pig improvement company uk limited

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pig improvement company uk limited Company Information

Share PIG IMPROVEMENT COMPANY UK LIMITED

Company Number

00716304

Directors

Denis Noonan

Jurgen Kramer

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Shareholders

pic fyfield ltd

Group Structure

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Industry

Raising of swine/pigs

 

Registered Address

matrix house basing view, basingstoke, hampshire, RG21 4DZ

pig improvement company uk limited Estimated Valuation

£48m

Pomanda estimates the enterprise value of PIG IMPROVEMENT COMPANY UK LIMITED at £48m based on a Turnover of £50.8m and 0.94x industry multiple (adjusted for size and gross margin).

pig improvement company uk limited Estimated Valuation

£196.7m

Pomanda estimates the enterprise value of PIG IMPROVEMENT COMPANY UK LIMITED at £196.7m based on an EBITDA of £24.5m and a 8.02x industry multiple (adjusted for size and gross margin).

pig improvement company uk limited Estimated Valuation

£49.6m

Pomanda estimates the enterprise value of PIG IMPROVEMENT COMPANY UK LIMITED at £49.6m based on Net Assets of £34.4m and 1.44x industry multiple (adjusted for liquidity).

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Pig Improvement Company Uk Limited Overview

Pig Improvement Company Uk Limited is a live company located in hampshire, RG21 4DZ with a Companies House number of 00716304. It operates in the raising of swine/pigs sector, SIC Code 01460. Founded in February 1962, it's largest shareholder is pic fyfield ltd with a 100% stake. Pig Improvement Company Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £50.8m with declining growth in recent years.

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Pig Improvement Company Uk Limited Health Check

Pomanda's financial health check has awarded Pig Improvement Company Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

7 Weak

size

Size

annual sales of £50.8m, make it larger than the average company (£23.7m)

£50.8m - Pig Improvement Company Uk Limited

£23.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (12.2%)

-2% - Pig Improvement Company Uk Limited

12.2% - Industry AVG

production

Production

with a gross margin of 14.9%, this company has a higher cost of product (23.7%)

14.9% - Pig Improvement Company Uk Limited

23.7% - Industry AVG

profitability

Profitability

an operating margin of 44.5% make it more profitable than the average company (10.1%)

44.5% - Pig Improvement Company Uk Limited

10.1% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (37)

11 - Pig Improvement Company Uk Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £158.7k, the company has a higher pay structure (£39.8k)

£158.7k - Pig Improvement Company Uk Limited

£39.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4.6m, this is more efficient (£613.4k)

£4.6m - Pig Improvement Company Uk Limited

£613.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 21 days, this is later than average (15 days)

21 days - Pig Improvement Company Uk Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (36 days)

9 days - Pig Improvement Company Uk Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (96 days)

1 days - Pig Improvement Company Uk Limited

96 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 (8 weeks)

3 weeks - Pig Improvement Company Uk Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.5%, this is a lower level of debt than the average (49.2%)

