shimpling park farms limited

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shimpling park farms limited Company Information

Share SHIMPLING PARK FARMS LIMITED

Company Number

00546481

Directors

John Pawsey

Shareholders

pawsey holdings company ltd

Group Structure

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Industry

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

 

Registered Address

shimpling park shimpling, bury st. edmunds, suffolk, IP29 4HY

shimpling park farms limited Estimated Valuation

£589.7k

Pomanda estimates the enterprise value of SHIMPLING PARK FARMS LIMITED at £589.7k based on a Turnover of £1.2m and 0.5x industry multiple (adjusted for size and gross margin).

shimpling park farms limited Estimated Valuation

£583k

Pomanda estimates the enterprise value of SHIMPLING PARK FARMS LIMITED at £583k based on an EBITDA of £182.9k and a 3.19x industry multiple (adjusted for size and gross margin).

shimpling park farms limited Estimated Valuation

£3.8m

Pomanda estimates the enterprise value of SHIMPLING PARK FARMS LIMITED at £3.8m based on Net Assets of £2.5m and 1.5x industry multiple (adjusted for liquidity).

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Shimpling Park Farms Limited Overview

Shimpling Park Farms Limited is a live company located in suffolk, IP29 4HY with a Companies House number of 00546481. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in March 1955, it's largest shareholder is pawsey holdings company ltd with a 100% stake. Shimpling Park Farms Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with low growth in recent years.

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Shimpling Park Farms Limited Health Check

Pomanda's financial health check has awarded Shimpling Park Farms Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

7 Weak

size

Size

annual sales of £1.2m, make it smaller than the average company (£4.9m)

£1.2m - Shimpling Park Farms Limited

£4.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.6%)

2% - Shimpling Park Farms Limited

7.6% - Industry AVG

production

Production

with a gross margin of 31.9%, this company has a comparable cost of product (31.9%)

31.9% - Shimpling Park Farms Limited

31.9% - Industry AVG

profitability

Profitability

an operating margin of -9.8% make it less profitable than the average company (9%)

-9.8% - Shimpling Park Farms Limited

9% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (34)

11 - Shimpling Park Farms Limited

34 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Shimpling Park Farms Limited

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £107.4k, this is less efficient (£177.7k)

£107.4k - Shimpling Park Farms Limited

£177.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is near the average (37 days)

30 days - Shimpling Park Farms Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (39 days)

55 days - Shimpling Park Farms Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 194 days, this is more than average (94 days)

194 days - Shimpling Park Farms Limited

94 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (15 weeks)

12 weeks - Shimpling Park Farms Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.6%, this is a similar level of debt than the average (45.1%)

42.6% - Shimpling Park Farms Limited

45.1% - Industry AVG

SHIMPLING PARK FARMS LIMITED financials

EXPORTms excel logo

Shimpling Park Farms Limited's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £2.5 million. According to their latest financial statements, Shimpling Park Farms Limited has 11 employees and maintains cash reserves of £106.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,181,7081,195,6221,345,2171,117,485946,998965,751775,285795,840732,0011,207,7141,685,4191,036,6612,987,4791,550,8831,082,731
Other Income Or Grants
Cost Of Sales805,348831,411941,015808,531680,412665,858544,339550,886505,776836,7361,137,319668,8311,822,688984,583689,789
Gross Profit376,359364,211404,201308,954266,586299,893230,946244,954226,225370,978548,099367,8301,164,791566,300392,943
Admin Expenses491,917239,22322,990227,45979,115-220,985-361,34621,129136,248392,662393,81274,8882,789,057212,128-3,581,621
Operating Profit-115,558124,988381,21181,495187,471520,878592,292223,82589,977-21,684154,287292,942-1,624,266354,1723,974,564
Interest Payable148,651138,75994,09686,76287,02196,29479,28571,81083,52283,52285,634103,99760,124
Interest Receivable10,21013,0232,6713412971,8347511914339311,8331,7711,009589137
Pre-Tax Profit-254,000-747289,786-4,926100,747426,419513,757152,2066,889-104,27570,486190,716-1,683,381354,7613,974,701
Tax-55,059-19,142-81,020-97,614-30,441-1,378-16,212-45,772-99,333-1,112,916
Profit After Tax-254,000-747234,727-4,92681,605345,399416,143121,7655,511-104,27554,274144,944-1,683,381255,4282,861,785
Dividends Paid
Retained Profit-254,000-747234,727-4,92681,605345,399416,143121,7655,511-104,27554,274144,944-1,683,381255,4282,861,785
Employee Costs404,481385,303261,791286,663243,499271,248232,997224,767145,819261,438366,906232,692648,722346,499273,673
Number Of Employees111189898859138241310
EBITDA*182,854352,474561,584274,732421,429684,333748,249345,882237,247138,370310,602393,969-1,520,735480,5684,086,405

