mynde farms limited
mynde farms limited Company Information
Company Number
03249329
Website
-Registered Address
dippersmoor manor kilpeck, hereford, herefordshire, HR2 9DW
Industry
Mixed farming
Telephone
01981540312
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
audley william twiston-davies 100%
mynde farms limited Estimated Valuation
Pomanda estimates the enterprise value of MYNDE FARMS LIMITED at £9m based on a Turnover of £16.4m and 0.55x industry multiple (adjusted for size and gross margin).
mynde farms limited Estimated Valuation
Pomanda estimates the enterprise value of MYNDE FARMS LIMITED at £0 based on an EBITDA of £-16.1k and a 4.4x industry multiple (adjusted for size and gross margin).
mynde farms limited Estimated Valuation
Pomanda estimates the enterprise value of MYNDE FARMS LIMITED at £7.6m based on Net Assets of £5.1m and 1.48x industry multiple (adjusted for liquidity).
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Mynde Farms Limited Overview
Mynde Farms Limited is a live company located in herefordshire, HR2 9DW with a Companies House number of 03249329. It operates in the mixed farming sector, SIC Code 01500. Founded in September 1996, it's largest shareholder is audley william twiston-davies with a 100% stake. Mynde Farms Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.4m with healthy growth in recent years.
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Mynde Farms Limited Health Check
Pomanda's financial health check has awarded Mynde Farms Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £16.4m, make it larger than the average company (£2m)
- Mynde Farms Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (11.1%)
- Mynde Farms Limited
11.1% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (31.6%)
- Mynde Farms Limited
31.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7.4%)
- Mynde Farms Limited
7.4% - Industry AVG
Employees
with 81 employees, this is above the industry average (22)
- Mynde Farms Limited
22 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
- Mynde Farms Limited
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £203k, this is more efficient (£119.1k)
- Mynde Farms Limited
£119.1k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (22 days)
- Mynde Farms Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (39 days)
- Mynde Farms Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mynde Farms Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mynde Farms Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (39.8%)
0.4% - Mynde Farms Limited
39.8% - Industry AVG
MYNDE FARMS LIMITED financials
Mynde Farms Limited's latest turnover from March 2024 is estimated at £16.4 million and the company has net assets of £5.1 million. According to their latest financial statements, we estimate that Mynde Farms Limited has 81 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 96,985 | ||||||||||||||
| Other Income Or Grants | 0 | ||||||||||||||
| Cost Of Sales | 12,775 | ||||||||||||||
| Gross Profit | 84,210 | ||||||||||||||
| Admin Expenses | 42,157 | ||||||||||||||
| Operating Profit | 42,053 | ||||||||||||||
| Interest Payable | 45,461 | ||||||||||||||
| Interest Receivable | 0 | ||||||||||||||
| Pre-Tax Profit | -3,408 | ||||||||||||||
| Tax | 0 | ||||||||||||||
| Profit After Tax | -3,408 | ||||||||||||||
| Dividends Paid | 0 | ||||||||||||||
| Retained Profit | -3,408 | ||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | ||||||||||
| EBITDA* | 50,193 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,733,091 | 1,735,659 | 1,738,917 | 1,737,597 | 1,741,487 | 1,746,331 | 1,718,303 | 1,646,897 | 1,546,166 | 3,462,719 | 3,465,740 | 3,469,417 | 3,476,355 | 3,477,648 | 3,485,218 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 2,500 | 5,000 | 7,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,733,091 | 1,735,659 | 1,738,917 | 1,737,597 | 1,741,487 | 1,748,831 | 1,723,303 | 1,654,397 | 1,546,166 | 3,462,719 | 3,465,740 | 3,469,417 | 3,476,355 | 3,477,648 | 3,485,218 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,419,351 | 3,494,086 | 3,515,575 | 3,513,477 | 3,049 | 2,026 | 2,026 | 0 | 0 | 127,970 | 137,263 | 142,890 | 57,161 | 54,132 | 47,886 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 3,445,395 | 3,474,785 | 3,588,801 | 3,796,897 | 3,223,172 | 0 | 0 | 0 | 0 | 0 | 4,183 |
| Cash | 0 | 0 | 0 | 0 | 63,118 | 20,854 | 2,135 | 13,091 | 5,087 | 0 | 0 | 0 | 10,937 | 27,353 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,419,351 | 3,494,086 | 3,515,575 | 3,513,477 | 3,511,562 | 3,497,665 | 3,592,962 | 3,809,988 | 3,228,259 | 127,970 | 137,263 | 142,890 | 68,098 | 81,485 | 52,069 |
