george thompson(farms)limited
george thompson(farms)limited Company Information
Company Number
00451744
Next Accounts
Feb 2026
Shareholders
richard charles thompson
jane thompson
View AllGroup Structure
View All
Industry
Mixed farming
Registered Address
the grove farm,, holbeach hurn,, holbeach,, lincs, PE12 8JJ
Website
https://www.farmline.comgeorge thompson(farms)limited Estimated Valuation
Pomanda estimates the enterprise value of GEORGE THOMPSON(FARMS)LIMITED at £5.9m based on a Turnover of £8.4m and 0.7x industry multiple (adjusted for size and gross margin).
george thompson(farms)limited Estimated Valuation
Pomanda estimates the enterprise value of GEORGE THOMPSON(FARMS)LIMITED at £9.5m based on an EBITDA of £2.2m and a 4.43x industry multiple (adjusted for size and gross margin).
george thompson(farms)limited Estimated Valuation
Pomanda estimates the enterprise value of GEORGE THOMPSON(FARMS)LIMITED at £10.7m based on Net Assets of £7.6m and 1.41x industry multiple (adjusted for liquidity).
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George Thompson(farms)limited Overview
George Thompson(farms)limited is a live company located in holbeach,, PE12 8JJ with a Companies House number of 00451744. It operates in the mixed farming sector, SIC Code 01500. Founded in April 1948, it's largest shareholder is richard charles thompson with a 59.8% stake. George Thompson(farms)limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.4m with rapid growth in recent years.
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George Thompson(farms)limited Health Check
Pomanda's financial health check has awarded George Thompson(Farms)Limited 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
3 Regular
2 Weak
Size
annual sales of £8.4m, make it larger than the average company (£1.1m)
- George Thompson(farms)limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (11.4%)
- George Thompson(farms)limited
11.4% - Industry AVG
Production
with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)
- George Thompson(farms)limited
30.7% - Industry AVG
Profitability
an operating margin of 17.1% make it more profitable than the average company (5.6%)
- George Thompson(farms)limited
5.6% - Industry AVG
Employees
with 20 employees, this is above the industry average (14)
20 - George Thompson(farms)limited
14 - Industry AVG
Pay Structure
on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)
- George Thompson(farms)limited
£29.7k - Industry AVG
Efficiency
resulting in sales per employee of £420.1k, this is more efficient (£112.2k)
- George Thompson(farms)limited
£112.2k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (20 days)
- George Thompson(farms)limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (38 days)
- George Thompson(farms)limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 123 days, this is in line with average (108 days)
- George Thompson(farms)limited
108 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (12 weeks)
37 weeks - George Thompson(farms)limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.8%, this is a lower level of debt than the average (44.7%)
30.8% - George Thompson(farms)limited
44.7% - Industry AVG
GEORGE THOMPSON(FARMS)LIMITED financials
George Thompson(Farms)Limited's latest turnover from May 2024 is estimated at £8.4 million and the company has net assets of £7.6 million. According to their latest financial statements, George Thompson(Farms)Limited has 20 employees and maintains cash reserves of £651.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,193,083 | 2,542,185 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,603,449 | 1,599,639 | |||||||||||||
| Gross Profit | 1,589,634 | 942,546 | |||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 371 | ||||||||||||||
| Interest Receivable | 468 | 569 | |||||||||||||
| Pre-Tax Profit | 498,160 | -70,481 | |||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | 498,160 | -70,481 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 498,160 | -70,481 | |||||||||||||
| Employee Costs | 473,295 | 487,651 | |||||||||||||
