eakring farming limited
eakring farming limited Company Information
Company Number
01202840
Next Accounts
Dec 2025
Shareholders
christopher john parsons
marie louise parsons
View AllGroup Structure
View All
Industry
Growing of cereals (except rice), leguminous crops and oil seeds
Registered Address
the stables savile court, eakring, newark, notts, NG22 0BL
Website
-eakring farming limited Estimated Valuation
Pomanda estimates the enterprise value of EAKRING FARMING LIMITED at £5.9m based on a Turnover of £9.8m and 0.6x industry multiple (adjusted for size and gross margin).
eakring farming limited Estimated Valuation
Pomanda estimates the enterprise value of EAKRING FARMING LIMITED at £1.3m based on an EBITDA of £340.6k and a 3.85x industry multiple (adjusted for size and gross margin).
eakring farming limited Estimated Valuation
Pomanda estimates the enterprise value of EAKRING FARMING LIMITED at £5.1m based on Net Assets of £3.4m and 1.5x industry multiple (adjusted for liquidity).
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Eakring Farming Limited Overview
Eakring Farming Limited is a live company located in newark, NG22 0BL with a Companies House number of 01202840. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in March 1975, it's largest shareholder is christopher john parsons with a 65.3% stake. Eakring Farming Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.8m with declining growth in recent years.
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Eakring Farming Limited Health Check
Pomanda's financial health check has awarded Eakring Farming Limited a 3.5 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £9.8m, make it larger than the average company (£4.9m)
- Eakring Farming Limited
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.6%)
- Eakring Farming Limited
7.6% - Industry AVG
Production
with a gross margin of 31.9%, this company has a comparable cost of product (31.9%)
- Eakring Farming Limited
31.9% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (9%)
- Eakring Farming Limited
9% - Industry AVG
Employees
with 9 employees, this is below the industry average (34)
9 - Eakring Farming Limited
34 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Eakring Farming Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£177.7k)
- Eakring Farming Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (37 days)
- Eakring Farming Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (39 days)
- Eakring Farming Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Eakring Farming Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Eakring Farming Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23%, this is a lower level of debt than the average (45.1%)
23% - Eakring Farming Limited
45.1% - Industry AVG
EAKRING FARMING LIMITED financials
Eakring Farming Limited's latest turnover from March 2024 is estimated at £9.8 million and the company has net assets of £3.4 million. According to their latest financial statements, Eakring Farming Limited has 9 employees and maintains cash reserves of 0 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 | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 9 | 9 | 9 | 9 | 4 | ||||||||||
| EBITDA* |
* 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 | 1,891,674 | 1,774,985 | 1,875,065 | 1,695,363 | 1,697,134 | 1,758,852 | 1,851,768 | 1,906,661 | 1,600,363 | 1,553,697 | 1,559,680 | 1,344,763 | 1,261,616 | 1,050,162 | 1,050,686 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,891,674 | 1,774,985 | 1,875,065 | 1,695,363 | 1,697,134 | 1,758,852 | 1,851,768 | 1,906,661 | 1,600,363 | 1,553,697 | 1,559,680 | 1,344,763 | 1,261,616 | 1,050,162 | 1,050,686 |
| Stock & work in progress | 503,886 | 308,523 | 438,492 | 291,505 | 260,570 | 264,869 | 266,179 | 61,132 | 54,787 | ||||||
| Trade Debtors | 2,539,785 | 2,921,026 | 710,888 | 1,478,134 | 1,381,871 | 1,711,111 | 179,443 | 159,281 | 96,299 | 244,001 | 180,605 | 170,287 | 180,947 | 137,374 | 115,474 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,836,633 | 325,154 | 288,948 | 182,069 | |||||||||||
| Cash | 548,406 | 544,551 | 665,634 | 560,210 | 455,037 | 159,872 | 869,906 | 104,528 | 7,173 | ||||||
| misc current assets | 5,500 | 56,492 | |||||||||||||
| total current assets | 2,539,785 | 2,921,026 | 2,547,521 | 1,478,134 | 1,381,871 | 1,716,611 | 1,556,889 | 1,301,303 | 1,438,986 | 1,095,716 | 896,212 | 595,028 | 1,317,032 | 303,034 | 177,434 |
| total assets | 4,431,459 | 4,696,011 | 4,422,586 | 3,173,497 | 3,079,005 | 3,475,463 | 3,408,657 | 3,207,964 | 3,039,349 | 2,649,413 | 2,455,892 | 1,939,791 | 2,578,648 | 1,353,196 | 1,228,120 |
| Bank overdraft | |||||||||||||||
| Bank loan | 40,000 | 40,000 | 40,000 | ||||||||||||
| Trade Creditors | 147,624 | 248,397 | 81,305 | 1,665,714 | 1,579,216 | 1,974,633 | 18,237 | 13,064 | 5,701 | 1,652,523 | 1,503,778 | 1,223,632 | 1,993,650 | 817,353 | 714,433 |
| Group/Directors Accounts | 1,951,943 | 1,971,943 | 1,925,948 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 105,416 | 53,750 | 53,750 | 45,000 | |||||||||||
| other current liabilities | 279,560 | 110,268 | 275,692 | 42,574 | 5,999 | 4,200 | |||||||||
