national beef association
national beef association Company Information
Company Number
03678612
Registered Address
concorde house, 24 warwick new road, leamington spa, CV32 5JG
Industry
Activities of other membership organisations n.e.c.
Telephone
01434601005
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
national beef association Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL BEEF ASSOCIATION at £204.9k based on a Turnover of £324.7k and 0.63x industry multiple (adjusted for size and gross margin).
national beef association Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL BEEF ASSOCIATION at £66.7k based on an EBITDA of £13.6k and a 4.92x industry multiple (adjusted for size and gross margin).
national beef association Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL BEEF ASSOCIATION at £0 based on Net Assets of £-6.3k and 2.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
National Beef Association Overview
National Beef Association is a live company located in leamington spa, CV32 5JG with a Companies House number of 03678612. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in December 1998, it's largest shareholder is unknown. National Beef Association is a mature, micro sized company, Pomanda has estimated its turnover at £324.7k with low growth in recent years.
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National Beef Association Health Check
Pomanda's financial health check has awarded National Beef Association a 3.5 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
3 Strong
4 Regular
4 Weak
Size
annual sales of £324.7k, make it in line with the average company (£379.9k)
£324.7k - National Beef Association
£379.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (2.7%)
3% - National Beef Association
2.7% - Industry AVG
Production
with a gross margin of 54.3%, this company has a comparable cost of product (54.3%)
54.3% - National Beef Association
54.3% - Industry AVG
Profitability
an operating margin of 4.2% make it as profitable than the average company (4.1%)
4.2% - National Beef Association
4.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - National Beef Association
9 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has a lower pay structure (£26k)
£19.6k - National Beef Association
£26k - Industry AVG
Efficiency
resulting in sales per employee of £162.4k, this is more efficient (£60.5k)
£162.4k - National Beef Association
£60.5k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (14 days)
39 days - National Beef Association
14 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (29 days)
64 days - National Beef Association
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - National Beef Association
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (200 weeks)
21 weeks - National Beef Association
200 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.3%, this is a higher level of debt than the average (13.5%)
105.3% - National Beef Association
13.5% - Industry AVG
NATIONAL BEEF ASSOCIATION financials
National Beef Association's latest turnover from December 2022 is £324.7 thousand and the company has net assets of -£6.3 thousand. According to their latest financial statements, National Beef Association has 2 employees and maintains cash reserves of £42.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 324,747 | 145,437 | 202,283 | 298,939 | 418,919 | 401,344 | 357,971 | 402,264 | 430,150 | 365,702 | 433,923 | 454,948 | 742,880 | 418,926 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 10,788 | -54,212 | -12,814 | -18,657 | -23,132 | -47,429 | -9,686 | 41,751 | 82,675 | -11,623 | 8,564 | -74,210 | 64,646 | 36,709 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 10,788 | -54,212 | -12,814 | -18,657 | -23,132 | -47,429 | -9,686 | 41,751 | 82,675 | -11,623 | 8,564 | -74,210 | 64,646 | 36,709 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 10,788 | -54,212 | -12,814 | -18,657 | -23,132 | -47,429 | -9,686 | 41,751 | 82,675 | -11,623 | 8,564 | -74,210 | 64,646 | 36,709 |
| Employee Costs | 39,225 | 47,801 | 63,471 | 128,690 | 153,327 | 130,864 | 101,882 | 104,611 | 98,836 | 94,603 | 76,994 | 167,031 | 113,293 | 100,945 |
| Number Of Employees | 2 | 2 | 4 | 4 | 16 | 15 | 14 | 14 | 13 | 13 | 12 | 12 | 11 | 11 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 44 | 593 | 1,028 | 8 | 8 | 20 | 2,811 | 5,811 | 3,108 | 10,639 | 10,807 | 800 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1 | 1 | 45 | 594 | 1,029 | 9 | 9 | 21 | 2,812 | 5,812 | 3,109 | 10,640 | 10,808 | 800 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 35,263 | 23,604 | 67,551 | 38,174 | 59,600 | 13,899 | 16,884 | 12,182 | 43,203 | 11,642 | 15,325 | 34,976 | 42,469 | 28,616 |
| Group Debtors | 20,186 | 18,136 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 22,188 | 19,225 | 17,655 | 35,803 | 5,340 | 50,958 | 57,282 | 57,065 | 76,283 | 60,729 | 57,206 | 73,440 | 22,363 | 7,193 |
| Cash | 42,314 | 111,444 | 137,105 | 107,347 | 119,883 | 183,824 | 203,893 | 230,720 | 184,287 | 88,343 | 100,658 | 103,788 | 199,914 | 130,006 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 119,951 | 172,409 | 222,311 | 181,324 | 184,823 | 248,681 | 278,059 | 299,967 | 303,773 | 160,714 | 173,189 | 212,204 | 264,746 | 165,815 |
