Pomanda estimates the enterprise value of SEED DEVELOPMENTS LIMITED at £3m based on a Turnover of £5.1m and 0.59x industry multiple (adjusted for size and gross margin).
seed developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SEED DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-64.9k and a 3.67x industry multiple (adjusted for size and gross margin).
seed developments limitedEstimated Valuation
£4.7m
Pomanda estimates the enterprise value of SEED DEVELOPMENTS LIMITED at £4.7m based on Net Assets of £2.3m and 2.02x industry multiple (adjusted for liquidity).
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Seed Developments LimitedOverview
Seed Developments Limited is a live company located in bridgwater, TA6 6FA with a Companies House number of 00838371. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in February 1965, it's largest shareholder is
seed invesco limited
with a 100% stake. Seed Developments Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Seed Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £5.1m, make it smaller than the average company (£13.5m)
£5.1m - Seed Developments Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (8.6%)
45% - Seed Developments Limited
8.6% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (30.3%)
21.1% - Seed Developments Limited
30.3% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (6.4%)
-2% - Seed Developments Limited
6.4% - Industry AVG
Employees
with 37 employees, this is below the industry average (70)
37 - Seed Developments Limited
70 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
£42.3k - Seed Developments Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £139k, this is less efficient (£175.2k)
£139k - Seed Developments Limited
£175.2k - Industry AVG
Debtor Days
it gets paid by customers after 147 days, this is later than average (53 days)
147 days - Seed Developments Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (42 days)
23 days - Seed Developments Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (66 days)
20 days - Seed Developments Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (14 weeks)
4 weeks - Seed Developments Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.8%, this is a lower level of debt than the average (46.8%)
12.8% - Seed Developments Limited
46.8% - Industry AVG
SEED DEVELOPMENTS LIMITED financials
EXPORT
Seed Developments Limited's latest turnover from March 2024 is estimated at £5.1 million and the company has net assets of £2.3 million. According to their latest financial statements, Seed Developments Limited has 37 employees and maintains cash reserves of £22 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
5,141,922
5,004,414
5,609,711
1,676,815
1,803,072
1,861,228
2,341,882
1,968,571
1,619,697
4,510,668
3,588,434
3,877,629
1,263,790
1,187,129
1,058,774
Other Income Or Grants
Cost Of Sales
4,055,497
3,984,028
4,500,251
1,351,427
1,437,031
1,478,172
1,280,240
1,152,337
1,247,615
3,505,182
2,776,560
3,008,701
979,622
916,405
816,669
Gross Profit
1,086,425
1,020,386
1,109,460
325,388
366,041
383,056
1,061,642
816,234
372,082
1,005,487
811,874
868,928
284,167
270,724
242,105
Admin Expenses
1,190,320
1,141,252
732,788
182,257
330,616
410,950
751,484
714,878
164,896
894,887
759,955
774,508
-342,350
-324,666
-590,439
Operating Profit
-103,895
-120,866
376,672
143,131
35,425
-27,894
310,158
101,356
207,186
110,600
51,919
94,420
626,517
595,390
832,544
Interest Payable
4,913
18,476
26,711
22,323
68,183
15,634
1,745
721
7,751
14,700
7,670
Interest Receivable
2,234
4,702
685
14
3
497
18
91
290
537
2,112
2,445
1,234
564
Pre-Tax Profit
-101,661
-116,164
372,443
124,668
8,716
-49,720
241,993
85,722
205,531
110,890
52,456
95,811
621,211
581,925
825,439
Tax
-70,764
-23,687
-1,656
-14,468
27,746
-41,106
-23,287
-12,065
-22,995
-161,515
-162,939
-231,123
Profit After Tax
-101,661
-116,164
301,679
100,981
7,060
-49,720
227,525
113,468
164,425
87,603
40,391
72,816
459,696
418,986
594,316
Dividends Paid
Retained Profit
-101,661
-116,164
301,679
100,981
7,060
-49,720
227,525
113,468
164,425
87,603
40,391
72,816
459,696
418,986
594,316
Employee Costs
1,564,210
1,637,905
1,719,463
1,651,669
1,721,210
1,948,844
2,064,381
1,690,764
1,458,479
687,308
537,212
566,952
219,963
213,422
178,002
Number Of Employees
37
41
45
45
47
54
59
50
44
21
17
18
7
7
6
EBITDA*
-64,942
-80,950
420,532
192,136
87,301
6,735
337,797
122,304
224,775
136,853
75,678
115,490
662,975
633,528
873,609
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
327,886
362,169
378,364
423,469
466,501
501,799
324,832
225,826
145,973
153,354
159,001
112,597
737,239
766,890
801,760
Intangible Assets
5,680
5,537
11,117
Investments & Other
1
1
1
1
12,500
Debtors (Due After 1 year)
Total Fixed Assets
333,567
362,170
378,365
423,470
479,001
501,799
324,832
225,826
145,973
153,354
164,538
123,714
737,239
766,890
801,760
Stock & work in progress
231,732
210,690
290,403
175,057
173,661
248,733
226,412
203,502
112,860
84,849
130,246
65,000
109,123
206,655
53,362
Trade Debtors
2,081,200
2,180,247
2,386,592
285,590
286,121
175,209
194,457
235,355
272,851
1,841,342
1,485,766
1,554,808
419,181
339,023
244,408
Group Debtors
2,029,329
