Michael H Keene & Son Limited

POWER SEARCH PRICING

SOLUTIONS

michael h keene & son limited Company Information

Live

MatureSmallHealthy

Company Number

00760415

Website

http://highnambusinesscentre.co.uk

Registered Address

the moat, anthonys cross, newent, glos, GL18 1JG

Industry

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

Growing of other tree and bush fruits and nuts

Telephone

01531820363

Next Accounts Due

December 2024

Group Structure

View All

Directors

Megan Keene33 Years

Edward Keene32 Years

Shareholders

edward michael keene 68%

megan ann keene 32%

View All

michael h keene & son limited Estimated Valuation

£12.2m

Pomanda estimates the enterprise value of MICHAEL H KEENE & SON LIMITED at £12.2m based on Net Assets of £8.9m and 1.38x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Michael H Keene & Son Limited is a live company located in newent, GL18 1JG with a Companies House number of 00760415. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in May 1963, it's largest shareholder is edward michael keene with a 68% stake. Michael H Keene & Son Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Michael H Keene & Son Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

2 Strong

5 Regular

5 Weak

Size

annual sales of £1.6m, make it smaller than the average company (£14.1m)

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.1%)

EXPORT

Michael H Keene & Son Limited's latest turnover from March 2023 is estimated at £1.6 million and the company has net assets of £8.9 million. According to their latest financial statements, Michael H Keene & Son Limited has 17 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	1,565,191	1,796,925	2,728,033	1,231,034	942,815	1,027,944	1,324,897	708,400	5,007,685	2,066,224	2,282,590	1,525,138	2,387,980	1,590,794
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,254,099	1,350,920	2,011,119	891,942	704,798	774,004	960,979	554,667	3,685,344	1,407,620	1,582,482	1,051,022	1,670,523	1,115,780
Gross Profit	311,092	446,005	716,914	339,092	238,016	253,940	363,917	153,733	1,322,342	658,605	700,109	474,116	717,457	475,014
Admin Expenses	-36,323	-112,195	171,276	-1,682,866	-59,797	-109,895	-1,444,327	-273,652	915,285	426,654	558,562	221,811	504,420	-1,647,737
Operating Profit	347,415	558,200	545,638	2,021,958	297,813	363,835	1,808,244	427,385	407,057	231,951	141,547	252,305	213,037	2,122,751
Interest Payable	198,059	139,195	143,226	156,299	178,017	188,456	210,412	167,538	94,969	91,394	109,255	126,377	79,751	16,563
Interest Receivable	3,479	616	104	105	706	1,667	608	17	213	211	13	11	15	9
Pre-Tax Profit	152,835	419,621	402,516	1,865,764	120,502	177,046	1,598,440	259,864	312,301	140,768	32,305	125,939	133,300	2,106,197
Tax	-29,039	-79,728	-76,478	-354,495	-22,895	-33,639	-319,688	-51,973	-65,583	-32,377	-7,753	-32,744	-37,324	-589,735
Profit After Tax	123,796	339,893	326,038	1,511,269	97,607	143,407	1,278,752	207,891	246,718	108,391	24,552	93,195	95,976	1,516,462
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	123,796	339,893	326,038	1,511,269	97,607	143,407	1,278,752	207,891	246,718	108,391	24,552	93,195	95,976	1,516,462
Employee Costs	528,901	528,317	463,126	406,107	454,598	466,849	428,604	432,096	1,941,777	806,169	910,788	536,026	828,733	610,425
Number Of Employees	17	18	17	16	17	19	19	18	81	35	42	25	36	26
EBITDA*	625,917	797,440	810,593	2,305,366	650,874	669,145	2,072,251	633,496	635,847	494,631	382,677	535,202	454,805	2,337,291

