Pomanda estimates the enterprise value of HALF ACRE LIMITED at £160.8k based on a Turnover of £291.8k and 0.55x industry multiple (adjusted for size and gross margin).
half acre limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HALF ACRE LIMITED at £0 based on an EBITDA of £-11.9k and a 4.03x industry multiple (adjusted for size and gross margin).
half acre limitedEstimated Valuation
£518.3k
Pomanda estimates the enterprise value of HALF ACRE LIMITED at £518.3k based on Net Assets of £243k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Half Acre LimitedOverview
Half Acre Limited is a live company located in devon, EX13 5AD with a Companies House number of 04367063. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2002, it's largest shareholder is
laurel mandy audemard
with a 80.7% stake. Half Acre Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£291.8k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Half Acre Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
4 Regular
3 Weak
Size
annual sales of £291.8k, make it smaller than the average company (£3.7m)
£291.8k - Half Acre Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.2%)
7% - Half Acre Limited
8.2% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
38.1% - Half Acre Limited
38.1% - Industry AVG
Profitability
an operating margin of -4.1% make it less profitable than the average company (5.7%)
-4.1% - Half Acre Limited
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Half Acre Limited
22 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
£46.5k - Half Acre Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £145.9k, this is equally as efficient (£145.9k)
£145.9k - Half Acre Limited
£145.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Half Acre Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Half Acre Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Half Acre Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 86 weeks, this is more cash available to meet short term requirements (26 weeks)
86 weeks - Half Acre Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.6%, this is a lower level of debt than the average (58.8%)
17.6% - Half Acre Limited
58.8% - Industry AVG
HALF ACRE LIMITED financials
EXPORT
Half Acre Limited's latest turnover from March 2024 is estimated at £291.8 thousand and the company has net assets of £243 thousand. According to their latest financial statements, Half Acre Limited has 2 employees and maintains cash reserves of £74.8 thousand 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
Mar 2012
Mar 2011
Mar 2010
Turnover
291,842
282,243
256,578
238,003
255,780
256,507
249,699
241,912
64,689
81,335
87,170
7,114
8,179
18,197
Other Income Or Grants
Cost Of Sales
180,570
172,996
159,176
149,235
158,478
159,635
154,788
147,920
40,950
51,848
55,256
4,389
4,913
10,839
Gross Profit
111,272
109,246
97,402
88,768
97,303
96,871
94,911
93,992
23,739
29,486
31,913
2,725
3,266
7,358
Admin Expenses
123,176
130,737
101,382
89,435
101,885
71,844
62,898
39,533
-154,190
15,756
21,026
31,860
2,538
6,671
-40,160
Operating Profit
-11,904
-21,491
-3,980
-667
-4,582
25,027
32,013
54,459
154,190
7,983
8,460
53
187
-3,405
47,518
Interest Payable
1,493
3,506
3,761
9,712
8,125
Interest Receivable
4,129
4,734
547
6
10
127
111
43
54
47
111
176
175
181
93
Pre-Tax Profit
-7,775
-16,757
-3,433
-661
-6,065
21,648
28,362
44,790
146,119
8,030
8,571
229
362
-3,224
47,611
Tax
-4,113
-5,389
-8,958
-29,224
-1,686
-1,971
-55
-94
-13,331
Profit After Tax
-7,775
-16,757
-3,433
-661
-6,065
17,535
22,973
35,832
116,895
6,344
6,600
174
268
-3,224
34,280
Dividends Paid
Retained Profit
-7,775
-16,757
-3,433
-661
-6,065
17,535
22,973
35,832
116,895
6,344
6,600
174
268
-3,224
34,280
Employee Costs
93,028
89,534
84,505
80,333
79,548
77,136
72,730
71,130
35,509
35,267
34,789
34,714
34,236
35,389
Number Of Employees
2
2
2
2
2
2
2
2
1
1
1
1
1
1
EBITDA*
-11,896
-21,479
-3,964
-645
-4,552
25,067
32,068
54,531
154,285
8,109
8,629
278
487
-3,128
48,010
* 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
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
220,030
200,038
195,050
370,066
360,088
378,118
378,158
360,213
539,977
380
506
675
900
1,199
1,476
Intangible Assets
Investments & Other
525,000
503,000
485,000
500,000
500,000
500,000
Debtors (Due After 1 year)
Total Fixed Assets
220,030
200,038
195,050
370,066
360,088
378,118
378,158
360,213
539,977
525,380
503,506
485,675
500,900
501,199
501,476
Stock & work in progress
Trade Debtors
503
511
366
436
904
Group Debtors
Misc Debtors
1,557
913
849
Cash
74,751
82,562
140,228
5,549
7,087
12,516
21,424
22,790
11,708
9,794
9,080
35,416
35,010
35,056
37,180
misc current assets
total current assets
74,751
82,562
