gleadell agriculture limited
gleadell agriculture limited Company Information
Company Number
00534118
Website
gleadell.co.ukRegistered Address
lindsey house, hemswell cliff, gainsborough, lincolnshire, DN21 5TH
Industry
Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
Telephone
01427421200
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
adm agriculture ltd 100%
gleadell agriculture limited Estimated Valuation
Pomanda estimates the enterprise value of GLEADELL AGRICULTURE LIMITED at £245.3m based on a Turnover of £392.1m and 0.63x industry multiple (adjusted for size and gross margin).
gleadell agriculture limited Estimated Valuation
Pomanda estimates the enterprise value of GLEADELL AGRICULTURE LIMITED at £30.7m based on an EBITDA of £3.7m and a 8.21x industry multiple (adjusted for size and gross margin).
gleadell agriculture limited Estimated Valuation
Pomanda estimates the enterprise value of GLEADELL AGRICULTURE LIMITED at £24.9m based on Net Assets of £15.7m and 1.58x industry multiple (adjusted for liquidity).
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Gleadell Agriculture Limited Overview
Gleadell Agriculture Limited is a dissolved company that was located in gainsborough, DN21 5TH with a Companies House number of 00534118. It operated in the wholesale of grain, unmanufactured tobacco, seeds and animal feeds sector, SIC Code 46210. Founded in June 1954, it's largest shareholder was adm agriculture ltd with a 100% stake. The last turnover for Gleadell Agriculture Limited was estimated at £392.1m.
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Gleadell Agriculture Limited Health Check
Pomanda's financial health check has awarded Gleadell Agriculture Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £392.1m, make it larger than the average company (£24.8m)
£392.1m - Gleadell Agriculture Limited
£24.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (0.2%)
-3% - Gleadell Agriculture Limited
0.2% - Industry AVG
Production
with a gross margin of 8.5%, this company has a comparable cost of product (9.1%)
8.5% - Gleadell Agriculture Limited
9.1% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (1.8%)
0.7% - Gleadell Agriculture Limited
1.8% - Industry AVG
Employees
with 151 employees, this is above the industry average (29)
151 - Gleadell Agriculture Limited
29 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£44k)
£46.4k - Gleadell Agriculture Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £2.6m, this is more efficient (£1m)
£2.6m - Gleadell Agriculture Limited
£1m - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (42 days)
35 days - Gleadell Agriculture Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (33 days)
26 days - Gleadell Agriculture Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (24 days)
8 days - Gleadell Agriculture Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Gleadell Agriculture Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.5%, this is a higher level of debt than the average (55.3%)
76.5% - Gleadell Agriculture Limited
55.3% - Industry AVG
GLEADELL AGRICULTURE LIMITED financials
Gleadell Agriculture Limited's latest turnover from June 2018 is £392.1 million and the company has net assets of £15.7 million. According to their latest financial statements, Gleadell Agriculture Limited has 151 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 392,066,000 | 368,463,000 | 405,202,000 | 423,054,000 | 415,971,000 | 489,408,000 | 515,892,000 | 433,191,000 | 290,626,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 358,810,000 | 337,262,000 | 364,260,000 | 382,378,000 | |||||
| Gross Profit | 33,256,000 | 31,201,000 | 40,942,000 | 40,676,000 | |||||
| Admin Expenses | 30,549,000 | 30,538,000 | 35,447,000 | 35,149,000 | |||||
| Operating Profit | 2,707,000 | 663,000 | 5,495,000 | 5,527,000 | 5,531,000 | 3,529,000 | 1,413,000 | 6,705,000 | 4,085,000 |
| Interest Payable | 1,885,000 | 267,000 | 1,226,000 | 1,099,000 | 462,000 | 691,000 | 551,000 | 835,000 | 191,000 |
| Interest Receivable | 81,000 | 1,911,000 | 104,000 | 81,000 | 123,000 | 139,000 | 90,000 | 130,000 | 115,000 |
| Pre-Tax Profit | 903,000 | 2,307,000 | 4,373,000 | 4,509,000 | 5,192,000 | 2,977,000 | 952,000 | 6,000,000 | 4,009,000 |
