merston farm limited

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merston farm limited Company Information

Share MERSTON FARM LIMITED

Company Number

01851079

Shareholders

aad tukker

Group Structure

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Industry

Growing of cereals (except rice), leguminous crops and oil seeds

 

Registered Address

tinwood house, tinwood lane, halnaker,chichester, sussex, PO18 0NE

merston farm limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MERSTON FARM LIMITED at £0 based on a Turnover of £0 and 0.52x industry multiple (adjusted for size and gross margin).

merston farm limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MERSTON FARM LIMITED at £0 based on an EBITDA of £-67 and a 3.46x industry multiple (adjusted for size and gross margin).

merston farm limited Estimated Valuation

£218.5k

Pomanda estimates the enterprise value of MERSTON FARM LIMITED at £218.5k based on Net Assets of £142.8k and 1.53x industry multiple (adjusted for liquidity).

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Merston Farm Limited Overview

Merston Farm Limited is a live company located in halnaker,chichester, PO18 0NE with a Companies House number of 01851079. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in September 1984, it's largest shareholder is aad tukker with a 100% stake. Merston Farm Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Merston Farm Limited Health Check

Pomanda's financial health check has awarded Merston Farm Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 0 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

0 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

There is insufficient data available for this Key Performance Indicator!

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paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (13 weeks)

- - Merston Farm Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.2%, this is a lower level of debt than the average (43.6%)

- - Merston Farm Limited

- - Industry AVG

MERSTON FARM LIMITED financials

EXPORTms excel logo

Merston Farm Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £142.8 thousand. According to their latest financial statements, we estimate that Merston Farm Limited has no employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover0000155,45074,716135,926145,294193,731659,638761,5251,045,499565,088834,1250
Other Income Or Grants000000000000000
Cost Of Sales0000133,41862,371113,578123,695161,520535,668610,307814,396443,470669,6360
Gross Profit000022,03212,34522,34921,59832,211123,970151,217231,103121,618164,4890
Admin Expenses67453110,42419,79462,88783,551171,021112,157112,859202,13934,972128,340-97,916
Operating Profit-67-45-3-111,608-7,449-40,538-61,953-138,81011,81338,35828,96486,64636,14997,916
Interest Payable000004873,6728,7985,948000000
Interest Receivable674531502264763555967336356757822511
Pre-Tax Profit000011,658-7,711-43,734-70,396-144,16212,54638,99429,63987,42836,40097,917
Tax0000-2,2150000-2,635-8,969-7,113-22,731-10,192-27,417
Profit After Tax00009,443-7,711-43,734-70,396-144,1629,91130,02522,52664,69726,20870,500
Dividends Paid000000000000000
Retained Profit00009,443-7,711-43,734-70,396-144,1629,91130,02522,52664,69726,20870,500
Employee Costs000061,20858,24954,68554,31828,97183,45384,620112,51985,503136,0440
Number Of Employees000022221334350
EBITDA*-67-45-3-111,608-7,449-35,587-51,480-125,17963,49995,12288,201142,21895,970187,083

