haag limited

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haag limited Company Information

Share HAAG LIMITED

Company Number

00800505

Shareholders

mr f.c. haag

haags norfolk & suffolk farms ltd

Group Structure

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Industry

Raising of swine/pigs

 

Registered Address

the courtyard, west end farm mellis, eye, suffolk, IP23 8EF

haag limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of HAAG LIMITED at £1.1m based on a Turnover of £2.3m and 0.46x industry multiple (adjusted for size and gross margin).

haag limited Estimated Valuation

£109.1k

Pomanda estimates the enterprise value of HAAG LIMITED at £109.1k based on an EBITDA of £25.9k and a 4.22x industry multiple (adjusted for size and gross margin).

haag limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of HAAG LIMITED at £1.1m based on Net Assets of £655.5k and 1.6x industry multiple (adjusted for liquidity).

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Haag Limited Overview

Haag Limited is a live company located in eye, IP23 8EF with a Companies House number of 00800505. It operates in the raising of swine/pigs sector, SIC Code 01460. Founded in April 1964, it's largest shareholder is mr f.c. haag with a 50% stake. Haag Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with high growth in recent years.

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Haag Limited Health Check

Pomanda's financial health check has awarded Haag Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £2.3m, make it smaller than the average company (£22.7m)

£2.3m - Haag Limited

£22.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (11.8%)

18% - Haag Limited

11.8% - Industry AVG

production

Production

with a gross margin of 15.8%, this company has a higher cost of product (24.1%)

15.8% - Haag Limited

24.1% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (9.5%)

1.1% - Haag Limited

9.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (43)

3 - Haag Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)

£37.4k - Haag Limited

£37.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £781.3k, this is more efficient (£578k)

£781.3k - Haag Limited

£578k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is later than average (14 days)

57 days - Haag Limited

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (42 days)

4 days - Haag Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Haag Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Haag Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.6%, this is a lower level of debt than the average (52.4%)

3.6% - Haag Limited

52.4% - Industry AVG

HAAG LIMITED financials

EXPORTms excel logo

Haag Limited's latest turnover from April 2024 is estimated at £2.3 million and the company has net assets of £655.5 thousand. According to their latest financial statements, we estimate that Haag Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover2,343,8221,984,9861,853,2081,415,2071,070,1711,440,6721,632,556952,6221,000,3811,279,0991,133,8191,316,5251,147,3521,270,2871,404,967
Other Income Or Grants
Cost Of Sales1,974,5801,834,1981,706,1841,183,865928,2751,303,0171,349,305832,360879,5571,097,351966,2611,134,072980,7911,098,8751,182,438
Gross Profit369,242150,788147,024231,342141,896137,655283,251120,262120,824181,748167,558182,453166,561171,412222,529
Admin Expenses343,383123,549114,064203,923116,887118,578257,339103,535124,537180,550203,790176,105167,650170,749-515,105
Operating Profit25,85927,23932,96027,41925,00919,07725,91216,727-3,7131,198-36,2326,348-1,089663737,634
Interest Payable
Interest Receivable2416201542463
Pre-Tax Profit25,85927,23932,96027,41925,00919,07725,93616,743-3,6931,213-36,2286,351-1,085669737,638
Tax-6,465-6,810-6,262-5,210-4,752-3,625-4,928-3,181-242-1,461-174-206,538
Profit After Tax19,39420,42926,69822,20920,25715,45221,00813,562-3,693970-36,2284,890-1,085495531,099
Dividends Paid
Retained Profit19,39420,42926,69822,20920,25715,45221,00813,562-3,693970-36,2284,890-1,085495531,099
Employee Costs112,07599,96731,98631,80530,38086,66587,81359,74881,26353,31151,64776,30649,75848,51780,119
Number Of Employees331113323223223
EBITDA*25,85927,23932,96027,41925,00919,07725,91220,4645426,045-30,70412,6562,6324,563741,424

