
Company Number
01746568
Next Accounts
Sep 2025
Shareholders
juddmonte ltd
Group Structure
View All
Industry
Raising of horses and other equines
Registered Address
banstead manor stud, cheveley, newmarket, suffolk, CB8 9RD
Website
http://www.juddmonte.comPomanda estimates the enterprise value of JUDDMONTE FARMS LIMITED at £95.3m based on a Turnover of £71.6m and 1.33x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of JUDDMONTE FARMS LIMITED at £115.4m based on an EBITDA of £12m and a 9.6x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of JUDDMONTE FARMS LIMITED at £83.8m based on Net Assets of £57.1m and 1.47x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Juddmonte Farms Limited is a live company located in newmarket, CB8 9RD with a Companies House number of 01746568. It operates in the raising of horses and other equines sector, SIC Code 01430. Founded in August 1983, it's largest shareholder is juddmonte ltd with a 100% stake. Juddmonte Farms Limited is a mature, large sized company, Pomanda has estimated its turnover at £71.6m with declining growth in recent years.
Pomanda's financial health check has awarded Juddmonte Farms Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £71.6m, make it larger than the average company (£333.3k)
£71.6m - Juddmonte Farms Limited
£333.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (1.7%)
-2% - Juddmonte Farms Limited
1.7% - Industry AVG
Production
with a gross margin of 38.6%, this company has a lower cost of product (-0.4%)
38.6% - Juddmonte Farms Limited
-0.4% - Industry AVG
Profitability
an operating margin of 15.4% make it more profitable than the average company (-24.3%)
15.4% - Juddmonte Farms Limited
-24.3% - Industry AVG
Employees
with 79 employees, this is above the industry average (11)
79 - Juddmonte Farms Limited
11 - Industry AVG
Pay Structure
on an average salary of £60.8k, the company has a higher pay structure (£29.2k)
£60.8k - Juddmonte Farms Limited
£29.2k - Industry AVG
Efficiency
resulting in sales per employee of £906.4k, this is more efficient (£66.7k)
£906.4k - Juddmonte Farms Limited
£66.7k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (34 days)
71 days - Juddmonte Farms Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (15 days)
71 days - Juddmonte Farms Limited
15 days - Industry AVG
Stock Days
it holds stock equivalent to 634 days, this is more than average (425 days)
634 days - Juddmonte Farms Limited
425 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (39 weeks)
3 weeks - Juddmonte Farms Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (20.2%)
76.8% - Juddmonte Farms Limited
20.2% - Industry AVG
Juddmonte Farms Limited's latest turnover from December 2023 is £71.6 million and the company has net assets of £57.1 million. According to their latest financial statements, Juddmonte Farms Limited has 79 employees and maintains cash reserves of £9.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 71,601,691 | 60,655,576 | 59,938,082 | 75,037,680 | 69,527,422 | 68,798,003 | 63,572,342 | 45,556,150 | 53,392,904 | 43,851,438 | 37,852,408 | 28,036,939 | 55,927,484 | 26,147,791 | 27,091,524 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 44,000,439 | 41,180,676 | 40,683,712 | 34,488,280 | 36,280,238 | 33,502,405 | 32,359,635 | 27,088,853 | 24,551,937 | 25,647,985 | 24,740,439 | 14,701,810 | 15,532,250 | 17,541,814 | 15,955,124 |
Gross Profit | 27,601,252 | 19,474,900 | 19,254,370 | 40,549,400 | 33,247,184 | 35,295,598 | 31,212,707 | 18,467,297 | 28,840,967 | 18,203,453 | 13,111,969 | 13,335,129 | 40,395,234 | 8,605,977 | 11,136,400 |