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	7,090,885	6,786,056	4,388,638	4,685,713	5,316,119	5,329,006	5,318,511	4,970,672	5,116,764	5,109,834	4,830,307	5,039,513	5,051,905	5,111,589
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	2,102	2,102	2,102	2,102	2,504,242	2,502,002	2,502,002	2,502,002	2,002	2,002	2,002	2,002	2,002	2,002
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	7,092,987	6,788,158	4,390,740	4,687,815	7,820,361	7,831,008	7,820,513	7,472,674	5,118,766	5,111,836	4,832,309	5,041,515	5,053,907	5,113,591
Stock & work in progress	449,684	208,317	213,323	372,557	352,279	346,315	197,248	242,709	177,286	148,774	195,266	265,323	166,370	176,873
Trade Debtors	98,286	245,401	451,821	81,323	14,367	1,202	135,664	9,188	454,957	114,696	125,675	42,276	193,591	55,900
Group Debtors	3,634,840	3,665,908	3,498,455	3,319,396	0	0	0	0	0	0	0	0	0	0
Misc Debtors	67,466	86,773	55,880	45,096	59,706	21,672	46,577	36,958	0	0	0	0	0	0
Cash	1,981	161,717	2,459	206,110	4,775	183,548	483,382	2,791	3,859	81,305	3,085	2,225	2,208	3,609
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	4,252,257	4,368,116	4,221,938	4,024,482	431,127	552,737	862,871	291,646	636,102	344,775	324,026	309,824	362,169	236,382
total assets	11,345,244	11,156,274	8,612,678	8,712,297	8,251,488	8,383,745	8,683,384	7,764,320	5,754,868	5,456,611	5,156,335	5,351,339	5,416,076	5,349,973
Bank overdraft	270,333	181,000	156,746	1,167,152	241,606	195,967	481,128	257,970	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	121,007	99,038	56,819	154,366	123,405	194,832	161,748	50,596	831,412	620,941	642,592	616,171	627,280	607,654
Group/Directors Accounts	108,639	43,291	68,062	38,111	58,986	62,887	67,525	61,407	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	19,434	0	19,674	23,609	0	28,771	58,265	32,333	0	0	0	0	0	0
other current liabilities	171,515	175,820	191,774	110,792	116,094	116,127	108,009	120,619	0	0	0	0	0	0
total current liabilities	690,928	499,149	493,075	1,494,030	540,091	598,584	876,675	522,925	831,412	620,941	642,592	616,171	627,280	607,654
loans	1,622,811	1,790,418	1,996,137	1,375,913	2,339,890	2,497,109	2,624,454	3,369,623	1,527,409	1,394,709	1,417,424	1,944,257	1,944,257	509,629
hp & lease commitments	19,434	0	0	19,674	0	0	28,771	0	0	0	0	0	0	0
Accruals and Deferred Income	23,244	37,196	51,148	65,100	79,052	93,004	90,343	100,972	111,600	122,228	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	770,493	1,066,797	946,074	665,918	809,241	2,307,868
provisions	104,600	69,100	51,800	63,100	273,600	273,800	285,300	271,711	58,400	43,100	49,800	49,100	52,600	38,100
total long term liabilities	1,770,089	1,896,714	2,099,085	1,523,787	2,692,542	2,863,913	3,028,868	3,742,306	2,467,902	2,626,834	2,413,298	2,659,275	2,806,098	2,855,597
total liabilities	2,461,017	2,395,863	2,592,160	3,017,817	3,232,633	3,462,497	3,905,543	4,265,231	3,299,314	3,247,775	3,055,890	3,275,446	3,433,378	3,463,251
net assets	8,884,227	8,760,411	6,020,518	5,694,480	5,018,855	4,921,248	4,777,841	3,499,089	2,455,554	2,208,836	2,100,445	2,075,893	1,982,698	1,886,722
total shareholders funds	8,884,227	8,760,411	6,020,518	5,694,480	5,018,855	4,921,248	4,777,841	3,499,089	2,455,554	2,208,836	2,100,445	2,075,893	1,982,698	1,886,722