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets3,625,9623,482,9083,541,2183,380,4253,444,8253,477,0883,217,0992,045,0901,889,9621,939,8741,959,1601,761,1661,804,8241,905,1201,883,076
Intangible Assets2,861
Investments & Other1551,165551,165551,165551,165551,165551,165591,945591,945
Debtors (Due After 1 year)
Total Fixed Assets3,628,8233,482,9083,541,2183,380,4253,444,8253,477,0883,217,1002,596,2552,441,1272,491,0392,510,3252,312,3312,355,9892,497,0652,475,021
Stock & work in progress429,678546,520381,659502,782574,699475,430370,383305,452324,191301,383324,230253,699504,579359,754290,191
Trade Debtors98,31088,358235,19395,93796,139140,606102,804103,221120,436200,708303,845176,986668,770327,396241,048
Group Debtors
Misc Debtors118,611265,292291,01898,420205,717244,200261,797119,510148,355
Cash106,543282,392330,473381,704300,680293,017196,119104,12048,896124,420247,975485,108223,257180,52054,971
misc current assets
total current assets753,1421,182,5621,238,3431,078,8431,177,2351,153,253931,103632,303641,878626,511876,050915,7931,396,606867,670586,210
total assets4,381,9654,665,4704,779,5614,459,2684,622,0604,630,3414,148,2033,228,5583,083,0053,117,5503,386,3753,228,1243,752,5953,364,7353,061,231
Bank overdraft
Bank loan33,70632,38249,26050,000886,402
Trade Creditors 122,32579,08291,371113,81282,59451,71646,70199,03446,247141,151221,121134,267309,060126,89589,828
Group/Directors Accounts2,2302,2302,2302,2302,2302,2302,2302,2302,230
other short term finances
hp & lease commitments122,66064,08064,11548,848
other current liabilities291,850229,977264,481223,664336,916262,041270,82482,67244,422
total current liabilities450,111343,671407,342389,706421,740438,647383,8351,134,453141,747141,151221,121134,267309,060126,89589,828
loans1,271,4301,305,1701,320,6751,368,0861,426,5751,426,5751,426,575126,5751,284,9501,284,9501,284,9501,349,9501,849,970
hp & lease commitments153,507115,000179,115
Accruals and Deferred Income
other liabilities22,24944,87589,75063,67935,063101,57219,73313,246
provisions123,597203,176192,469166,878170,542153,693110,27392,03881,69687,285105,356105,072119,40780,30156,046
total long term liabilities1,417,2761,553,2211,602,8941,534,9641,660,7961,733,7751,651,848397,7281,366,6461,407,2981,491,8781,474,7551,969,37780,30169,292
total liabilities1,867,3871,896,8922,010,2361,924,6702,082,5362,172,4222,035,6831,532,1811,508,3931,548,4491,712,9991,609,0222,278,437207,196159,120
net assets2,514,5782,768,5782,769,3252,534,5982,539,5242,457,9192,112,5201,696,3771,574,6121,569,1011,673,3761,619,1021,474,1583,157,5392,902,111
total shareholders funds2,514,5782,768,5782,769,3252,534,5982,539,5242,457,9192,112,5201,696,3771,574,6121,569,1011,673,3761,619,1021,474,1583,157,5392,902,111
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-115,558124,988381,21181,495187,471520,878592,292223,82589,977-21,684154,287292,942-1,624,266354,1723,974,564
Depreciation298,094227,486180,373193,237233,958163,455155,957122,057147,270160,054156,315101,027103,531126,396111,841
Amortisation318
Tax-55,059-19,142-81,020-97,614-30,441-1,378-16,212-45,772-99,333-1,112,916
Stock-116,842164,861-121,123-71,91799,269105,04764,931-18,73922,808-22,84770,531-250,880144,82569,563290,191
Debtors-136,729-172,561331,854-107,499-82,95020,205141,870-46,06068,083-103,137126,859-491,784341,37486,348241,048
Creditors43,243-12,289-22,44131,21830,8785,015-52,33352,787-94,904-79,97086,854-174,793182,16537,06789,828
Accruals and Deferred Income61,873-34,50440,817-113,25274,875-8,783188,15238,25044,422
Deferred Taxes & Provisions-79,57910,70725,591-3,66416,84943,42018,23510,342-5,589-18,071284-14,33539,10624,25556,046
Cash flow from operations461,962324,088339,761368,450508,570517,713597,888481,61988,907166,313184,138901,733-1,785,663286,6462,588,124
Investing Activities
capital expenditure-444,327-169,176-341,166-128,837-201,695-423,444-1,327,966-277,185-97,358-140,768-354,309-57,369-3,235-148,440-1,994,917
Change in Investments-1-551,164-40,780591,945
cash flow from investments-444,327-169,176-341,166-128,837-201,695-423,443-776,802-277,185-97,358-140,768-354,309-57,36937,545-148,440-2,586,862
Financing Activities
Bank loans1,324-16,878-74050,000-886,402886,402
Group/Directors Accounts2,230
Other Short Term Loans
Long term loans-33,740-15,505-47,411-58,4891,300,000-1,158,375-65,000-500,0201,849,970
Hire Purchase and Lease Commitments-276,16797,087-64,150194,38248,848
other long term liabilities-22,626-44,87589,750-63,67963,679-35,063-66,50981,83919,733-13,24613,246
share issue40,326
interest-138,441-125,736-91,425-86,421-86,724-94,460-78,534-71,619-83,089-82,591-83,801-102,226-59,115589137
cash flow from financing-193,483-202,994-49,826-158,589-299,2122,627270,914-149,210-67,074-149,100-66,962-582,5131,790,855-12,65753,709
cash and cash equivalents
cash-175,849-48,081-51,23181,0247,66396,89891,99955,224-75,524-123,555-237,133261,85142,737125,54954,971
overdraft
change in cash-175,849-48,081-51,23181,0247,66396,89891,99955,224-75,524-123,555-237,133261,85142,737125,54954,971