Admin Expenses | 16,579,133 | 24,364,660 | 19,378,909 | 18,387,454 | 20,962,442 | 24,105,899 | 19,733,048 | 16,905,824 | 18,451,329 | 16,468,422 | 17,203,194 | 17,677,862 | 15,579,467 | 15,302,583 | 10,686,112 |
Operating Profit | 11,022,119 | -4,889,760 | -124,539 | 22,161,946 | 12,284,742 | 11,189,699 | 11,479,659 | 1,561,473 | 10,389,638 | 1,735,031 | -4,091,225 | -4,342,733 | 24,815,767 | -6,696,606 | 450,288 |
Interest Payable | 3,913,477 | 2,069,943 | 1,382,087 | 1,619,316 | 1,817,201 | 1,693,910 | 1,592,518 | 1,714,347 | 1,700,735 | 1,663,573 | 1,657,388 | 2,001,537 | 1,905,616 | 1,817,226 | 2,645,952 |
Interest Receivable | 1,111 | 1,512 | 22 | 15 | 15 | 8,965 | |||||||||
Pre-Tax Profit | 7,108,642 | -6,959,703 | -1,506,626 | 20,542,630 | 10,467,541 | 9,495,789 | 9,887,141 | -152,874 | 8,688,903 | 72,569 | -5,747,101 | -6,344,248 | 22,910,166 | -8,513,817 | -2,186,699 |
Tax | -1,415,155 | 37,654 | -4,418,236 | -1,078,521 | 921,208 | -764,696 | |||||||||
Profit After Tax | 5,693,487 | -6,959,703 | -1,468,972 | 16,124,394 | 9,389,020 | 10,416,997 | 9,122,445 | -152,874 | 8,688,903 | 72,569 | -5,747,101 | -6,344,248 | 22,910,166 | -8,513,817 | -2,186,699 |
Dividends Paid | |||||||||||||||
Retained Profit | 5,693,487 | -6,959,703 | -1,468,972 | 16,124,394 | 4,862,949 | 10,416,997 | 9,122,445 | -152,874 | 8,688,903 | 72,569 | -5,747,101 | -6,344,248 | 22,910,166 | -8,513,817 | -2,186,699 |
Employee Costs | 4,803,441 | 4,317,727 | 4,677,714 | 4,346,184 | 4,295,655 | 4,495,610 | 4,982,518 | 5,280,934 | 5,162,466 | 4,884,205 | 4,731,923 | 4,424,505 | 4,103,164 | 4,099,465 | 3,845,367 |
Number Of Employees | 79 | 74 | 78 | 81 | 83 | 89 | 99 | 111 | 110 | 112 | 117 | 114 | 114 | 115 | 119 |
EBITDA* | 12,016,228 | -3,892,704 | 885,477 | 23,173,451 | 13,484,791 | 12,054,304 | 12,378,219 | 2,621,610 | 11,434,203 | 2,744,908 | -3,116,741 | -3,352,903 | 25,833,203 | -5,704,543 | 1,449,926 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 47,596,112 | 48,114,815 | 48,677,207 | 49,181,381 | 50,046,266 | 15,180,945 | 15,438,203 | 18,178,292 | 18,597,434 | 18,693,169 | 18,657,902 | 18,952,592 | 19,130,827 | 19,016,724 | 19,368,034 |
Intangible Assets | |||||||||||||||
Investments & Other | 20,100 | 20,100 | |||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 47,616,212 | 48,134,915 | 48,677,207 | 49,181,381 | 50,046,266 | 15,180,945 | 15,438,203 | 18,178,292 | 18,597,434 | 18,693,169 | 18,657,902 | 18,952,592 | 19,130,827 | 19,016,724 | 19,368,034 |
Stock & work in progress | 76,547,285 | 64,637,826 | 59,160,534 | 57,557,730 | 53,690,312 | 50,698,736 | 52,250,816 | 44,698,407 | 47,767,870 | 43,085,605 | 41,884,845 | 47,357,953 | 41,131,374 | 31,722,136 | 32,390,844 |
Trade Debtors | 13,993,594 | 12,092,158 | 12,713,876 | 11,190,117 | 7,591,054 | 10,540,234 | 7,927,161 | 6,868,542 | 6,757,767 | 6,674,164 | 5,403,335 | 2,729,290 | 2,371,211 | 1,609,880 | 2,064,494 |
Group Debtors | 94,033,424 | 89,634,010 | 83,608,942 | 64,107,406 | 48,449,286 | 25,915,503 | 11,078,019 | 6,927,643 | 5,565,762 | 3,700,706 | 3,126,488 | 1,570,361 | 4,407,413 | 2,357,268 | 1,794,954 |
Misc Debtors | 4,218,867 | 3,881,804 | 3,660,571 | 1,209,430 | 3,833,838 | 3,955,373 | 2,155,198 | 1,669,157 | 2,022,083 | 1,223,183 | 1,514,032 | 1,070,377 | 2,136,491 | 2,055,963 | 1,606,316 |
Cash | 9,829,310 | 3,807,871 | 1,732,804 | 2,033,915 | 4,427,916 | 1,722,686 | 1,271,700 | 1,919,620 | 2,752,761 | 594,123 | 2,251,685 | 3,486,449 | 3,099,507 | 2,651,024 | 2,569,332 |
misc current assets | |||||||||||||||
total current assets | 198,622,480 | 174,053,669 | 160,876,727 | 136,098,598 | 117,992,406 | 92,832,532 | 74,682,894 | 62,083,369 | 64,866,243 | 55,277,781 | 54,180,385 | 56,214,430 | 53,145,996 | 40,396,271 | 40,425,940 |