140,228
7,106
7,087
12,516
21,424
22,790
12,621
10,297
9,591
35,782
35,446
35,960
38,029
total assets
294,781
282,600
335,278
377,172
367,175
390,634
399,582
383,003
552,598
535,677
513,097
521,457
536,346
537,159
539,505
Bank overdraft
5,760
5,760
5,824
Bank loan
Trade Creditors
22,745
28,509
31,469
1,945
1,526
3,244
Group/Directors Accounts
48,233
47,760
29,567
116,067
113,471
other short term finances
hp & lease commitments
other current liabilities
44,724
31,846
65,435
92,834
84,054
945
2,315
52,423
18,631
total current liabilities
44,724
31,846
65,435
92,834
84,054
54,938
55,835
58,247
18,631
22,745
28,509
31,469
31,512
117,593
116,715
loans
43,178
49,195
54,954
250,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
55,000
305,000
305,000
335,000
335,020
250,020
250,020
provisions
7,078
2,332
13,394
11,516
14,848
34,417
32,640
27,637
total long term liabilities
7,078
2,332
13,394
11,516
58,026
83,612
87,594
332,637
305,000
305,000
335,000
335,020
250,020
250,020
total liabilities
51,802
31,846
67,767
106,228
95,570
112,964
139,447
145,841
351,268
327,745
333,509
366,469
366,532
367,613
366,735
net assets
242,979
250,754
267,511
270,944
271,605
277,670
260,135
237,162
201,330
207,932
179,588
154,988
169,814
169,546
172,770
total shareholders funds
242,979
250,754
267,511
270,944
271,605
277,670
260,135
237,162
201,330
207,932
179,588
154,988
169,814
169,546
172,770
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-11,904
-21,491
-3,980
-667
-4,582
25,027
32,013
54,459
154,190
7,983
8,460
53
187
-3,405
47,518
Depreciation
8
12
16
22
30
40
55
72
95
126
169
225
300
277
492
Amortisation
Tax
-4,113
-5,389
-8,958
-29,224
-1,686
-1,971
-55
-94
-13,331
Stock
Debtors
-1,557
1,557
-913
410
-8
145
-70
-468
55
849
Creditors
-22,745
-5,764
-2,960
29,524
419
-1,718
3,244
Accruals and Deferred Income
12,878
-33,589
-27,399
8,780
83,109
-1,370
-50,108
33,792
18,631
Deferred Taxes & Provisions
7,078
-2,332
-11,062
1,878
-3,332
-19,569
1,777
5,003
27,637
Cash flow from operations
8,060
-57,400
-40,868
8,456
75,225
15
-21,652
85,281
148,174
667
3,553
29,817
1,280
-4,901
37,074
Investing Activities
capital expenditure
-20,000
-5,000
175,000
-10,000
18,000
-18,000
179,692
-539,692
-1
-1,968
Change in Investments
-525,000
22,000
18,000
-15,000
500,000
cash flow from investments
-20,000
-5,000
175,000
-10,000
18,000
-18,000
179,692
-14,692
-22,000
-18,000
15,000
-1
-501,968
Financing Activities
Bank loans
Group/Directors Accounts
-48,233
473
47,760
-29,567
-86,500
2,596
113,471
Other Short Term Loans
Long term loans
-43,178
-6,017
-5,759
-195,046
250,000
Hire Purchase and Lease Commitments
other long term liabilities
-55,000
-250,000
-30,000
-20
85,000
250,020
share issue
-123,497
22,000
18,000
-15,000
138,490
interest
4,129
4,734
547
6
-1,483
-3,379
-3,650
-9,669
-8,071
47
111
176
175
181
93
cash flow from financing
4,129
4,734
547
6
-92,894
-8,923
38,351
-259,715
-131,568
22,047
-11,889
-44,411
-1,325
2,777
502,074
cash and cash equivalents
cash
-7,811
-57,666
134,679
-1,538
-5,429
-8,908
-1,366
11,082
1,914
714
-26,336
406
-46
-2,124
37,180
overdraft
-5,760
-64
5,824
change in cash
-7,811
-57,666
134,679
-1,538
331
-8,908
-1,302
5,258
1,914
714
-26,336
406
-46
-2,124
37,180
half acre limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for half acre limited. Get real-time insights into half acre limited's credit score, group structure and payment trends.
Perform a competitor analysis for half acre limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EX13 area or any other competitors across 12 key performance metrics.
half acre limited Ownership
HALF ACRE LIMITED group structure
Half Acre Limited has no subsidiary companies.
Ultimate parent company
HALF ACRE LIMITED
04367063
HALF ACRE LIMITED Shareholders
The largest shareholders in Half Acre Limited include Laurel Mandy Audemard and Grant Ian Audemard.
laurel mandy audemard
80.67%
grant ian audemard
19.33%
half acre limited directors
Half Acre Limited currently has 2 directors.
The longest serving directors include
Mr Grant Audemard (Feb 2002) and
Mrs Laurel Audemard (Feb 2002).
82990 - Other business support service activities n.e.c.
incorporation date
February 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
timberly south street, axminster, devon, EX13 5AD
Bank
-
Legal Advisor
-
half acre 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 6 charges/mortgages relating to half acre limited. Currently there are 0 open charges and 6 have been satisfied in the past.
half acre 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 HALF ACRE LIMITED. This can take several minutes, an email will notify you when this has completed.
half acre limitedCompanies House Filings - See Documents