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets00000014,85831,41940,892399,553451,239471,655488,852544,424663,759
Intangible Assets000000000000000
Investments & Other00000000100100100100000
Debtors (Due After 1 year)0000000050,622103,267153,351200,997000
Total Fixed Assets00000014,85831,41991,614502,920604,690672,752488,852544,424663,759
Stock & work in progress0000001,0501,0501,0503,6292,1784,1275,1153,8220
Trade Debtors00000057,58870,70589,392182,278176,030282,124110,060255,187510,892
Group Debtors000000000000000
Misc Debtors143,275143,275143,275143,275143,275123,09441,08456,753166,485000000
Cash1,2821,2821,2821,2821,28212,02548,209142,236141,89296,343196,82757,208212,90099,979286
misc current assets000000000000000
total current assets144,557144,557144,557144,557144,557135,119147,931270,744398,819282,250375,035343,459328,075358,988511,178
total assets144,557144,557144,557144,557144,557135,119162,789302,163490,433785,170979,7251,016,211816,927903,4121,174,937
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 0000051,2903,6343,502201,123318,553445,450407,297364,787476,435
Group/Directors Accounts000000000000000
other short term finances00000014,44484,08784,482000000
hp & lease commitments0000001,5506,2007,867000000
other current liabilities1,7501,7501,7501,7501,7501,7504,4307,43924,918000000
total current liabilities1,7501,7501,7501,7501,7501,75521,714101,360120,769201,123318,553445,450407,297364,787476,435
loans000000014,44498,531000000
hp & lease commitments00000001,5507,750000000
Accruals and Deferred Income000000000000000
other liabilities000000000184,680271,716211,33072,725266,417452,502
provisions000000008,178000000
total long term liabilities000000015,994114,459184,680271,716211,33072,725266,417452,502
total liabilities1,7501,7501,7501,7501,7501,75521,714117,354235,228385,803590,269656,780480,022631,204928,937
net assets142,807142,807142,807142,807142,807133,364141,075184,809255,205399,367389,456359,431336,905272,208246,000
total shareholders funds142,807142,807142,807142,807142,807133,364141,075184,809255,205399,367389,456359,431336,905272,208246,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-67-45-3-111,608-7,449-40,538-61,953-138,81011,81338,35828,96486,64636,14997,916
Depreciation0000004,95110,47313,63151,68656,76459,23755,57259,82189,167
Amortisation000000000000000
Tax0000-2,2150000-2,635-8,969-7,113-22,731-10,192-27,417
Stock00000-1,05000-2,5791,451-1,949-9881,2933,8220
Debtors000020,18124,422-28,786-179,04120,954-43,836-153,740373,061-145,127-255,705510,892
Creditors0000-5-1,285-2,344132-197,621-117,430-126,89738,15342,510-111,648476,435
Accruals and Deferred Income00000-2,680-3,009-17,47924,918000000
Deferred Taxes & Provisions0000000-8,1788,178000000
Cash flow from operations-67-45-3-1-10,793-34,786-12,154102,036-308,079-14,181114,945-252,832305,831226,013125,209
Investing Activities
capital expenditure0000014,85811,610-1,000345,0300-36,348-42,040059,514-752,926
Change in Investments0000000-100000100000
cash flow from investments0000014,85811,610-900345,0300-36,348-42,140059,514-752,926
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 00000-14,444-69,643-39584,482000000
Long term loans000000-14,444-84,08798,531000000
Hire Purchase and Lease Commitments00000-1,550-6,200-7,86715,617000000
other long term liabilities00000000-184,680-87,03660,386138,605-193,692-186,085452,502
share issue00000000000000175,500
interest67453150-261-3,196-8,443-5,3527336356757822511
cash flow from financing67453150-16,255-93,483-100,7928,598-86,30361,021139,280-192,910-185,834628,003
cash and cash equivalents
cash0000-10,743-36,184-94,02734445,549-100,484139,619-155,692112,92199,693286
overdraft000000000000000
change in cash0000-10,743-36,184-94,02734445,549-100,484139,619-155,692112,92199,693286

merston farm limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Merston Farm Limited Competitor Analysis

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Perform a competitor analysis for merston farm limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mature companies, companies in PO18 area or any other competitors across 12 key performance metrics.

merston farm limited Ownership

MERSTON FARM LIMITED group structure

Merston Farm Limited has no subsidiary companies.

Ultimate parent company

MERSTON FARM LIMITED

01851079

MERSTON FARM LIMITED Shareholders

aad tukker 100%

merston farm limited directors

Merston Farm Limited currently has 2 directors. The longest serving directors include Mr Arie Tukker (Aug 1991) and Mrs Marjolein Tukker (Apr 1993).

officercountryagestartendrole
Mr Arie Tukker74 years Aug 1991- Director
Mrs Marjolein Tukker75 years Apr 1993- Director

P&L

December 2023

turnover

0

0%

operating profit

-67.3

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

142.8k

0%

total assets

144.6k

0%

cash

1.3k

0%

net assets

Total assets minus all liabilities

merston farm limited company details

company number

01851079

Type

Private limited with Share Capital

industry

01110 - Growing of cereals (except rice), leguminous crops and oil seeds

incorporation date

September 1984

age

41

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

December 2023

previous names

paxtown limited (February 1985)

accountant

SHEEN STICKLAND

auditor

-

address

tinwood house, tinwood lane, halnaker,chichester, sussex, PO18 0NE

Bank

HSBC BANK PLC

Legal Advisor

-

merston farm 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 7 charges/mortgages relating to merston farm limited. Currently there are 2 open charges and 5 have been satisfied in the past.

merston farm 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.

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merston farm limited Companies House Filings - See Documents

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