d & s farms limited
d & s farms limited Company Information
Company Number
00858350
Website
www.atwaterpacking.comRegistered Address
the farm office denton, grantham, lincolnshire, NG32 1LG
Industry
Growing of cereals (except rice), leguminous crops and oil seeds
Raising of sheep and goats
Telephone
01476870309
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
sir richard henry gregory welby 51.7%
richard henry gregory welby 33.3%
View Alld & s farms limited Estimated Valuation
Pomanda estimates the enterprise value of D & S FARMS LIMITED at £138.1k based on a Turnover of £159.7k and 0.87x industry multiple (adjusted for size and gross margin).
d & s farms limited Estimated Valuation
Pomanda estimates the enterprise value of D & S FARMS LIMITED at £936.6k based on an EBITDA of £100.7k and a 9.3x industry multiple (adjusted for size and gross margin).
d & s farms limited Estimated Valuation
Pomanda estimates the enterprise value of D & S FARMS LIMITED at £5.6m based on Net Assets of £4m and 1.4x industry multiple (adjusted for liquidity).
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D & S Farms Limited Overview
D & S Farms Limited is a live company located in lincolnshire, NG32 1LG with a Companies House number of 00858350. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in September 1965, it's largest shareholder is sir richard henry gregory welby with a 51.7% stake. D & S Farms Limited is a mature, micro sized company, Pomanda has estimated its turnover at £159.7k with declining growth in recent years.
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D & S Farms Limited Health Check
Pomanda's financial health check has awarded D & S Farms Limited a 3 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
3 Strong
1 Regular
5 Weak
Size
annual sales of £159.7k, make it smaller than the average company (£3m)
£159.7k - D & S Farms Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (3.3%)
-1% - D & S Farms Limited
3.3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (27.7%)
100% - D & S Farms Limited
27.7% - Industry AVG
Profitability
an operating margin of 62.9% make it more profitable than the average company (9.1%)
62.9% - D & S Farms Limited
9.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (21)
3 - D & S Farms Limited
21 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)
- D & S Farms Limited
£31.3k - Industry AVG
Efficiency
resulting in sales per employee of £53.2k, this is less efficient (£136.3k)
£53.2k - D & S Farms Limited
£136.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - D & S Farms Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - D & S Farms Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - D & S Farms Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (33 weeks)
9 weeks - D & S Farms Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.6%, this is a lower level of debt than the average (46.1%)
18.6% - D & S Farms Limited
46.1% - Industry AVG
D & S FARMS LIMITED financials
D & S Farms Limited's latest turnover from April 2023 is £159.7 thousand and the company has net assets of £4 million. According to their latest financial statements, D & S Farms Limited has 3 employees and maintains cash reserves of £116.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 159,692 | 156,014 | 138,833 | 162,586 | 139,836 | 563,242 | 334,895 | 307,084 | 284,855 | 434,287 | 464,936 | 395,437 | 244,399 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Gross Profit | 159,692 | 156,014 | 138,833 | 162,586 | 139,836 | 563,242 | ||||||||
| Admin Expenses | 59,326 | -706,852 | 122,146 | 117,955 | 116,765 | -333,596 | ||||||||
| Operating Profit | 100,366 | 862,866 | 16,687 | 44,631 | 23,071 | 896,838 | 135,442 | 215,012 | 161,065 | 13,583 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,582 | 2,720 | 1,346 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 100,366 | 862,866 | 16,687 | 44,631 | 23,071 | 896,890 | 66,419 | 30,599 | 5,899 | 340,843 | 326,364 | 161,065 | 13,583 | |
