lincolnshire agricultural society
lincolnshire agricultural society Company Information
Company Number
01845726
Registered Address
lincolnshire showground, grange-de-lings, lincoln, LN2 2NA
Industry
Activities of other membership organisations n.e.c.
Telephone
01673838272
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
-0%
lincolnshire agricultural society Estimated Valuation
Pomanda estimates the enterprise value of LINCOLNSHIRE AGRICULTURAL SOCIETY at £2.6m based on a Turnover of £3.8m and 0.67x industry multiple (adjusted for size and gross margin).
lincolnshire agricultural society Estimated Valuation
Pomanda estimates the enterprise value of LINCOLNSHIRE AGRICULTURAL SOCIETY at £6.6m based on an EBITDA of £1.3m and a 5.18x industry multiple (adjusted for size and gross margin).
lincolnshire agricultural society Estimated Valuation
Pomanda estimates the enterprise value of LINCOLNSHIRE AGRICULTURAL SOCIETY at £44.7m based on Net Assets of £15.5m and 2.89x industry multiple (adjusted for liquidity).
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Lincolnshire Agricultural Society Overview
Lincolnshire Agricultural Society is a live company located in lincoln, LN2 2NA with a Companies House number of 01845726. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in September 1984, it's largest shareholder is unknown. Lincolnshire Agricultural Society is a mature, small sized company, Pomanda has estimated its turnover at £3.8m with rapid growth in recent years.
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Lincolnshire Agricultural Society Health Check
Pomanda's financial health check has awarded Lincolnshire Agricultural Society a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £3.8m, make it larger than the average company (£386.8k)
£3.8m - Lincolnshire Agricultural Society
£386.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.4%)
31% - Lincolnshire Agricultural Society
5.4% - Industry AVG
Production
with a gross margin of 50.9%, this company has a comparable cost of product (50.9%)
50.9% - Lincolnshire Agricultural Society
50.9% - Industry AVG
Profitability
an operating margin of 30.7% make it more profitable than the average company (1.5%)
30.7% - Lincolnshire Agricultural Society
1.5% - Industry AVG
Employees
with 18 employees, this is above the industry average (9)
18 - Lincolnshire Agricultural Society
9 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has a higher pay structure (£26.4k)
£38.5k - Lincolnshire Agricultural Society
£26.4k - Industry AVG
Efficiency
resulting in sales per employee of £213k, this is more efficient (£59k)
£213k - Lincolnshire Agricultural Society
£59k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is later than average (13 days)
23 days - Lincolnshire Agricultural Society
13 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (29 days)
75 days - Lincolnshire Agricultural Society
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lincolnshire Agricultural Society
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 92 weeks, this is less cash available to meet short term requirements (230 weeks)
92 weeks - Lincolnshire Agricultural Society
230 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.8%, this is a lower level of debt than the average (12.3%)
5.8% - Lincolnshire Agricultural Society
12.3% - Industry AVG
LINCOLNSHIRE AGRICULTURAL SOCIETY financials
Lincolnshire Agricultural Society's latest turnover from September 2023 is £3.8 million and the company has net assets of £15.5 million. According to their latest financial statements, Lincolnshire Agricultural Society has 18 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,833,155 | 2,613,462 | 1,812,335 | 1,697,570 | 2,481,716 | 3,016,165 | 4,470,171 | 5,252,331 | 3,140,759 | 3,843,758 | 1,963,439 | 1,930,933 | 2,529,385 | 2,322,726 | 1,942,840 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,194 | 0 | 0 | 0 | 0 | 0 | 122,098 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 924,978 | 253,459 | 689,131 | 115,851 | -379,316 | 314,167 | 2,109,564 | 2,562,710 | 711,526 | -1,324,592 | 7,418 | -205,313 | 290,072 | -303,551 | -373,579 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 924,978 | 253,459 | 689,131 | 115,851 | -379,316 | 314,167 | 2,109,564 | 2,562,710 | 711,526 | -1,324,592 | 7,418 | -205,313 | 290,072 | -303,551 | -373,579 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 924,978 | 253,459 | 689,131 | 115,851 | -379,316 | 314,167 | 2,109,564 | 2,562,710 | 711,526 | -1,324,592 | 7,418 | -205,313 | 290,072 | -303,551 | -373,579 |
