acorn farms limited

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acorn farms limited Company Information

Share ACORN FARMS LIMITED

Company Number

01899197

Shareholders

s w cobbalds 1999 discretionary settlement

stephen william cobbald

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Group Structure

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Industry

Raising of sheep and goats

 +1

Registered Address

acton hall, acton,sudbury, suffolk, CO10 0BA

acorn farms limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of ACORN FARMS LIMITED at £1.3m based on a Turnover of £3.6m and 0.37x industry multiple (adjusted for size and gross margin).

acorn farms limited Estimated Valuation

£89k

Pomanda estimates the enterprise value of ACORN FARMS LIMITED at £89k based on an EBITDA of £35.8k and a 2.49x industry multiple (adjusted for size and gross margin).

acorn farms limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of ACORN FARMS LIMITED at £4.1m based on Net Assets of £2.8m and 1.49x industry multiple (adjusted for liquidity).

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Acorn Farms Limited Overview

Acorn Farms Limited is a live company located in suffolk, CO10 0BA with a Companies House number of 01899197. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in March 1985, it's largest shareholder is s w cobbalds 1999 discretionary settlement with a 30% stake. Acorn Farms Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.6m with healthy growth in recent years.

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Acorn Farms Limited Health Check

Pomanda's financial health check has awarded Acorn Farms Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £3.6m, make it larger than the average company (£2.7m)

£3.6m - Acorn Farms Limited

£2.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7%)

13% - Acorn Farms Limited

7% - Industry AVG

production

Production

with a gross margin of 11.1%, this company has a higher cost of product (35.6%)

11.1% - Acorn Farms Limited

35.6% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (7.3%)

1% - Acorn Farms Limited

7.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Acorn Farms Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)

£35.3k - Acorn Farms Limited

£35.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.8m, this is more efficient (£148.8k)

£1.8m - Acorn Farms Limited

£148.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 202 days, this is later than average (33 days)

202 days - Acorn Farms Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 63 days, this is slower than average (34 days)

63 days - Acorn Farms Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Acorn Farms Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Acorn Farms Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.9%, this is a lower level of debt than the average (47.5%)

22.9% - Acorn Farms Limited

47.5% - Industry AVG

ACORN FARMS LIMITED financials

EXPORTms excel logo

Acorn Farms Limited's latest turnover from December 2023 is estimated at £3.6 million and the company has net assets of £2.8 million. According to their latest financial statements, Acorn Farms Limited has 2 employees and maintains cash reserves of 0 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
Turnover3,608,6924,144,7513,133,8152,495,7372,418,9342,082,0862,674,3801,940,7241,221,2451,631,264906,4751,231,903934,462745,024
Other Income Or Grants
Cost Of Sales3,208,6243,720,6702,676,5092,177,5822,179,2691,901,8102,303,5241,680,4251,158,0261,686,4861,012,7841,085,566822,087590,263
Gross Profit400,068424,081457,305318,155239,665180,276370,857260,29963,220-55,222-106,309146,336112,376154,761
Admin Expenses364,315-245,612421,847333,130383,561242,202-157,458-1,010,250112,694-168,576-83,124-15,370-9,987157,340-1,026,355
Operating Profit35,753669,69335,458-14,975-143,896-61,926528,3151,270,549-49,474113,354-23,185161,706122,363-2,5791,026,355
Interest Payable
Interest Receivable112604965939456408686380
Pre-Tax Profit35,753669,69335,458-14,975-143,896-61,926528,3151,270,661-48,870114,319-22,246162,162122,772-1,8931,026,735
Tax-8,938-127,242-6,737-100,380-254,132-24,007-38,919-31,921-287,486
Profit After Tax26,815542,45128,721-14,975-143,896-61,926427,9351,016,529-48,87090,312-22,246123,24390,851-1,893739,249
Dividends Paid
Retained Profit26,815542,45128,721-14,975-143,896-61,926427,9351,016,529-48,87090,312-22,246123,24390,851-1,893739,249
Employee Costs70,52164,46864,47563,64290,06783,31283,47073,991146,973167,63092,782159,833139,12690,417
Number Of Employees22223333674764
EBITDA*35,753669,69335,458-14,975-143,896-61,926528,3151,270,54925,956213,78091,405218,345238,49989,5521,122,074

