c. horrell limited

c. horrell limited Company Information

Share C. HORRELL LIMITED
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Company Number

03630048

Industry

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

 

Shareholders

charles andrew horrell

harry horrell

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Group Structure

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Contact

Registered Address

pode hole farm, the causeway thorney, peterborough, cambridgeshire, PE6 0QH

c. horrell limited Estimated Valuation

£551.8k

Pomanda estimates the enterprise value of C. HORRELL LIMITED at £551.8k based on a Turnover of £947.1k and 0.58x industry multiple (adjusted for size and gross margin).

c. horrell limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of C. HORRELL LIMITED at £1.2m based on an EBITDA of £323.2k and a 3.82x industry multiple (adjusted for size and gross margin).

c. horrell limited Estimated Valuation

£7.2m

Pomanda estimates the enterprise value of C. HORRELL LIMITED at £7.2m based on Net Assets of £4.7m and 1.55x industry multiple (adjusted for liquidity).

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C. Horrell Limited Overview

C. Horrell Limited is a live company located in peterborough, PE6 0QH with a Companies House number of 03630048. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in September 1998, it's largest shareholder is charles andrew horrell with a 86.6% stake. C. Horrell Limited is a mature, small sized company, Pomanda has estimated its turnover at £947.1k with healthy growth in recent years.

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C. Horrell Limited Health Check

Pomanda's financial health check has awarded C. Horrell Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £947.1k, make it smaller than the average company (£7.3m)

£947.1k - C. Horrell Limited

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7.4%)

7% - C. Horrell Limited

7.4% - Industry AVG

production

Production

with a gross margin of 31.6%, this company has a comparable cost of product (31.6%)

31.6% - C. Horrell Limited

31.6% - Industry AVG

profitability

Profitability

an operating margin of 15.3% make it more profitable than the average company (9.3%)

15.3% - C. Horrell Limited

9.3% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (46)

6 - C. Horrell Limited

46 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - C. Horrell Limited

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £157.9k, this is equally as efficient (£174k)

£157.9k - C. Horrell Limited

£174k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is near the average (34 days)

33 days - C. Horrell Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (42 days)

64 days - C. Horrell Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 248 days, this is more than average (93 days)

248 days - C. Horrell Limited

93 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)

1 weeks - C. Horrell Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.9%, this is a lower level of debt than the average (48.3%)

20.9% - C. Horrell Limited

48.3% - Industry AVG

C. HORRELL LIMITED financials

EXPORTms excel logo

C. Horrell Limited's latest turnover from January 2024 is estimated at £947.1 thousand and the company has net assets of £4.7 million. According to their latest financial statements, C. Horrell Limited has 6 employees and maintains cash reserves of £20.5 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
Turnover947,112837,939627,132777,729376,043630,432514,454444,805487,480945,615823,496792,8631,408,0171,107,191884,398
Other Income Or Grants000000000000000
Cost Of Sales647,453590,181442,850571,206276,524446,220353,287318,203336,407656,710557,181511,930872,136706,470569,803
Gross Profit299,659247,758184,282206,52399,519184,213161,167126,603151,073288,906266,314280,933535,881400,721314,596
Admin Expenses155,270-187,363-31,120151,191121,61093,257-61,302139,93331,968235,708195,401285,972377,622323,158-1,696,198
Operating Profit144,389435,121215,40255,332-22,09190,956222,469-13,330119,10553,19870,913-5,039158,25977,5632,010,794
Interest Payable69,06464,74350,47652,54753,34239,16728,20228,50823,14018,91821,46424,74427,90830,88016,261
Interest Receivable5446041121635369446547330311341330207
Pre-Tax Profit75,869370,385164,9272,789-75,32051,952194,320-41,77096,41134,82849,779-29,472130,69247,0131,994,740
Tax-18,967-70,373-31,336-5300-9,871-36,9210-19,282-7,314-11,4490-33,980-13,163-558,527
Profit After Tax56,902300,012133,5912,259-75,32042,081157,399-41,77077,12927,51438,330-29,47296,71233,8491,436,213
Dividends Paid000000000000000
Retained Profit56,902300,012133,5912,259-75,32042,081157,399-41,77077,12927,51438,330-29,47296,71233,8491,436,213
Employee Costs220,699214,636204,765159,16291,25888,72183,91381,47758,134202,153169,240168,374303,845244,879222,192
Number Of Employees6665333327661198
EBITDA*323,161590,475397,314211,874107,994207,860328,31587,332264,200146,254156,76882,588230,517142,3892,094,506