| Employee Costs | 692,914 | 574,407 | 437,028 | 660,853 | 609,537 | 596,868 | 560,893 | 583,465 | 555,911 | 469,453 | 425,847 | 452,492 | 526,004 | 594,546 | 498,686 |
| Number Of Employees | 18 | 17 | 17 | 23 | 21 | 21 | 22 | 23 | 23 | 19 | 19 | 19 | 25 | 22 | 19 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,525,515 | 9,430,016 | 9,512,795 | 9,593,843 | 8,563,985 | 8,663,257 | 8,728,495 | 8,702,336 | 7,910,021 | 7,943,940 | 11,234,164 | 7,193,596 | 7,291,832 | 7,392,624 | 7,438,933 |
| Intangible Assets | 21,359 | 33,563 | 45,767 | 57,971 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,291,543 | 4,247,854 | 4,072,000 | 4,096,000 | 4,096,000 | 4,096,000 | 3,946,000 | 2,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 229,000 | 245,000 | 245,000 | 125,000 | 340,000 | 408,000 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,838,417 | 13,711,433 | 13,630,562 | 13,747,814 | 12,888,985 | 13,004,257 | 12,919,495 | 11,327,336 | 8,250,021 | 8,351,940 | 11,234,164 | 7,193,596 | 7,291,832 | 7,392,624 | 7,438,933 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 245,665 | 275,247 | 239,513 | 88,263 | 192,197 | 218,952 | 162,167 | 159,328 | 123,112 | 135,340 | 151,719 | 80,796 | 46,156 | 38,275 | 77,823 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 70,239 | 103,994 | 126,729 | 399,991 | 69,144 | 121,125 | 87,108 | 6,818 | 20,522 | 27,774 | 20,402 | 29,329 | 52,212 | 39,835 | 15,658 |
| Cash | 1,700,386 | 526,350 | 340,958 | 50,915 | 992,028 | 940,702 | 796,865 | 354,665 | 827,428 | 258,644 | 165,305 | 226,333 | 428,334 | 260,750 | 329,390 |
| misc current assets | 568,461 | 558,570 | 446,410 | 46,410 | 0 | 31,047 | 31,162 | 22,026 | 21,913 | 1,156,358 | 336,864 | 330,220 | 333,240 | 335,254 | 1,673,751 |
| total current assets | 2,584,751 | 1,464,161 | 1,153,610 | 585,579 | 1,283,179 | 1,311,826 | 1,077,302 | 542,837 | 992,975 | 1,578,116 | 674,290 | 666,678 | 859,942 | 674,114 | 2,096,622 |
| total assets | 16,423,168 | 15,175,594 | 14,784,172 | 14,333,393 | 14,172,164 | 14,316,083 | 13,996,797 | 11,870,173 | 9,242,996 | 9,930,056 | 11,908,454 | 7,860,274 | 8,151,774 | 8,066,738 | 9,535,555 |
| Bank overdraft | 0 | 0 | 0 | 97,235 | 0 | 0 | 0 | 0 | 0 | 29,248 | 0 | 62,832 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57,863 | 50,611 | 0 |
| Trade Creditors | 388,533 | 323,013 | 90,146 | 127,460 | 112,608 | 69,751 | 166,611 | 78,646 | 97,458 | 84,095 | 64,264 | 78,057 | 164,121 | 65,341 | 148,352 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 3,919 | 3,614 | 2,955 | 3,363 | 3,502 | 0 | 10,000 | 10,000 | 10,000 | 10,000 | 2,500 | 0 | 0 | 0 | 1,000,000 |
| hp & lease commitments | 5,335 | 5,335 | 5,335 | 5,335 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 554,113 | 292,007 | 382,235 | 480,295 | 417,404 | 388,161 | 302,336 | 362,248 | 267,992 | 237,421 | 165,043 | 165,917 | 228,871 | 150,997 | 233,252 |
| total current liabilities | 951,900 | 623,969 | 480,671 | 713,688 | 533,514 | 457,912 | 478,947 | 450,894 | 375,450 | 360,764 | 231,807 | 306,806 | 450,855 | 266,949 | 1,381,604 |
| loans | 0 | 0 | 0 | 0 | 0 | 6,205 | 16,205 | 27,200 | 38,175 | 1,451,446 | 2,231,809 | 2,234,309 | 2,176,447 | 2,565,389 | 2,616,000 |
| hp & lease commitments | 889 | 6,224 | 11,559 | 16,894 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 166,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 889 | 6,224 | 11,559 | 16,894 | 166,000 | 6,205 | 16,205 | 27,200 | 38,175 | 1,451,446 | 2,231,809 | 2,234,309 | 2,176,447 | 2,565,389 | 2,616,000 |
| total liabilities | 952,789 | 630,193 | 492,230 | 730,582 | 699,514 | 464,117 | 495,152 | 478,094 | 413,625 | 1,812,210 | 2,463,616 | 2,541,115 | 2,627,302 | 2,832,338 | 3,997,604 |
| net assets | 15,470,379 | 14,545,401 | 14,291,942 | 13,602,811 | 13,472,650 | 13,851,966 | 13,501,645 | 11,392,079 | 8,829,371 | 8,117,846 | 9,444,838 | 5,319,159 | 5,524,472 | 5,234,400 | 5,537,951 |
| total shareholders funds | 15,470,379 | 14,545,401 | 14,291,942 | 13,602,811 | 13,472,650 | 13,851,966 | 13,501,645 | 11,392,079 | 8,829,371 | 8,117,846 | 9,444,838 | 5,319,159 | 5,524,472 | 5,234,400 | 5,537,951 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 83,680 | 107,648 | 122,480 | 141,002 | 154,696 | 168,640 | 134,241 | 107,346 | 80,980 | 81,795 | 113,616 | 134,037 | 141,953 | 138,459 | 135,499 |