| Tax | -19,730 | -216,950 | 29,739 | -12,987 | -6,239 | -64,573 | -13,307 | -8,673 | -2,899 | -78,422 | -51,482 | -6,165 | 37,429 | |
| Profit After Tax | 80,636 | 645,916 | 46,426 | 31,644 | 16,832 | 832,317 | 53,112 | 21,926 | 3,000 | 262,421 | 274,882 | 154,900 | 51,012 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 80,636 | 645,916 | 46,426 | 31,644 | 16,832 | 832,317 | 53,112 | 21,926 | 3,000 | 262,421 | 274,882 | 154,900 | 51,012 | |
| Employee Costs | 0 | 30,501 | 10,457 | 10,860 | 10,549 | |||||||||
| Number Of Employees | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* | 100,672 | 863,417 | 17,422 | 45,614 | 24,383 | 898,597 | 142,825 | 224,856 | 166,939 | 21,415 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,005,154 | 4,018,387 | 2,798,065 | 2,978,813 | 2,204,354 | 1,667,699 | 1,150,871 | 1,003,209 | 1,006,324 | 1,010,477 | 920,014 | 992,837 | 1,008,925 | 1,014,799 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 746,935 | 762,443 | 1,120,773 | 882,063 | 1,070,042 | 1,083,723 | 1,267,443 | 1,315,345 | 1,246,000 | 1,234,151 | 1,313,000 | 1,223,849 | 1,034,794 | 881,548 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,752,089 | 4,780,830 | 3,918,838 | 3,860,876 | 3,274,396 | 2,751,422 | 2,418,314 | 2,318,554 | 2,252,324 | 2,244,628 | 2,233,014 | 2,216,686 | 2,043,719 | 1,896,347 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 24,488 | 1,103 | 615 | 615 | 2,656 | 700,615 | 9,591 | 308 | 246,190 | 74,656 | 13,509 | 77,640 | 0 | 26,904 |
| Cash | 116,186 | 674,034 | 438 | 0 | 132,166 | 7,725 | 35,255 | 259,371 | 0 | 46,821 | 190,561 | 0 | 0 | 4,229 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 140,674 | 675,137 | 1,053 | 615 | 134,822 | 708,340 | 44,846 | 259,679 | 246,190 | 121,477 | 204,070 | 77,640 | 0 | 31,133 |
| total assets | 4,892,763 | 5,455,967 | 3,919,891 | 3,861,491 | 3,409,218 | 3,459,762 | 2,463,160 | 2,578,233 | 2,498,514 | 2,366,105 | 2,437,084 | 2,294,326 | 2,043,719 | 1,927,480 |
| Bank overdraft | 0 | 0 | 0 | 49,424 | 0 | 0 | 0 | 0 | 57,556 | 0 | 0 | 60,118 | 71,400 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 87,740 | 87,740 | 240,497 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,388 | 0 |
| other short term finances | 597,097 | 1,261,045 | 582,620 | 533,998 | 165,262 | 148,654 | 74,015 | 126,976 | 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 | 73,774 | 56,768 | 61,885 | 14,950 | 12,497 | 96,258 | 5,760 | 20,950 | 63,195 | 10,327 | 82,477 | 59,415 | 38,211 | 0 |
| total current liabilities | 670,871 | 1,317,813 | 644,505 | 598,372 | 177,759 | 244,912 | 79,775 | 147,926 | 120,751 | 10,327 | 82,477 | 207,273 | 228,739 | 240,497 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 237,372 | 234,270 | 17,418 | 51,577 | 51,561 | 51,784 | 52,636 | 2,795 | 3,363 | 3,304 | 5,133 | 0 | 2,809 | 29,712 |
| total long term liabilities | 237,372 | 234,270 | 17,418 | 51,577 | 51,561 | 51,784 | 52,636 | 2,795 | 3,363 | 3,304 | 5,133 | 0 | 2,809 | 29,712 |
| total liabilities | 908,243 | 1,552,083 | 661,923 | 649,949 | 229,320 | 296,696 | 132,411 | 150,721 | 124,114 | 13,631 | 87,610 | 207,273 | 231,548 | 270,209 |
| net assets | 3,984,520 | 3,903,884 | 3,257,968 | 3,211,542 | 3,179,898 | 3,163,066 | 2,330,749 | 2,427,512 | 2,374,400 | 2,352,474 | 2,349,474 | 2,087,053 | 1,812,171 | 1,657,271 |
| total shareholders funds | 3,984,520 | 3,903,884 | 3,257,968 | 3,211,542 | 3,179,898 | 3,163,066 | 2,330,749 | 2,427,512 | 2,374,400 | 2,352,474 | 2,349,474 | 2,087,053 | 1,812,171 | 1,657,271 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 100,366 | 862,866 | 16,687 | 44,631 | 23,071 | 896,838 | 135,442 | 215,012 | 161,065 | 13,583 | ||||
