abel farms ltd
abel farms ltd Company Information
Company Number
08319033
Website
https://abelfarm.comRegistered Address
thorpe farm littlethorpe, ripon, north yorkshire, HG4 3LU
Industry
Raising of other cattle and buffaloes
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
timothy alan abel 55%
ruth ann abel 45%
abel farms ltd Estimated Valuation
Pomanda estimates the enterprise value of ABEL FARMS LTD at £367.5k based on a Turnover of £1.8m and 0.2x industry multiple (adjusted for size and gross margin).
abel farms ltd Estimated Valuation
Pomanda estimates the enterprise value of ABEL FARMS LTD at £435.3k based on an EBITDA of £249.8k and a 1.74x industry multiple (adjusted for size and gross margin).
abel farms ltd Estimated Valuation
Pomanda estimates the enterprise value of ABEL FARMS LTD at £500.9k based on Net Assets of £592.1k and 0.85x industry multiple (adjusted for liquidity).
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Abel Farms Ltd Overview
Abel Farms Ltd is a live company located in north yorkshire, HG4 3LU with a Companies House number of 08319033. It operates in the raising of other cattle and buffaloes sector, SIC Code 01420. Founded in December 2012, it's largest shareholder is timothy alan abel with a 55% stake. Abel Farms Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.
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Abel Farms Ltd Health Check
Pomanda's financial health check has awarded Abel Farms Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £1.8m, make it larger than the average company (£177.8k)
- Abel Farms Ltd
£177.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.9%)
- Abel Farms Ltd
7.9% - Industry AVG
Production
with a gross margin of 41.7%, this company has a comparable cost of product (48.1%)
- Abel Farms Ltd
48.1% - Industry AVG
Profitability
an operating margin of 13.3% make it more profitable than the average company (-26.2%)
- Abel Farms Ltd
-26.2% - Industry AVG
Employees
with 12 employees, this is above the industry average (4)
- Abel Farms Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Abel Farms Ltd
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £150.6k, this is more efficient (£93.2k)
- Abel Farms Ltd
£93.2k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (18 days)
- Abel Farms Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 442 days, this is slower than average (35 days)
- Abel Farms Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 592 days, this is more than average (470 days)
- Abel Farms Ltd
470 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abel Farms Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.6%, this is a higher level of debt than the average (26.8%)
68.6% - Abel Farms Ltd
26.8% - Industry AVG
abel farms ltd Credit Report and Business Information
Abel Farms Ltd Competitor Analysis
Perform a competitor analysis for abel farms ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
abel farms ltd Ownership
ABEL FARMS LTD group structure
Abel Farms Ltd has no subsidiary companies.
Ultimate parent company
ABEL FARMS LTD
08319033
abel farms ltd directors
Abel Farms Ltd currently has 2 directors. The longest serving directors include Mr Timothy Abel (Dec 2012) and Ms Ruth Abel (Dec 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Abel | United Kingdom | 58 years | Dec 2012 | - | Director |
| Ms Ruth Abel | United Kingdom | 59 years | Dec 2012 | - | Director |
ABEL FARMS LTD financials
Abel Farms Ltd's latest turnover from March 2023 is estimated at £1.8 million and the company has net assets of £592.1 thousand. According to their latest financial statements, we estimate that Abel Farms Ltd has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 101,555 | 111,581 | 118,307 | 123,001 | 117,578 | 126,581 | 63,718 | 68,045 | 73,708 | 9,102 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 101,555 | 111,581 | 118,307 | 123,001 | 117,578 | 126,581 | 63,718 | 68,045 | 73,708 | 9,102 |