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets309,156310,696312,438314,414316,656319,203322,093325,377329,114333,369338,216343,744330,197331,718330,618
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets309,156310,696312,438314,414316,656319,203322,093325,377329,114333,369338,216343,744330,197331,718330,618
Stock & work in progress4,3305,9004,0008,4806,4003,9565,8502,812
Trade Debtors370,461346,563323,850297,909271,123241,945240,629192,754185,476176,966171,365213,737215,999214,748208,512
Group Debtors
Misc Debtors
Cash9,4783,2124,6131,2285693961,0091,225
misc current assets583
total current assets370,461346,563323,850297,909271,123242,528240,629206,562194,588185,579181,073220,706220,351221,607212,549
total assets679,617657,259636,288612,323587,779561,731562,722531,939523,702518,948519,289564,450550,548553,325543,167
Bank overdraft
Bank loan
Trade Creditors 24,16021,19620,65423,38721,05215,26131,70420,42925,75417,30718,61827,55118,53920,23110,568
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities24,16021,19620,65423,38721,05215,26131,70420,42925,75417,30718,61827,55118,53920,23110,568
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities24,16021,19620,65423,38721,05215,26131,70420,42925,75417,30718,61827,55118,53920,23110,568
net assets655,457636,063615,634588,936566,727546,470531,018511,510497,948501,641500,671536,899532,009533,094532,599
total shareholders funds655,457636,063615,634588,936566,727546,470531,018511,510497,948501,641500,671536,899532,009533,094532,599
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit25,85927,23932,96027,41925,00919,07725,91216,727-3,7131,198-36,2326,348-1,089663737,634
Depreciation3,7374,2554,8475,5286,3083,7213,9003,790
Amortisation
Tax-6,465-6,810-6,262-5,210-4,752-3,625-4,928-3,181-242-1,461-174-206,538
Stock-4,330-1,5701,900-4,4802,0802,444-1,8943,0382,812
Debtors23,89822,71325,94126,78629,1781,31647,8757,2788,5105,601-42,372-2,2621,2516,236208,512
Creditors2,964542-2,7332,3355,791-16,44311,275-5,3258,447-1,311-8,9339,012-1,6929,66310,568
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-1,540-1,742-1,976-2,242-3,130-2,307-11,2866,250-1,4213,37165520,0251,5834,778334,130
Investing Activities
capital expenditure1,5401,7421,9762,2422,5472,8903,284-19,855-2,200-5,000-334,408
Change in Investments
cash flow from investments1,5401,7421,9762,2422,5472,8903,284-19,855-2,200-5,000-334,408
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,5001,500
interest2416201542463
cash flow from financing-1,47616201542461,503
cash and cash equivalents
cash-9,4786,266-1,4013,385659173-613-2161,225
overdraft
change in cash-9,4786,266-1,4013,385659173-613-2161,225

haag 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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Haag Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for haag limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in IP23 area or any other competitors across 12 key performance metrics.

haag limited Ownership

HAAG LIMITED group structure

Haag Limited has no subsidiary companies.

Ultimate parent company

HAAG LIMITED

00800505

HAAG LIMITED Shareholders

mr f.c. haag 50%
haags norfolk & suffolk farms ltd 50%

haag limited directors

Haag Limited currently has 2 directors. The longest serving directors include Mr Frederick Haag (Sep 1991) and Mr William Haag (May 2008).

officercountryagestartendrole
Mr Frederick Haag73 years Sep 1991- Director
Mr William Haag48 years May 2008- Director

P&L

April 2024

turnover

2.3m

+18%

operating profit

25.9k

0%

gross margin

15.8%

+107.38%

turnover

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

Balance Sheet

April 2024

net assets

655.5k

+0.03%

total assets

679.6k

+0.03%

cash

0

0%

net assets

Total assets minus all liabilities

haag limited company details

company number

00800505

Type

Private limited with Share Capital

industry

01460 - Raising of swine/pigs

incorporation date

April 1964

age

61

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

gill & haag limited (October 1997)

accountant

-

auditor

-

address

the courtyard, west end farm mellis, eye, suffolk, IP23 8EF

Bank

HSBC BANK PLC

Legal Advisor

-

haag 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 2 charges/mortgages relating to haag limited. Currently there are 2 open charges and 0 have been satisfied in the past.

haag 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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haag limited Companies House Filings - See Documents

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