blankney estates limited

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blankney estates limited Company Information

Share BLANKNEY ESTATES LIMITED
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Company Number

00362871

Registered Address

the estate office temple grange, navenby, lincoln, LN5 0AX

Industry

Growing of cereals (except rice), leguminous crops and oil seeds

 

Telephone

01522810264

Next Accounts Due

January 2025

Group Structure

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Directors

John Parker33 Years

Richard Parker33 Years

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Shareholders

trustee of the richard parker 2021 discretionary settlement 32.4%

trustee of the michael parker 2021 discretionary settlement 22.1%

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blankney estates limited Estimated Valuation

£8.2m

Pomanda estimates the enterprise value of BLANKNEY ESTATES LIMITED at £8.2m based on a Turnover of £19.1m and 0.43x industry multiple (adjusted for size and gross margin).

blankney estates limited Estimated Valuation

£16.8m

Pomanda estimates the enterprise value of BLANKNEY ESTATES LIMITED at £16.8m based on an EBITDA of £5.8m and a 2.9x industry multiple (adjusted for size and gross margin).

blankney estates limited Estimated Valuation

£6.8m

Pomanda estimates the enterprise value of BLANKNEY ESTATES LIMITED at £6.8m based on Net Assets of £8m and 0.85x industry multiple (adjusted for liquidity).

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Blankney Estates Limited Overview

Blankney Estates Limited is a live company located in lincoln, LN5 0AX with a Companies House number of 00362871. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in August 1940, it's largest shareholder is trustee of the richard parker 2021 discretionary settlement with a 32.4% stake. Blankney Estates Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.1m with healthy growth in recent years.

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Blankney Estates Limited Health Check

Pomanda's financial health check has awarded Blankney Estates Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £19.1m, make it larger than the average company (£6.1m)

£19.1m - Blankney Estates Limited

£6.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.7%)

8% - Blankney Estates Limited

6.7% - Industry AVG

production

Production

with a gross margin of 32.5%, this company has a comparable cost of product (29.9%)

32.5% - Blankney Estates Limited

29.9% - Industry AVG

profitability

Profitability

an operating margin of 22.1% make it more profitable than the average company (11.7%)

22.1% - Blankney Estates Limited

11.7% - Industry AVG

employees

Employees

with 137 employees, this is above the industry average (39)

137 - Blankney Estates Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.8k, the company has an equivalent pay structure (£36.2k)

£39.8k - Blankney Estates Limited

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £139.1k, this is equally as efficient (£162.8k)

£139.1k - Blankney Estates Limited

£162.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 46 days, this is later than average (33 days)

46 days - Blankney Estates Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (46 days)

55 days - Blankney Estates Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 410 days, this is more than average (88 days)

410 days - Blankney Estates Limited

88 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (17 weeks)

3 weeks - Blankney Estates Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.1%, this is a higher level of debt than the average (44.1%)

80.1% - Blankney Estates Limited

44.1% - Industry AVG

blankney estates limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Blankney Estates Limited Competitor Analysis

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blankney estates limited Ownership

BLANKNEY ESTATES LIMITED group structure

Blankney Estates Limited has 5 subsidiary companies.

BLANKNEY ESTATES LIMITED Shareholders

trustee of the richard parker 2021 discretionary settlement 32.38%
trustee of the michael parker 2021 discretionary settlement 22.08%
hilary susan ripley 16.92%
stephen lott 8.46%
adrian lott 8.46%
trustee of j p m parker 1996 settlement 7.14%
trustee of eric parker 1965 settlement 1.4%
trustee of j p m parker 1999 discretionary settlement 1.31%
trustee of r caudwell 1985 parker settlement 0.98%
trustee of e parker 1982 parker settlement 0.46%

blankney estates limited directors

Blankney Estates Limited currently has 8 directors. The longest serving directors include Mr John Parker (Jan 1991) and Mr Richard Parker (Jan 1991).

officercountryagestartendrole
Mr John ParkerEngland77 years Jan 1991- Director
Mr Richard Parker82 years Jan 1991- Director
Mr Joseph WoottonEngland65 years Oct 2006- Director
Mr Timothy BanksEngland63 years Jan 2007- Director
Ms Ruth ParkerEngland80 years May 2012- Director
Mr Graham PageUnited Kingdom75 years May 2012- Director
Mrs Julia Vincent49 years May 2012- Director
Mr Tim HarperEngland59 years Jun 2017- Director