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets5,271,8025,320,6435,164,8685,116,7685,113,5155,134,7204,510,1084,463,6264,520,0984,571,5504,576,7484,494,3334,502,1974,406,5874,283,380
Intangible Assets14,19614,19614,19614,19614,19614,19614,19614,19614,1960004,3128,62412,937
Investments & Other111111111111111
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,285,9995,334,8405,179,0655,130,9655,127,7125,148,9174,524,3054,477,8234,534,2954,571,5514,576,7494,494,3344,506,5104,415,2124,296,318
Stock & work in progress441,252558,119354,142327,440327,821255,680300,100239,761273,025242,048207,729282,874196,851202,923249,937
Trade Debtors86,79333,09945,774117,28516,37691,77473,77160,33867,42734,62147,14054,679249,765167,124121,261
Group Debtors000000000000000
Misc Debtors58,03170,62142,18460,69771,125133,48764,35028,38827,516000000
Cash20,5301841841847,55722,42720,96918354,635123,88994,96137,11987,24449,02082,857
misc current assets000000000000000
total current assets606,606662,023442,284505,606422,879503,368459,190328,670422,603400,558349,830374,672533,860419,067454,055
total assets5,892,6055,996,8635,621,3495,636,5715,550,5915,652,2854,983,4954,806,4934,956,8984,972,1094,926,5794,869,0065,040,3704,834,2794,750,373
Bank overdraft43,936104,342109,088244,06738,74244,86749,07381,90645,663000000
Bank loan000000000000000
Trade Creditors 113,74179,25552,59911,20733,069123,15054,38557,98160,066345,098282,678257,282314,182272,636242,658
Group/Directors Accounts000000000000000
other short term finances009,86316,90959,4321,13548,00048,0000000000
hp & lease commitments63,81189,21687,84155,80054,48337,65030,45013,0250000000
other current liabilities372,223382,177327,872347,022344,982378,706240,904165,869259,797000000
total current liabilities593,711654,990587,263675,005530,708585,508422,812366,781365,526345,098282,678257,282314,182272,636242,658
loans526,610552,911586,796648,500715,196721,129296,286344,479392,216274,121307,964352,452408,894449,809500,348
hp & lease commitments62,146125,95774,52764,12538,46742,45060,90000000000
Accruals and Deferred Income47,11656,88566,65576,42495,96257,620000000000
other liabilities000000049,135111,288342,151352,712314,377342,927234,179163,561
provisions000000000000000
total long term liabilities635,872735,753727,978789,049849,625821,199357,186393,614503,504616,272660,676666,829751,821683,988663,909
total liabilities1,229,5831,390,7431,315,2411,464,0541,380,3331,406,707779,998760,395869,030961,370943,354924,1111,066,003956,624906,567
net assets4,663,0224,606,1204,306,1084,172,5174,170,2584,245,5784,203,4974,046,0984,087,8684,010,7393,983,2253,944,8953,974,3673,877,6553,843,806
total shareholders funds4,663,0224,606,1204,306,1084,172,5174,170,2584,245,5784,203,4974,046,0984,087,8684,010,7393,983,2253,944,8953,974,3673,877,6553,843,806
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit144,389435,121215,40255,332-22,09190,956222,469-13,330119,10553,19870,913-5,039158,25977,5632,010,794
Depreciation178,772155,354181,912156,542130,085116,904105,846100,662145,09593,05685,85583,31567,94560,51379,399
Amortisation000000000004,3124,3134,3134,313
Tax-18,967-70,373-31,336-5300-9,871-36,9210-19,282-7,314-11,4490-33,980-13,163-558,527
Stock-116,867203,97726,702-38172,141-44,42060,339-33,26430,97734,319-75,14586,023-6,072-47,014249,937
Debtors41,10415,762-90,02490,481-137,76087,14049,395-6,21760,322-12,519-7,539-195,08682,64145,863121,261
Creditors34,48626,65641,392-21,862-90,08168,765-3,596-2,085-285,03262,42025,396-56,90041,54629,978242,658
Accruals and Deferred Income-19,72344,535-28,919-17,4984,618195,42275,035-93,928259,797000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations394,720371,554441,77381,88488,150419,456253,09930,800128,384179,560253,399134,751161,514160,3551,407,439
Investing Activities
capital expenditure-129,931-311,129-230,012-159,795-108,880-741,516-152,328-44,190-107,839-87,858-168,270-75,451-163,556-183,720-4,380,029
Change in Investments000000000000001
cash flow from investments-129,931-311,129-230,012-159,795-108,880-741,516-152,328-44,190-107,839-87,858-168,270-75,451-163,556-183,720-4,380,030
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 0-9,863-7,046-42,52358,297-46,865048,0000000000
Long term loans-26,301-33,885-61,704-66,696-5,933424,843-48,193-47,737118,095-33,843-44,488-56,442-40,915-50,539500,348
Hire Purchase and Lease Commitments-89,21652,80542,44326,97512,850-11,25078,32513,0250000000
other long term liabilities000000-49,135-62,153-230,863-10,56138,335-28,550108,74870,618163,561
share issue000000000000002,407,593
interest-68,520-64,737-50,476-52,543-53,230-39,004-28,149-28,439-22,694-18,371-21,134-24,433-27,567-30,550-16,054
cash flow from financing-184,037-55,680-76,783-134,78711,984327,724-47,152-77,304-135,462-62,775-27,287-109,42540,266-10,4713,055,448
cash and cash equivalents
cash20,34600-7,373-14,8701,45820,786-54,452-69,25428,92857,842-50,12538,224-33,83782,857
overdraft-60,406-4,746-134,979205,325-6,125-4,206-32,83336,24345,663000000
change in cash80,7524,746134,979-212,698-8,7455,66453,619-90,695-114,91728,92857,842-50,12538,224-33,83782,857

