newcome-baker farms limited

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newcome-baker farms limited Company Information

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Company Number

00591983

Website

-

Registered Address

wethered manor, sedgeford, hunstanton, norfolk, PE36 5LR

Industry

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

 

Raising of poultry

 

Telephone

01485570100

Next Accounts Due

December 2024

Group Structure

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Directors

William Barber32 Years

Charles Whitaker30 Years

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Shareholders

william geoffrey newcome barber 65%

louise katy barber 25%

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newcome-baker farms limited Estimated Valuation

£822.3k - £5m

The estimated valuation range for newcome-baker farms limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £822.3k to £5m

newcome-baker farms limited Estimated Valuation

£822.3k - £5m

The estimated valuation range for newcome-baker farms limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £822.3k to £5m

newcome-baker farms limited Estimated Valuation

£822.3k - £5m

The estimated valuation range for newcome-baker farms limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £822.3k to £5m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Newcome-baker Farms Limited AI Business Plan

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Newcome-baker Farms Limited Overview

Newcome-baker Farms Limited is a live company located in hunstanton, PE36 5LR with a Companies House number of 00591983. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in October 1957, it's largest shareholder is william geoffrey newcome barber with a 65% stake. Newcome-baker Farms Limited is a mature, small sized company, Pomanda has estimated its turnover at £3m with healthy growth in recent years.

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Newcome-baker Farms Limited Health Check

Pomanda's financial health check has awarded Newcome-Baker Farms Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £3m, make it smaller than the average company (£10.7m)

£3m - Newcome-baker Farms Limited

£10.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6%)

13% - Newcome-baker Farms Limited

6% - Industry AVG

production

Production

with a gross margin of 23.5%, this company has a comparable cost of product (23.5%)

23.5% - Newcome-baker Farms Limited

23.5% - Industry AVG

profitability

Profitability

an operating margin of 47.2% make it more profitable than the average company (6.7%)

47.2% - Newcome-baker Farms Limited

6.7% - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (37)

12 - Newcome-baker Farms Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)

£33.8k - Newcome-baker Farms Limited

£33.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £252.6k, this is equally as efficient (£253.6k)

£252.6k - Newcome-baker Farms Limited

£253.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (33 days)

20 days - Newcome-baker Farms Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 59 days, this is slower than average (38 days)

59 days - Newcome-baker Farms Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 162 days, this is more than average (57 days)

162 days - Newcome-baker Farms Limited

57 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (16 weeks)

31 weeks - Newcome-baker Farms Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.1%, this is a higher level of debt than the average (46.8%)

65.1% - Newcome-baker Farms Limited

46.8% - Industry AVG

newcome-baker 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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Newcome-baker Farms Limited Competitor Analysis

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Perform a competitor analysis for newcome-baker farms limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

newcome-baker farms limited Ownership

NEWCOME-BAKER FARMS LIMITED group structure

Newcome-Baker Farms Limited has no subsidiary companies.

Ultimate parent company

NEWCOME-BAKER FARMS LIMITED

00591983

NEWCOME-BAKER FARMS LIMITED Shareholders

william geoffrey newcome barber 64.97%
louise katy barber 24.99%
william geoffrey newcome barber & louise katy barber & miss megan rebecca barber & miss abigail lucy benson 10%
miss megan rebecca barber 0.02%
miss abigail lucy benson 0.02%

newcome-baker farms limited directors

Newcome-Baker Farms Limited currently has 5 directors. The longest serving directors include Mr William Barber (Jan 1992) and Mr Charles Whitaker (Mar 1994).

officercountryagestartendrole
Mr William BarberUnited Kingdom64 years Jan 1992- Director
Mr Charles WhitakerEngland62 years Mar 1994- Director
Ms Louise BarberUnited Kingdom61 years Apr 2000- Director
Miss Megan BarberUnited Kingdom35 years Dec 2010- Director
Mrs Abigail BensonUnited Kingdom33 years Dec 2010- Director

