Loakes Ltd

POWER SEARCH PRICING

SOLUTIONS

loakes ltd Company Information

Live

MatureMicroDeclining

Company Number

00751486

Website

http://manorfarmbirdseed.co.uk

Registered Address

west runton village store & post, 40 cromer road, cromer, norfolk, NR27 9AD

Industry

Postal activities under universal service obligation

Retail sale in non-specialised stores with food, beverages or tobacco predominating

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Stuart Loakes32 Years

Andrea Loakes16 Years

Shareholders

andrea gail loakes 44%

stuart james loakes 44%

View All

loakes ltd Estimated Valuation

£767.7k

Pomanda estimates the enterprise value of LOAKES LTD at £767.7k based on Net Assets of £299.8k and 2.56x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Loakes Ltd is a live company located in cromer, NR27 9AD with a Companies House number of 00751486. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in February 1963, it's largest shareholder is andrea gail loakes with a 44% stake. Loakes Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £320.6k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Loakes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

2 Regular

8 Weak

Size

annual sales of £320.6k, make it smaller than the average company (£726.6k)

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (5.9%)

EXPORT

Loakes Ltd's latest turnover from March 2023 is estimated at £320.6 thousand and the company has net assets of £299.8 thousand. According to their latest financial statements, Loakes Ltd has 6 employees and maintains cash reserves of £36.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	320,576	303,671	474,163	486,749	667,138	735,724	473,169	1,139,447	811,674	776,089	2,480,862	3,203,788	3,014,039	2,500,514
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	244,133	217,625	361,936	387,514	540,066	607,998	389,113	908,224	635,236	630,985	1,886,223	2,461,627	2,324,701	1,910,676
Gross Profit	76,443	86,046	112,228	99,234	127,072	127,726	84,057	231,224	176,438	145,103	594,639	742,161	689,338	589,839
Admin Expenses	72,181	78,712	98,870	88,800	146,222	150,727	115,447	-107,575	213,184	141,824	626,527	721,871	660,161	409,268
Operating Profit	4,262	7,334	13,358	10,434	-19,150	-23,001	-31,390	338,799	-36,746	3,279	-31,888	20,290	29,177	180,571
Interest Payable	3,216	3,637	3,875	3,610	2,113	0	4,671	4,858	61	469	1,439	2,084	3,737	2,685
Interest Receivable	1,526	251	20	11	448	786	262	8	11	28	35	17	15	9
Pre-Tax Profit	2,572	3,948	9,504	6,836	-20,815	-22,215	-35,799	333,949	-36,796	2,838	-33,292	18,223	25,454	177,896
Tax	-489	-750	-1,806	-1,299	0	0	0	-66,790	0	-653	0	-4,738	-7,127	-49,811
Profit After Tax	2,083	3,198	7,698	5,537	-20,815	-22,215	-35,799	267,159	-36,796	2,185	-33,292	13,485	18,327	128,085
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	2,083	3,198	7,698	5,537	-20,815	-22,215	-35,799	267,159	-36,796	2,185	-33,292	13,485	18,327	128,085
Employee Costs	167,593	137,239	128,257	144,554	154,469	201,432	177,277	180,989	141,791	114,593	423,784	543,863	522,186	423,044
Number Of Employees	6	5	5	6	6	7	6	6	6	5	20	26	27	22
EBITDA*	36,295	40,343	49,860	31,475	10,476	7,711	-12,419	351,247	-22,637	16,792	-9,776	42,955	54,002	206,753

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	523,129	541,102	563,111	551,753	556,710	498,082	381,140	3,627	412,611	414,044	461,483	471,242	489,160	509,443
Intangible Assets	26,000	34,000	42,000	50,000	56,000	64,000	72,000	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	549,129	575,102	605,111	601,753	612,710	562,082	453,140	3,627	412,611	414,044	461,483	471,242	489,160	509,443
Stock & work in progress	38,833	33,787	27,086	25,046	28,516	20,784	21,504	0	48,737	48,444	172,790	219,224	207,310	157,025
Trade Debtors	632	0	0	0	0	0	0	516	32,636	54,840	53,161	69,799	72,427	50,023
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	2,950	1,683	0	13,857	10,005	637,182	0	0	0	0	0	0
Cash	36,811	34,982	31,976	7,918	13,895	105,517	208,969	426	2,748	1,702	9,479	4,443	2,309	3,543
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	76,276	68,769	62,012	34,647	42,411	140,158	240,478	638,124	84,121	104,986	235,430	293,466	282,046	210,591
total assets	625,405	643,871	667,123	636,400	655,121	702,240	693,618	641,751	496,732	519,030	696,913	764,708	771,206	720,034
Bank overdraft	0	0	0	0	0	0	0	45,315	0	0	0	0	0	0
Bank loan	10,585	10,193	11,066	9,453	9,189	0	0	104,161	0	0	0	0	0	0
Trade Creditors	5,172	4,947	2,038	80	8,666	39,230	284	9,994	152,887	99,951	234,901	231,688	214,454	192,126
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	284,118	294,845	293,525	293,715	291,867	358,091	366,200	122,127	0	0	0	0	0	0
total current liabilities	299,875	309,985	306,629	303,248	309,722	397,321	366,484	281,597	152,887	99,951	234,901	231,688	214,454	192,126
loans	15,695	26,280	60,224	46,290	53,413	0	0	0	0	1,882	12,547	31,719	32,391	82,600
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	101,271	131,163	154,573	167,672	198,063	134,174
provisions	9,994	9,848	5,710	0	10,661	2,779	2,779	0	28,675	33,455	41,180	43,341	46,056	40,992
total long term liabilities	25,689	36,128	65,934	46,290	64,074	2,779	2,779	0	129,946	166,500	208,300	242,732	276,510	257,766
total liabilities	325,564	346,113	372,563	349,538	373,796	400,100	369,263	281,597	282,833	266,451	443,201	474,420	490,964	449,892
net assets	299,841	297,758	294,560	286,862	281,325	302,140	324,355	360,154	213,899	252,579	253,712	290,288	280,242	270,142
total shareholders funds	299,841	297,758	294,560	286,862	281,325	302,140	324,355	360,154	213,899	252,579	253,712	290,288	280,242	270,142