| total assets | 5,152,442 | 5,229,745 | 5,254,492 | 5,251,074 | 5,253,049 | 5,246,496 | 5,316,265 | 5,464,385 | 4,774,425 | 3,590,689 | 3,603,003 | 3,612,307 | 3,544,453 | 3,559,133 | 3,537,287 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 768,115 | 715,000 | 715,000 | 680,669 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,971 | 82,147 | 99,646 | 83,327 | 2,518 | 1,071 | 4,624 | 808 | 2,396 | 1,493,270 | 818,233 | 58,349 | 53,283 | 47,941 | 13,119 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 58,576 | 40,649 | 60,279 | 765,320 | 4,465 | 0 | 0 | 0 | 0 | 0 | 44,287 |
| total current liabilities | 20,971 | 82,147 | 99,646 | 83,327 | 61,094 | 41,720 | 64,903 | 766,128 | 6,861 | 1,493,270 | 818,233 | 826,464 | 768,283 | 762,941 | 738,075 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 130,000 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130,000 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 20,971 | 82,147 | 99,646 | 83,327 | 61,094 | 41,720 | 64,903 | 896,128 | 206,861 | 1,493,270 | 818,233 | 826,464 | 768,283 | 762,941 | 738,075 |
| net assets | 5,131,471 | 5,147,598 | 5,154,846 | 5,167,747 | 5,191,955 | 5,204,776 | 5,251,362 | 4,568,257 | 4,567,564 | 2,097,419 | 2,784,770 | 2,785,843 | 2,776,170 | 2,796,192 | 2,799,212 |
| total shareholders funds | 5,131,471 | 5,147,598 | 5,154,846 | 5,167,747 | 5,191,955 | 5,204,776 | 5,251,362 | 4,568,257 | 4,567,564 | 2,097,419 | 2,784,770 | 2,785,843 | 2,776,170 | 2,796,192 | 2,799,212 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 42,053 | ||||||||||||||
| Depreciation | 4,844 | 6,032 | 1,125 | 882 | 2,244 | 3,021 | 3,677 | 6,938 | 6,556 | 7,946 | 8,140 | ||||
| Amortisation | 2,500 | 2,500 | 2,500 | 2,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | 0 | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -74,735 | -21,489 | 2,098 | 65,033 | -28,367 | -114,016 | -206,070 | 573,725 | 3,095,202 | -9,293 | -5,627 | 142,890 | 3,029 | 2,063 | 52,069 |
| Creditors | -61,176 | -17,499 | 16,319 | 80,809 | 1,447 | -3,553 | 3,816 | -1,588 | -1,490,874 | 675,037 | 759,884 | 58,349 | 5,342 | 34,822 | 13,119 |
| Accruals and Deferred Income | 0 | 0 | 0 | -58,576 | 17,927 | -19,630 | -705,041 | 760,855 | 4,465 | 0 | 0 | 0 | 0 | -44,287 | 44,287 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -130,000 | -70,000 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 55,530 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 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 | -45,461 | ||||||||||||||
| cash flow from financing | 2,757,159 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | -63,118 | 42,264 | 18,719 | -10,956 | 8,004 | 5,087 | 0 | 0 | 0 | -16,416 | 27,353 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -768,115 | 768,115 | 0 | 34,331 | 680,669 |
| change in cash | 0 | 0 | 0 | -63,118 | 42,264 | 18,719 | -10,956 | 8,004 | 5,087 | 0 | 768,115 | -768,115 | -16,416 | -6,978 | -680,669 |
mynde farms limited Credit Report and Business Information
Mynde Farms Limited Competitor Analysis
Perform a competitor analysis for mynde farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in HR2 area or any other competitors across 12 key performance metrics.
mynde farms limited Ownership
MYNDE FARMS LIMITED group structure
Mynde Farms Limited has no subsidiary companies.
Ultimate parent company
MYNDE FARMS LIMITED
03249329
mynde farms limited directors
Mynde Farms Limited currently has 2 directors. The longest serving directors include Mr Audley Twiston Davies (Nov 1996) and The Hon Caroline Twiston Davies (Nov 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Audley Twiston Davies | 73 years | Nov 1996 | - | Director | |
| The Hon Caroline Twiston Davies | 63 years | Nov 1996 | - | Director |
P&L
March 2024turnover
16.4m
+5%
operating profit
-16.1k
0%
gross margin
17.7%
-9.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.1m
0%
total assets
5.2m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
mynde farms limited company details
company number
03249329
Type
Private limited with Share Capital
industry
01500 - Mixed farming
incorporation date
September 1996
age
28
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
templeco 313 limited (November 1996)
accountant
-
auditor
-
address
dippersmoor manor kilpeck, hereford, herefordshire, HR2 9DW
Bank
-
Legal Advisor
-
mynde 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 1 charges/mortgages relating to mynde farms limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mynde farms limited Companies House Filings - See Documents
| date | description | view/download |
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