| total assets | 119,952 | 172,410 | 222,356 | 181,918 | 185,852 | 248,690 | 278,068 | 299,988 | 306,585 | 166,526 | 176,298 | 222,844 | 275,554 | 166,615 |
| Bank overdraft | 0 | 3,890 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 3,890 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 26,276 | 24,775 | 1,474 | 1,436 | 5,097 | 3,775 | 5,474 | 12,047 | 8,635 | 9,730 | 7,043 | 19,668 | 43,020 | 12,379 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 24,199 | 22,961 | 33,246 | 48,098 | 28,256 | 29,254 | 31,618 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 71,079 | 131,937 | 63,892 | 45,678 | 27,294 | 44,123 | 25,611 | 20,987 | 57,895 | 19,257 | 19,095 | 59,216 | 45,983 | 32,331 |
| total current liabilities | 101,245 | 160,602 | 65,366 | 47,114 | 32,391 | 72,097 | 54,046 | 66,280 | 114,628 | 57,243 | 55,392 | 110,502 | 89,003 | 44,710 |
| loans | 25,022 | 28,911 | 35,000 | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,022 | 28,911 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 126,267 | 189,513 | 100,366 | 47,114 | 32,391 | 72,097 | 54,046 | 66,280 | 114,628 | 57,243 | 55,392 | 110,502 | 89,003 | 44,710 |
| net assets | -6,315 | -17,103 | 121,990 | 134,804 | 153,461 | 176,593 | 224,022 | 233,708 | 191,957 | 109,283 | 120,906 | 112,342 | 186,551 | 121,905 |
| total shareholders funds | -6,315 | -17,103 | 121,990 | 134,804 | 153,461 | 176,593 | 224,022 | 233,708 | 191,957 | 109,283 | 120,906 | 112,342 | 186,551 | 121,905 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 44 | 548 | 548 | 513 | 0 | 12 | 2,791 | 3,001 | 5,673 | 8,161 | 8,199 | 5,639 | 425 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 16,672 | -24,241 | 11,229 | 9,037 | 83 | -9,309 | 4,919 | -50,239 | 47,115 | -160 | -35,885 | 43,584 | 29,023 | 35,809 |
| Creditors | 1,501 | 23,301 | 38 | -3,661 | 1,322 | -1,699 | -6,573 | 3,412 | -1,095 | 2,687 | -12,625 | -23,352 | 30,641 | 12,379 |
| Accruals and Deferred Income | -60,858 | 68,045 | 18,214 | 18,384 | -16,829 | 18,512 | 4,624 | -36,908 | 38,638 | 162 | -40,121 | 13,233 | 13,652 | 32,331 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 3,890 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -24,199 | 1,238 | -10,285 | -14,852 | 19,842 | -998 | -2,364 | 31,618 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,889 | -6,089 | 35,000 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 1 | -90,970 | 35,000 | 0 | -24,199 | 1,238 | -10,285 | -14,852 | 19,804 | -998 | -2,364 | 31,619 | 0 | 85,196 |
| cash and cash equivalents | ||||||||||||||
| cash | -69,130 | -25,661 | 29,758 | -12,536 | -63,941 | -20,069 | -26,827 | 46,433 | 95,944 | -12,315 | -3,130 | -96,126 | 69,908 | 130,006 |
| overdraft | -3,890 | 3,890 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -65,240 | -29,551 | 29,758 | -12,536 | -63,941 | -20,069 | -26,827 | 46,433 | 95,944 | -12,315 | -3,130 | -96,126 | 69,908 | 130,006 |
national beef association Credit Report and Business Information
National Beef Association Competitor Analysis
Perform a competitor analysis for national beef association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in CV32 area or any other competitors across 12 key performance metrics.
national beef association Ownership
NATIONAL BEEF ASSOCIATION group structure
National Beef Association has 1 subsidiary company.
Ultimate parent company
NATIONAL BEEF ASSOCIATION
03678612
1 subsidiary
national beef association directors
National Beef Association currently has 11 directors. The longest serving directors include Mr Andrew Laughton (Dec 2017) and Mr Adam Watson (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Laughton | England | 61 years | Dec 2017 | - | Director |
| Mr Adam Watson | 50 years | May 2018 | - | Director | |
| Mr David Mitchell | England | 68 years | Sep 2018 | - | Director |
| Mr Stephen Heenan | England | 61 years | Sep 2018 | - | Director |
| Mr Gareth Boyes | Scotland | 49 years | May 2020 | - | Director |
| Dr Jude Capper | England | 47 years | May 2020 | - | Director |
| Mr Robert Venner | England | 57 years | May 2020 | - | Director |
| Ms Sarah Tomlinson | 48 years | Apr 2021 | - | Director | |
| Mr Ben Harman | England | 54 years | Feb 2023 | - | Director |
| Mr Paul Sneyd | England | 51 years | May 2023 | - | Director |
P&L
December 2022turnover
324.7k
+123%
operating profit
13.6k
0%
gross margin
54.3%
-8.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-6.3k
-0.63%
total assets
120k
-0.3%
cash
42.3k
-0.62%
net assets
Total assets minus all liabilities
national beef association company details
company number
03678612
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
December 1998
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
WENDE HUBBARD
auditor
-
address
concorde house, 24 warwick new road, leamington spa, CV32 5JG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
BLYTHE LIGGINS
national beef association 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 national beef association.
national beef association Companies House Filings - See Documents
| date | description | view/download |
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