NEWCOME-BAKER FARMS LIMITED financials

EXPORTms excel logo

Newcome-Baker Farms Limited's latest turnover from March 2023 is estimated at £3 million and the company has net assets of £4.2 million. According to their latest financial statements, Newcome-Baker Farms Limited has 12 employees and maintains cash reserves of £616.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover3,031,5752,077,0721,807,1242,081,2192,450,0532,449,7471,403,4651,448,0922,050,7981,793,8771,592,8222,006,2102,014,6251,958,772
Other Income Or Grants00000000000000
Cost Of Sales2,318,5341,564,9261,405,6241,633,4551,843,6021,854,6851,065,8411,108,5631,532,9611,285,8651,107,1631,361,8041,382,0691,337,211
Gross Profit713,041512,145401,500447,764606,451595,061337,624339,529517,836508,012485,659644,406632,557621,561
Admin Expenses-718,853-399,636-274,812-540,85764,932278,484121,175222,472205,829189,846266,964286,056240,286-1,466,244
Operating Profit1,431,894911,781676,312988,621541,519316,577216,449117,057312,007318,166218,695358,350392,2712,087,805
Interest Payable669,981459,706389,173350,319386,540274,696168,837166,776157,544161,005161,387161,00581,0550
Interest Receivable15,7091,66116001102593251193277761,188688
Pre-Tax Profit777,622453,737287,299638,302154,97941,88147,613-49,460154,789157,27957,636198,120312,4042,088,493
Tax-147,748-86,210-54,587-121,277-29,446-7,957-9,5220-32,506-36,174-13,833-51,511-87,473-584,778
Profit After Tax629,874367,527232,712517,025125,53333,92438,090-49,460122,283121,10543,803146,609224,9311,503,715
Dividends Paid00000000000000
Retained Profit629,874367,527232,712517,025125,53333,92438,090-49,460122,283121,10543,803146,609224,9311,503,715
Employee Costs405,353320,236314,276267,864252,769214,441186,414189,095300,590265,262244,322340,043326,438334,839
Number Of Employees1210109987711109131313
EBITDA*1,836,7971,262,1021,039,0421,290,333844,797510,357357,679343,852548,795536,562403,334529,126581,5612,271,996

