j.stobart & sons limited

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j.stobart & sons limited Company Information

Share J.STOBART & SONS LIMITED

Company Number

00783738

Directors

Ronald Stobart

Linda Rigg

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Shareholders

ronald john stobart

peter john stobart

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Group Structure

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Industry

Manufacture of prepared feeds for farm animals

 

Registered Address

newlands mill, hesket new market, wigton, cumbria, CA7 8HP

j.stobart & sons limited Estimated Valuation

£21.5m

Pomanda estimates the enterprise value of J.STOBART & SONS LIMITED at £21.5m based on a Turnover of £24m and 0.9x industry multiple (adjusted for size and gross margin).

j.stobart & sons limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of J.STOBART & SONS LIMITED at £3.3m based on an EBITDA of £555.7k and a 5.94x industry multiple (adjusted for size and gross margin).

j.stobart & sons limited Estimated Valuation

£22.4m

Pomanda estimates the enterprise value of J.STOBART & SONS LIMITED at £22.4m based on Net Assets of £14.2m and 1.58x industry multiple (adjusted for liquidity).

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J.stobart & Sons Limited Overview

J.stobart & Sons Limited is a live company located in wigton, CA7 8HP with a Companies House number of 00783738. It operates in the manufacture of prepared feeds for farm animals sector, SIC Code 10910. Founded in December 1963, it's largest shareholder is ronald john stobart with a 59.9% stake. J.stobart & Sons Limited is a mature, large sized company, Pomanda has estimated its turnover at £24m with healthy growth in recent years.

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J.stobart & Sons Limited Health Check

Pomanda's financial health check has awarded J.Stobart & Sons Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £24m, make it smaller than the average company (£45.9m)

£24m - J.stobart & Sons Limited

£45.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (13.6%)

12% - J.stobart & Sons Limited

13.6% - Industry AVG

production

Production

with a gross margin of 15.3%, this company has a lower cost of product (12.7%)

15.3% - J.stobart & Sons Limited

12.7% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (2.9%)

1.4% - J.stobart & Sons Limited

2.9% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (58)

19 - J.stobart & Sons Limited

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £61.5k, the company has a higher pay structure (£48k)

£61.5k - J.stobart & Sons Limited

£48k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.3m, this is more efficient (£779.5k)

£1.3m - J.stobart & Sons Limited

£779.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is near the average (41 days)

37 days - J.stobart & Sons Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (27 days)

20 days - J.stobart & Sons Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 32 days, this is in line with average (30 days)

32 days - J.stobart & Sons Limited

30 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 248 weeks, this is more cash available to meet short term requirements (8 weeks)

248 weeks - J.stobart & Sons Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.6%, this is a lower level of debt than the average (56%)

11.6% - J.stobart & Sons Limited

56% - Industry AVG

J.STOBART & SONS LIMITED financials

EXPORTms excel logo

J.Stobart & Sons Limited's latest turnover from December 2023 is £24 million and the company has net assets of £14.2 million. According to their latest financial statements, J.Stobart & Sons Limited has 19 employees and maintains cash reserves of £7.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover24,020,02724,085,32819,687,38417,166,05917,309,47019,525,29017,378,70814,734,06414,849,43316,811,65620,553,30019,235,93416,312,55514,251,52014,101,757
Other Income Or Grants
Cost Of Sales20,343,99619,522,58416,434,01214,403,41414,653,66515,988,96314,597,06612,193,40812,442,74914,508,21817,919,11416,797,76313,820,92212,041,15311,562,905
Gross Profit3,676,0314,562,7443,253,3722,762,6452,655,8053,536,3272,781,6422,540,6562,406,6842,303,4382,634,1862,438,1712,491,6332,210,3672,538,852
Admin Expenses3,344,6233,486,9453,172,4292,587,1432,824,3412,386,7782,411,7772,374,1252,632,3822,346,3522,795,7002,718,8722,354,5181,804,3362,342,301
Operating Profit331,4081,075,79980,943175,502-168,5361,149,549369,865166,531-225,698-42,914-161,514-280,701137,115406,031196,551
Interest Payable83369,20781,70589,91090,590
Interest Receivable182,94536,73553,769102,79077,36545,16564,13078,20690,81984,765121,023146,115185,759194,546208,090
Pre-Tax Profit514,3531,112,534134,712278,292-91,1711,193,881433,995244,737-134,87941,851-40,037-188,014251,288560,453422,024
Tax-129,421-257,529-26,503-58,49811,701-232,296-77,639-52,64825,074-6,62917,71942,306-46,618-130,539-101,979
Profit After Tax384,932855,005108,209219,794-79,470961,585356,356192,089-109,80535,222-22,318-145,708204,670429,914320,045
Dividends Paid10,77010,77010,77010,77010,77010,77010,77010,77010,77010,77010,77010,77010,77010,77010,770
Retained Profit374,162844,23597,439209,024-90,240950,815345,586181,319-120,57524,452-33,088-156,478193,900419,144309,275
Employee Costs1,168,2471,092,5941,092,180878,283962,946960,051970,131920,807887,078891,583888,049859,126808,295786,793800,439
Number Of Employees191918171922222124212020202020
EBITDA*555,6811,284,139301,680393,27783,5571,420,923635,702397,73321,942207,70093,936-47,811310,093547,138329,320

