glanford beet limited

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glanford beet limited Company Information

Share GLANFORD BEET LIMITED

Company Number

04384515

Shareholders

mr christopher robin denton

mrs susan elizabeth gladwin

Group Structure

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Industry

Support activities for crop production

 

Registered Address

the poplars bridge street, brigg, north lincolnshire, DN20 8NQ

glanford beet limited Estimated Valuation

£172.8k

Pomanda estimates the enterprise value of GLANFORD BEET LIMITED at £172.8k based on a Turnover of £457k and 0.38x industry multiple (adjusted for size and gross margin).

glanford beet limited Estimated Valuation

£147.7k

Pomanda estimates the enterprise value of GLANFORD BEET LIMITED at £147.7k based on an EBITDA of £55k and a 2.69x industry multiple (adjusted for size and gross margin).

glanford beet limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GLANFORD BEET LIMITED at £0 based on Net Assets of £-403.1k and 1.52x industry multiple (adjusted for liquidity).

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Glanford Beet Limited Overview

Glanford Beet Limited is a live company located in north lincolnshire, DN20 8NQ with a Companies House number of 04384515. It operates in the support activities for crop production sector, SIC Code 01610. Founded in February 2002, it's largest shareholder is mr christopher robin denton with a 99% stake. Glanford Beet Limited is a mature, micro sized company, Pomanda has estimated its turnover at £457k with declining growth in recent years.

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Glanford Beet Limited Health Check

Pomanda's financial health check has awarded Glanford Beet Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £457k, make it smaller than the average company (£6.3m)

£457k - Glanford Beet Limited

£6.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.5%)

-15% - Glanford Beet Limited

6.5% - Industry AVG

production

Production

with a gross margin of 11.1%, this company has a higher cost of product (21.2%)

11.1% - Glanford Beet Limited

21.2% - Industry AVG

profitability

Profitability

an operating margin of 12% make it more profitable than the average company (3.3%)

12% - Glanford Beet Limited

3.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (28)

2 - Glanford Beet Limited

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £48k, the company has an equivalent pay structure (£48k)

£48k - Glanford Beet Limited

£48k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £228.5k, this is equally as efficient (£231.3k)

£228.5k - Glanford Beet Limited

£231.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is later than average (47 days)

59 days - Glanford Beet Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 196 days, this is slower than average (41 days)

196 days - Glanford Beet Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Glanford Beet Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Glanford Beet Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 149.4%, this is a higher level of debt than the average (52.4%)

149.4% - Glanford Beet Limited

52.4% - Industry AVG

GLANFORD BEET LIMITED financials

EXPORTms excel logo

Glanford Beet Limited's latest turnover from February 2024 is estimated at £457 thousand and the company has net assets of -£403.1 thousand. According to their latest financial statements, Glanford Beet Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover457,016681,408678,739744,000790,224713,573576,855505,518530,475719,498375,820907,013637,295581,187901,846
Other Income Or Grants
Cost Of Sales406,400578,623594,340673,010688,424632,256503,621442,458468,097639,559315,547806,399530,827494,170805,749
Gross Profit50,616102,78584,39970,990101,80081,31773,23463,06062,37879,93960,273100,614106,46887,01796,096
Admin Expenses-4,37743,61682,45678,03099,33659,257101,217146,074107,050100,045102,275160,013157,726206,535154,771
Operating Profit54,99359,1691,943-7,0402,46422,060-27,983-83,014-44,672-20,106-42,002-59,399-51,258-119,518-58,675
Interest Payable
Interest Receivable
Pre-Tax Profit54,99359,1691,943-7,0402,46422,060-27,983-83,014-44,672-20,106-42,002-59,399-51,258-119,518-58,675
Tax-13,748-11,242-369-468-4,191
Profit After Tax41,24547,9271,574-7,0401,99617,869-27,983-83,014-44,672-20,106-42,002-59,399-51,258-119,518-58,675
Dividends Paid
Retained Profit41,24547,9271,574-7,0401,99617,869-27,983-83,014-44,672-20,106-42,002-59,399-51,258-119,518-58,675
Employee Costs96,09794,06993,04382,87985,11883,55287,47078,26641,65879,86440,56678,34279,61777,67283,258
Number Of Employees222222221212222
EBITDA*54,99359,1691,943-7,0402,46422,060-27,983-83,01477,30976,39855,49825,99043,1413,05729,486

