Frank Spurgeon Limited

POWER SEARCH PRICING

SOLUTIONS

frank spurgeon limited Company Information

Live

MatureSmallHealthy

Company Number

00805672

Website

Registered Address

park farm, brooke, norwich, norfolk, NR15 1HR

Industry

Raising of swine/pigs

Retail sale of meat and meat products in specialised stores

View All

Telephone

01508558123

Next Accounts Due

December 2024

Group Structure

View All

Directors

Anthony Spurgeon33 Years

Lorraine Spurgeon11 Years

Shareholders

anthony paul spurgeon 78.5%

lorraine spurgeon 21.6%

frank spurgeon limited Estimated Valuation

£9m

Pomanda estimates the enterprise value of FRANK SPURGEON LIMITED at £9m based on an EBITDA of £3m and a 2.99x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Frank Spurgeon Limited is a live company located in norwich, NR15 1HR with a Companies House number of 00805672. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in May 1964, it's largest shareholder is anthony paul spurgeon with a 78.5% stake. Frank Spurgeon Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Frank Spurgeon Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £2.8m, make it smaller than the average company (£8.4m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7%)

EXPORT

Frank Spurgeon Limited's latest turnover from March 2023 is estimated at £2.8 million and the company has net assets of £3.5 million. According to their latest financial statements, Frank Spurgeon Limited has 16 employees and maintains cash reserves of £929.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	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	2,820,094	2,251,553	2,357,920	2,097,044	2,747,434	1,414,065	1,189,722	1,284,476	1,624,447	970,062	683,883	1,902,966	2,526,488	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,246,820	1,706,981	1,784,817	1,631,302	1,979,996	1,051,728	903,637	962,734	1,205,897	724,302	490,454	1,329,387	1,787,089	0
Gross Profit	573,273	544,573	573,103	465,742	767,438	362,337	286,085	321,742	418,550	245,760	193,429	573,579	739,400	0
Admin Expenses	-2,410,820	417,628	390,607	285,258	702,999	370,384	15,273	235,080	95,547	302,900	315,796	272,984	431,680	168,659
Operating Profit	2,984,093	126,945	182,496	180,484	64,439	-8,047	270,812	86,662	323,003	-57,140	-122,367	300,595	307,720	-168,659
Interest Payable	0	82,823	83,415	113,130	92,166	34,811	22,407	11,409	0	0	0	0	0	0
Interest Receivable	19,745	59	21	111	120	38	30	36	25	16	4	1	3	2
Pre-Tax Profit	3,003,838	44,180	99,101	67,465	-27,607	-42,820	248,435	75,290	323,028	-57,124	-122,363	300,596	307,722	-168,657
Tax	-570,729	-8,394	-18,829	-12,818	0	0	-49,687	-15,058	-67,836	0	0	-78,155	-86,162	0
Profit After Tax	2,433,109	35,786	80,272	54,647	-27,607	-42,820	198,748	60,232	255,192	-57,124	-122,363	222,441	221,560	-168,657
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	2,433,109	35,786	80,272	54,647	-27,607	-42,820	198,748	60,232	255,192	-57,124	-122,363	222,441	221,560	-168,657
Employee Costs	500,502	484,079	533,551	581,744	453,594	513,765	521,592	228,187	222,363	150,184	123,899	343,572	498,613	0
Number Of Employees	16	17	20	21	18	19	20	9	9	6	5	14	20	0
EBITDA*	2,998,538	137,494	197,212	195,194	79,651	7,947	292,297	107,950	402,188	-21,968	-84,719	342,871	348,712	-141,259