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets9,776,4989,928,3389,754,8868,423,9447,711,1727,883,0394,663,1924,621,7454,675,8314,655,9214,600,5494,406,4284,445,1624,430,847
Intangible Assets00000000002,9345,8678,8000
Investments & Other30,10786868636363636363636363636
Debtors (Due After 1 year)00000000000000
Total Fixed Assets9,806,6059,928,4249,754,9728,424,0307,711,2087,883,0754,663,2284,621,7814,675,8674,655,9574,603,5194,412,3314,453,9984,430,883
Stock & work in progress1,029,994819,261625,966474,183478,209550,934438,365488,753385,673377,613291,920349,840303,856279,218
Trade Debtors168,86482,47356,989269,268382,171378,483189,543144,148283,723231,497247,774296,421246,803209,292
Group Debtors00000000000000
Misc Debtors267,504245,440261,937239,600131,366113,254123,590142,437000000
Cash616,888122,381320,680100100100100100103,53926,61320,877110,100200,105275,105
misc current assets00000000000000
total current assets2,083,2501,269,5551,265,572983,151991,8461,042,771751,598775,438772,935635,723560,571756,361750,764763,615
total assets11,889,85511,197,97911,020,5449,407,1818,703,0548,925,8465,414,8265,397,2195,448,8025,291,6805,164,0905,168,6925,204,7625,194,498
Bank overdraft000677,669315,287249,30886,95847,568000000
Bank loan281,702276,285267,547193,367219,165204,78174,00049,000000000
Trade Creditors 378,312302,164285,549245,522388,381346,376125,309158,890295,083299,963267,403444,719553,294503,334
Group/Directors Accounts00000096,5180000000
other short term finances0000000100,000000000
hp & lease commitments56,03258,72764,43048,66941,33399,201100,00983,430000000
other current liabilities303,81598,69381,35478,46382,961286,74066,19334,267000000
total current liabilities1,019,861735,869698,8801,243,6901,047,1271,186,406548,987473,155295,083299,963267,403444,719553,294503,334
loans6,115,4226,399,3876,677,6934,943,5055,136,8725,327,6342,509,5002,535,7502,399,2502,448,2502,505,7502,460,0002,494,0000
hp & lease commitments055,44278,93024,9656,61434,71864,483129,771000000
Accruals and Deferred Income00000000000000
other liabilities00000000335,027280,680277,519189,273215,5562,986,617
provisions602,315484,898410,185272,877180,708170,888119,580124,357135,796101,42473,16078,24592,06679,632
total long term liabilities6,717,7376,939,7277,166,8085,241,3475,324,1945,533,2402,693,5632,789,8782,870,0732,830,3542,856,4292,727,5182,801,6223,066,249
total liabilities7,737,5987,675,5967,865,6886,485,0376,371,3216,719,6463,242,5503,263,0333,165,1563,130,3173,123,8323,172,2373,354,9163,569,583
net assets4,152,2573,522,3833,154,8562,922,1442,331,7332,206,2002,172,2762,134,1862,283,6462,161,3632,040,2581,996,4551,849,8461,624,915
total shareholders funds4,152,2573,522,3833,154,8562,922,1442,331,7332,206,2002,172,2762,134,1862,283,6462,161,3632,040,2581,996,4551,849,8461,624,915
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit1,431,894911,781676,312988,621541,519316,577216,449117,057312,007318,166218,695358,350392,2712,087,805
Depreciation404,903350,321362,730301,712303,278193,780141,230226,795236,788215,462181,706167,843189,290184,191
Amortisation0000000002,9342,9332,93300
Tax-147,748-86,210-54,587-121,277-29,446-7,957-9,5220-32,506-36,174-13,833-51,511-87,473-584,778
Stock210,733193,295151,783-4,026-72,725112,569-50,388103,0808,06085,693-57,92045,98424,638279,218
Debtors108,4558,987-189,942-4,66921,800178,60426,5482,86252,226-16,277-48,64749,61837,511209,292
Creditors76,14816,61540,027-142,85942,005221,067-33,581-136,193-4,88032,560-177,316-108,57549,960503,334
Accruals and Deferred Income205,12217,3392,891-4,498-203,779220,54731,92634,267000000
Deferred Taxes & Provisions117,41774,713137,30892,1699,82051,308-4,777-11,43934,37228,264-5,085-13,82112,43479,632
Cash flow from operations1,768,5481,082,2771,202,8401,122,563714,322704,149365,565124,545485,495491,796313,667259,617494,3331,781,674
Investing Activities
capital expenditure-253,063-523,773-1,693,672-1,014,484-131,411-3,413,627-182,677-172,709-256,698-270,834-375,827-129,109-212,405-4,615,038
Change in Investments30,021005000000000036
cash flow from investments-283,084-523,773-1,693,672-1,014,534-131,411-3,413,627-182,677-172,709-256,698-270,834-375,827-129,109-212,405-4,615,074
Financing Activities
Bank loans5,4178,73874,180-25,79814,384130,78125,00049,000000000
Group/Directors Accounts00000-96,51896,5180000000
Other Short Term Loans 000000-100,000100,000000000
Long term loans-283,965-278,3061,734,188-193,367-190,7622,818,134-26,250136,500-49,000-57,50045,750-34,0002,494,0000
Hire Purchase and Lease Commitments-58,137-29,19169,72625,687-85,972-30,573-48,709213,201000000
other long term liabilities0000000-335,02754,3473,16188,246-26,283-2,771,0612,986,617
share issue00073,386000-100,00000000121,200
interest-654,272-458,045-389,013-350,319-386,539-274,695-168,837-166,517-157,219-160,886-161,060-160,229-79,867688
cash flow from financing-990,957-756,8041,489,081-470,411-648,8892,547,129-222,278-102,843-151,872-215,225-27,064-220,512-356,9283,108,505
cash and cash equivalents
cash494,507-198,299320,5800000-103,43976,9265,736-89,223-90,005-75,000275,105
overdraft00-677,669362,38265,979162,35039,39047,568000000
change in cash494,507-198,299998,249-362,382-65,979-162,350-39,390-151,00776,9265,736-89,223-90,005-75,000275,105

P&L

March 2023

turnover

3m

+46%

operating profit

1.4m

0%

gross margin

23.6%

-4.61%

turnover

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

Balance Sheet

March 2023

net assets

4.2m

+0.18%

total assets

11.9m

+0.06%

cash

616.9k

+4.04%

net assets

Total assets minus all liabilities

newcome-baker farms limited company details

company number

00591983

Type

Private limited with Share Capital

industry

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

01470 - Raising of poultry

incorporation date

October 1957

age

67

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

wethered manor, sedgeford, hunstanton, norfolk, PE36 5LR

last accounts submitted

March 2023

newcome-baker 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 9 charges/mortgages relating to newcome-baker farms limited. Currently there are 4 open charges and 5 have been satisfied in the past.

charges

newcome-baker farms limited Companies House Filings - See Documents

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