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,557,3691,555,9521,482,8061,491,2021,337,8161,328,9521,178,0131,296,8171,300,1201,369,0601,360,9721,347,0711,350,0521,247,0241,257,603
Intangible Assets29,50029,500
Investments & Other72,76169,90167,04064,19961,318
Debtors (Due After 1 year)
Total Fixed Assets1,557,3691,555,9521,482,8061,491,2021,337,8161,328,9521,178,0131,296,8171,329,6201,398,5601,433,7331,416,9721,417,0921,311,2231,318,921
Stock & work in progress302,677332,066392,662497,204345,769351,265306,118
Trade Debtors1,997,2412,047,1291,895,3501,747,3721,846,9481,243,0661,470,456881,872502,739512,113250,081402,071357,928255,378235,775
Group Debtors
Misc Debtors67,74468,51675,32632,84123,924
Cash89,662151,858234,292141,28840,983122,304152,085
misc current assets13,4562,73210,743
total current assets2,064,9852,115,6451,970,6761,780,2131,870,8721,256,5221,473,188892,615895,078996,037877,0351,040,563744,680728,947693,978
total assets3,622,3543,671,5973,453,4823,271,4153,208,6882,585,4742,651,2012,189,4322,224,6982,394,5972,310,7682,457,5352,161,7722,040,1702,012,899
Bank overdraft
Bank loan
Trade Creditors 558,269629,107446,852285,602257,900217,178216,609193,246197,585289,098274,667310,439123,061138,167120,782
Group/Directors Accounts13,6971,912
other short term finances
hp & lease commitments
other current liabilities
total current liabilities558,269629,107446,852285,602257,900217,178216,609193,246197,585289,098274,667310,439123,061151,864122,694
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities271,785277,005783,596791,500741,50015,11219,4829,01115,85629,15056,491151,699161,859122,000127,225
provisions39,10755,32948,90242,44347,14127,44622,227
total long term liabilities271,785277,005783,596791,500741,50015,11219,4829,01154,96384,479105,393194,142209,000149,446149,452
total liabilities830,054906,1121,230,4481,077,102999,400232,290236,091202,257252,548373,577380,060504,581332,061301,310272,146
net assets2,792,3002,765,4852,223,0342,194,3132,209,2882,353,1842,415,1101,987,1751,972,1502,021,0201,930,7081,952,9541,829,7111,738,8601,740,753
total shareholders funds2,792,3002,765,4852,223,0342,194,3132,209,2882,353,1842,415,1101,987,1751,972,1502,021,0201,930,7081,952,9541,829,7111,738,8601,740,753
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit35,753669,69335,458-14,975-143,896-61,926528,3151,270,549-49,474113,354-23,185161,706122,363-2,5791,026,355
Depreciation75,430100,426114,59056,639116,13692,13195,719
Amortisation
Tax-8,938-127,242-6,737-100,380-254,132-24,007-38,919-31,921-287,486
Stock-302,677-29,389-60,596-104,542151,435-5,49645,147306,118
Debtors-50,660144,969190,463-90,659627,806-227,390588,584379,133-9,374262,032-151,99044,143102,55019,603235,775
Creditors-70,838182,255161,25027,70240,72256923,363-4,339-91,51314,431-35,772187,378-15,10617,385120,782
Accruals and Deferred Income
Deferred Taxes & Provisions-39,107-16,2226,4276,459-4,69819,6955,21922,227
Cash flow from operations6,637579,737-492103,386-730,980166,033-137,286896,515-43,0169,195318,624166,528114,11347,406435,704
Investing Activities
capital expenditure-1,417-73,1468,396-153,386-8,864-150,939118,80432,803-6,490-138,014-128,491-53,658-219,164-81,552-1,353,322
Change in Investments-72,7612,8602,8612,8412,88161,318
cash flow from investments-1,417-73,1468,396-153,386-8,864-150,939118,80432,803-6,490-65,253-131,351-56,519-222,005-84,433-1,414,640
Financing Activities
Bank loans
Group/Directors Accounts-13,69711,7851,912
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-5,220-506,591-7,90450,000726,388-4,37010,471-6,845-13,294-27,341-95,208-10,16039,859-5,225127,225
share issue-1,001,5041,001,504
interest112604965939456408686380
cash flow from financing-5,220-506,591-7,90450,000726,388-4,37010,471-1,008,237-12,690-26,376-94,269-9,70426,5707,2461,131,021
cash and cash equivalents
cash-89,662-62,196-82,43493,004100,305-81,321-29,781152,085
overdraft
change in cash-89,662-62,196-82,43493,004100,305-81,321-29,781152,085

acorn farms 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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Acorn Farms Limited Competitor Analysis

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Perform a competitor analysis for acorn farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in CO10 area or any other competitors across 12 key performance metrics.

acorn farms limited Ownership

ACORN FARMS LIMITED group structure

Acorn Farms Limited has no subsidiary companies.

Ultimate parent company

ACORN FARMS LIMITED

01899197

ACORN FARMS LIMITED Shareholders

s w cobbalds 1999 discretionary settlement 30%
stephen william cobbald 30%
richard nicholas cobbald 20%
jonathan william cobbald 20%

acorn farms limited directors

Acorn Farms Limited currently has 3 directors. The longest serving directors include Mr Stephen Cobbald (Oct 1991) and Jonathan Cobbald (Mar 1999).

officercountryagestartendrole
Mr Stephen Cobbald80 years Oct 1991- Director
Jonathan CobbaldNew Zealand56 years Mar 1999- Director
Mr Richard Cobbald57 years Jun 2002- Director

P&L

December 2023

turnover

3.6m

-13%

operating profit

35.8k

0%

gross margin

11.1%

+8.35%

turnover

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

Balance Sheet

December 2023

net assets

2.8m

+0.01%

total assets

3.6m

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

acorn farms limited company details

company number

01899197

Type

Private limited with Share Capital

industry

01450 - Raising of sheep and goats

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

incorporation date

March 1985

age

40

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

acton hall, acton,sudbury, suffolk, CO10 0BA

Bank

-

Legal Advisor

-

acorn 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 found 5 charges/mortgages relating to acorn farms limited. Currently there are 4 open charges and 1 have been satisfied in the past.

acorn farms 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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acorn farms limited Companies House Filings - See Documents

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