total assets | 246,238,692 | 222,188,584 | 209,553,934 | 185,279,979 | 168,038,672 | 108,013,477 | 90,121,097 | 80,261,661 | 83,463,677 | 73,970,950 | 72,838,287 | 75,167,022 | 72,276,823 | 59,412,995 | 59,793,974 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 8,590,482 | 2,536,782 | 769,552 | 1,677,384 | 1,445,524 | 1,857,868 | 1,160,783 | 868,602 | 1,004,544 | 884,017 | 1,080,916 | 854,975 | 657,053 | 722,430 | 659,786 |
Group/Directors Accounts | 120,696,386 | 109,548,475 | 93,123,293 | 63,754,199 | 64,269,507 | 19,511,163 | 11,097,548 | 12,135,677 | 14,996,425 | 14,606,775 | 14,145,643 | 10,348,850 | 1,696,892 | 12,529,138 | 4,483,237 |
other short term finances | 53,000,000 | ||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 2,258,974 | 1,897,964 | 4,333,942 | 7,052,277 | 1,594,690 | 3,872,484 | 5,479,301 | 3,967,862 | 3,991,814 | 3,669,667 | 2,123,018 | 2,727,386 | 2,342,819 | 1,491,534 | 1,467,241 |
total current liabilities | 131,545,842 | 113,983,221 | 98,226,787 | 72,483,860 | 67,309,721 | 25,241,515 | 17,737,632 | 69,972,141 | 19,992,783 | 19,160,459 | 17,349,577 | 13,931,211 | 4,696,764 | 14,743,102 | 6,610,264 |
loans | 53,000,000 | 53,000,000 | 53,000,000 | 53,000,000 | 53,000,000 | 53,000,000 | 53,000,000 | 53,000,000 | 53,000,000 | 53,880,116 | 53,880,116 | 53,880,116 | 53,880,116 | 53,880,116 | |
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 15,328 | 43,828 | 72,328 | 100,828 | 129,328 | ||||||||||
provisions | 4,579,000 | 3,785,000 | 4,057,226 | ||||||||||||
total long term liabilities | 57,579,000 | 56,785,000 | 53,000,000 | 53,000,000 | 57,057,226 | 53,015,328 | 53,043,828 | 72,328 | 53,100,828 | 53,129,328 | 53,880,116 | 53,880,116 | 53,880,116 | 53,880,116 | 53,880,116 |
total liabilities | 189,124,842 | 170,768,221 | 151,226,787 | 125,483,860 | 124,366,947 | 78,256,843 | 70,781,460 | 70,044,469 | 73,093,611 | 72,289,787 | 71,229,693 | 67,811,327 | 58,576,880 | 68,623,218 | 60,490,380 |
net assets | 57,113,850 | 51,420,363 | 58,327,147 | 59,796,119 | 43,671,725 | 29,756,634 | 19,339,637 | 10,217,192 | 10,370,066 | 1,681,163 | 1,608,594 | 7,355,695 | 13,699,943 | -9,210,223 | -696,406 |
total shareholders funds | 57,113,850 | 51,420,363 | 58,327,147 | 59,796,119 | 43,671,725 | 29,756,634 | 19,339,637 | 10,217,192 | 10,370,066 | 1,681,163 | 1,608,594 | 7,355,695 | 13,699,943 | -9,210,223 | -696,406 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 11,022,119 | -4,889,760 | -124,539 | 22,161,946 | 12,284,742 | 11,189,699 | 11,479,659 | 1,561,473 | 10,389,638 | 1,735,031 | -4,091,225 | -4,342,733 | 24,815,767 | -6,696,606 | 450,288 |
Depreciation | 994,109 | 997,056 | 1,010,016 | 1,011,505 | 1,200,049 | 864,605 | 898,560 | 1,060,137 | 1,044,565 | 1,009,877 | 974,484 | 989,830 | 1,017,436 | 992,063 | 999,638 |
Amortisation | |||||||||||||||
Tax | -1,415,155 | 37,654 | -4,418,236 | -1,078,521 | 921,208 | -764,696 | |||||||||
Stock | 11,909,459 | 5,477,292 | 1,602,804 | 3,867,418 | 2,991,576 | -1,552,080 | 7,552,409 | -3,069,463 | 4,682,265 | 1,200,760 | -5,473,108 | 6,226,579 | 9,409,238 | -668,708 | 32,390,844 |
Debtors | 6,637,913 | 5,624,583 | 23,476,436 | 16,632,775 | 19,463,068 | 19,250,732 | 5,695,036 | 1,119,730 | 2,747,559 | 1,554,198 | 4,673,827 | -3,545,087 | 2,892,004 | 557,347 | 5,465,764 |
Creditors | 6,053,700 | 1,767,230 | -907,832 | 231,860 | -412,344 | 697,085 | 292,181 | -135,942 | 120,527 | -196,899 | 225,941 | 197,922 | -65,377 | 62,644 | 659,786 |
Accruals and Deferred Income | 361,010 | -2,435,978 | -2,718,335 | 5,457,587 | -2,277,794 | -1,606,817 | 1,511,439 | -23,952 | 322,147 | 1,546,649 | -604,368 | 384,567 | 851,285 | 24,293 | 1,467,241 |