BLANKNEY ESTATES LIMITED financials

EXPORTms excel logo

Blankney Estates Limited's latest turnover from April 2023 is £19.1 million and the company has net assets of £8 million. According to their latest financial statements, Blankney Estates Limited has 137 employees and maintains cash reserves of £1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover19,050,75016,836,37915,141,87615,307,02514,949,47614,102,25813,185,54013,546,24713,944,74813,747,78411,207,13611,382,2049,986,7069,456,886
Other Income Or Grants00000000000000
Cost Of Sales12,860,87814,577,76312,498,26712,290,07912,354,28212,183,42311,264,27311,325,57811,415,2208,083,6807,270,5426,926,4356,340,0926,003,734
Gross Profit6,189,8722,258,6162,643,6093,016,9462,595,1941,918,8351,921,2672,220,6692,529,5285,664,1043,936,5944,455,7693,646,6143,453,152
Admin Expenses1,976,8562,047,0701,723,5932,117,1041,719,2911,741,752950,8231,609,150711,0813,973,4763,523,7183,488,9762,771,9303,217,897
Operating Profit4,213,016211,546920,016899,842875,903177,083970,444611,5191,818,4471,690,628412,876966,793874,684235,255
Interest Payable1,198,872616,941564,040595,655219,040264,708252,543264,487260,754221,570214,022211,110208,929154,473
Interest Receivable3030002110143490002288781,193
Pre-Tax Profit3,003,782-405,365356,0061,139,8651,416,853-87,585717,945347,4101,557,8612,178,929753,2001,273,742666,66382,005
Tax-379,625287,472-76,902-227,855-32,15040,361-65,641173,169-213,204-456,447-218,504-430,297-276,384-125,945
Profit After Tax2,624,157-117,893279,104912,0101,384,703-47,224652,304520,5791,344,6571,722,482534,696843,445390,279-43,940
Dividends Paid99,29499,294299,294641,7400164,294139,294340,000339,294106,939210,00069,93657,25857,963
Retained Profit2,524,863-217,187-20,190270,2701,384,703-211,518513,010180,5791,005,3631,615,543324,696773,509333,021-101,903
Employee Costs5,450,7824,997,5284,761,7114,866,8584,342,7834,311,9604,087,6264,050,3763,800,5103,433,1143,363,9953,233,3273,171,4182,963,575
Number Of Employees1371271241281251241191091089493105101104
EBITDA*5,787,8461,921,9542,279,3251,989,7402,237,9782,261,9243,104,4292,715,0453,491,6592,809,0001,613,8892,480,1592,134,7461,416,583