c. horrell 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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C. Horrell Limited Competitor Analysis

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Perform a competitor analysis for c. horrell limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in PE6 area or any other competitors across 12 key performance metrics.

c. horrell limited Ownership

C. HORRELL LIMITED group structure

C. Horrell Limited has 1 subsidiary company.

Ultimate parent company

C. HORRELL LIMITED

03630048

1 subsidiary

C. HORRELL LIMITED Shareholders

charles andrew horrell 86.58%
harry horrell 6.71%
lucy horrell 6.71%

c. horrell limited directors

C. Horrell Limited currently has 2 directors. The longest serving directors include Mr Charles Horrell (Sep 1998) and Ms Sally Horrell (Sep 1998).

officercountryagestartendrole
Mr Charles Horrell66 years Sep 1998- Director
Ms Sally Horrell64 years Sep 1998- Director

P&L

January 2024

turnover

947.1k

+13%

operating profit

144.4k

0%

gross margin

31.7%

+7.01%

turnover

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

Balance Sheet

January 2024

net assets

4.7m

+0.01%

total assets

5.9m

-0.02%

cash

20.5k

+110.58%

net assets

Total assets minus all liabilities

c. horrell limited company details

company number

03630048

Type

Private limited with Share Capital

industry

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

incorporation date

September 1998

age

26

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

topcoin limited (October 1998)

accountant

-

auditor

-

address

pode hole farm, the causeway thorney, peterborough, cambridgeshire, PE6 0QH

Bank

BARCLAYS BANK PLC

Legal Advisor

-

c. horrell 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 c. horrell limited. Currently there are 4 open charges and 1 have been satisfied in the past.

c. horrell 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.

Click to start generating capital raising & share issue transactions for C. HORRELL LIMITED. This can take several minutes, an email will notify you when this has completed.

c. horrell limited Companies House Filings - See Documents

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