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,304,9432,410,7152,067,7962,171,2382,242,3482,493,3412,514,8062,596,8972,553,6922,707,5392,700,5732,799,6522,496,1701,828,1301,798,143
Intangible Assets
Investments & Other
Debtors (Due After 1 year)1,987,4921,987,492440,000440,000415,000165,000300,000
Total Fixed Assets2,304,9432,410,7152,067,7964,158,7304,229,8402,933,3412,954,8063,011,8972,718,6922,707,5393,000,5732,799,6522,496,1701,828,1301,798,143
Stock & work in progress1,795,4511,881,8881,761,5721,494,7591,337,7191,846,8481,417,3481,126,1551,036,7771,361,5321,721,0951,443,8612,135,6861,500,383917,548
Trade Debtors2,468,3162,971,8733,061,6072,787,1602,867,3453,807,5653,299,9872,898,6882,572,5141,999,5852,796,1232,805,5082,215,6432,138,8801,740,176
Group Debtors
Misc Debtors1,979,3232,139,9412,129,613193,306140,728204,288200,310159,562280,983266,70282,9731,084,164220,571106,249118,148
Cash7,535,9556,417,4005,626,0126,056,1735,311,6516,184,3036,008,4265,804,6235,811,5846,649,5774,901,1065,304,8328,068,9809,332,4329,647,754
misc current assets
total current assets13,779,04513,411,10212,578,80410,531,3989,657,44312,043,00410,926,0719,989,0289,701,85810,277,3969,501,29710,638,36512,640,88013,077,94412,423,626
total assets16,083,98815,821,81714,646,60014,690,12813,887,28314,976,34513,880,87713,000,92512,420,55012,984,93512,501,87013,438,01715,137,05014,906,07414,221,769
Bank overdraft
Bank loan
Trade Creditors 1,126,2111,296,1161,190,8121,368,404788,9471,570,2461,590,2471,127,243799,3951,216,631767,4971,633,7491,024,374715,872625,158
Group/Directors Accounts2,077,7702,325,2732,276,313
other short term finances
hp & lease commitments
other current liabilities448,946389,418315,984280,481279,422476,702332,243258,381239,821237,527234,682253,770285,624328,327195,020
total current liabilities1,575,1571,685,5341,506,7961,648,8851,068,3692,046,9481,922,4901,385,6241,039,2161,454,1581,002,1791,887,5193,387,7683,369,4723,096,491
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions291,527293,141140,897139,775126,470146,713126,518129,01976,371105,23998,605116,324158,630139,850147,670
total long term liabilities291,527293,141140,897139,775126,470146,713126,518129,01976,371105,23998,605116,324158,630139,850147,670
total liabilities1,866,6841,978,6751,647,6931,788,6601,194,8392,193,6612,049,0081,514,6431,115,5871,559,3971,100,7842,003,8433,546,3983,509,3223,244,161
net assets14,217,30413,843,14212,998,90712,901,46812,692,44412,782,68411,831,86911,486,28211,304,96311,425,53811,401,08611,434,17411,590,65211,396,75210,977,608
total shareholders funds14,217,30413,843,14212,998,90712,901,46812,692,44412,782,68411,831,86911,486,28211,304,96311,425,53811,401,08611,434,17411,590,65211,396,75210,977,608
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit331,4081,075,79980,943175,502-168,5361,149,549369,865166,531-225,698-42,914-161,514-280,701137,115406,031196,551
Depreciation224,273208,340220,737217,775252,093271,374265,837231,202247,640250,614255,450232,890172,978141,107132,769
Amortisation
Tax-129,421-257,529-26,503-58,49811,701-232,296-77,639-52,64825,074-6,62917,71942,306-46,618-130,539-101,979
Stock-86,437120,316266,813157,040-509,129429,500291,19389,378-324,755-359,563277,234-691,825635,303582,835917,548
Debtors-664,175-79,406223,262-27,607543,712511,556467,047454,753752,210-912,809-710,5761,453,458191,085386,8051,858,324
Creditors-169,905105,304-177,592579,457-781,299-20,001463,004327,848-417,236449,134-866,252609,375308,50290,714625,158
Accruals and Deferred Income59,52873,43435,5031,059-197,280144,45973,86218,5602,2942,845-19,088-31,854-42,703133,307195,020
Deferred Taxes & Provisions-1,614152,2441,12213,305-20,24320,195-2,50152,648-28,8686,634-17,719-42,30618,780-7,820147,670
Cash flow from operations1,064,8811,316,682-355,865799,167-938,147392,224334,188200,010-824,2491,932,056-358,062-231,923-278,334-336,840-1,580,683
Investing Activities
capital expenditure-179,103-261,322-93,793-249,070-155,917-520,593-830,899-121,308-170,262
Change in Investments
cash flow from investments-179,103-261,322-93,793-249,070-155,917-520,593-830,899-121,308-170,262
Financing Activities
Bank loans
Group/Directors Accounts-2,077,770-247,50348,9602,276,313
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue110,668,333
interest182,94536,73553,769102,79077,36544,33264,13078,20690,81984,765121,02376,908104,054104,636117,500
cash flow from financing182,94536,73553,769102,79077,36544,33264,13178,20690,81984,765121,023-2,000,862-143,449153,59613,062,146
cash and cash equivalents
cash1,118,555791,388-430,161744,522-872,652175,877203,803-6,961-837,9931,748,471-403,726-2,764,148-1,263,452-315,3229,647,754
overdraft
change in cash1,118,555791,388-430,161744,522-872,652175,877203,803-6,961-837,9931,748,471-403,726-2,764,148-1,263,452-315,3229,647,754

