m.a.hardy limited

m.a.hardy limited Company Information

Share M.A.HARDY LIMITED
Live 
MatureSmallLow

Company Number

00780817

Industry

Other accommodation

 

Mixed farming

 
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Directors

Michael Hardy

Ian Hardy

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Shareholders

m.a. hardy

i.c. hardy

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Group Structure

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Contact

Registered Address

new farm port road west, barry, south glamorgan, CF62 3BT

m.a.hardy limited Estimated Valuation

£348.7k

Pomanda estimates the enterprise value of M.A.HARDY LIMITED at £348.7k based on a Turnover of £531.3k and 0.66x industry multiple (adjusted for size and gross margin).

m.a.hardy limited Estimated Valuation

£0

Pomanda estimates the enterprise value of M.A.HARDY LIMITED at £0 based on an EBITDA of £-14.3k and a 4.59x industry multiple (adjusted for size and gross margin).

m.a.hardy limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of M.A.HARDY LIMITED at £1.5m based on Net Assets of £1m and 1.48x industry multiple (adjusted for liquidity).

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M.a.hardy Limited Overview

M.a.hardy Limited is a live company located in south glamorgan, CF62 3BT with a Companies House number of 00780817. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in November 1963, it's largest shareholder is m.a. hardy with a 30.9% stake. M.a.hardy Limited is a mature, small sized company, Pomanda has estimated its turnover at £531.3k with low growth in recent years.

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M.a.hardy Limited Health Check

Pomanda's financial health check has awarded M.A.Hardy Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

8 Weak

size

Size

annual sales of £531.3k, make it smaller than the average company (£2.8m)

£531.3k - M.a.hardy Limited

£2.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.3%)

1% - M.a.hardy Limited

8.3% - Industry AVG

production

Production

with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)

38.3% - M.a.hardy Limited

38.3% - Industry AVG

profitability

Profitability

an operating margin of -6.1% make it less profitable than the average company (7.6%)

-6.1% - M.a.hardy Limited

7.6% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (27)

5 - M.a.hardy Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)

£30.7k - M.a.hardy Limited

£30.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.3k, this is equally as efficient (£115.1k)

£106.3k - M.a.hardy Limited

£115.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (24 days)

10 days - M.a.hardy Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (32 days)

9 days - M.a.hardy Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 390 days, this is more than average (66 days)

390 days - M.a.hardy Limited

66 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (40 weeks)

0 weeks - M.a.hardy Limited

40 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.6%, this is a higher level of debt than the average (39.5%)

46.6% - M.a.hardy Limited

39.5% - Industry AVG

M.A.HARDY LIMITED financials

EXPORTms excel logo

M.A.Hardy Limited's latest turnover from March 2024 is estimated at £531.3 thousand and the company has net assets of £1 million. According to their latest financial statements, M.A.Hardy Limited has 5 employees and maintains cash reserves of £1.5 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
Turnover531,253598,960434,431520,551507,933450,713481,705381,715422,9961,175,786884,755706,255554,684477,574691,930
Other Income Or Grants000000000000000
Cost Of Sales327,619358,367279,904346,414334,246285,223295,573231,311255,475696,014524,941403,705303,169264,135382,255
Gross Profit203,634240,593154,527174,137173,687165,490186,132150,404167,521479,771359,815302,549251,515213,439309,676
Admin Expenses236,022173,353155,431196,821197,19093,644209,131141,458266,604543,957390,448273,323235,968183,133-5,220
Operating Profit-32,38867,240-904-22,684-23,50371,846-22,9998,946-99,083-64,186-30,63329,22615,54730,306314,896
Interest Payable73,29251,87626,78826,14126,58727,56724,69324,98514,298000000
Interest Receivable635411210001100000
Pre-Tax Profit-105,61715,419-27,681-48,823-50,08944,279-47,692-16,039-113,380-64,185-30,63329,22615,54730,306314,896
Tax0-2,930000-8,41300000-7,014-4,042-8,486-88,171
Profit After Tax-105,61712,489-27,681-48,823-50,08935,866-47,692-16,039-113,380-64,185-30,63322,21211,50521,820226,725
Dividends Paid000000000000000
Retained Profit-105,61712,489-27,681-48,823-50,08935,866-47,692-16,039-113,380-64,185-30,63322,21211,50521,820226,725
Employee Costs153,298141,969136,278129,649128,172126,059146,779146,693152,115416,493303,195252,384195,956167,847258,861
Number Of Employees5555556661612108711
EBITDA*-14,30595,93328,9255,7337,486105,47522,13453,010-38,297-4,03727,38869,57956,96658,035346,876