| Tax | -179,000 | -551,000 | -775,000 | -1,093,000 | -1,359,000 | -770,000 | -348,000 | -1,682,000 | -1,198,000 |
| Profit After Tax | 724,000 | 1,756,000 | 3,598,000 | 3,416,000 | 3,833,000 | 2,207,000 | 604,000 | 4,318,000 | 2,811,000 |
| Dividends Paid | 1,316,000 | 2,698,000 | 2,714,000 | 2,875,000 | 1,655,000 | 453,000 | 3,242,000 | 2,108,000 | 4,793,000 |
| Retained Profit | -592,000 | -942,000 | 884,000 | 541,000 | 2,178,000 | 1,754,000 | -2,638,000 | 2,210,000 | -1,982,000 |
| Employee Costs | 7,011,000 | 7,215,000 | 7,935,000 | 7,338,000 | 6,727,000 | 6,015,000 | 5,079,000 | 4,873,000 | 4,319,000 |
| Number Of Employees | 151 | 163 | 166 | 157 | 142 | 140 | 130 | 96 | 88 |
| EBITDA* | 3,744,000 | 1,577,000 | 6,435,000 | 6,718,000 | 7,085,000 | 5,141,000 | 2,630,000 | 7,512,000 | 4,593,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 8,916,000 | 8,172,000 | 8,737,000 | 8,206,000 | 7,798,000 | 8,729,000 | 6,206,000 | 5,857,000 |
| Intangible Assets | 0 | 2,332,000 | 2,332,000 | 2,332,000 | 2,332,000 | 2,639,000 | 2,946,000 | 0 | 0 |
| Investments & Other | 0 | 567,000 | 310,000 | 895,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 11,248,000 | 10,504,000 | 11,069,000 | 10,538,000 | 10,437,000 | 11,675,000 | 6,206,000 | 5,857,000 |
| Stock & work in progress | 8,390,000 | 10,057,000 | 8,989,000 | 9,804,000 | 7,560,000 | 12,748,000 | 10,322,000 | 11,813,000 | 8,825,000 |
| Trade Debtors | 38,032,000 | 35,860,000 | 32,655,000 | 31,819,000 | 30,245,000 | 37,341,000 | 32,514,000 | 38,654,000 | 25,285,000 |
| Group Debtors | 1,168,000 | 1,400,000 | 725,000 | 1,141,000 | 776,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,398,000 | 1,706,000 | 1,015,000 | 853,000 | 664,000 | 2,401,000 | 794,000 | 9,292,000 | 2,484,000 |
| Cash | 2,379,000 | 397,000 | 1,068,000 | 545,000 | 840,000 | 120,000 | 359,000 | 6,000 | 512,000 |
| misc current assets | 15,687,000 | 8,239,000 | 6,755,000 | 8,941,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 67,054,000 | 57,659,000 | 51,207,000 | 53,103,000 | 40,085,000 | 52,610,000 | 43,989,000 | 59,765,000 | 37,106,000 |
| total assets | 67,054,000 | 68,907,000 | 61,711,000 | 64,172,000 | 50,623,000 | 63,047,000 | 55,664,000 | 65,971,000 | 42,963,000 |
| Bank overdraft | 17,622,000 | 24,453,000 | 12,971,000 | 14,299,000 | 12,730,000 | 20,846,000 | 14,659,000 | 23,759,000 | 7,903,000 |
| Bank loan | 0 | 0 | 0 | 0 | 400,000 | 330,000 | 64,000 | 63,000 | 62,000 |
| Trade Creditors | 26,104,000 | 16,228,000 | 17,655,000 | 16,844,000 | 15,874,000 | 20,602,000 | 25,444,000 | 25,618,000 | 20,968,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 576,000 | 397,000 | 377,000 | 359,000 | 376,000 |
| other short term finances | 0 | 1,825,000 | 400,000 | 400,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,594,000 | 8,695,000 | 10,413,000 | 12,379,000 | 5,276,000 | 6,944,000 | 5,084,000 | 3,284,000 | 2,510,000 |
| total current liabilities | 51,320,000 | 51,201,000 | 41,439,000 | 43,922,000 | 34,856,000 | 49,119,000 | 45,628,000 | 53,083,000 | 31,819,000 |
| loans | 0 | 483,000 | 3,850,000 | 4,650,000 | 3,715,000 | 4,032,000 | 1,833,000 | 2,271,000 | 2,694,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 153,000 | 464,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 1,994,000 | 1,852,000 | 2,154,000 | 167,000 | 189,000 | 250,000 | 26,000 | 69,000 |
| total long term liabilities | 0 | 1,380,000 | 3,004,000 | 3,866,000 | 3,882,000 | 4,221,000 | 2,083,000 | 2,297,000 | 2,763,000 |
| total liabilities | 51,320,000 | 52,581,000 | 44,443,000 | 47,788,000 | 38,738,000 | 53,340,000 | 47,711,000 | 55,380,000 | 34,582,000 |
| net assets | 15,734,000 | 16,326,000 | 17,268,000 | 16,384,000 | 11,885,000 | 9,707,000 | 7,953,000 | 10,591,000 | 8,381,000 |
| total shareholders funds | 15,734,000 | 16,326,000 | 17,268,000 | 16,384,000 | 11,885,000 | 9,707,000 | 7,953,000 | 10,591,000 | 8,381,000 |
| Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 2,707,000 | 663,000 | 5,495,000 | 5,527,000 | 5,531,000 | 3,529,000 | 1,413,000 | 6,705,000 | 4,085,000 |
| Depreciation | 1,037,000 | 914,000 | 940,000 | 1,191,000 | 1,247,000 | 1,305,000 | 1,089,000 | 807,000 | 508,000 |
| Amortisation | 0 | 0 | 0 | 0 | 307,000 | 307,000 | 128,000 | 0 | 0 |
