ect farms limited
ect farms limited Company Information
Company Number
01324410
Registered Address
the ernest cook trust, fairford park, fairford, gloucestershire, GL7 4JH
Industry
Mixed farming
Telephone
01285712492
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
the ernest cook trust 100%
ect farms limited Estimated Valuation
Pomanda estimates the enterprise value of ECT FARMS LIMITED at £375.1k based on a Turnover of £709.9k and 0.53x industry multiple (adjusted for size and gross margin).
ect farms limited Estimated Valuation
Pomanda estimates the enterprise value of ECT FARMS LIMITED at £492.1k based on an EBITDA of £116.3k and a 4.23x industry multiple (adjusted for size and gross margin).
ect farms limited Estimated Valuation
Pomanda estimates the enterprise value of ECT FARMS LIMITED at £95.1k based on Net Assets of £64.4k and 1.48x industry multiple (adjusted for liquidity).
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Ect Farms Limited Overview
Ect Farms Limited is a live company located in fairford, GL7 4JH with a Companies House number of 01324410. It operates in the mixed farming sector, SIC Code 01500. Founded in August 1977, it's largest shareholder is the ernest cook trust with a 100% stake. Ect Farms Limited is a mature, small sized company, Pomanda has estimated its turnover at £709.9k with rapid growth in recent years.
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Ect Farms Limited Health Check
Pomanda's financial health check has awarded Ect Farms Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £709.9k, make it smaller than the average company (£1.4m)
£709.9k - Ect Farms Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (8%)
77% - Ect Farms Limited
8% - Industry AVG
Production
with a gross margin of 35.8%, this company has a comparable cost of product (35.2%)
35.8% - Ect Farms Limited
35.2% - Industry AVG
Profitability
an operating margin of 15% make it more profitable than the average company (7.6%)
15% - Ect Farms Limited
7.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (18)
3 - Ect Farms Limited
18 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ect Farms Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £236.6k, this is more efficient (£93.2k)
£236.6k - Ect Farms Limited
£93.2k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (22 days)
60 days - Ect Farms Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (38 days)
94 days - Ect Farms Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 135 days, this is more than average (103 days)
135 days - Ect Farms Limited
103 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (25 weeks)
9 weeks - Ect Farms Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92%, this is a higher level of debt than the average (41.2%)
92% - Ect Farms Limited
41.2% - Industry AVG
ECT FARMS LIMITED financials
Ect Farms Limited's latest turnover from March 2023 is £709.9 thousand and the company has net assets of £64.4 thousand. According to their latest financial statements, Ect Farms Limited has 3 employees and maintains cash reserves of £128.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 709,926 | 160,751 | 108,301 | 127,828 | 115,638 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 455,808 | 160,877 | 35,692 | 78,940 | ||||||||||
| Gross Profit | 254,118 | -126 | 72,609 | 48,888 | ||||||||||
| Admin Expenses | 147,832 | 86,801 | 41,539 | 28,375 | ||||||||||
| Operating Profit | 106,286 | -86,927 | 31,070 | 20,513 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | 106,286 | -86,927 | 31,070 | 20,513 | 16,008 | |||||||||
| Tax | 0 | 0 | 0 | 0 | 0 | |||||||||
| Profit After Tax | 106,286 | -86,927 | 31,070 | 20,513 | 16,008 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | 106,286 | -86,927 | 31,070 | 20,513 | 16,008 | |||||||||
| Employee Costs | 0 | 0 | 0 | 0 | ||||||||||
| Number Of Employees | 3 | 3 | 4 | 4 | ||||||||||
| EBITDA* | 116,310 | -86,927 | 31,070 | 20,513 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 35,110 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 35,110 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 169,764 | 136,117 | 16,330 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 116,929 | 48,036 | 0 | 0 | 115,638 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 100 | 18,659 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 302,678 | 219,765 | 22,514 | 13,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 128,113 | 24,127 | 47,195 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 51,284 | 38,773 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 768,768 | 466,818 | 86,139 | 31,659 | 115,738 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 803,878 | 466,818 | 86,139 | 31,659 | 115,738 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 117,643 | 9,351 | 0 | 0 | 137,737 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 487,374 | 428,857 | 20,909 | 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 | 134,427 | 70,462 | 20,155 | 42,749 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 739,444 | 508,670 | 41,064 | 42,749 | 137,737 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 739,444 | 508,670 | 41,064 | 42,749 | 137,737 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 64,434 | -41,852 | 45,075 | -11,090 | -21,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 64,434 | -41,852 | 45,075 | -11,090 | -21,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 106,286 | -86,927 | 31,070 | 20,513 | ||||||||||
| Depreciation | 10,024 | 0 | 0 | 0 | 0 | |||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||||||||
| Tax | 0 | 0 | 0 | 0 | 0 | |||||||||
| Stock | 33,647 | 119,787 | 16,330 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 151,806 | 245,187 | -9,045 | -84,079 | 115,738 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 108,292 | 9,351 | 0 | -137,737 | 137,737 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 63,965 | 50,307 | -22,594 | 42,749 | 0 | 0 | 0 | 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 | 103,114 | -392,243 | 1,191 | 9,604 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 58,517 | 407,948 | 20,909 | 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 | 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 | |||||||||
| cash flow from financing | 58,517 | 407,948 | 46,004 | -9,604 | -38,007 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 103,986 | -23,068 | 47,195 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 103,986 | -23,068 | 47,195 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ect farms limited Credit Report and Business Information
Ect Farms Limited Competitor Analysis
Perform a competitor analysis for ect farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in GL7 area or any other competitors across 12 key performance metrics.
ect farms limited Ownership
ECT FARMS LIMITED group structure
Ect Farms Limited has no subsidiary companies.
ect farms limited directors
Ect Farms Limited currently has 3 directors. The longest serving directors include Mr Michael Birnie (Mar 2018) and Ms Jenefer Greenwood (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Birnie | 45 years | Mar 2018 | - | Director | |
| Ms Jenefer Greenwood | 67 years | May 2018 | - | Director | |
| Mr Ian Pigott | 55 years | Dec 2022 | - | Director |
P&L
March 2023turnover
709.9k
+342%
operating profit
106.3k
-222%
gross margin
35.8%
-45767.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
64.4k
-2.54%
total assets
803.9k
+0.72%
cash
128.1k
+4.31%
net assets
Total assets minus all liabilities
Similar Companies
ect farms limited company details
company number
01324410
Type
Private limited with Share Capital
industry
01500 - Mixed farming
incorporation date
August 1977
age
47
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
dawnwake limited (December 1977)
accountant
-
auditor
PRICE BAILEY LLP
address
the ernest cook trust, fairford park, fairford, gloucestershire, GL7 4JH
Bank
-
Legal Advisor
-
ect 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 did not find charges/mortgages relating to ect farms limited.
ect farms limited Companies House Filings - See Documents
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