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,511,3771,527,9851,554,6831,539,0121,565,8891,594,8241,614,5531,602,3301,608,397482,321306,437283,056273,893247,219274,398
Intangible Assets00001,5403,5945,64800000000
Investments & Other000000000000315315315
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,511,3771,527,9851,554,6831,539,0121,567,4291,598,4181,620,2011,602,3301,608,397482,321306,437283,056274,208247,534274,713
Stock & work in progress350,067367,312330,252340,601376,162363,666305,618315,280291,806337,476318,342352,493256,718261,862243,092
Trade Debtors14,92430,7099,86814,88714,46913,25724,2547,05514,01941,57238,7304,63223,0064,30827,511
Group Debtors000000000000000
Misc Debtors8,8525,1751,6181,4782,1462,16002504,257000000
Cash1,5049051,6241,2302,30625248212112181813100
misc current assets000000000000000
total current assets375,347404,101343,362358,196395,083379,108329,896322,667310,203379,169357,153357,206279,755266,170270,603
total assets1,886,7241,932,0861,898,0451,897,2081,962,5121,977,5261,950,0971,924,9971,918,600861,490663,590640,262553,963513,704545,316
Bank overdraft379,935355,330341,130351,963455,106416,605400,190359,594439,926000000
Bank loan000000000000000
Trade Creditors 8,92519,38813,30530,80018,72322,52936,09733,97344,918488,706302,969277,085207,384196,186253,087
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments6,1029,6220000000000000
other current liabilities175,033156,771369,987335,798311,213310,833305,518240,91792,605000000
total current liabilities569,995541,111724,422718,561785,042749,967741,805634,484577,449488,706302,969277,085207,384196,186253,087
loans302,588265,11550,63050,00000000000000
hp & lease commitments6,30312,4050000000000000
Accruals and Deferred Income000000000000000
other liabilities0022,02700016,59951,12885,727144,84068,49240,41546,02928,47325,004
provisions000000000000000
total long term liabilities308,891277,52072,65750,0000016,59951,12885,727144,84068,49240,41546,02928,47325,004
total liabilities878,886818,631797,079768,561785,042749,967758,404685,612663,176633,546371,461317,500253,413224,659278,091
net assets1,007,8381,113,4551,100,9661,128,6471,177,4701,227,5591,191,6931,239,3851,255,424227,944292,129322,762300,550289,045267,225
total shareholders funds1,007,8381,113,4551,100,9661,128,6471,177,4701,227,5591,191,6931,239,3851,255,424227,944292,129322,762300,550289,045267,225
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-32,38867,240-904-22,684-23,50371,846-22,9998,946-99,083-64,186-30,63329,22615,54730,306314,896
Depreciation18,08328,69329,82926,87728,93531,57545,13344,06460,78660,14958,02140,35341,41927,72931,980
Amortisation0001,5402,0542,054000000000
Tax0-2,930000-8,41300000-7,014-4,042-8,486-88,171
Stock-17,24537,060-10,349-35,56112,49658,048-9,66223,474-45,67019,134-34,15195,775-5,14418,770243,092
Debtors-12,10824,398-4,879-2501,198-8,83716,949-10,971-23,2962,84234,098-18,37418,698-23,20327,511
Creditors-10,4636,083-17,49512,077-3,806-13,5682,124-10,945-443,788185,73725,88469,70111,198-56,901253,087
Accruals and Deferred Income18,262-213,21634,18924,5853805,31564,601148,31292,605000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations22,847-175,58860,84778,206-9,63439,59881,572177,874-320,514159,72453,32554,86550,568-2,919241,189
Investing Activities
capital expenditure-1,475-1,995-45,50000-11,846-63,004-37,997-1,186,862-236,033-81,402-49,516-68,093-550-306,378
Change in Investments00000000000-31500315
cash flow from investments-1,475-1,995-45,50000-11,846-63,004-37,997-1,186,862-236,033-81,402-49,201-68,093-550-306,693
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans37,473214,48563050,00000000000000
Hire Purchase and Lease Commitments-9,62222,0270000000000000
other long term liabilities0-22,02722,02700-16,599-34,529-34,599-59,11376,34828,077-5,61417,5563,46925,004
share issue000000001,140,8600000040,500
interest-73,229-51,822-26,777-26,139-26,586-27,567-24,693-24,985-14,297100000
cash flow from financing-45,378162,663-4,12023,861-26,586-44,166-59,222-59,5841,067,45076,34928,077-5,61417,5563,46965,504
cash and cash equivalents
cash599-719394-1,0762,2811-58-390400503100
overdraft24,60514,200-10,833-103,14338,50116,41540,596-80,332439,926000000
change in cash-24,006-14,91911,227102,067-36,220-16,414-40,65480,293-439,926400503100

m.a.hardy 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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M.a.hardy Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for m.a.hardy limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in CF62 area or any other competitors across 12 key performance metrics.

m.a.hardy limited Ownership

M.A.HARDY LIMITED group structure

M.A.Hardy Limited has no subsidiary companies.

Ultimate parent company

M.A.HARDY LIMITED

00780817

M.A.HARDY LIMITED Shareholders

m.a. hardy 30.86%
i.c. hardy 25.93%
s.r. hardy 22.22%
p.s. james 11.11%
rhys owain hardy 9.88%

m.a.hardy limited directors

M.A.Hardy Limited currently has 4 directors. The longest serving directors include Mr Michael Hardy (Dec 1991) and Mr Ian Hardy (Dec 1991).

officercountryagestartendrole
Mr Michael Hardy89 years Dec 1991- Director
Mr Ian Hardy64 years Dec 1991- Director
Ms Sara Hardy64 years Dec 1991- Director
Mr Rhys HardyUnited Kingdom38 years Aug 2017- Director

P&L

March 2024

turnover

531.3k

-11%

operating profit

-32.4k

0%

gross margin

38.4%

-4.57%

turnover

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

Balance Sheet

March 2024

net assets

1m

-0.09%

total assets

1.9m

-0.02%

cash

1.5k

+0.66%

net assets

Total assets minus all liabilities

m.a.hardy limited company details

company number

00780817

Type

Private limited with Share Capital

industry

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

55900 - Other accommodation

01500 - Mixed farming

incorporation date

November 1963

age

61

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

new farm port road west, barry, south glamorgan, CF62 3BT

Bank

LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC

Legal Advisor

-

m.a.hardy 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 11 charges/mortgages relating to m.a.hardy limited. Currently there are 11 open charges and 0 have been satisfied in the past.

charges

m.a.hardy limited Companies House Filings - See Documents

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