r.caudwell(produce)limited
r.caudwell(produce)limited Company Information
Company Number
00787985
Website
caudwellproduce.co.ukRegistered Address
estate office, ludborough, grimsby, south humberside, DN36 5SG
Industry
Growing of cereals (except rice), leguminous crops and oil seeds
Telephone
01472840381
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
struan thomas caudwell abbott & julia clare vincent & simon martin scriven williams & jarred thomas wright 60.5%
rosemary anne abbott & struan thomas caudwell abbott & jarred thomas wright 39.5%
View Allr.caudwell(produce)limited Estimated Valuation
Pomanda estimates the enterprise value of R.CAUDWELL(PRODUCE)LIMITED at £2.9m based on a Turnover of £5.7m and 0.51x industry multiple (adjusted for size and gross margin).
r.caudwell(produce)limited Estimated Valuation
Pomanda estimates the enterprise value of R.CAUDWELL(PRODUCE)LIMITED at £12.5m based on an EBITDA of £2m and a 6.13x industry multiple (adjusted for size and gross margin).
r.caudwell(produce)limited Estimated Valuation
Pomanda estimates the enterprise value of R.CAUDWELL(PRODUCE)LIMITED at £25.2m based on Net Assets of £18m and 1.4x industry multiple (adjusted for liquidity).
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R.caudwell(produce)limited Overview
R.caudwell(produce)limited is a live company located in grimsby, DN36 5SG with a Companies House number of 00787985. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in January 1964, it's largest shareholder is struan thomas caudwell abbott & julia clare vincent & simon martin scriven williams & jarred thomas wright with a 60.5% stake. R.caudwell(produce)limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.7m with healthy growth in recent years.
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R.caudwell(produce)limited Health Check
Pomanda's financial health check has awarded R.Caudwell(Produce)Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £5.7m, make it in line with the average company (£6m)
- R.caudwell(produce)limited
£6m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (8%)
- R.caudwell(produce)limited
8% - Industry AVG
Production
with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)
- R.caudwell(produce)limited
30.7% - Industry AVG
Profitability
an operating margin of 23.6% make it more profitable than the average company (11.1%)
- R.caudwell(produce)limited
11.1% - Industry AVG
Employees
with 16 employees, this is below the industry average (39)
16 - R.caudwell(produce)limited
39 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- R.caudwell(produce)limited
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £355.2k, this is more efficient (£171.8k)
- R.caudwell(produce)limited
£171.8k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (35 days)
- R.caudwell(produce)limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (47 days)
- R.caudwell(produce)limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 388 days, this is more than average (93 days)
- R.caudwell(produce)limited
93 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 146 weeks, this is more cash available to meet short term requirements (14 weeks)
146 weeks - R.caudwell(produce)limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.3%, this is a lower level of debt than the average (46.5%)
10.3% - R.caudwell(produce)limited
46.5% - Industry AVG
R.CAUDWELL(PRODUCE)LIMITED financials
R.Caudwell(Produce)Limited's latest turnover from September 2023 is estimated at £5.7 million and the company has net assets of £18 million. According to their latest financial statements, R.Caudwell(Produce)Limited has 16 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,907,292 | 3,841,461 | |||||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||||
| Cost Of Sales | 1,015,837 | 700,270 | |||||||||||||
| Gross Profit | 2,891,455 | 3,141,191 | |||||||||||||
| Admin Expenses | 2,300,034 | 2,229,541 | |||||||||||||
| Operating Profit | 591,421 | 911,650 | |||||||||||||
| Interest Payable | 7,849 | 13,924 | |||||||||||||
| Interest Receivable | 4,087 | 2,759 | |||||||||||||
| Pre-Tax Profit | 587,659 | 900,485 | |||||||||||||
| Tax | -147,112 | -288,319 | |||||||||||||
| Profit After Tax | 440,547 | 612,166 | |||||||||||||
| Dividends Paid | 0 | 0 | |||||||||||||