2,027,666
2,017,167
1,883,554
1,781,581
1,583,741
Misc Debtors
62,851
71,502
33,439
57,494
66,528
113,711
Cash
22,043
63,043
158,230
24,348
2,746
2,460
130,026
36,200
79,846
134,802
709,850
268,009
225,770
misc current assets
total current assets
2,334,975
2,453,980
2,835,225
2,577,175
2,561,696
2,477,008
2,491,943
2,286,966
2,083,163
1,962,391
1,695,858
1,754,610
1,238,154
813,687
523,540
total assets
2,668,542
2,816,150
3,213,590
3,000,645
3,040,697
2,978,807
2,816,775
2,512,792
2,229,136
2,115,745
1,860,396
1,878,324
1,975,393
1,580,577
1,325,300
Bank overdraft
345,876
199,766
55,778
40,731
53,697
22,185
20,896
19,682
Bank loan
91,130
Trade Creditors
258,141
299,588
554,924
159,566
115,254
184,434
105,964
173,630
118,219
409,461
245,518
285,691
269,219
311,113
460,770
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
375,305
257,309
215,372
234,713
192,450
187,602
total current liabilities
258,141
299,588
554,924
626,001
718,439
599,572
396,455
406,811
359,518
409,461
245,518
285,691
291,404
332,009
480,452
loans
54,442
114,329
215,813
190,066
117,720
195,414
216,311
hp & lease commitments
Accruals and Deferred Income
other liabilities
24,688
173,230
provisions
83,000
87,500
88,752
76,655
65,363
27,916
45,028
30,560
25,385
26,476
22,673
40,819
31,761
33,852
28,221
total long term liabilities
83,000
87,500
113,440
131,097
179,692
243,729
235,094
148,280
25,385
26,476
22,673
40,819
204,991
229,266
244,532
total liabilities
341,141
387,088
668,364
757,098
898,131
843,301
631,549
555,091
384,903
435,937
268,191
326,510
496,395
561,275
724,984
net assets
2,327,401
2,429,062
2,545,226
2,243,547
2,142,566
2,135,506
2,185,226
1,957,701
1,844,233
1,679,808
1,592,205
1,551,814
1,478,998
1,019,302
600,316
total shareholders funds
2,327,401
2,429,062
2,545,226
2,243,547
2,142,566
2,135,506
2,185,226
1,957,701
1,844,233
1,679,808
1,592,205
1,551,814
1,478,998
1,019,302
600,316
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-103,895
-120,866
376,672
143,131
35,425
-27,894
310,158
101,356
207,186
110,600
51,919
94,420
626,517
595,390
832,544
Depreciation
38,153
39,916
43,860
49,005
51,876
34,629
27,639
20,948
17,589
20,716
18,179
15,511
36,458
38,138
41,065
Amortisation
800
5,537
5,580
5,559
Tax
-70,764
-23,687
-1,656
-14,468
27,746
-41,106
-23,287
-12,065
-22,995
-161,515
-162,939
-231,123
Stock
21,042
-79,713
115,346
1,396
-75,072
22,321
22,910
90,642
28,011
-45,397
65,246
-44,123
-97,532
153,293
53,362
Debtors
-99,047
-206,345
8,822
-7,519
159,474
90,310
52,041
113,161
128,961
355,576
-69,042
1,135,627
80,158
94,615
244,408
Creditors
-41,447
-255,336
395,358
44,312
-69,180
78,470
-67,666
55,411
-291,242
163,943
-40,173
16,472
-41,894
-149,657
460,770
Accruals and Deferred Income
-375,305
117,996
41,937
-19,341
42,263
4,848
187,602
Deferred Taxes & Provisions
-4,500
-1,252
12,097
11,292
37,447
-17,112
14,468
5,175
-1,091
3,803
-18,146
9,058
-2,091
5,631
28,221
Cash flow from operations
-32,884
-51,480
257,750
348,172
11,447
-63,879
237,443
11,681
-78,034
-28,867
9,090
-973,479
474,849
78,655
833,707
Investing Activities
capital expenditure
-10,350
-23,721
1,245
-5,973
-16,578
-211,596
-126,645
-100,801
-10,208
-15,069
-64,583
592,455
-6,807
-3,268
-842,825
Change in Investments
-12,499
12,500
cash flow from investments
-10,350
-23,721
1,245
6,526
-29,078
-211,596
-126,645
-100,801
-10,208
-15,069
-64,583
592,455
-6,807
-3,268
-842,825
Financing Activities
Bank loans
-91,130
91,130
Group/Directors Accounts
Other Short Term Loans
Long term loans
-54,442
-59,887
-101,484
25,747
72,346
117,720
-195,414
-20,897
216,311
Hire Purchase and Lease Commitments
other long term liabilities
-24,688
24,688
-173,230
173,230
share issue
6,000
interest
2,234
4,702
-4,228
-18,462
-26,708
-21,826
-68,165
-15,634
-1,654
290
537
1,391
-5,306
-13,466
-7,106
cash flow from financing
2,234
-19,986
-125,112
12,781
-128,192
3,921
4,181
102,086
-1,654
290
537
-171,839
-27,490
-34,363
215,205
cash and cash equivalents
cash
-41,000
-95,187
133,882
21,602
286
-127,566
130,026
-36,200
-43,646
-54,956
-575,048
441,841
42,239
225,770
overdraft
-345,876
146,110
143,988
15,047
-12,966
53,697
-22,185
1,289
1,214
19,682
change in cash
-41,000
-95,187
133,882
367,478
-145,824
-271,554
114,979
12,966
-89,897
-43,646
-54,956
-552,863
440,552
41,025
206,088
seed developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for seed developments limited. Get real-time insights into seed developments limited's credit score, group structure and payment trends.
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seed developments limited Ownership
SEED DEVELOPMENTS LIMITED group structure
Seed Developments Limited has 1 subsidiary company.
unit a huntworth way, north petherton, bridgwater, somerset, TA6 6FA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
seed developments 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 3 charges/mortgages relating to seed developments limited. Currently there are 1 open charges and 2 have been satisfied in the past.
seed developments 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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seed developments limitedCompanies House Filings - See Documents