| Tax | -179,000 | -551,000 | -775,000 | -1,093,000 | -1,359,000 | -770,000 | -348,000 | -1,682,000 | -1,198,000 |
| Stock | -1,667,000 | 1,068,000 | -815,000 | 2,244,000 | -5,188,000 | 2,426,000 | -1,491,000 | 2,988,000 | 8,825,000 |
| Debtors | 1,632,000 | 4,571,000 | 582,000 | 2,128,000 | -8,057,000 | 6,434,000 | -14,638,000 | 20,177,000 | 27,769,000 |
| Creditors | 9,876,000 | -1,427,000 | 811,000 | 970,000 | -4,728,000 | -4,842,000 | -174,000 | 4,650,000 | 20,968,000 |
| Accruals and Deferred Income | -1,101,000 | -1,718,000 | -1,966,000 | 7,103,000 | -1,668,000 | 1,860,000 | 1,800,000 | 774,000 | 2,510,000 |
| Deferred Taxes & Provisions | -1,994,000 | 142,000 | -302,000 | 1,987,000 | -22,000 | -61,000 | 224,000 | -43,000 | 69,000 |
| Cash flow from operations | 10,381,000 | -7,616,000 | 4,436,000 | 11,313,000 | 12,553,000 | -7,532,000 | 20,261,000 | -11,954,000 | -9,652,000 |
| Investing Activities | |||||||||
| capital expenditure | -1,600,000 | -374,000 | -560,000 | -1,156,000 | -4,596,000 | ||||
| Change in Investments | -567,000 | 257,000 | -585,000 | 895,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -1,600,000 | -374,000 | -560,000 | -1,156,000 | -4,596,000 | ||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | -400,000 | 70,000 | 266,000 | 1,000 | 1,000 | 62,000 |
| Group/Directors Accounts | 0 | 0 | 0 | -576,000 | 179,000 | 20,000 | 18,000 | -17,000 | 376,000 |
| Other Short Term Loans | -1,825,000 | 1,425,000 | 0 | 400,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -483,000 | -3,367,000 | -800,000 | 935,000 | -317,000 | 2,199,000 | -438,000 | -423,000 | 2,694,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -153,000 | -311,000 | 464,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -1,804,000 | 1,644,000 | -1,122,000 | -1,018,000 | -339,000 | -552,000 | -461,000 | -705,000 | -76,000 |
| cash flow from financing | -4,112,000 | -451,000 | -2,233,000 | 3,763,000 | -407,000 | 1,933,000 | -880,000 | -1,144,000 | 13,419,000 |
| cash and cash equivalents | |||||||||
| cash | 1,982,000 | -671,000 | 523,000 | -295,000 | 720,000 | -239,000 | 353,000 | -506,000 | 512,000 |
| overdraft | -6,831,000 | 11,482,000 | -1,328,000 | 1,569,000 | -8,116,000 | 6,187,000 | -9,100,000 | 15,856,000 | 7,903,000 |
| change in cash | 8,813,000 | -12,153,000 | 1,851,000 | -1,864,000 | 8,836,000 | -6,426,000 | 9,453,000 | -16,362,000 | -7,391,000 |
gleadell agriculture limited Credit Report and Business Information
Gleadell Agriculture Limited Competitor Analysis
Perform a competitor analysis for gleadell agriculture limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gleadell agriculture limited Ownership
GLEADELL AGRICULTURE LIMITED group structure
Gleadell Agriculture Limited has 1 subsidiary company.
Ultimate parent company
ARCHER DANIELS MIDLAND CO
#0017955
2 parents
GLEADELL AGRICULTURE LIMITED
00534118
1 subsidiary
gleadell agriculture limited directors
Gleadell Agriculture Limited currently has 2 directors. The longest serving directors include Mr Michael Thompson (Apr 2001) and Mr Gary McGuigan (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Thompson | 59 years | Apr 2001 | - | Director | |
| Mr Gary McGuigan | 52 years | Aug 2014 | - | Director |
P&L
June 2018turnover
392.1m
+6%
operating profit
2.7m
+308%
gross margin
8.5%
+0.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2018net assets
15.7m
-0.04%
total assets
67.1m
-0.03%
cash
2.4m
+4.99%
net assets
Total assets minus all liabilities
Similar Companies
gleadell agriculture limited company details
company number
00534118
Type
Private limited with Share Capital
industry
46210 - Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
incorporation date
June 1954
age
70
accounts
Group
ultimate parent company
previous names
gleadell banks (agriculture) limited (March 2001)
wm.gleadell and sons limited (October 1997)
incorporated
UK
address
lindsey house, hemswell cliff, gainsborough, lincolnshire, DN21 5TH
last accounts submitted
June 2018
gleadell agriculture 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 26 charges/mortgages relating to gleadell agriculture limited. Currently there are 7 open charges and 19 have been satisfied in the past.
gleadell agriculture limited Companies House Filings - See Documents
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