Deferred Taxes & Provisions | 794,000 | 3,785,000 | -4,057,226 | 4,057,226 | |||||||||||
Cash flow from operations | -737,589 | -11,878,327 | -27,782,276 | -112,757 | -8,681,286 | -5,632,872 | 169,698 | 4,411,449 | 4,447,053 | 1,339,700 | -2,695,887 | -5,451,906 | 14,317,869 | -5,506,245 | -34,279,655 |
Investing Activities | |||||||||||||||
capital expenditure | -504,050 | -1,017,412 | -629,194 | -954,221 | -1,072,123 | -649,659 | -800,161 | -1,100,740 | -628,368 | -322,770 | |||||
Change in Investments | 20,100 | ||||||||||||||
cash flow from investments | -20,100 | -504,050 | -1,017,412 | -629,194 | -954,221 | -1,072,123 | -649,659 | -800,161 | -1,100,740 | -628,368 | -322,770 | ||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 11,147,911 | 16,425,182 | 29,369,094 | -515,308 | 44,758,344 | 8,413,615 | -1,038,129 | -2,860,748 | 389,650 | 461,132 | 3,796,793 | 8,651,958 | -10,832,246 | 8,045,901 | 4,483,237 |
Other Short Term Loans | -53,000,000 | 53,000,000 | |||||||||||||
Long term loans | 53,000,000 | -53,000,000 | -880,116 | 53,880,116 | |||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -15,328 | -28,500 | -28,500 | -28,500 | -28,500 | 129,328 | |||||||||
share issue | |||||||||||||||
interest | -3,913,477 | -2,069,943 | -1,382,087 | -1,619,316 | -1,817,201 | -1,693,910 | -1,592,518 | -1,714,347 | -1,700,735 | -1,662,462 | -1,655,876 | -2,001,515 | -1,905,601 | -1,817,211 | -2,636,987 |
cash flow from financing | 7,234,434 | 14,408,158 | 27,987,007 | -2,134,624 | 51,977,957 | 6,691,205 | -2,659,147 | -4,603,595 | -1,339,585 | -1,952,118 | 2,140,917 | 6,650,443 | -12,737,847 | 6,228,690 | 57,216,659 |
cash and cash equivalents | |||||||||||||||
cash | 6,021,439 | 2,075,067 | -301,111 | -2,394,001 | 2,705,230 | 450,986 | -647,920 | -833,141 | 2,158,638 | -1,657,562 | -1,234,764 | 386,942 | 448,483 | 81,692 | 2,569,332 |
overdraft | |||||||||||||||
change in cash | 6,021,439 | 2,075,067 | -301,111 | -2,394,001 | 2,705,230 | 450,986 | -647,920 | -833,141 | 2,158,638 | -1,657,562 | -1,234,764 | 386,942 | 448,483 | 81,692 | 2,569,332 |
Perform a competitor analysis for juddmonte farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other large companies, companies in CB8 area or any other competitors across 12 key performance metrics.
JUDDMONTE FARMS LIMITED group structure
Juddmonte Farms Limited has 2 subsidiary companies.
Ultimate parent company
JUDDMONTE LTD
#0015367
1 parent
JUDDMONTE FARMS LIMITED
01746568
2 subsidiaries
Juddmonte Farms Limited currently has 3 directors. The longest serving directors include Mr James Swartz (May 1991) and Mr Douglas Erskine Crum (Mar 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Swartz | 78 years | May 1991 | - | Director | |
Mr Douglas Erskine Crum | 75 years | Mar 2015 | - | Director | |
Mr Michael Saunders | Scotland | 58 years | Aug 2016 | - | Director |
P&L
December 2023turnover
71.6m
+18%
operating profit
11m
-325%
gross margin
38.6%
+20.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
57.1m
+0.11%
total assets
246.2m
+0.11%
cash
9.8m
+1.58%
net assets
Total assets minus all liabilities
company number
01746568
Type
Private limited with Share Capital
industry
01430 - Raising of horses and other equines
incorporation date
August 1983
age
42
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
extracast limited (November 1983)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
banstead manor stud, cheveley, newmarket, suffolk, CB8 9RD
Bank
BANK OF IRELAND
Legal Advisor
-
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