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	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	1,978,521	339,776	276,060	483,092	766,192	922,689	790,183	752,560	731,130	755,016	795,153	1,008,416	1,092,326	791,978
Intangible Assets	0	0	0	0	0	0	0	0	0	57,000	66,500	76,000	85,500	0
Investments & Other	1,777	1,812,031	757,047	564,665	123,784	141,039	147,484	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,980,298	2,151,807	1,033,107	1,047,757	889,976	1,063,728	937,667	752,560	731,130	812,016	861,653	1,084,416	1,177,826	791,978
Stock & work in progress	396,094	1,053,300	1,212,682	1,043,030	1,723,468	292,925	23,662	29,779	24,818	28,038	30,220	39,065	32,662	25,689
Trade Debtors	319,627	19,460	7,292	19,719	19,299	28,532	42,713	162,643	163,005	88,083	57,073	48,774	27,435	13,479
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	182,512	150,564	133,894	124,581	143,384	135,356	151,441	0	0	0	0	0	0	4,640
Cash	929,174	90,113	27,886	13,904	15,715	16,195	14,069	9,653	4,912	4,899	1,530	230	230	828
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,827,407	1,313,437	1,381,754	1,201,234	1,901,866	473,008	231,885	202,075	192,735	121,020	88,823	88,069	60,327	44,636
total assets	3,807,705	3,465,244	2,414,861	2,248,991	2,791,842	1,536,736	1,169,552	954,635	923,865	933,036	950,476	1,172,485	1,238,153	836,614
Bank overdraft	0	0	0	125,286	126,461	85,781	94,007	78,606	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	139,824	144,140	186,216	109,304	116,903	107,541	75,404	114,323	218,313	179,340	142,627	738,836	973,367	927,271
Group/Directors Accounts	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	190,107	59,939	96,291	84,290	64,389	36,023	40,125	0	0	0	0	0	0	0
total current liabilities	329,931	204,079	282,507	318,880	307,753	229,345	209,536	192,929	218,313	179,340	142,627	738,836	973,367	927,271
loans	0	1,349,713	1,365,809	1,243,838	1,856,410	662,182	271,987	272,425	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	276,503	579,839	576,868	80,305	133,883	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	1,349,713	1,365,809	1,243,838	1,856,410	662,182	271,987	272,425	276,503	579,839	576,868	80,305	133,883	0
total liabilities	329,931	1,553,792	1,648,316	1,562,718	2,164,163	891,527	481,523	465,354	494,816	759,179	719,495	819,141	1,107,250	927,271
net assets	3,477,774	1,911,452	766,545	686,273	627,679	645,209	688,029	489,281	429,049	173,857	230,981	353,344	130,903	-90,657
total shareholders funds	3,477,774	1,911,452	766,545	686,273	627,679	645,209	688,029	489,281	429,049	173,857	230,981	353,344	130,903	-90,657