j.stobart & sons 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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J.stobart & Sons Limited Competitor Analysis

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Perform a competitor analysis for j.stobart & sons limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in CA7 area or any other competitors across 12 key performance metrics.

j.stobart & sons limited Ownership

J.STOBART & SONS LIMITED group structure

J.Stobart & Sons Limited has no subsidiary companies.

Ultimate parent company

J.STOBART & SONS LIMITED

00783738

J.STOBART & SONS LIMITED Shareholders

ronald john stobart 59.89%
peter john stobart 18.66%
richard andrew stobart 18.66%
linda elizabeth rigg 2.79%

j.stobart & sons limited directors

J.Stobart & Sons Limited currently has 4 directors. The longest serving directors include Mr Ronald Stobart (Jul 1991) and Ms Linda Rigg (Jul 1991).

officercountryagestartendrole
Mr Ronald Stobart89 years Jul 1991- Director
Ms Linda Rigg64 years Jul 1991- Director
Mr Richard Stobart63 years Jul 1991- Director
Mr Peter Stobart59 years Jul 1991- Director

P&L

December 2023

turnover

24m

0%

operating profit

331.4k

-69%

gross margin

15.4%

-19.21%

turnover

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

Balance Sheet

December 2023

net assets

14.2m

+0.03%

total assets

16.1m

+0.02%

cash

7.5m

+0.17%

net assets

Total assets minus all liabilities

j.stobart & sons limited company details

company number

00783738

Type

Private limited with Share Capital

industry

10910 - Manufacture of prepared feeds for farm animals

incorporation date

December 1963

age

62

incorporated

UK

ultimate parent company

None

accounts

Medium Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

LAMONT PRIDMORE

address

newlands mill, hesket new market, wigton, cumbria, CA7 8HP

Bank

BARCLAYS BANK PLC

Legal Advisor

BELL PARK KERRIDGE

j.stobart & sons 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 7 charges/mortgages relating to j.stobart & sons limited. Currently there are 1 open charges and 6 have been satisfied in the past.

j.stobart & sons 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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j.stobart & sons limited Companies House Filings - See Documents

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