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	4,262	7,334	13,358	10,434	-19,150	-23,001	-31,390	338,799	-36,746	3,279	-31,888	20,290	29,177	180,571
Depreciation	24,033	25,009	28,502	15,041	21,626	22,712	10,971	12,448	14,109	13,513	22,112	22,665	24,825	26,182
Amortisation	8,000	8,000	8,000	6,000	8,000	8,000	8,000	0	0	0	0	0	0	0
Tax	-489	-750	-1,806	-1,299	0	0	0	-66,790	0	-653	0	-4,738	-7,127	-49,811
Stock	5,046	6,701	2,040	-3,470	7,732	-720	21,504	-48,737	293	-124,346	-46,434	11,914	50,285	157,025
Debtors	632	-2,950	1,267	1,683	-13,857	3,852	-627,693	605,062	-22,204	1,679	-16,638	-2,628	22,404	50,023
Creditors	225	2,909	1,958	-8,586	-30,564	38,946	-9,710	-142,893	52,936	-134,950	3,213	17,234	22,328	192,126
Accruals and Deferred Income	-10,727	1,320	-190	1,848	-66,224	-8,109	244,073	122,127	0	0	0	0	0	0
Deferred Taxes & Provisions	146	4,138	5,710	-10,661	7,882	0	2,779	-28,675	-4,780	-7,725	-2,161	-2,715	5,064	40,992
Cash flow from operations	19,772	44,209	52,225	14,564	-72,305	35,416	830,912	-321,309	47,430	-3,869	54,348	43,450	1,578	183,012
Investing Activities
capital expenditure	-6,060	-3,000	-39,860	-10,084	-80,254	-139,654	-468,484	396,536	-12,676	33,926	-12,353	-4,747	-4,542	-535,625
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-6,060	-3,000	-39,860	-10,084	-80,254	-139,654	-468,484	396,536	-12,676	33,926	-12,353	-4,747	-4,542	-535,625
Financing Activities
Bank loans	392	-873	1,613	264	9,189	0	-104,161	104,161	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-10,585	-33,944	13,934	-7,123	53,413	0	0	0	-1,882	-10,665	-19,172	-672	-50,209	82,600
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-101,271	-29,892	-23,410	-13,099	-30,391	63,889	134,174
share issue	0	0	0	0	0	0	0	-120,904	-1,884	-3,318	-3,284	-3,439	-8,227	142,057
interest	-1,690	-3,386	-3,855	-3,599	-1,665	786	-4,409	-4,850	-50	-441	-1,404	-2,067	-3,722	-2,676
cash flow from financing	-11,883	-38,203	11,692	-10,458	60,937	786	-108,570	-122,864	-33,708	-37,834	-36,959	-36,569	1,731	356,155
cash and cash equivalents
cash	1,829	3,006	24,058	-5,977	-91,622	-103,452	208,543	-2,322	1,046	-7,777	5,036	2,134	-1,234	3,543
overdraft	0	0	0	0	0	0	-45,315	45,315	0	0	0	0	0	0
change in cash	1,829	3,006	24,058	-5,977	-91,622	-103,452	253,858	-47,637	1,046	-7,777	5,036	2,134	-1,234	3,543

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for loakes ltd. Get real-time insights into loakes ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for loakes ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

LOAKES LTD group structure

Loakes Ltd has no subsidiary companies.

Ultimate parent company

LOAKES LTD

00751486

LOAKES LTD Shareholders

andrea gail loakes	43.96%
stuart james loakes	43.96%
executors of barbara loakes	12.09%

Loakes Ltd currently has 2 directors. The longest serving directors include Mr Stuart Loakes (Jul 1991) and Ms Andrea Loakes (Nov 2007).

officer	country	age	start	end	role
Mr Stuart Loakes	England	63 years	Jul 1991	-	Director
Ms Andrea Loakes		57 years	Nov 2007	-	Director

P&L

March 2023

turnover

320.6k

+6%

operating profit

4.3k

gross margin

23.9%

-15.84%

turnover

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

Balance Sheet

March 2023

net assets

299.8k

+0.01%

total assets

625.4k

-0.03%

cash

36.8k

+0.05%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

unilake limited

hsba limited

2.5

tazz (london) limited

1.5

ba retail 2014 ltd

bolas 1 limited

company number

00751486

Type

Private limited with Share Capital

industry

53100 - Postal activities under universal service obligation

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

February 1963

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

manor farm bird seed and country store ltd. (September 2016)

r.c.g. loakes & son limited (April 2013)

incorporated

address

west runton village store & post, 40 cromer road, cromer, norfolk, NR27 9AD

last accounts submitted

March 2023

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 3 charges/mortgages relating to loakes ltd. Currently there are 0 open charges and 3 have been satisfied in the past.

loakes ltd Company Information

loakes ltd Estimated Valuation

loakes ltd Estimated Valuation

loakes ltd Estimated Valuation

Loakes Ltd Overview

Loakes Ltd Health Check

LOAKES LTD financials

loakes ltd Credit Report and Business Information

Loakes Ltd Competitor Analysis

loakes ltd Ownership

loakes ltd directors

loakes ltd company details

loakes ltd Charges & Mortgages

loakes ltd Companies House Filings - See Documents