the company. Mr Thomas brings a wealth of retail experience having spent most of his career with John Lewis culminating in a directorship on the main board which he held for ten years. Mr Thomas also holds a number of Non- Executive positions and is well positioned to lead the business to future growth.
At the General Meeting held on 27 April 2016, the shareholders approved a special resolution to amend the Company’s Articles of Association on a show of hands.
At the Annual General Meeting held on 27 April 2016, the first eight ordinary resolutions proposed were passed on a show of hands.
Resolution 9 concerning the authority to allot shares was approved. This resolution was passed on a poll vote where the holders of 2,576,715 shares voted in favour of the resolution representing 96.24% of the vote and holders of 69,562 shares voted against the resolution representing 2.60% of the vote. The holders of 31,041 shares, representing 1.16% of the vote, withheld their votes.
Resolution 10 concerning the disapplication of pre-emption rights was approved. The resolution was passed on a poll vote where the holders of 2,522,476 shares voted in favour of the resolution representing 94.22% of the vote and holders of 127,336 shares voted against the resolution representing 4.76% of the vote. The holders of 27,506 shares, representing 1.03% of the vote, withheld their votes.
Details of all resolutions are detailed in the Notice to the General meetings in the Annual Report.