| Amortisation | 12,204 | 12,204 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -63,337 | 12,999 | -122,012 | -2,087 | -94,736 | 90,802 | 203,129 | -192,488 | -87,480 | 398,993 | 61,996 | 11,757 | 20,258 | -15,371 | 93,481 |
| Creditors | 65,520 | 232,867 | -37,314 | 14,852 | 42,857 | -96,860 | 87,965 | -18,812 | 13,363 | 19,831 | -13,793 | -86,064 | 98,780 | -83,011 | 148,352 |
| Accruals and Deferred Income | 262,106 | -90,228 | -98,060 | 62,891 | 29,243 | 85,825 | -59,912 | 94,256 | 30,571 | 72,378 | -874 | -62,954 | 77,874 | -82,255 | 233,252 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -166,000 | 166,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -180,690 | 243,634 | -580,294 | 1,892,288 | ||||||
| Change in Investments | 43,689 | 175,854 | -24,000 | 0 | 0 | 150,000 | 1,446,000 | 2,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -43,689 | -175,854 | 24,000 | 0 | 0 | -330,690 | -1,202,366 | -3,080,294 | 1,892,288 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -57,863 | 7,252 | 50,611 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 305 | 659 | -408 | -139 | 3,502 | -10,000 | 0 | 0 | 0 | 7,500 | 2,500 | 0 | 0 | -1,000,000 | 1,000,000 |
| Long term loans | 0 | 0 | 0 | 0 | -6,205 | -10,000 | -10,995 | -10,975 | -1,413,271 | -780,363 | -2,500 | 57,862 | -388,942 | -50,611 | 2,616,000 |
| Hire Purchase and Lease Commitments | -5,335 | -5,335 | -5,335 | 22,229 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,194 | 0 | 0 | 0 | 0 | 0 | -122,098 |
| cash flow from financing | -5,030 | -4,676 | -5,743 | 36,400 | -2,703 | 16,154 | -10,993 | -10,977 | -1,426,466 | -775,263 | 4,118,261 | -1 | -381,690 | -1,000,000 | 9,405,432 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,174,036 | 185,392 | 290,043 | -941,113 | 51,326 | 143,837 | 442,200 | -472,763 | 568,784 | 93,339 | -61,028 | -202,001 | 167,584 | -68,640 | 329,390 |
| overdraft | 0 | 0 | -97,235 | 97,235 | 0 | 0 | 0 | 0 | -29,248 | 29,248 | -62,832 | 62,832 | 0 | 0 | 0 |
| change in cash | 1,174,036 | 185,392 | 387,278 | -1,038,348 | 51,326 | 143,837 | 442,200 | -472,763 | 598,032 | 64,091 | 1,804 | -264,833 | 167,584 | -68,640 | 329,390 |
lincolnshire agricultural society Credit Report and Business Information
Lincolnshire Agricultural Society Competitor Analysis
Perform a competitor analysis for lincolnshire agricultural society by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in LN2 area or any other competitors across 12 key performance metrics.
lincolnshire agricultural society Ownership
LINCOLNSHIRE AGRICULTURAL SOCIETY group structure
Lincolnshire Agricultural Society has 2 subsidiary companies.
Ultimate parent company
LINCOLNSHIRE AGRICULTURAL SOCIETY
01845726
2 subsidiaries
lincolnshire agricultural society directors
Lincolnshire Agricultural Society currently has 11 directors. The longest serving directors include Mr Andrew Read (Jan 2015) and Mr Andrew Buckley (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Read | 62 years | Jan 2015 | - | Director | |
| Mr Andrew Buckley | 59 years | Jan 2016 | - | Director | |
| Mr David Wallis | 62 years | Jan 2018 | - | Director | |
| Mr Graeme Beattie | 69 years | Jan 2018 | - | Director | |
| Mr Andrew Price | England | 63 years | Jan 2018 | - | Director |
| Mr Stuart McKenzie | 64 years | Feb 2023 | - | Director | |
| Mr Robert Nelstrop | United Kingdom | 56 years | Feb 2023 | - | Director |
| Mr James Matthews | 59 years | Feb 2023 | - | Director | |
| Mrs Katherine Phillips | England | 52 years | Feb 2023 | - | Director |
| Mr Benjamin Atkinson | England | 53 years | Feb 2024 | - | Director |
P&L
September 2023turnover
3.8m
+47%
operating profit
1.2m
0%
gross margin
51%
-6.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
15.5m
+0.06%
total assets
16.4m
+0.08%
cash
1.7m
+2.23%
net assets
Total assets minus all liabilities
lincolnshire agricultural society company details
company number
01845726
Type
Private Ltd By Guarantee w/o Share Cap
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
September 1984
age
40
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
STREETS AUDIT LLP
address
lincolnshire showground, grange-de-lings, lincoln, LN2 2NA
Bank
CLYDESDALE BANK
Legal Advisor
WILKIN CHAPMAN
lincolnshire agricultural society 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 lincolnshire agricultural society. Currently there are 1 open charges and 2 have been satisfied in the past.
lincolnshire agricultural society Companies House Filings - See Documents
| date | description | view/download |
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