| Depreciation | 306 | 551 | 735 | 983 | 1,312 | 1,759 | 2,338 | 3,115 | 4,153 | 5,537 | 7,383 | 9,844 | 5,874 | 7,832 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -19,730 | -216,950 | 29,739 | -12,987 | -6,239 | -64,573 | -13,307 | -8,673 | -2,899 | -78,422 | -51,482 | -6,165 | 37,429 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 23,385 | 488 | 0 | -2,041 | -697,959 | 691,024 | 9,283 | -245,882 | 171,534 | 61,147 | -64,131 | 77,640 | -26,904 | 26,904 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -87,740 | 0 | -152,757 | 240,497 |
| Accruals and Deferred Income | 17,006 | -5,117 | 46,935 | 2,453 | -83,761 | 90,498 | -15,190 | -42,245 | 52,868 | -72,150 | 23,062 | 21,204 | 38,211 | 0 |
| Deferred Taxes & Provisions | 3,102 | 216,852 | -34,159 | 16 | -223 | -852 | 49,841 | -568 | 59 | -1,829 | 5,133 | -2,809 | -26,903 | 29,712 |
| Cash flow from operations | 77,665 | 857,714 | 59,937 | 37,137 | 632,119 | 232,646 | 68,989 | 114,129 | 46,229 | 302,149 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -15,508 | -358,330 | 238,710 | -187,979 | -13,681 | -183,720 | -47,902 | 69,345 | 11,849 | -78,849 | 89,151 | 189,055 | 153,246 | 881,548 |
| cash flow from investments | ||||||||||||||
| 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 | -31,388 | 31,388 | 0 |
| Other Short Term Loans | -663,948 | 678,425 | 48,622 | 368,736 | 16,608 | 74,639 | -52,961 | 126,976 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 52 | 0 | 0 | 0 | -2,582 | -2,720 | -1,346 | 0 | |
| cash flow from financing | -663,948 | 678,425 | 48,622 | 368,736 | 16,608 | 74,691 | 126,976 | 0 | 0 | -2,582 | -34,108 | 30,042 | 1,606,259 | |
| cash and cash equivalents | ||||||||||||||
| cash | -557,848 | 673,596 | 438 | -132,166 | 124,441 | -27,530 | -224,116 | 259,371 | -46,821 | -143,740 | 190,561 | 0 | -4,229 | 4,229 |
| overdraft | 0 | 0 | -49,424 | 49,424 | 0 | 0 | 0 | -57,556 | 57,556 | 0 | -60,118 | -11,282 | 71,400 | 0 |
| change in cash | -557,848 | 673,596 | 49,862 | -181,590 | 124,441 | -27,530 | -224,116 | 316,927 | -104,377 | -143,740 | 250,679 | 11,282 | -75,629 | 4,229 |
d & s farms limited Credit Report and Business Information
D & S Farms Limited Competitor Analysis
Perform a competitor analysis for d & s farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in NG32 area or any other competitors across 12 key performance metrics.
d & s farms limited Ownership
D & S FARMS LIMITED group structure
D & S Farms Limited has no subsidiary companies.
Ultimate parent company
D & S FARMS LIMITED
00858350
d & s farms limited directors
D & S Farms Limited currently has 2 directors. The longest serving directors include Sir Richard Welby (Feb 1991) and Mr Dominic Welby (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Sir Richard Welby | 96 years | Feb 1991 | - | Director | |
| Mr Dominic Welby | United Kingdom | 64 years | Apr 2017 | - | Director |
P&L
April 2023turnover
159.7k
+2%
operating profit
100.4k
-88%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
4m
+0.02%
total assets
4.9m
-0.1%
cash
116.2k
-0.83%
net assets
Total assets minus all liabilities
d & s farms limited company details
company number
00858350
Type
Private limited with Share Capital
industry
01110 - Growing of cereals (except rice), leguminous crops and oil seeds
01450 - Raising of sheep and goats
incorporation date
September 1965
age
59
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
the farm office denton, grantham, lincolnshire, NG32 1LG
accountant
MENZIES LLP
auditor
-
d & s farms 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 1 charges/mortgages relating to d & s farms limited. Currently there are 1 open charges and 0 have been satisfied in the past.
d & s farms limited Companies House Filings - See Documents
| date | description | view/download |
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