agrimax limited

agrimax limited Company Information

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Company Number

03793229

Industry

Wholesale of agricultural machinery, equipment and supplies

 

Shareholders

the soil first farming company limited

Group Structure

View All

Contact

Registered Address

41 rodney road, cheltenham, GL50 1HX

agrimax limited Estimated Valuation

£283.2k

Pomanda estimates the enterprise value of AGRIMAX LIMITED at £283.2k based on a Turnover of £816.4k and 0.35x industry multiple (adjusted for size and gross margin).

agrimax limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AGRIMAX LIMITED at £0 based on an EBITDA of £-238.2k and a 3.57x industry multiple (adjusted for size and gross margin).

agrimax limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of AGRIMAX LIMITED at £1.1m based on Net Assets of £534.1k and 2.01x industry multiple (adjusted for liquidity).

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Agrimax Limited Overview

Agrimax Limited is a live company located in cheltenham, GL50 1HX with a Companies House number of 03793229. It operates in the wholesale of agricultural machinery, equipment and supplies sector, SIC Code 46610. Founded in June 1999, it's largest shareholder is the soil first farming company limited with a 100% stake. Agrimax Limited is a mature, small sized company, Pomanda has estimated its turnover at £816.4k with low growth in recent years.

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Agrimax Limited Health Check

Pomanda's financial health check has awarded Agrimax Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £816.4k, make it smaller than the average company (£24.6m)

£816.4k - Agrimax Limited

£24.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.2%)

4% - Agrimax Limited

8.2% - Industry AVG

production

Production

with a gross margin of 13%, this company has a comparable cost of product (13%)

13% - Agrimax Limited

13% - Industry AVG

profitability

Profitability

an operating margin of -29.5% make it less profitable than the average company (3.5%)

-29.5% - Agrimax Limited

3.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (49)

2 - Agrimax Limited

49 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)

£43.3k - Agrimax Limited

£43.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £408.2k, this is less efficient (£526.1k)

£408.2k - Agrimax Limited

£526.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is later than average (34 days)

58 days - Agrimax Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (43 days)

5 days - Agrimax Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 122 days, this is in line with average (126 days)

122 days - Agrimax Limited

126 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 79 weeks, this is more cash available to meet short term requirements (2 weeks)

79 weeks - Agrimax Limited

2 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.2%, this is a lower level of debt than the average (63.7%)

30.2% - Agrimax Limited

63.7% - Industry AVG

AGRIMAX LIMITED financials

EXPORTms excel logo

Agrimax Limited's latest turnover from December 2023 is estimated at £816.4 thousand and the company has net assets of £534.1 thousand. According to their latest financial statements, Agrimax Limited has 2 employees and maintains cash reserves of £342.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover816,393822,765932,716731,5951,196,3441,056,676826,089861,136952,4041,249,972905,5751,237,4611,248,336687,7630
Other Income Or Grants000000000000000
Cost Of Sales710,350715,971805,097633,0701,046,815924,393720,195745,181819,2271,074,218787,8061,077,8491,074,826587,2270
Gross Profit106,043106,794127,61998,524149,528132,283105,893115,955133,177175,754117,769159,612173,510100,5350
Admin Expenses346,765128,5871,602,288-18,384-99,286-141,333-163,778-64,313-61,454-89,160-117,591-13,828-106,522-141,959-344,213
Operating Profit-240,722-21,793-1,474,669116,908248,814273,616269,671180,268194,631264,914235,360173,440280,032242,494344,213
Interest Payable000000000000000
Interest Receivable21,13415,1202,7631,84512,90911,4236,8773,0025,3514,4643,3832,4961,8761,209401
Pre-Tax Profit-219,588-6,673-1,471,906118,753261,722285,040276,548183,270199,983269,378238,743175,936281,908243,703344,614
Tax000-22,563-49,727-54,158-52,544-36,654-39,996-56,569-54,911-42,225-73,296-68,237-96,492
Profit After Tax-219,588-6,673-1,471,90696,190211,995230,882224,004146,616159,986212,809183,832133,711208,612175,466248,122
Dividends Paid000000000000000
Retained Profit-219,588-6,673-1,471,90696,190211,995230,882224,004146,616159,986212,809183,832133,711208,612175,466248,122
Employee Costs86,59682,51239,76976,12674,54974,36572,56568,71597,732129,86097,877125,592120,72760,7820
Number Of Employees221222223434420
EBITDA*-238,241-20,740-1,474,277121,134249,393280,211274,888183,102197,032267,915238,878177,457283,878242,815344,452