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets740,324669,304593,343608,549722,420714,426750,508547,039654,989708,572504,452580,669522,237486,830589,970
Intangible Assets3,0006,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets740,324669,304593,343608,549722,420714,426750,508547,039654,989708,572504,452580,669522,237489,830595,970
Stock & work in progress3,500
Trade Debtors74,67172,94459,05487,02261,16052,76860,10210,54811,49221,22122,34636,77212,6109,34430,502
Group Debtors
Misc Debtors1,7682,2032,6536771,007
Cash
misc current assets450492492
total current assets76,43975,14761,70787,69962,16753,21860,59411,04014,99221,22122,34636,77212,6109,34430,502
total assets816,763744,451655,050696,248784,587767,644811,102558,079669,981729,793526,798617,441534,847499,174626,472
Bank overdraft
Bank loan
Trade Creditors 219,015453,084395,038420,455454,856453,605424,348412,320362,319311,542264,564760,288633,673545,806480,760
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities219,015453,084395,038420,455454,856453,605424,348412,320362,319311,542264,564760,288633,673545,806480,760
loans
hp & lease commitments
Accruals and Deferred Income3,4002,5502,2152,6102,3252,3252,4902,775
other liabilities997,404733,118750,025766,985814,168800,472890,891621,628703,192769,109592,986145,903130,525131,461204,287
provisions
total long term liabilities1,000,804735,668752,240769,595816,493802,797893,381624,403703,192769,109592,986145,903130,525131,461204,287
total liabilities1,219,8191,188,7521,147,2781,190,0501,271,3491,256,4021,317,7291,036,7231,065,5111,080,651857,550906,191764,198677,267685,047
net assets-403,056-444,301-492,228-493,802-486,762-488,758-506,627-478,644-395,530-350,858-330,752-288,750-229,351-178,093-58,575
total shareholders funds-403,056-444,301-492,228-493,802-486,762-488,758-506,627-478,644-395,530-350,858-330,752-288,750-229,351-178,093-58,575
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit54,99359,1691,943-7,0402,46422,060-27,983-83,014-44,672-20,106-42,002-59,399-51,258-119,518-58,675
Depreciation121,98196,50497,50085,38991,399119,57585,161
Amortisation3,0003,0003,000
Tax-13,748-11,242-369-468-4,191
Stock-3,5003,500
Debtors1,29213,440-25,99225,5329,399-7,33449,554-944-9,729-1,125-14,42624,1623,266-21,15830,502
Creditors-234,06958,046-25,417-34,4011,25129,25712,02850,00150,77746,978-495,724126,61587,86765,046480,760
Accruals and Deferred Income850335-395285-165-2852,775
Deferred Taxes & Provisions
Cash flow from operations-193,26692,8681,754-66,688-6,15254,295-65,794-25,794134,315124,501-425,800128,443127,74289,261479,744
Investing Activities
capital expenditure-71,020-75,96115,206113,871-7,99436,082-203,469107,950-68,398-300,624-21,283-143,821-126,806-16,435-684,131
Change in Investments
cash flow from investments-71,020-75,96115,206113,871-7,99436,082-203,469107,950-68,398-300,624-21,283-143,821-126,806-16,435-684,131
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities264,286-16,907-16,960-47,18313,696-90,419269,263-81,564-65,917176,123447,08315,378-936-72,826204,287
share issue-100100
interest
cash flow from financing264,286-16,907-16,960-47,18313,696-90,419269,263-81,664-65,917176,123447,08315,378-936-72,826204,387
cash and cash equivalents
cash
overdraft
change in cash

glanford beet 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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Glanford Beet Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for glanford beet limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in DN20 area or any other competitors across 12 key performance metrics.

glanford beet limited Ownership

GLANFORD BEET LIMITED group structure

Glanford Beet Limited has no subsidiary companies.

Ultimate parent company

GLANFORD BEET LIMITED

04384515

GLANFORD BEET LIMITED Shareholders

mr christopher robin denton 99%
mrs susan elizabeth gladwin 1%

glanford beet limited directors

Glanford Beet Limited currently has 1 director, Mr Christopher Denton serving since Mar 2002.

officercountryagestartendrole
Mr Christopher DentonEngland73 years Mar 2002- Director

P&L

February 2024

turnover

457k

-33%

operating profit

55k

0%

gross margin

11.1%

-26.58%

turnover

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

Balance Sheet

February 2024

net assets

-403.1k

-0.09%

total assets

816.8k

+0.1%

cash

0

0%

net assets

Total assets minus all liabilities

glanford beet limited company details

company number

04384515

Type

Private limited with Share Capital

industry

01610 - Support activities for crop production

incorporation date

February 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

the poplars bridge street, brigg, north lincolnshire, DN20 8NQ

Bank

-

Legal Advisor

-

glanford beet 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 glanford beet limited.

glanford beet 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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glanford beet limited Companies House Filings - See Documents

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