pikerace limited
pikerace limited Company Information
Company Number
03387706
Next Accounts
Apr 2025
Shareholders
the caister castle trust
ann rosalind rowland wood
View AllGroup Structure
View All
Industry
Growing of cereals (except rice), leguminous crops and oil seeds
Registered Address
6a king street, melton mowbray, leicestershire, LE13 1XA
Website
-pikerace limited Estimated Valuation
Pomanda estimates the enterprise value of PIKERACE LIMITED at £364k based on a Turnover of £946.7k and 0.38x industry multiple (adjusted for size and gross margin).
pikerace limited Estimated Valuation
Pomanda estimates the enterprise value of PIKERACE LIMITED at £0 based on an EBITDA of £0 and a 2.46x industry multiple (adjusted for size and gross margin).
pikerace limited Estimated Valuation
Pomanda estimates the enterprise value of PIKERACE LIMITED at £2.3m based on Net Assets of £1.5m and 1.5x industry multiple (adjusted for liquidity).
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Pikerace Limited Overview
Pikerace Limited is a live company located in leicestershire, LE13 1XA with a Companies House number of 03387706. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in June 1997, it's largest shareholder is the caister castle trust with a 40% stake. Pikerace Limited is a mature, small sized company, Pomanda has estimated its turnover at £946.7k with healthy growth in recent years.
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Pikerace Limited Health Check
Pomanda's financial health check has awarded Pikerace Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £946.7k, make it smaller than the average company (£4.5m)
- Pikerace Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.9%)
- Pikerace Limited
7.9% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (30.8%)
- Pikerace Limited
30.8% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Pikerace Limited
- - Industry AVG
Employees
with 3 employees, this is below the industry average (36)
3 - Pikerace Limited
36 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Pikerace Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £315.6k, this is more efficient (£171.8k)
- Pikerace Limited
£171.8k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (35 days)
- Pikerace Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (44 days)
- Pikerace Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pikerace Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pikerace Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.3%, this is a lower level of debt than the average (42.3%)
12.3% - Pikerace Limited
42.3% - Industry AVG
PIKERACE LIMITED financials
Pikerace Limited's latest turnover from July 2023 is estimated at £946.7 thousand and the company has net assets of £1.5 million. According to their latest financial statements, Pikerace Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,321,061 | 1,321,061 | 1,328,224 | 2,529,183 | 2,530,143 | 2,531,101 | 2,531,818 | 2,532,777 | 2,533,736 | 2,534,695 | 2,535,654 | 2,536,613 | 2,537,572 | 2,538,531 | 2,539,490 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,321,061 | 1,321,061 | 1,328,224 | 2,529,183 | 2,530,143 | 2,531,101 | 2,531,818 | 2,532,777 | 2,533,736 | 2,534,695 | 2,535,654 | 2,536,613 | 2,537,572 | 2,538,531 | 2,539,490 |
| Stock & work in progress | 98,249 | 103,519 | 246,771 | 192,544 | 151,486 | 171,730 | 76,326 | 132,948 | |||||||
| Trade Debtors | 268,164 | 271,589 | 252,871 | 277,697 | 226,636 | 262,178 | 277,788 | 129,961 | 178,500 | 21,327 | 20,117 | 38,715 | 16,566 | 33,913 | 5,470 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 131,548 | 145,376 | 191,385 | 32,480 | 136,409 | ||||||||||
| Cash | 145,671 | 75,064 | 6,977 | 189,999 | 91,242 | 281,664 | 210,349 | 253,074 | |||||||
| misc current assets | 223,507 | 142,560 | |||||||||||||
| total current assets | 399,712 | 416,965 | 444,256 | 310,177 | 363,045 | 485,685 | 420,348 | 373,881 | 357,083 | 275,075 | 402,660 | 281,443 | 469,960 | 320,588 | 391,492 |