| Retained Profit | 440,547 | 612,166 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 16 | 17 | 18 | 19 | 18 | 18 | 18 | 26 | |||||||
| EBITDA* | 961,185 | 1,250,040 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,928,619 | 10,720,336 | 9,968,295 | 9,325,669 | 9,096,266 | 8,848,249 | 6,401,146 | 6,749,237 | 6,163,912 | 7,430,525 | 7,027,175 | 6,389,935 | 6,132,759 | 4,979,373 | 5,050,009 |
| Intangible Assets | 2,560 | 13,320 | 0 | 0 | 4,526 | 9,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 244,297 | 110 | 110 | 110 | 110 | 110 | 1,607,780 | 1,607,781 | 1,607,780 | 110 | 105 | 105 | 105 | 105 | 105 |
| Debtors (Due After 1 year) | 12,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,187,476 | 10,813,766 | 10,048,405 | 9,405,779 | 9,180,902 | 8,937,412 | 8,088,926 | 8,437,018 | 7,831,692 | 7,430,635 | 7,027,280 | 6,390,040 | 6,132,864 | 4,979,478 | 5,050,114 |
| Stock & work in progress | 4,198,831 | 3,726,846 | 3,134,286 | 2,686,444 | 2,819,812 | 2,884,201 | 2,859,438 | 2,656,884 | 2,659,060 | 2,610,117 | 2,482,476 | 2,033,692 | 2,211,108 | 2,188,154 | 2,239,386 |
| Trade Debtors | 446,542 | 806,411 | 747,513 | 550,725 | 633,707 | 572,971 | 586,823 | 518,462 | 1,019,322 | 867,482 | 1,118,887 | 665,492 | 911,832 | 462,382 | 528,040 |
| Group Debtors | 303,223 | 152,626 | 140,661 | 169,374 | 104,709 | 100,542 | 84,526 | 100,417 | 0 | 0 | 0 | 0 | 0 | 168,691 | 83,702 |
| Misc Debtors | 326,170 | 338,012 | 209,854 | 219,644 | 328,625 | 203,486 | 197,711 | 170,765 | 0 | 0 | 0 | 0 | 0 | 141,339 | 93,802 |
| Cash | 2,892,116 | 3,241,157 | 2,854,280 | 2,772,037 | 2,047,487 | 1,883,167 | 1,160,967 | 1,106,807 | 1,165,057 | 100,179 | 160,432 | 83,683 | 139,235 | 490,232 | 498,838 |
| misc current assets | 750,000 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 500,000 | 500,000 | 1,300,000 | 1,350,000 | 1,850,000 | 1,200,000 | 500,000 | 0 |
| total current assets | 8,916,882 | 8,265,052 | 7,086,594 | 6,398,224 | 5,934,340 | 5,644,367 | 5,889,465 | 5,053,335 | 5,343,439 | 4,877,778 | 5,111,795 | 4,632,867 | 4,462,175 | 3,950,798 | 3,443,768 |
| total assets | 20,104,358 | 19,078,818 | 17,134,999 | 15,804,003 | 15,115,242 | 14,581,779 | 13,978,391 | 13,490,353 | 13,175,131 | 12,308,413 | 12,139,075 | 11,022,907 | 10,595,039 | 8,930,276 | 8,493,882 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 739,820 | 524,928 | 411,148 | 299,819 | 403,440 | 459,255 | 487,921 | 321,405 | 960,248 | 726,440 | 1,095,438 | 832,593 | 910,340 | 358,875 | 258,362 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 197,862 | 0 | 96,490 | 62,610 | 62,610 | 0 | 0 | 0 | 0 | 11,560 | 11,550 | 11,550 | 63,550 | 130,900 |
| other current liabilities | 289,119 | 516,098 | 758,131 | 290,973 | 320,066 | 321,298 | 345,240 | 349,787 | 0 | 0 | 0 | 0 | 0 | 222,417 | 333,450 |
| total current liabilities | 1,028,939 | 1,238,888 | 1,169,279 | 687,282 | 786,116 | 843,163 | 833,161 | 671,192 | 960,248 | 726,440 | 1,106,998 | 844,143 | 921,890 | 684,842 | 722,712 |
| loans | 0 | 0 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 0 | 0 | 0 | 0 | 0 | 600,000 | 600,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 62,610 | 0 | 0 | 0 | 0 | 0 | 11,560 | 23,110 | 34,660 | 52,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 700,000 | 950,000 | 1,100,000 | 1,300,000 | 0 | 0 |
| provisions | 1,044,348 | 929,027 | 752,646 | 548,429 | 435,712 | 326,542 | 315,431 | 417,578 | 329,393 | 252,583 | 192,050 | 172,717 | 224,104 | 240,873 | 189,816 |
| total long term liabilities | 1,044,348 | 929,027 | 1,102,646 | 898,429 | 785,712 | 739,152 | 665,431 | 767,578 | 829,393 | 952,583 | 1,142,050 | 1,284,277 | 1,547,214 | 875,533 | 841,816 |
| total liabilities | 2,073,287 | 2,167,915 | 2,271,925 | 1,585,711 | 1,571,828 | 1,582,315 | 1,498,592 | 1,438,770 | 1,789,641 | 1,679,023 | 2,249,048 | 2,128,420 | 2,469,104 | 1,560,375 | 1,564,528 |
| net assets | 18,031,071 | 16,910,903 | 14,863,074 | 14,218,292 | 13,543,414 | 12,999,464 | 12,479,799 | 12,051,583 | 11,385,490 | 10,629,390 | 9,890,027 | 8,894,487 | 8,125,935 | 7,369,901 | 6,929,354 |
| total shareholders funds | 18,031,071 | 16,910,903 | 14,863,074 | 14,218,292 | 13,543,414 | 12,999,464 | 12,479,799 | 12,051,583 | 11,385,490 | 10,629,390 | 9,890,027 | 8,894,487 | 8,125,935 | 7,369,901 | 6,929,354 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 591,421 | 911,650 | |||||||||||||