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets18,485,60720,321,98921,041,22221,251,04814,973,96114,327,60315,263,16815,788,49816,517,84912,891,69210,412,0809,672,6809,757,3679,407,068
Intangible Assets00000000000000
Investments & Other1,13411,52611,52611,52611,52611,52611,52611,52611,52611,52611,52511,52511,52544,092
Debtors (Due After 1 year)00000000000000
Total Fixed Assets18,486,74120,333,51521,052,74821,262,57414,985,48714,339,12915,274,69415,800,02416,529,37512,903,21810,423,6059,684,2059,768,8929,451,160
Stock & work in progress14,481,4876,202,5794,430,6044,133,3843,767,8323,573,9394,237,8513,484,6883,927,1533,637,9403,265,6683,309,0563,234,8262,721,613
Trade Debtors2,414,8542,058,7301,989,2411,578,7611,843,2541,716,8311,241,0544,127,5993,676,5273,620,7412,610,8452,373,6483,033,5452,535,263
Group Debtors00000000000000
Misc Debtors3,804,5222,686,7792,200,4552,528,6302,113,3252,103,6181,987,056566,907525,0361,439,897253,088349,577586,396356,492
Cash1,042,1742,512,6572,082,8241,170,9331,132,5761,479,5491,348,4961,374,7421,377,8041,283,6761,842,4121,940,725738,433656,373
misc current assets00000000000000
total current assets21,743,03713,460,74510,703,1249,411,7088,856,9878,873,9378,814,4579,553,9369,506,5209,982,2547,972,0137,973,0067,593,2006,269,741
total assets40,229,77833,794,26031,755,87230,674,28223,842,47423,213,06624,089,15125,353,96026,035,89522,885,47218,395,61817,657,21117,362,09215,720,901
Bank overdraft8,578,7365,147,5162,438,385615,826000886,0581,688,2963,370,9372,146,2281,365,597578,204558,820
Bank loan1,923,8511,778,975895,0271,891,092428,334428,334428,333428,005354,0202,260,0000000
Trade Creditors 1,949,5881,445,8971,299,7281,345,080890,6481,298,0561,389,0351,097,0201,085,6371,852,907994,113831,4962,024,582611,938
Group/Directors Accounts00880,294889,047846,645798,337821,518963,750735,00000000
other short term finances000000000688,000523,000438,119418,000520,000
hp & lease commitments072,9370012,91718,4728,33396,65832,999146,095160,78862,20233,86033,850
other current liabilities2,453,1222,140,642981,230846,481945,962937,868830,486928,9161,058,0861,025,572991,2461,631,2331,618,4451,427,182
total current liabilities14,905,29710,585,9676,494,6645,587,5263,124,5063,481,0673,477,7054,400,4074,954,0389,343,5114,815,3754,328,6474,673,0913,151,790
loans15,923,19616,824,81318,546,23918,360,1905,819,3536,252,5036,680,5787,107,3127,507,5241,570,6543,833,6983,967,4684,106,7524,242,023
hp & lease commitments0000012,9175,55613,889016,898119,67957,632033,860
Accruals and Deferred Income535,083603,392671,701740,010808,318808,318944,9351,218,1691,218,169659,2880000
other liabilities00000000000000
provisions864,072302,821348,814271,91247,3330110,598257,414180,683125,00073,00075,000128,000172,000
total long term liabilities17,322,35117,731,02619,566,75419,372,1126,675,0047,073,7387,741,6678,596,7848,906,3762,371,8404,026,3774,100,1004,234,7524,447,883
total liabilities32,227,64828,316,99326,061,41824,959,6389,799,51010,554,80511,219,37212,997,19113,860,41411,715,3518,841,7528,428,7478,907,8437,599,673
net assets8,002,1305,477,2675,694,4545,714,64414,042,96412,658,26112,869,77912,356,76912,175,48111,170,1219,553,8669,228,4648,454,2498,121,228
total shareholders funds8,002,1305,477,2675,694,4545,714,64414,042,96412,658,26112,869,77912,356,76912,175,48111,170,1219,553,8669,228,4648,454,2498,121,228
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit4,213,016211,546920,016899,842875,903177,083970,444611,5191,818,4471,690,628412,876966,793874,684235,255
Depreciation1,574,8301,710,4081,359,3091,089,8981,362,0752,084,8412,133,9852,103,5261,673,2121,118,3721,201,0131,513,3661,260,0621,181,328
Amortisation00000000000000
Tax-379,625287,472-76,902-227,855-32,15040,361-65,641173,169-213,204-456,447-218,504-430,297-276,384-125,945
Stock8,278,9081,771,975297,220365,552193,893-663,912753,163-442,465289,213372,272-43,38874,230513,2132,721,613
Debtors1,473,867555,81382,305150,812136,130592,339-1,466,396492,943-859,0752,196,705140,708-896,716728,1862,891,755
Creditors503,691146,169-45,352454,432-407,408-90,979292,01511,383-767,270858,794162,617-1,193,0861,412,644611,938
Accruals and Deferred Income244,1711,091,10366,440-167,7898,094-29,235-371,664-129,170591,395693,614-639,98712,788191,2631,427,182
Deferred Taxes & Provisions561,251-45,99376,902224,57947,333-110,598-146,81676,73155,68352,000-2,000-53,000-44,000172,000
Cash flow from operations-3,035,4411,072,9171,920,8881,756,7431,523,8242,143,0463,525,5562,796,6803,728,1251,387,984818,6951,639,0502,176,870-2,111,610
Investing Activities
capital expenditure0000-744,762-906,156-706,930-677,062-4,089,468-2,174,506-930,688-691,794-1,420,244-611,447
Change in Investments-10,39200000000100-32,56744,092
cash flow from investments10,392000-744,762-906,156-706,930-677,062-4,089,468-2,174,507-930,688-691,794-1,387,677-655,539
Financing Activities
Bank loans144,876883,948-996,0651,462,7580132873,985-1,905,9802,260,0000000
Group/Directors Accounts0-880,294-8,75342,40248,308-23,181-142,232228,750735,00000000
Other Short Term Loans 00000000-688,000165,00084,88120,119-102,000520,000
Long term loans-901,617-1,721,426186,04912,540,837-433,150-428,075-426,734-400,2125,936,870-2,263,044-133,770-139,284-135,2714,242,023
Hire Purchase and Lease Commitments-72,93772,9370-12,917-18,47217,500-96,65877,548-129,994-117,474160,63385,974-33,85067,710
other long term liabilities00000000000000
share issue000-8,598,590000709-371270670608,223,131
interest-1,198,842-616,911-564,040-595,655-219,019-264,698-252,529-264,138-260,754-221,570-214,022-210,882-208,051-153,280
cash flow from financing-2,028,520-2,261,746-1,382,8094,838,835-622,333-698,453-917,825-283,3583,687,139-176,376-101,572-243,367-479,17212,899,584
cash and cash equivalents
cash-1,470,483429,833911,89138,357-346,973131,053-26,246-3,06294,128-558,736-98,3131,202,29282,060656,373
overdraft3,431,2202,709,1311,822,559615,82600-886,058-802,238-1,682,6411,224,709780,631787,39319,384558,820
change in cash-4,901,703-2,279,298-910,668-577,469-346,973131,053859,812799,1761,776,769-1,783,445-878,944414,89962,67697,553

P&L

April 2023

turnover

19.1m

+13%

operating profit

4.2m

+1892%

gross margin

32.5%

+142.2%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

8m

+0.46%

total assets

40.2m

+0.19%

cash

1m

-0.59%

net assets

Total assets minus all liabilities

blankney estates limited company details

company number

00362871

Type

Private limited with Share Capital

industry

01110 - Growing of cereals (except rice), leguminous crops and oil seeds

incorporation date

August 1940

age

84

accounts

Group

ultimate parent company

None

previous names

scopwick estates limited (May 1989)

incorporated

UK

address

the estate office temple grange, navenby, lincoln, LN5 0AX

last accounts submitted

April 2023

blankney estates limited 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 found 10 charges/mortgages relating to blankney estates limited. Currently there are 10 open charges and 0 have been satisfied in the past.

charges

blankney estates limited Companies House Filings - See Documents

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