| total assets | 1,720,773 | 1,738,026 | 1,772,480 | 2,839,360 | 2,893,188 | 3,016,786 | 2,952,166 | 2,906,658 | 2,890,819 | 2,809,770 | 2,938,314 | 2,818,056 | 3,007,532 | 2,859,119 | 2,930,982 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 210,952 | 228,205 | 262,659 | 129,539 | 155,909 | 279,324 | 214,568 | 168,874 | 152,843 | 71,602 | 199,954 | 79,508 | 268,879 | 120,965 | 193,838 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 210,952 | 228,205 | 262,659 | 129,539 | 155,909 | 279,324 | 214,568 | 168,874 | 152,843 | 71,602 | 199,954 | 79,508 | 268,879 | 120,965 | 193,838 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 210,952 | 228,205 | 262,659 | 129,539 | 155,909 | 279,324 | 214,568 | 168,874 | 152,843 | 71,602 | 199,954 | 79,508 | 268,879 | 120,965 | 193,838 |
| net assets | 1,509,821 | 1,509,821 | 1,509,821 | 2,709,821 | 2,737,279 | 2,737,462 | 2,737,598 | 2,737,784 | 2,737,976 | 2,738,168 | 2,738,360 | 2,738,548 | 2,738,653 | 2,738,154 | 2,737,144 |
| total shareholders funds | 1,509,821 | 1,509,821 | 1,509,821 | 2,709,821 | 2,737,279 | 2,737,462 | 2,737,598 | 2,737,784 | 2,737,976 | 2,738,168 | 2,738,360 | 2,738,548 | 2,738,653 | 2,738,154 | 2,737,144 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 959 | 959 | 959 | 959 | 959 | 959 | 959 | 959 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -98,249 | -5,270 | -143,252 | 54,227 | 41,058 | -20,244 | 95,404 | -56,622 | 132,948 | ||||||
| Debtors | -17,253 | -27,291 | 134,079 | -52,868 | 100,867 | -15,610 | 147,827 | -48,539 | 157,173 | 1,210 | -18,598 | 22,149 | -17,347 | 28,443 | 5,470 |
| Creditors | -17,253 | -34,454 | 133,120 | -26,370 | -123,415 | 64,756 | 45,694 | 16,031 | 81,241 | -128,352 | 120,446 | -189,371 | 147,914 | -72,873 | 193,838 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -145,671 | 70,607 | 68,087 | -183,022 | 98,757 | -190,422 | 71,315 | -42,725 | 253,074 | ||||||
| overdraft | |||||||||||||||
| change in cash | -145,671 | 70,607 | 68,087 | -183,022 | 98,757 | -190,422 | 71,315 | -42,725 | 253,074 |
pikerace limited Credit Report and Business Information
Pikerace Limited Competitor Analysis
Perform a competitor analysis for pikerace limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in LE13 area or any other competitors across 12 key performance metrics.
pikerace limited Ownership
PIKERACE LIMITED group structure
Pikerace Limited has no subsidiary companies.
Ultimate parent company
PIKERACE LIMITED
03387706
pikerace limited directors
Pikerace Limited currently has 7 directors. The longest serving directors include Mr David Hill (Jul 1998) and Ms Ann Wood (Jul 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Hill | 75 years | Jul 1998 | - | Director | |
| Ms Ann Wood | 81 years | Jul 1998 | - | Director | |
| Mr Peter Hill | 79 years | Jul 1998 | - | Director | |
| Miss Sarah Hill | 35 years | Jun 2024 | - | Director | |
| Mr Thomas Hill | England | 48 years | Jun 2024 | - | Director |
| Mrs Margaret Randall | 45 years | Jun 2024 | - | Director | |
| Mr James Hill | 38 years | Jun 2024 | - | Director |
P&L
July 2023turnover
946.7k
+1%
operating profit
0
0%
gross margin
17%
+25.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.5m
0%
total assets
1.7m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
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pikerace limited company details
company number
03387706
Type
Private limited with Share Capital
industry
01110 - Growing of cereals (except rice), leguminous crops and oil seeds
incorporation date
June 1997
age
28
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
6a king street, melton mowbray, leicestershire, LE13 1XA
Bank
-
Legal Advisor
-
pikerace 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 did not find charges/mortgages relating to pikerace limited.
pikerace 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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pikerace limited Companies House Filings - See Documents
| date | description | view/download |
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