| Depreciation | 685,421 | 577,299 | 663,577 | 694,264 | 601,168 | 565,387 | 567,793 | 508,825 | 461,675 | 447,037 | 381,412 | 395,680 | 367,719 | 369,764 | 338,390 |
| Amortisation | 10,760 | 5,380 | 0 | 4,526 | 4,527 | 4,527 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -147,112 | -288,319 | |||||||||||||
| Stock | 471,985 | 592,560 | 447,842 | -133,368 | -64,389 | 24,763 | 202,554 | -2,176 | 48,943 | 127,641 | 448,784 | -177,416 | 22,954 | -51,232 | 2,239,386 |
| Debtors | -289,114 | 199,021 | 158,285 | -127,298 | 190,042 | 7,939 | 79,416 | -209,678 | 211,840 | -251,405 | 453,395 | -246,340 | 139,420 | 66,868 | 705,544 |
| Creditors | 214,892 | 113,780 | 111,329 | -103,621 | -55,815 | -28,666 | 166,516 | -638,843 | 233,808 | -368,998 | 262,845 | -77,747 | 551,465 | 100,513 | 258,362 |
| Accruals and Deferred Income | -226,979 | -242,033 | 467,158 | -29,093 | -1,232 | -23,942 | -4,547 | 349,787 | 0 | 0 | 0 | 0 | -222,417 | -111,033 | 333,450 |
| Deferred Taxes & Provisions | 115,321 | 176,381 | 204,217 | 112,717 | 109,170 | 11,111 | -102,147 | 88,185 | 76,810 | 60,533 | 19,333 | -51,387 | -16,769 | 51,057 | 189,816 |
| Cash flow from operations | 838,974 | -1,201,581 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 244,187 | 0 | 0 | 0 | 0 | -1,607,670 | -1 | 1 | 1,607,670 | 5 | 0 | 0 | 0 | 0 | 105 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40,000 | 40,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -350,000 | 0 | 0 | 0 | 0 | 0 | 350,000 | 0 | 0 | 0 | 0 | -600,000 | 0 | 600,000 |
| Hire Purchase and Lease Commitments | -197,862 | 197,862 | -96,490 | 33,880 | -62,610 | 125,220 | 0 | 0 | 0 | -11,560 | -11,550 | -11,550 | -63,550 | -84,690 | 182,900 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500,000 | -200,000 | -250,000 | -150,000 | -200,000 | 1,300,000 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -3,762 | -11,165 | |||||||||||||
| cash flow from financing | -48,452 | 7,088,923 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -349,041 | 386,877 | 82,243 | 724,550 | 164,320 | 722,200 | 54,160 | -58,250 | 1,064,878 | -60,253 | 76,749 | -55,552 | -350,997 | -8,606 | 498,838 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -349,041 | 386,877 | 82,243 | 724,550 | 164,320 | 722,200 | 54,160 | -58,250 | 1,064,878 | -60,253 | 76,749 | -55,552 | -350,997 | -8,606 | 498,838 |
r.caudwell(produce)limited Credit Report and Business Information
R.caudwell(produce)limited Competitor Analysis
Perform a competitor analysis for r.caudwell(produce)limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in DN36 area or any other competitors across 12 key performance metrics.
r.caudwell(produce)limited Ownership
R.CAUDWELL(PRODUCE)LIMITED group structure
R.Caudwell(Produce)Limited has no subsidiary companies.
Ultimate parent company
R.CAUDWELL(PRODUCE)LIMITED
00787985
r.caudwell(produce)limited directors
R.Caudwell(Produce)Limited currently has 3 directors. The longest serving directors include Mrs Rosemary Abbott (Nov 1992) and Mr Struan Abbott (Sep 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rosemary Abbott | 80 years | Nov 1992 | - | Director | |
| Mr Struan Abbott | England | 53 years | Sep 1996 | - | Director |
| Mr Robert Hartley | 41 years | Nov 2016 | - | Director |
P&L
September 2023turnover
5.7m
+2%
operating profit
1.3m
0%
gross margin
30.7%
+2.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
18m
+0.07%
total assets
20.1m
+0.05%
cash
2.9m
-0.11%
net assets
Total assets minus all liabilities
r.caudwell(produce)limited company details
company number
00787985
Type
Private limited with Share Capital
industry
01110 - Growing of cereals (except rice), leguminous crops and oil seeds
incorporation date
January 1964
age
60
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
estate office, ludborough, grimsby, south humberside, DN36 5SG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
r.caudwell(produce)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 10 charges/mortgages relating to r.caudwell(produce)limited. Currently there are 3 open charges and 7 have been satisfied in the past.
r.caudwell(produce)limited Companies House Filings - See Documents
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