| Stock & work in progress | 1,712,123 | 1,402,695 | 1,409,276 | 1,136,488 | 1,236,429 | 1,225,517 | 1,168,090 | 1,149,329 | 1,157,929 | 1,021,180 |
| Trade Debtors | 70,410 | 79,849 | 77,013 | 111,181 | 133,798 | 65,417 | 89,469 | 85,680 | 55,208 | 17,254 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 7,333 | 10,643 | 3,538 | 10,965 | 9,051 | 0 | 0 |
| Cash | 0 | 241,005 | 112,786 | 167,715 | 108,763 | 37,220 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,782,533 | 1,723,549 | 1,599,075 | 1,422,717 | 1,489,633 | 1,331,692 | 1,268,524 | 1,244,060 | 1,213,137 | 1,038,434 |
| total assets | 1,884,088 | 1,835,130 | 1,717,382 | 1,545,718 | 1,607,211 | 1,458,273 | 1,332,242 | 1,312,105 | 1,286,845 | 1,047,536 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 439,428 | 346,612 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,276,858 | 1,424,841 | 1,236,878 | 705,351 | 693,039 | 605,314 | 383,785 | 344,542 | 1,179,123 | 980,344 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 439,483 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 406,917 | 405,896 | 309,827 | 349,463 | 25,520 | 0 | 0 |
| total current liabilities | 1,276,858 | 1,424,841 | 1,236,878 | 1,112,268 | 1,098,935 | 915,141 | 1,172,676 | 1,156,157 | 1,179,123 | 980,344 |
| loans | 0 | 0 | 0 | 250,000 | 300,000 | 300,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 15,155 | 16,577 | 13,725 | 9,142 | 11,284 | 12,378 | 1,255 | 1,828 | 2,447 | 1,280 |
| total long term liabilities | 15,155 | 16,577 | 213,725 | 259,142 | 311,284 | 312,378 | 1,255 | 1,828 | 2,447 | 1,280 |
| total liabilities | 1,292,013 | 1,441,418 | 1,450,603 | 1,371,410 | 1,410,219 | 1,227,519 | 1,173,931 | 1,157,985 | 1,181,570 | 981,624 |
| net assets | 592,075 | 393,712 | 266,779 | 174,308 | 196,992 | 230,754 | 158,311 | 154,120 | 105,275 | 65,912 |
| total shareholders funds | 592,075 | 393,712 | 266,779 | 174,308 | 196,992 | 230,754 | 158,311 | 154,120 | 105,275 | 65,912 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 10,026 | 10,026 | 9,151 | 8,890 | 9,423 | 7,797 | 6,227 | 5,847 | 5,801 | 1,713 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 309,428 | -6,581 | 272,788 | -99,941 | 10,912 | 57,427 | 18,761 | -8,600 | 136,749 | 1,021,180 |
| Debtors | -9,439 | 2,836 | -41,501 | -25,927 | 75,486 | -31,479 | 5,703 | 39,523 | 37,954 | 17,254 |
| Creditors | -147,983 | 187,963 | 531,527 | 12,312 | 87,725 | 221,529 | 39,243 | -834,581 | 198,779 | 980,344 |
| Accruals and Deferred Income | 0 | 0 | -406,917 | 1,021 | 96,069 | -39,636 | 323,943 | 25,520 | 0 | 0 |
| Deferred Taxes & Provisions | -1,422 | 2,852 | 4,583 | -2,142 | -1,094 | 11,123 | -573 | -619 | 1,167 | 1,280 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -439,483 | 439,483 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -250,000 | -50,000 | 0 | 300,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -200,000 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -241,005 | 128,219 | -54,929 | 58,952 | 71,543 | 37,220 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -439,428 | 92,816 | 346,612 | 0 | 0 |
| change in cash | -241,005 | 128,219 | -54,929 | 58,952 | 71,543 | 476,648 | -92,816 | -346,612 | 0 | 0 |
P&L
March 2023turnover
1.8m
-8%
operating profit
239.8k
0%
gross margin
41.7%
+220.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
592.1k
+0.5%
total assets
1.9m
+0.03%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
abel farms ltd company details
company number
08319033
Type
Private limited with Share Capital
industry
01420 - Raising of other cattle and buffaloes
incorporation date
December 2012
age
12
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
thorpe farm littlethorpe, ripon, north yorkshire, HG4 3LU
last accounts submitted
March 2023
abel farms ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to abel farms ltd.
abel farms ltd Companies House Filings - See Documents
| date | description | view/download |
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