acorn arable limited

acorn arable limited Company Information

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Company Number

02890785

Industry

Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

 

Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

 

Shareholders

samantha rose meredith

bromley kim wells

Group Structure

View All

Contact

Registered Address

the courtyard 19 high street, pershore, worcestershire, WR10 1AA

acorn arable limited Estimated Valuation

£3.9m

Pomanda estimates the enterprise value of ACORN ARABLE LIMITED at £3.9m based on a Turnover of £12.7m and 0.31x industry multiple (adjusted for size and gross margin).

acorn arable limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ACORN ARABLE LIMITED at £0 based on an EBITDA of £-38.4k and a 4.45x industry multiple (adjusted for size and gross margin).

acorn arable limited Estimated Valuation

£31k

Pomanda estimates the enterprise value of ACORN ARABLE LIMITED at £31k based on Net Assets of £12.9k and 2.4x industry multiple (adjusted for liquidity).

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Acorn Arable Limited Overview

Acorn Arable Limited is a live company located in worcestershire, WR10 1AA with a Companies House number of 02890785. It operates in the agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods sector, SIC Code 46110. Founded in January 1994, it's largest shareholder is samantha rose meredith with a 50% stake. Acorn Arable Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.7m with healthy growth in recent years.

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Acorn Arable Limited Health Check

Pomanda's financial health check has awarded Acorn Arable Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £12.7m, make it smaller than the average company (£27.9m)

£12.7m - Acorn Arable Limited

£27.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (12.2%)

9% - Acorn Arable Limited

12.2% - Industry AVG

production

Production

with a gross margin of 10.2%, this company has a comparable cost of product (10.2%)

10.2% - Acorn Arable Limited

10.2% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (2.5%)

-0.5% - Acorn Arable Limited

2.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (25)

2 - Acorn Arable Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)

£48.8k - Acorn Arable Limited

£48.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £6.3m, this is more efficient (£1.5m)

£6.3m - Acorn Arable Limited

£1.5m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 41 days, this is near the average (35 days)

41 days - Acorn Arable Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is slower than average (31 days)

43 days - Acorn Arable Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Acorn Arable Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (11 weeks)

2 weeks - Acorn Arable Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (57.3%)

99.2% - Acorn Arable Limited

57.3% - Industry AVG

ACORN ARABLE LIMITED financials

EXPORTms excel logo

Acorn Arable Limited's latest turnover from January 2024 is estimated at £12.7 million and the company has net assets of £12.9 thousand. According to their latest financial statements, Acorn Arable Limited has 2 employees and maintains cash reserves of £61 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover12,698,90519,877,78915,594,8289,856,5717,716,1869,054,1118,301,2927,651,9408,679,0727,900,21610,669,0737,827,6059,321,66514,996,77911,248,336
Other Income Or Grants000000000000000
Cost Of Sales11,405,44117,855,72913,992,4518,792,2136,902,5278,092,9707,346,3206,866,7368,402,3557,625,6739,852,0857,312,5488,591,97413,493,07310,286,118
Gross Profit1,293,4642,022,0601,602,3771,064,358813,658961,140954,973785,204276,717274,543816,987515,057729,6911,503,706962,218
Admin Expenses1,352,5592,028,5101,582,7391,010,746824,523955,4771,007,052820,557122,241126,075813,648512,172726,3091,500,581856,682
Operating Profit-59,095-6,45019,63853,612-10,8655,663-52,079-35,353154,476148,4683,3392,8853,3823,125105,536
Interest Payable000000063052063300000
Interest Receivable4,8808,581641162953889399251,0901,0028871,1481,4641,278496
Pre-Tax Profit-54,2152,13120,27953,774-9,9126,552-51,680-35,958155,046148,8374,2264,0334,8464,403106,032
Tax0-405-3,853-10,2170-1,24500-31,134-29,887-972-968-1,260-1,233-29,689
Profit After Tax-54,2151,72616,42643,557-9,9125,307-51,680-35,958123,912118,9503,2543,0653,5863,17076,343
Dividends Paid000000000000000
Retained Profit-54,2151,72616,42643,557-9,9125,307-51,680-35,958123,912118,9503,2543,0653,5863,17076,343
Employee Costs97,63190,67387,93581,33087,84583,635160,882117,849114,005256,444316,376186,821206,839489,950393,449
Number Of Employees2222224337956148
EBITDA*-38,4438,98928,58463,9132,87015,947-38,368-23,364158,286158,56710,23012,2939,9388,992110,073