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	347,415	558,200	545,638	2,021,958	297,813	363,835	1,808,244	427,385	407,057	231,951	141,547	252,305	213,037	2,122,751
Depreciation	278,502	239,240	264,955	283,408	353,061	305,310	264,007	206,111	228,790	262,680	241,130	282,897	241,768	214,540
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-29,039	-79,728	-76,478	-354,495	-22,895	-33,639	-319,688	-51,973	-65,583	-32,377	-7,753	-32,744	-37,324	-589,735
Stock	241,367	-5,006	-159,234	20,278	5,964	149,067	-45,461	65,423	28,512	-46,492	-70,057	98,953	-10,503	176,873
Debtors	-197,490	-8,074	560,341	3,371,742	51,199	-159,367	136,095	-408,811	340,261	-10,979	83,399	-151,315	137,691	55,900
Creditors	21,969	42,219	-97,547	30,961	-71,427	33,084	111,152	-780,816	210,471	-21,651	26,421	-11,109	19,626	607,654
Accruals and Deferred Income	-18,257	-29,906	67,030	-19,254	-13,985	10,779	-23,239	109,991	-10,628	122,228	0	0	0	0
Deferred Taxes & Provisions	35,500	17,300	-11,300	-210,500	-200	-11,500	13,589	213,311	15,300	-6,700	700	-3,500	14,500	38,100
Cash flow from operations	592,213	760,405	291,191	-1,639,942	485,204	678,169	1,763,431	467,397	416,634	613,602	388,703	540,211	324,419	2,160,537
Investing Activities
capital expenditure	-583,331	-2,636,658	32,120	346,998	-340,174	-315,805	-611,846	-60,019	-235,720	-542,207	-31,924	-270,505	-182,084	-5,326,129
Change in Investments	0	0	0	-2,502,140	2,240	0	0	2,500,000	0	0	0	0	0	2,002
cash flow from investments	-583,331	-2,636,658	32,120	2,849,138	-342,414	-315,805	-611,846	-2,560,019	-235,720	-542,207	-31,924	-270,505	-182,084	-5,328,131
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	65,348	-24,771	29,951	-20,875	-3,901	-4,638	6,118	61,407	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	-167,607	-205,719	620,224	-963,977	-157,219	-127,345	-745,169	1,842,214	132,700	-22,715	-526,833	0	1,434,628	509,629
Hire Purchase and Lease Commitments	38,868	-19,674	-23,609	43,283	-28,771	-58,265	54,703	32,333	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-770,493	-296,304	120,723	280,156	-143,323	-1,498,627	2,307,868
share issue	20	2,400,000	0	-835,644	0	0	0	835,644	0	0	0	0	0	370,260
interest	-194,580	-138,579	-143,122	-156,194	-177,311	-186,789	-209,804	-167,521	-94,756	-91,183	-109,242	-126,366	-79,736	-16,554
cash flow from financing	-257,951	2,011,257	483,444	-1,933,407	-367,202	-377,037	-894,152	1,833,584	-258,360	6,825	-355,919	-269,689	-143,735	3,171,203
cash and cash equivalents
cash	-159,736	159,258	-203,651	201,335	-178,773	-299,834	480,591	-1,068	-77,446	78,220	860	17	-1,401	3,609
overdraft	89,333	24,254	-1,010,406	925,546	45,639	-285,161	223,158	257,970	0	0	0	0	0	0
change in cash	-249,069	135,004	806,755	-724,211	-224,412	-14,673	257,433	-259,038	-77,446	78,220	860	17	-1,401	3,609

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for michael h keene & son limited. Get real-time insights into michael h keene & son limited'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 michael h keene & son limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in GL18 area or any other competitors across 12 key performance metrics.

MICHAEL H KEENE & SON LIMITED group structure

Michael H Keene & Son Limited has 1 subsidiary company.

Ultimate parent company

MICHAEL H KEENE & SON LIMITED

00760415

1 subsidiary

MICHAEL H KEENE & SON SERVICES LIMITED

12336149

MICHAEL H KEENE & SON LIMITED Shareholders

edward michael keene	68.04%
megan ann keene	31.96%
trustees of the ann keene granddaughter's settlement 2022	0%
trustees of the ann keene grandson's settlement 2022	0%

Michael H Keene & Son Limited currently has 2 directors. The longest serving directors include Mrs Megan Keene (Aug 1991) and Mr Edward Keene (Apr 1992).

officer	country	age	start	end	role
Mrs Megan Keene		84 years	Aug 1991	-	Director
Mr Edward Keene	United Kingdom	56 years	Apr 1992	-	Director

P&L

March 2023

turnover

1.6m

-13%

operating profit

347.4k

gross margin

19.9%

-19.92%

turnover

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

Balance Sheet

March 2023

net assets

8.9m

+0.01%

total assets

11.3m

+0.02%

cash

-0.99%

net assets

Total assets minus all liabilities

Similar Companies

r.g. walter & son (wheatley) limited

teilo properties limited

w.a.johnson & son (evesham) limited

mee contracting limited

newchurch farms limited

3.5

company number

00760415

Type

Private limited with Share Capital

industry

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

01250 - Growing of other tree and bush fruits and nuts

incorporation date

May 1963

ultimate parent company

None

previous names

keene and clive limited (April 1992)

address

the moat, anthonys cross, newent, glos, GL18 1JG

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 11 charges/mortgages relating to michael h keene & son limited. Currently there are 11 open charges and 0 have been satisfied in the past.

michael h keene & son limited Company Information

michael h keene & son limited Estimated Valuation

michael h keene & son limited Estimated Valuation

michael h keene & son limited Estimated Valuation

Michael H Keene & Son Limited Overview

Michael H Keene & Son Limited Health Check

MICHAEL H KEENE & SON LIMITED financials

michael h keene & son limited Credit Report and Business Information

Michael H Keene & Son Limited Competitor Analysis

michael h keene & son limited Ownership

michael h keene & son limited directors

michael h keene & son limited company details

michael h keene & son limited Charges & Mortgages

michael h keene & son limited Companies House Filings - See Documents