shimpling park farms 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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Shimpling Park Farms Limited Competitor Analysis

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Perform a competitor analysis for shimpling park farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in IP29 area or any other competitors across 12 key performance metrics.

shimpling park farms limited Ownership

SHIMPLING PARK FARMS LIMITED group structure

Shimpling Park Farms Limited has no subsidiary companies.

Ultimate parent company

1 parent

SHIMPLING PARK FARMS LIMITED

00546481

SHIMPLING PARK FARMS LIMITED Shareholders

pawsey holdings company ltd 100%

shimpling park farms limited directors

Shimpling Park Farms Limited currently has 1 director, Mr John Pawsey serving since Mar 2000.

officercountryagestartendrole
Mr John PawseyUnited Kingdom61 years Mar 2000- Director

P&L

March 2024

turnover

1.2m

-1%

operating profit

-115.6k

0%

gross margin

31.9%

+4.55%

turnover

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

Balance Sheet

March 2024

net assets

2.5m

-0.09%

total assets

4.4m

-0.06%

cash

106.5k

-0.62%

net assets

Total assets minus all liabilities

shimpling park farms limited company details

company number

00546481

Type

Private limited with Share Capital

industry

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

incorporation date

March 1955

age

70

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

david alston (suffolk) limited (September 2011)

accountant

-

auditor

-

address

shimpling park shimpling, bury st. edmunds, suffolk, IP29 4HY

Bank

-

Legal Advisor

-

shimpling park 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 found 4 charges/mortgages relating to shimpling park farms limited. Currently there are 3 open charges and 1 have been satisfied in the past.

shimpling park 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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shimpling park farms limited Companies House Filings - See Documents

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