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets47,39319,8971,4531,95921,58626,86532,16018,0189,60412,00514,07316,06715,3841,287957
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets47,39319,8971,4531,95921,58626,86532,16018,0189,60412,00514,07316,06715,3841,287957
Stock & work in progress238,603324,124404,731327,365464,919388,967103,786205,156177,703251,702135,076159,756147,305109,47547,986
Trade Debtors130,804119,675102,36884,03251,106108,283145,745148,135145,558142,152135,988193,315212,790100,106115,493
Group Debtors000000000000000
Misc Debtors5,35217,54646,79295,320107,174102,99061,88130,00077,7601,07000000
Cash342,760462,332401,6671,808,4931,882,4621,559,8431,486,2941,264,3871,136,8801,003,681781,929571,202427,055323,273160,235
misc current assets0000004,70400000000
total current assets717,519923,677955,5582,315,2102,505,6612,160,0831,802,4101,647,6781,537,9011,398,6051,052,993924,273787,150532,854323,714
total assets764,912943,574957,0112,317,1692,527,2472,186,9481,834,5701,665,6961,547,5051,410,6101,067,066940,340802,534534,141324,671
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 11,4117,835132,2365,128296,107158,481090,933119,331248,048117,227174,224170,324110,54376,539
Group/Directors Accounts38,00025,3140000000086195000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities174,559154,41864,08379,43490,994104,417141,402105,599105,626000000
total current liabilities223,970187,567196,31984,562387,101262,898141,402196,532224,957248,048117,313174,419170,324110,54376,539
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions6,8742,3513633724,1010000000000
total long term liabilities6,8742,3513633724,1010000000000
total liabilities230,844189,918196,68284,934391,202262,898141,402196,532224,957248,048117,313174,419170,324110,54376,539
net assets534,068753,656760,3292,232,2352,136,0451,924,0501,693,1681,469,1641,322,5481,162,562949,753765,921632,210423,598248,132
total shareholders funds534,068753,656760,3292,232,2352,136,0451,924,0501,693,1681,469,1641,322,5481,162,562949,753765,921632,210423,598248,132
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-240,722-21,793-1,474,669116,908248,814273,616269,671180,268194,631264,914235,360173,440280,032242,494344,213
Depreciation2,4811,0533924,2265796,5955,2172,8342,4013,0013,5184,0173,846321239
Amortisation000000000000000
Tax000-22,563-49,727-54,158-52,544-36,654-39,996-56,569-54,911-42,225-73,296-68,237-96,492
Stock-85,521-80,60777,366-137,55475,952285,181-101,37027,453-73,999116,626-24,68012,45137,83061,48947,986
Debtors-1,065-11,939-30,19221,072-52,9933,64729,491-45,18380,0967,234-57,327-19,475112,684-15,387115,493
Creditors3,576-124,401127,108-290,979137,626158,481-90,933-28,398-128,717130,821-56,9973,90059,78134,00476,539
Accruals and Deferred Income20,14190,335-15,351-11,560-13,423-36,98535,803-27105,626000000
Deferred Taxes & Provisions4,5231,988-9-3,7294,1010000000000
Cash flow from operations-123,41539,728-1,409,703-91,215305,01158,721239,093135,753127,848218,307208,977146,156119,849162,480161,020
Investing Activities
capital expenditure-29,977-19,49711415,4014,700-1,300-19,359-11,2480-933-1,524-4,700-17,943-651-1,196
Change in Investments000000000000000
cash flow from investments-29,977-19,49711415,4014,700-1,300-19,359-11,2480-933-1,524-4,700-17,943-651-1,196
Financing Activities
Bank loans000000000000000
Group/Directors Accounts12,68625,3140000000-86-109195000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000000000010
interest21,13415,1202,7631,84512,90911,4236,8773,0025,3514,4643,3832,4961,8761,209401
cash flow from financing33,82040,4342,7631,84512,90911,4236,8773,0025,3514,3783,2742,6911,8761,209411
cash and cash equivalents
cash-119,57260,665-1,406,826-73,969322,61973,549221,907127,507133,199221,752210,727144,147103,782163,038160,235
overdraft000000000000000
change in cash-119,57260,665-1,406,826-73,969322,61973,549221,907127,507133,199221,752210,727144,147103,782163,038160,235

agrimax 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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Agrimax Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for agrimax limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in GL50 area or any other competitors across 12 key performance metrics.

agrimax limited Ownership

AGRIMAX LIMITED group structure

Agrimax Limited has no subsidiary companies.

Ultimate parent company

AGRIMAX LIMITED

03793229

AGRIMAX LIMITED Shareholders

the soil first farming company limited 100%

agrimax limited directors

Agrimax Limited currently has 2 directors. The longest serving directors include Mr James Warne (Mar 2021) and Mrs Lisa Warne (Jul 2023).

officercountryagestartendrole
Mr James WarneEngland49 years Mar 2021- Director
Mrs Lisa WarneEngland44 years Jul 2023- Director

P&L

December 2023

turnover

816.4k

-1%

operating profit

-240.7k

0%

gross margin

13%

+0.07%

turnover

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

Balance Sheet

December 2023

net assets

534.1k

-0.29%

total assets

764.9k

-0.19%

cash

342.8k

-0.26%

net assets

Total assets minus all liabilities

agrimax limited company details

company number

03793229

Type

Private limited with Share Capital

industry

46610 - Wholesale of agricultural machinery, equipment and supplies

incorporation date

June 1999

age

25

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

MITCHEL GLANVILLE LIMITED

auditor

-

address

41 rodney road, cheltenham, GL50 1HX

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

agrimax 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 agrimax limited.

agrimax 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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agrimax limited Companies House Filings - See Documents

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