20.5% - Pig Improvement Company Uk Limited

49.2% - Industry AVG

PIG IMPROVEMENT COMPANY UK LIMITED financials

EXPORTms excel logo

Pig Improvement Company Uk Limited's latest turnover from June 2024 is £50.8 million and the company has net assets of £34.4 million. According to their latest financial statements, Pig Improvement Company Uk Limited has 11 employees and maintains cash reserves of £554 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover50,815,00049,079,00045,588,00054,352,00051,171,00043,109,00034,245,00031,218,00026,521,00023,549,00027,103,00024,850,00026,038,00021,782,00018,913,000
Other Income Or Grants
Cost Of Sales43,250,11245,390,47042,200,13647,075,51844,539,91239,024,37928,257,83827,093,33122,765,68420,125,67722,753,15521,377,58822,038,18719,050,54016,032,426
Gross Profit7,564,8883,688,5303,387,8647,276,4826,631,0884,084,6215,987,1624,124,6693,755,3163,423,3234,349,8453,472,4123,999,8132,731,4602,880,574
Admin Expenses-15,050,112-16,757,470-16,089,136-12,651,518-13,963,912-14,724,379-10,075,838-9,296,331-6,728,684-4,044,677-3,563,155-2,394,588-3,633,187-3,368,540-3,097,426
Operating Profit22,615,00020,446,00019,477,00019,928,00020,595,00018,809,00016,063,00013,421,00010,484,0007,468,0007,913,0005,867,0007,633,0006,100,0005,978,000
Interest Payable37,000101,0006,000298,000906,000500,000342,0001,154,000422,000396,000535,00092,000247,000202,000102,000
Interest Receivable391,000764,000464,000272,000995,000370,000261,000322,000453,000459,000538,00086,000
Pre-Tax Profit23,959,00020,429,00019,528,00021,718,00020,493,0008,740,00014,811,00013,338,00011,072,0007,359,0007,736,0006,129,0007,532,0005,993,0005,708,000
Tax-5,681,000-4,509,000-3,701,000-3,863,000-3,709,000-3,519,000-2,974,000-2,775,000-2,225,000-1,177,000-1,840,000-1,429,000-2,305,000-1,728,000-770,000
Profit After Tax18,278,00015,920,00015,827,00017,855,00016,784,0005,221,00011,837,00010,563,0008,847,0006,182,0005,896,0004,700,0005,227,0004,265,0004,938,000
Dividends Paid30,000,00015,000,00018,000,00012,000,00016,000,0008,000,0005,000,00011,984,000
Retained Profit-11,722,000920,000-2,173,0005,855,000784,000-2,779,00011,837,0005,563,0008,847,000-3,818,0005,896,0004,700,0005,227,0004,265,000-7,046,000
Employee Costs1,746,0001,412,0001,285,0001,783,0002,205,0002,067,0002,162,0002,829,0003,285,0002,675,0003,624,0004,050,0003,939,0003,630,0003,726,000
Number Of Employees111312131413122841495760655859
EBITDA*24,534,00022,367,00021,395,00021,843,00022,574,00020,719,00016,466,00014,040,00011,220,0008,120,0008,522,0005,992,0007,990,0006,597,0006,531,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets31,00038,00055,00030,00038,00044,00026,00041,000714,000855,000887,000727,000762,000721,000579,000
Intangible Assets9,551,00011,459,00013,363,00015,266,00017,169,00019,077,0005,826,0006,027,0006,354,0006,721,0007,087,000155,000
Investments & Other20,907,00022,957,00026,620,00031,959,00025,283,00027,954,00028,670,00031,300,00014,577,00011,742,00010,847,0002,096,0002,076,000415,000594,000
Debtors (Due After 1 year)
Total Fixed Assets30,489,00034,454,00040,038,00047,255,00042,490,00047,075,00034,522,00037,368,00021,645,00019,318,00018,821,0002,823,0002,838,0001,136,0001,328,000
Stock & work in progress194,000200,000232,000210,000245,000288,000219,000203,000319,000347,000245,000180,000187,000219,000191,000
Trade Debtors3,019,0004,471,0004,166,0002,899,0002,795,0003,602,0002,554,0001,827,0001,351,0001,300,0002,547,0002,001,0001,656,0001,610,0001,160,000
Group Debtors4,514,0009,039,0003,615,0005,379,0007,114,0003,706,00014,674,000553,0008,521,0001,689,0002,967,00014,692,00011,579,00011,096,00010,454,000
Misc Debtors4,548,0003,694,0004,006,0003,413,0002,960,000550,0002,244,0001,488,000860,000738,0001,501,0001,315,000820,0001,254,0001,175,000
Cash554,000645,000676,0001,579,000859,0001,065,000556,000806,000663,000660,000812,000530,000469,0001,682,000374,000
misc current assets
total current assets12,829,00018,049,00012,695,00013,480,00013,973,0009,211,00020,247,0004,877,00011,714,0004,734,0008,072,00018,718,00014,711,00015,861,00013,354,000
total assets43,318,00052,503,00052,733,00060,735,00056,463,00056,286,00054,769,00042,245,00033,359,00024,052,00026,893,00021,541,00017,549,00016,997,00014,682,000
Bank overdraft
Bank loan