	Mar 2023	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	2,984,093	126,945	182,496	180,484	64,439	-8,047	270,812	86,662	323,003	-57,140	-122,367	300,595	307,720	-168,659
Depreciation	14,445	10,549	14,716	14,710	15,212	15,994	21,485	21,288	22,185	25,672	28,148	32,776	31,492	27,400
Amortisation	0	0	0	0	0	0	0	0	57,000	9,500	9,500	9,500	9,500	0
Tax	-570,729	-8,394	-18,829	-12,818	0	0	-49,687	-15,058	-67,836	0	0	-78,155	-86,162	0
Stock	396,094	-159,382	169,652	-680,438	1,430,543	269,263	-6,117	4,961	-3,220	-2,182	-8,845	6,403	6,973	25,689
Debtors	502,139	28,838	-3,114	-18,383	-1,205	-30,266	31,511	-362	74,922	31,010	8,299	21,339	9,316	18,119
Creditors	139,824	-42,076	76,912	-7,599	9,362	32,137	-38,919	-103,990	38,973	36,713	-596,209	-234,531	46,096	927,271
Accruals and Deferred Income	190,107	-36,352	12,001	19,901	28,366	-4,102	40,125	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	1,859,507	181,216	100,758	893,499	-1,311,959	-203,015	218,422	-15,697	301,623	-14,083	-680,382	2,443	292,357	742,204
Investing Activities
capital expenditure	-1,992,966	-74,265	192,316	268,390	141,285	-148,500	-59,108	-42,718	1,701	14,465	185,115	51,134	-426,840	-819,378
Change in Investments	1,777	1,054,984	192,382	440,881	-17,255	-6,445	147,484	0	0	0	0	0	0	0
cash flow from investments	-1,994,743	-1,129,249	-66	-172,491	158,540	-142,055	-206,592	-42,718	1,701	14,465	185,115	51,134	-426,840	-819,378
Financing Activities
Bank loans	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	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	-16,096	121,971	-612,572	1,194,228	390,195	-438	272,425	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-276,503	-303,336	2,971	496,563	-53,578	133,883	0
share issue	1,044,665	1,109,121	0	3,947	10,077	0	0	0	0	0	0	0	0	78,000
interest	19,745	-82,764	-83,394	-113,019	-92,046	-34,773	-22,377	-11,373	25	16	4	1	3	2
cash flow from financing	1,064,410	1,010,261	38,577	-721,644	1,112,259	355,422	-22,815	-15,451	-303,311	2,987	496,567	-53,577	133,886	78,002
cash and cash equivalents
cash	929,174	62,227	13,982	-1,811	-480	2,126	4,416	4,741	13	3,369	1,300	0	-598	828
overdraft	0	0	-125,286	-1,175	40,680	-8,226	15,401	78,606	0	0	0	0	0	0
change in cash	929,174	62,227	139,268	-636	-41,160	10,352	-10,985	-73,865	13	3,369	1,300	0	-598	828

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for frank spurgeon limited. Get real-time insights into frank spurgeon 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 frank spurgeon limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

FRANK SPURGEON LIMITED group structure

Frank Spurgeon Limited has no subsidiary companies.

Ultimate parent company

FRANK SPURGEON LIMITED

00805672

FRANK SPURGEON LIMITED Shareholders

anthony paul spurgeon	78.45%
lorraine spurgeon	21.55%

Frank Spurgeon Limited currently has 2 directors. The longest serving directors include Mr Anthony Spurgeon (Apr 1991) and Mrs Lorraine Spurgeon (May 2013).

officer	country	age	start	end	role
Mr Anthony Spurgeon	United Kingdom	58 years	Apr 1991	-	Director
Mrs Lorraine Spurgeon	United Kingdom	55 years	May 2013	-	Director

P&L

March 2023

turnover

2.8m

operating profit

gross margin

20.4%

turnover

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

Balance Sheet

March 2023

net assets

3.5m

total assets

3.8m

cash

929.2k

net assets

Total assets minus all liabilities

Similar Companies

Agree?

bridge house farm limited

grange farms (healaugh) limited

1.5

joseph e.swiers,limited

d.i.alston limited

yew tree farm enterprises limited

2.5

company number

00805672

Type

Private limited with Share Capital

industry

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

01460 - Raising of swine/pigs

47220 - Retail sale of meat and meat products in specialised stores

incorporation date

May 1964

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

park farm, brooke, norwich, norfolk, NR15 1HR

last accounts submitted

March 2023

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 13 charges/mortgages relating to frank spurgeon limited. Currently there are 8 open charges and 5 have been satisfied in the past.

frank spurgeon limited Company Information

frank spurgeon limited Estimated Valuation

frank spurgeon limited Estimated Valuation

frank spurgeon limited Estimated Valuation

Frank Spurgeon Limited Overview

Frank Spurgeon Limited Health Check

FRANK SPURGEON LIMITED financials

frank spurgeon limited Credit Report and Business Information

Frank Spurgeon Limited Competitor Analysis

frank spurgeon limited Ownership

frank spurgeon limited directors

frank spurgeon limited company details

frank spurgeon limited Charges & Mortgages

frank spurgeon limited Companies House Filings - See Documents