| Number Of Employees | 20 | 21 | 20 | 20 | 20 | 21 | 21 | 23 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,883,226 | 4,729,868 | 4,823,983 | 4,736,950 | 4,882,760 | 4,820,427 | 4,949,381 | 4,964,093 | 5,361,432 | 5,780,087 | 4,533,874 | 3,813,967 | 3,774,779 | 3,867,390 | 3,708,909 |
| Intangible Assets | 1,927 | 3,854 | 5,781 | 10,120 | |||||||||||
| Investments & Other | 140,135 | 130,170 | 120,971 | 112,554 | 104,068 | 15,278 | 43,911 | 51,863 | 56,194 | 55,391 | 48,812 | 39,306 | 29,193 | 26,571 | 29,624 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 7,023,361 | 4,860,038 | 4,944,954 | 4,849,504 | 4,986,828 | 4,835,705 | 4,993,292 | 5,015,956 | 5,417,626 | 5,835,478 | 4,582,686 | 3,855,200 | 3,807,826 | 3,899,742 | 3,748,653 |
| Stock & work in progress | 1,964,579 | 1,883,802 | 1,997,323 | 1,465,088 | 1,752,776 | 1,823,160 | 1,734,004 | 1,737,720 | 1,731,610 | 1,332,080 | 1,512,946 | 1,367,876 | 1,287,091 | 1,186,095 | 1,282,538 |
| Trade Debtors | 1,074,337 | 1,157,982 | 988,918 | 345,215 | 417,859 | 572,692 | 669,940 | 519,058 | 444,431 | 766,086 | 714,042 | 933,572 | 799,210 | 951,721 | 657,334 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 246,755 | 365,229 | 346,209 | 275,513 | 270,280 | 219,943 | 241,925 | 217,050 | 196,135 | ||||||
| Cash | 651,880 | 584,693 | 294,585 | 647,789 | 582,503 | 347,451 | 225,346 | 706,393 | 268,065 | 526,959 | 997,509 | 517,902 | 274,123 | 64,974 | 25,458 |
| misc current assets | 528 | 526 | 525 | ||||||||||||
| total current assets | 3,937,551 | 3,991,706 | 3,627,035 | 2,733,605 | 3,023,418 | 2,963,246 | 2,871,215 | 3,180,221 | 2,640,241 | 2,625,125 | 3,224,497 | 2,819,350 | 2,360,952 | 2,203,316 | 1,965,855 |
| total assets | 10,960,912 | 8,851,744 | 8,571,989 | 7,583,109 | 8,010,246 | 7,798,951 | 7,864,507 | 8,196,177 | 8,057,867 | 8,460,603 | 7,807,183 | 6,674,550 | 6,168,778 | 6,103,058 | 5,714,508 |
| Bank overdraft | 50,000 | 50,000 | 50,000 | 606,054 | 86,215 | 136,303 | 50,000 | 50,000 | 102,761 | 787,680 | |||||
| Bank loan | |||||||||||||||
| Trade Creditors | 533,735 | 865,493 | 1,054,780 | 254,669 | 394,610 | 366,208 | 460,459 | 261,983 | 199,025 | 293,344 | 438,150 | 595,076 | 309,482 | 447,947 | 407,060 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 200,000 | 200,000 | 200,000 | ||||||||||||
| hp & lease commitments | 129,528 | 127,168 | 36,933 | 85,108 | 195,297 | 71,850 | 162,628 | 169,910 | 166,460 | 138,463 | 43,355 | 82,007 | 98,867 | 64,537 | 52,746 |
| other current liabilities | 193,804 | 186,510 | 81,641 | 99,147 | 56,968 | 143,310 | 54,810 | 87,571 | 74,672 | 200,000 | 200,000 | ||||
| total current liabilities | 907,067 | 1,229,171 | 1,223,354 | 1,044,978 | 733,090 | 717,671 | 927,897 | 769,464 | 742,918 | 1,419,487 | 681,505 | 677,083 | 408,349 | 512,484 | 459,806 |
| loans | 1,186,524 | 350,000 | 550,000 | 150,000 | 200,000 | 250,000 | 300,000 | 550,000 | 800,000 | 600,000 | 800,000 | ||||
| hp & lease commitments | 112,922 | 120,427 | 38,307 | 85,108 | 32,804 | 39,741 | 113,290 | 177,034 | 63,525 | 40,352 | 46,354 | ||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 2,057 | 4,115 | 191,692 | 51,842 | |||||||||||
| provisions | 1,164,807 | 809,923 | 685,348 | 587,110 | 487,889 | 335,119 | 363,520 | 339,379 | 266,933 | 230,133 | 215,753 | 142,716 | 140,225 | 146,790 | 140,418 |
| total long term liabilities | 2,464,253 | 1,282,407 | 1,277,770 | 737,110 | 772,997 | 617,923 | 703,261 | 1,002,669 | 1,243,967 | 1,021,825 | 1,015,753 | 194,558 | 203,750 | 187,142 | 186,772 |
| total liabilities | 3,371,320 | 2,511,578 | 2,501,124 | 1,782,088 | 1,506,087 | 1,335,594 | 1,631,158 | 1,772,133 | 1,986,885 | 2,441,312 | 1,697,258 | 871,641 | 612,099 | 699,626 | 646,578 |
| net assets | 7,589,592 | 6,340,166 | 6,070,865 | 5,801,021 | 6,504,159 | 6,463,357 | 6,233,349 | 6,424,044 | 6,070,982 | 6,019,291 | 6,109,925 | 5,802,909 | 5,556,679 | 5,403,432 | 5,067,930 |
| total shareholders funds | 7,589,592 | 6,340,166 | 6,070,865 | 5,801,021 | 6,504,159 | 6,463,357 | 6,233,349 | 6,424,044 | 6,070,982 | 6,019,291 | 6,109,925 | 5,802,909 | 5,556,679 | 5,403,432 | 5,067,930 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 716,446 | 682,227 | 677,442 | 636,536 | 622,687 | 630,701 | 690,849 | 707,791 | 670,323 | 452,128 | 426,534 | 432,859 | 420,205 | 359,706 | |