Trade Creditors 1,170,0001,563,000734,000427,000575,0001,264,000750,000860,000382,000405,000951,000458,000419,000278,000402,000
Group/Directors Accounts2,666,000870,0002,250,0002,086,0002,561,0002,373,0001,810,0001,888,0002,930,0002,989,0002,665,0001,034,0002,769,0002,216,0005,558,000
other short term finances514,0007,105,0001,344,0001,769,000659,000493,000
hp & lease commitments
other current liabilities5,048,0003,656,0003,611,0003,297,0004,057,0003,263,0003,730,0002,216,0002,118,0001,955,0001,915,0002,909,0001,565,0002,770,0001,267,000
total current liabilities8,884,0006,089,0006,595,0006,324,00014,298,0008,244,0008,059,0005,623,0005,923,0005,349,0005,531,0004,401,0004,753,0005,264,0007,227,000
loans1,674,0002,030,0002,017,0002,004,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1,427,0006,474,0002,212,0003,731,000
total long term liabilities139,0001,734,000736,0007,293,0003,260,0005,259,0001,263,000972,0001,674,0002,030,0002,017,0002,004,000
total liabilities8,884,0006,089,0006,734,0008,058,00015,034,00015,537,00011,319,00010,882,0007,186,0006,321,0005,531,0006,075,0006,783,0007,281,0009,231,000
net assets34,434,00046,414,00045,999,00052,677,00041,429,00040,749,00043,450,00031,363,00026,173,00017,731,00021,362,00015,466,00010,766,0009,716,0005,451,000
total shareholders funds34,434,00046,414,00045,999,00052,677,00041,429,00040,749,00043,450,00031,363,00026,173,00017,731,00021,362,00015,466,00010,766,0009,716,0005,451,000
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit22,615,00020,446,00019,477,00019,928,00020,595,00018,809,00016,063,00013,421,00010,484,0007,468,0007,913,0005,867,0007,633,0006,100,0005,978,000
Depreciation10,00017,00015,00012,00090,00015,00014,000292,000369,000286,000301,000125,000357,000342,000321,000
Amortisation1,909,0001,904,0001,903,0001,903,0001,889,0001,895,000389,000327,000367,000366,000308,000155,000232,000
Tax-5,681,000-4,509,000-3,701,000-3,863,000-3,709,000-3,519,000-2,974,000-2,775,000-2,225,000-1,177,000-1,840,000-1,429,000-2,305,000-1,728,000-770,000
Stock-6,000-32,00022,000-35,000-43,00069,00016,000-116,000-28,000102,00065,000-7,000-32,00028,000191,000
Debtors-5,123,0005,417,00096,000-1,178,0005,011,000-11,614,00015,604,000-6,864,0007,005,000-3,288,000-10,993,0003,953,00095,0001,171,00012,789,000
Creditors-393,000829,000307,000-148,000-689,000514,000-110,000478,000-23,000-546,000493,00039,000141,000-124,000402,000
Accruals and Deferred Income1,392,00045,000314,000-760,000794,000-467,0001,514,00098,000163,00040,000-994,0001,344,000-1,205,0001,503,0001,267,000
Deferred Taxes & Provisions-1,427,0001,427,000-6,474,0004,262,000-1,519,0003,731,000
Cash flow from operations24,981,00013,347,00016,770,00019,712,0007,528,00033,054,000-2,243,00022,552,0002,158,0009,623,00017,109,0002,000,0004,558,0005,049,000-5,550,000
Investing Activities
capital expenditure-4,000-40,000-4,000-65,000-15,179,000-187,000381,000-228,000-254,000-7,856,000-90,000-398,000-484,000-1,287,000
Change in Investments-2,050,000-3,663,000-5,339,0006,676,000-2,671,000-716,000-2,630,00016,723,0002,835,000895,0008,751,00020,0001,661,000-179,000594,000
cash flow from investments2,046,0003,663,0005,299,000-6,680,0002,606,000-14,463,0002,443,000-16,342,000-3,063,000-1,149,000-16,607,000-110,000-2,059,000-305,000-1,881,000
Financing Activities
Bank loans
Group/Directors Accounts1,796,000-1,380,000164,000-475,000188,000563,000-78,000-1,042,000-59,000324,0001,631,000-1,735,000553,000-3,342,0005,558,000
Other Short Term Loans -514,000-6,591,0005,761,000-425,0001,110,000166,000493,000
Long term loans-1,674,000-356,00013,00013,0002,004,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue-258,000-505,000-4,505,0005,393,000-104,00078,000250,000-373,000-405,000187,000-4,177,00012,497,000
interest-37,000-101,000-6,00093,000-142,000-36,000-70,000-159,000-52,000-135,000-213,000361,000212,000336,000-16,000
cash flow from financing1,501,000-1,986,000-4,861,000-1,580,0005,703,000180,0001,212,000-1,408,000-23,000376,000-256,000-1,730,000-3,399,000-2,993,00020,043,000
cash and cash equivalents
cash-91,000-31,000-903,000720,000-206,000509,000-250,000143,0003,000-152,000282,00061,000-1,213,0001,308,000374,000
overdraft
change in cash-91,000-31,000-903,000720,000-206,000509,000-250,000143,0003,000-152,000282,00061,000-1,213,0001,308,000374,000