| total current liabilities | 572,600 | 452,415 | 450,747 | 1,665,714 | 1,579,216 | 1,974,633 | 2,012,754 | 1,991,006 | 1,980,849 | 1,652,523 | 1,503,778 | 1,223,632 | 1,993,650 | 817,353 | 714,433 |
| loans | 187,261 | 715,545 | 849,740 | ||||||||||||
| hp & lease commitments | 51,666 | 53,750 | 107,500 | 79,027 | 124,303 | 45,000 | |||||||||
| Accruals and Deferred Income | 45,843 | 4,800 | |||||||||||||
| other liabilities | 33,750 | 90,000 | 49,988 | 18,500 | |||||||||||
| provisions | 209,000 | 179,000 | 202,000 | ||||||||||||
| total long term liabilities | 447,927 | 948,295 | 1,159,240 | 45,843 | 38,550 | 79,027 | 124,303 | 45,000 | 90,000 | 49,988 | 18,500 | ||||
| total liabilities | 1,020,527 | 1,400,710 | 1,609,987 | 1,665,714 | 1,625,059 | 2,013,183 | 2,091,781 | 2,115,309 | 1,980,849 | 1,697,523 | 1,593,778 | 1,223,632 | 1,993,650 | 867,341 | 732,933 |
| net assets | 3,410,932 | 3,295,301 | 2,812,599 | 1,507,783 | 1,453,946 | 1,462,280 | 1,316,876 | 1,092,655 | 1,058,500 | 951,890 | 862,114 | 716,159 | 584,998 | 485,855 | 495,187 |
| total shareholders funds | 3,410,932 | 3,295,301 | 2,812,599 | 1,507,783 | 1,453,946 | 1,462,280 | 1,316,876 | 1,092,655 | 1,058,500 | 951,890 | 862,114 | 716,159 | 584,998 | 485,855 | 495,187 |
| 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 | |||||||||||||||
| Depreciation | 131,187 | 138,421 | 156,847 | 158,244 | 142,826 | 125,064 | 101,065 | 76,215 | 104,224 | 76,780 | 63,220 | ||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -503,886 | 195,363 | -129,969 | 146,987 | 30,935 | -4,299 | -1,310 | 205,047 | 6,345 | 54,787 | |||||
| Debtors | -381,241 | 373,505 | 1,069,387 | 96,263 | -329,240 | 1,206,514 | 56,368 | 169,861 | 34,367 | 63,396 | 10,318 | -10,660 | 43,573 | 21,900 | 115,474 |
| Creditors | -100,773 | 167,092 | -1,584,409 | 86,498 | -395,417 | 1,956,396 | 5,173 | 7,363 | -1,646,822 | 148,745 | 280,146 | -770,018 | 1,176,297 | 102,920 | 714,433 |
| Accruals and Deferred Income | 169,292 | -165,424 | 275,692 | -45,843 | 41,043 | -37,774 | 36,575 | 1,799 | 4,200 | ||||||
| Deferred Taxes & Provisions | 30,000 | -23,000 | 202,000 | ||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 40,000 | ||||||||||||||
| Group/Directors Accounts | -1,951,943 | -20,000 | 45,995 | 1,925,948 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -528,284 | -134,195 | 849,740 | ||||||||||||
| Hire Purchase and Lease Commitments | 49,582 | -53,750 | 161,250 | -79,027 | -45,276 | 79,303 | 45,000 | ||||||||
| other long term liabilities | -33,750 | 33,750 | -90,000 | 90,000 | -49,988 | 31,488 | 18,500 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -548,406 | 3,855 | -121,083 | 105,424 | 105,173 | 295,165 | -710,034 | 765,378 | 97,355 | 7,173 | |||||
| overdraft | |||||||||||||||
| change in cash | -548,406 | 3,855 | -121,083 | 105,424 | 105,173 | 295,165 | -710,034 | 765,378 | 97,355 | 7,173 |
eakring farming limited Credit Report and Business Information
Eakring Farming Limited Competitor Analysis
Perform a competitor analysis for eakring farming limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in NG22 area or any other competitors across 12 key performance metrics.
eakring farming limited Ownership
EAKRING FARMING LIMITED group structure
Eakring Farming Limited has no subsidiary companies.
Ultimate parent company
EAKRING FARMING LIMITED
01202840
eakring farming limited directors
Eakring Farming Limited currently has 6 directors. The longest serving directors include Dr Christopher Parsons (May 1991) and Dr Marie Parsons (May 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Christopher Parsons | 77 years | May 1991 | - | Director | |
| Dr Marie Parsons | 81 years | May 1991 | - | Director | |
| Mrs Sally Parsons | England | 77 years | Nov 2011 | - | Director |
| Mr Jade Ross | England | 52 years | Nov 2011 | - | Director |
| Mr Andrew Wells | England | 60 years | Apr 2021 | - | Director |
| Mr Alan Gresswell | England | 63 years | Apr 2021 | - | Director |
P&L
March 2024turnover
9.8m
-22%
operating profit
209.5k
0%
gross margin
31.9%
+4.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.4m
+0.04%
total assets
4.4m
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
eakring farming limited company details
company number
01202840
Type
Private limited with Share Capital
industry
01110 - Growing of cereals (except rice), leguminous crops and oil seeds
incorporation date
March 1975
age
50
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
PM & G LIMITED
auditor
-
address
the stables savile court, eakring, newark, notts, NG22 0BL
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
eakring farming 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 4 charges/mortgages relating to eakring farming limited. Currently there are 2 open charges and 2 have been satisfied in the past.
eakring farming 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.
Click to start generating capital raising & share issue transactions for EAKRING FARMING LIMITED. This can take several minutes, an email will notify you when this has completed.
eakring farming limited Companies House Filings - See Documents
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