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets61,95246,32426,83430,90441,20530,85241,13636,01125,29530,29920,66327,55416,46923,02513,892
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets61,95246,32426,83430,90441,20530,85241,13636,01125,29530,29920,66327,55416,46923,02513,892
Stock & work in progress000000000000000
Trade Debtors1,436,7532,483,2931,874,1711,079,990809,4511,165,127949,928890,8651,010,839889,318941,975651,482829,4311,374,668822,121
Group Debtors000000000000000
Misc Debtors41,80747,60537,48420,36915,0930022,45344,65225,478002,599016,889
Cash61,037124,861365,502146,941176,52677,587159,508019,917157,705168,526186,169272,845312,917198,316
misc current assets000000000000000
total current assets1,539,5972,655,7592,277,1571,247,3001,001,0701,242,7141,109,436913,3181,075,4081,072,5011,110,501837,6511,104,8751,687,5851,037,326
total assets1,601,5492,702,0832,303,9911,278,2041,042,2751,273,5661,150,572949,3291,100,7031,102,8001,131,164865,2051,121,3441,710,6101,051,218
Bank overdraft0000000020,14665,26200000
Bank loan000000000000000
Trade Creditors 1,366,0842,458,9312,067,8801,141,763940,0751,239,8371,111,602864,968934,925881,0831,032,822764,9381,020,4651,603,916962,458
Group/Directors Accounts00000000000015,49424,3889,470
other short term finances000000000000000
hp & lease commitments14,27911,9004,9027,9107,9100005,0009,09500000
other current liabilities159,780133,762147,02055,86657,27300036,51740,68200000
total current liabilities1,540,1432,604,5932,219,8021,205,5391,005,2581,239,8371,111,602864,968996,588996,1221,032,822764,9381,035,9591,628,304971,928
loans000000000000000
hp & lease commitments48,48930,35818,78323,68531,5940005,83310,83300000
Accruals and Deferred Income000000000000000
other liabilities00000028,04522,653004,0958,190000
provisions00000089706161,1912,7933,877250757911
total long term liabilities48,48930,35818,78323,68531,59418,39428,94222,6536,44912,0246,88812,067250757911
total liabilities1,588,6322,634,9512,238,5851,229,2241,036,8521,258,2311,140,544887,6211,003,0371,008,1461,039,710777,0051,036,2091,629,061972,839
net assets12,91767,13265,40648,9805,42315,33510,02861,70897,66694,65491,45488,20085,13581,54978,379
total shareholders funds12,91767,13265,40648,9805,42315,33510,02861,70897,66694,65491,45488,20085,13581,54978,379
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-59,095-6,45019,63853,612-10,8655,663-52,079-35,353154,476148,4683,3392,8853,3823,125105,536
Depreciation20,65215,4398,94610,30113,73510,28413,71111,9893,81010,0996,8919,4086,5565,8674,537
Amortisation000000000000000
Tax0-405-3,853-10,2170-1,24500-31,134-29,887-972-968-1,260-1,233-29,689
Stock000000000000000
Debtors-1,052,338619,243811,296275,815-340,583215,19936,610-142,173140,695-27,179290,493-180,548-542,638535,658839,010
Creditors-1,092,847391,051926,117201,688-299,762128,235246,634-69,95753,842-151,739267,884-255,527-583,451641,458962,458
Accruals and Deferred Income26,018-13,25891,154-1,40757,27300-36,517-4,16540,68200000
Deferred Taxes & Provisions00000-897897-616-575-1,602-1,0843,627-507-154911
Cash flow from operations-52,934-232,866230,706-21,838100,964-73,159172,55311,71935,55943,200-14,435-60,027-32,642113,405204,743
Investing Activities
capital expenditure-36,280-34,929-4,8760-24,0880-18,836-22,7051,194-19,7350-20,4930-15,000-18,429
Change in Investments000000000000000
cash flow from investments-36,280-34,929-4,8760-24,0880-18,836-22,7051,194-19,7350-20,4930-15,000-18,429
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00000000000-15,494-8,89414,9189,470
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments20,51018,573-7,910-7,90939,50400-10,833-9,09519,92800000
other long term liabilities00000-28,0455,39222,6530-4,095-4,0958,190000
share issue00000000-120,900-115,75000002,036
interest4,8808,581641162953889399-6055703698871,1481,4641,278496
cash flow from financing25,39027,154-7,269-7,74740,457-27,1565,79111,215-129,425-99,548-3,208-6,156-7,43016,19612,002
cash and cash equivalents
cash-63,824-240,641218,561-29,58598,939-81,921159,508-19,917-137,788-10,821-17,643-86,676-40,072114,601198,316
overdraft0000000-20,146-45,11665,26200000
change in cash-63,824-240,641218,561-29,58598,939-81,921159,508229-92,672-76,083-17,643-86,676-40,072114,601198,316

acorn arable 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 Arable Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for acorn arable limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WR10 area or any other competitors across 12 key performance metrics.

acorn arable limited Ownership

ACORN ARABLE LIMITED group structure

Acorn Arable Limited has no subsidiary companies.

Ultimate parent company

ACORN ARABLE LIMITED

02890785

ACORN ARABLE LIMITED Shareholders

samantha rose meredith 50%
bromley kim wells 50%

acorn arable limited directors

Acorn Arable Limited currently has 2 directors. The longest serving directors include Mrs Samantha Meredith (Feb 1994) and Mr Bromley Wells (Feb 1994).

officercountryagestartendrole
Mrs Samantha MeredithUnited Kingdom59 years Feb 1994- Director
Mr Bromley WellsEngland62 years Feb 1994- Director

P&L

January 2024

turnover

12.7m

-36%

operating profit

-59.1k

0%

gross margin

10.2%

+0.13%

turnover

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

Balance Sheet

January 2024

net assets

12.9k

-0.81%

total assets

1.6m

-0.41%

cash

61k

-0.51%

net assets

Total assets minus all liabilities

acorn arable limited company details

company number

02890785

Type

Private limited with Share Capital

industry

46110 - Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

46210 - Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

incorporation date

January 1994

age

30

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

CROWTHERS

auditor

-

address

the courtyard 19 high street, pershore, worcestershire, WR10 1AA

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

acorn arable 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 2 charges/mortgages relating to acorn arable limited. Currently there are 1 open charges and 1 have been satisfied in the past.

charges

acorn arable limited Companies House Filings - See Documents

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