pig improvement company uk limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pig Improvement Company Uk Limited Competitor Analysis

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Perform a competitor analysis for pig improvement company uk limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other large companies, companies in RG21 area or any other competitors across 12 key performance metrics.

pig improvement company uk limited Ownership

PIG IMPROVEMENT COMPANY UK LIMITED group structure

Pig Improvement Company Uk Limited has no subsidiary companies.

Ultimate parent company

2 parents

PIG IMPROVEMENT COMPANY UK LIMITED

00716304

PIG IMPROVEMENT COMPANY UK LIMITED Shareholders

pic fyfield ltd 100%

pig improvement company uk limited directors

Pig Improvement Company Uk Limited currently has 4 directors. The longest serving directors include Mr Denis Noonan (May 2010) and Mr Jurgen Kramer (Apr 2016).

officercountryagestartendrole
Mr Denis NoonanEngland59 years May 2010- Director
Mr Jurgen Kramer58 years Apr 2016- Director
Mrs Alison Henriksen57 years Jan 2020- Director
Mr Jorgen KokkeUnited Kingdom56 years Jul 2023- Director

P&L

June 2024

turnover

50.8m

+4%

operating profit

22.6m

+11%

gross margin

14.9%

+98.09%

turnover

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

Balance Sheet

June 2024

net assets

34.4m

-0.26%

total assets

43.3m

-0.17%

cash

554k

-0.14%

net assets

Total assets minus all liabilities

pig improvement company uk limited company details

company number

00716304

Type

Private limited with Share Capital

industry

01460 - Raising of swine/pigs

incorporation date

February 1962

age

63

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

June 2024

previous names

pig improvement company limited(the) (November 1992)

pig improvement company limited (September 1982)

accountant

-

auditor

-

address

matrix house basing view, basingstoke, hampshire, RG21 4DZ

Bank

BARCLAYS BANK PLC

Legal Advisor

MORGAN COLE

pig improvement company uk 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 pig improvement company uk limited. Currently there are 0 open charges and 4 have been satisfied in the past.

pig improvement company uk 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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pig improvement company uk limited Companies House Filings - See Documents

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