| Amortisation | 1,927 | 1,927 | 1,927 | 4,339 | 4,340 | ||||||||||
| Tax | |||||||||||||||
| Stock | 80,777 | -113,521 | 532,235 | -287,688 | -70,384 | 89,156 | -3,716 | 6,110 | 399,530 | -180,866 | 145,070 | 80,785 | 100,996 | -96,443 | 1,282,538 |
| Debtors | -202,119 | 188,084 | 714,399 | -67,411 | -104,496 | -119,230 | 175,757 | 95,542 | -125,520 | 52,044 | -219,530 | 134,362 | -152,511 | 294,387 | 657,334 |
| Creditors | -331,758 | -189,287 | 800,111 | -139,941 | 28,402 | -94,251 | 198,476 | 62,958 | -94,319 | -144,806 | -156,926 | 285,594 | -138,465 | 40,887 | 407,060 |
| Accruals and Deferred Income | 7,294 | 104,869 | -17,506 | 42,179 | -86,342 | 88,500 | -32,761 | 12,899 | -125,328 | 200,000 | |||||
| Deferred Taxes & Provisions | 354,884 | 124,575 | 98,238 | 99,221 | 152,770 | -28,401 | 24,141 | 72,446 | 36,800 | 14,380 | 73,037 | 2,491 | -6,565 | 6,372 | 140,418 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 9,965 | 9,199 | 8,417 | 8,486 | 88,790 | -28,633 | -7,952 | -4,331 | 803 | 6,579 | 9,506 | 10,113 | 2,622 | -3,053 | 29,624 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -200,000 | 200,000 | |||||||||||||
| Long term loans | 836,524 | -200,000 | 400,000 | -50,000 | -50,000 | -50,000 | -250,000 | -250,000 | 200,000 | -200,000 | 800,000 | ||||
| Hire Purchase and Lease Commitments | -5,145 | 172,355 | -9,868 | -195,297 | 175,751 | -97,715 | -80,831 | -60,294 | 205,031 | 95,108 | -38,652 | -80,385 | 57,503 | 5,789 | 99,100 |
| other long term liabilities | -2,057 | -2,058 | 4,115 | -191,692 | 191,692 | -51,842 | 51,842 | ||||||||
| share issue | |||||||||||||||
| interest | 468 | 198 | |||||||||||||
| cash flow from financing | -454,924 | 535,709 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 67,187 | 290,108 | -353,204 | 65,286 | 235,052 | 122,105 | -481,047 | 438,328 | -258,894 | -470,550 | 479,607 | 243,779 | 209,149 | 39,516 | 25,458 |
| overdraft | -556,054 | 519,839 | -50,088 | 86,303 | -52,761 | -684,919 | 787,680 | ||||||||
| change in cash | 67,187 | 290,108 | 202,850 | -454,553 | 285,140 | 35,802 | -481,047 | 491,089 | 426,025 | -1,258,230 | 479,607 | 243,779 | 209,149 | 39,516 | 25,458 |
george thompson(farms)limited Credit Report and Business Information
George Thompson(farms)limited Competitor Analysis
Perform a competitor analysis for george thompson(farms)limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in PE12 area or any other competitors across 12 key performance metrics.
george thompson(farms)limited Ownership
GEORGE THOMPSON(FARMS)LIMITED group structure
George Thompson(Farms)Limited has no subsidiary companies.
Ultimate parent company
GEORGE THOMPSON(FARMS)LIMITED
00451744
george thompson(farms)limited directors
George Thompson(Farms)Limited currently has 3 directors. The longest serving directors include Mr Richard Thompson (Feb 1991) and Ms Caroline Thompson (Feb 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Thompson | 60 years | Feb 1991 | - | Director | |
| Ms Caroline Thompson | 89 years | Feb 1991 | - | Director | |
| Ms Jane Thompson | 60 years | Mar 2001 | - | Director |
P&L
May 2024turnover
8.4m
-5%
operating profit
1.4m
0%
gross margin
30.7%
-12.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
7.6m
+0.2%
total assets
11m
+0.24%
cash
651.9k
+0.11%
net assets
Total assets minus all liabilities
george thompson(farms)limited company details
company number
00451744
Type
Private limited with Share Capital
industry
01500 - Mixed farming
incorporation date
April 1948
age
77
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
MOORE THOMPSON
auditor
-
address
the grove farm,, holbeach hurn,, holbeach,, lincs, PE12 8JJ
Bank
-
Legal Advisor
-
george thompson(farms)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 did not find charges/mortgages relating to george thompson(farms)limited.
george thompson(farms)limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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george thompson(farms)limited Companies House Filings - See Documents
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