Pomanda estimates the enterprise value of SANDHILL RACING LIMITED at £1.5m based on a Turnover of £1.8m and 0.88x industry multiple (adjusted for size and gross margin).
sandhill racing limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SANDHILL RACING LIMITED at £0 based on an EBITDA of £-287.2k and a 3.42x industry multiple (adjusted for size and gross margin).
sandhill racing limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of SANDHILL RACING LIMITED at £2.3m based on Net Assets of £1.2m and 1.87x industry multiple (adjusted for liquidity).
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Sandhill Racing LimitedOverview
Sandhill Racing Limited is a live company located in berkshire, RG14 1QL with a Companies House number of 04460322. It operates in the other sports activities sector, SIC Code 93199. Founded in June 2002, it's largest shareholder is
sarah louise hobbs
with a 50% stake. Sandhill Racing Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded Sandhill Racing Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £1.8m, make it larger than the average company (£519.1k)
£1.8m - Sandhill Racing Limited
£519.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (6.1%)
-16% - Sandhill Racing Limited
6.1% - Industry AVG
Production
with a gross margin of 44.3%, this company has a comparable cost of product (44.3%)
44.3% - Sandhill Racing Limited
44.3% - Industry AVG
Profitability
an operating margin of -20% make it less profitable than the average company (2%)
-20% - Sandhill Racing Limited
2% - Industry AVG
Employees
with 30 employees, this is above the industry average (13)
30 - Sandhill Racing Limited
13 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
£26.5k - Sandhill Racing Limited
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £58.5k, this is equally as efficient (£67.7k)
£58.5k - Sandhill Racing Limited
£67.7k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (17 days)
21 days - Sandhill Racing Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (33 days)
42 days - Sandhill Racing Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is more than average (17 days)
66 days - Sandhill Racing Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 74 weeks, this is average cash available to meet short term requirements (68 weeks)
74 weeks - Sandhill Racing Limited
68 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.6%, this is a lower level of debt than the average (41.2%)
16.6% - Sandhill Racing Limited
41.2% - Industry AVG
SANDHILL RACING LIMITED financials
EXPORT
Sandhill Racing Limited's latest turnover from July 2023 is estimated at £1.8 million and the company has net assets of £1.2 million. According to their latest financial statements, Sandhill Racing Limited has 30 employees and maintains cash reserves of £296 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
1,756,404
2,577,980
2,914,262
2,931,763
1,500,167
1,651,186
1,435,437
1,823,913
1,931,609
3,128,860
781,789
1,935,723
2,571,817
1,472,646
Other Income Or Grants
Cost Of Sales
979,070
1,308,211
1,656,894
1,652,972
850,642
940,410
801,453
983,701
1,024,789
1,711,821
431,672
1,119,013
1,451,157
838,891
Gross Profit
777,335
1,269,769
1,257,368
1,278,791
649,525
710,776
633,984
840,212
906,820
1,417,039
350,117
816,710
1,120,660
633,755
Admin Expenses
1,128,072
1,331,489
1,053,096
737,268
386,101
942,279
611,539
460,750
1,111,385
1,518,002
323,073
889,186
1,198,520
-906,245
Operating Profit
-350,737
-61,720
204,272
541,523
263,424
-231,503
22,445
379,462
-204,565
-100,963
27,044
-72,476
-77,860
1,540,000
Interest Payable
Interest Receivable
15,197
5,495
464
405
3,548
3,506
2,062
2,732
1,954
3,394
4,094
3,167
3,509
2,125
Pre-Tax Profit
-335,540
-56,225
204,736
541,927
266,972
-227,997
24,506
382,194
-202,611
-97,569
31,138
-69,309
-74,351
1,542,125
Tax
-38,900
-102,966
-50,725
-4,656
-76,439
-7,162
-431,795
Profit After Tax
-335,540
-56,225
165,836
438,961
216,247
-227,997
19,850
305,755
-202,611
-97,569
23,976
-69,309
-74,351
1,110,330
Dividends Paid
Retained Profit
-335,540
-56,225
165,836
438,961
216,247
-227,997
19,850
305,755
-202,611
-97,569
23,976
-69,309
-74,351
1,110,330
Employee Costs
794,159
1,012,222
1,014,913
1,002,798
886,388
757,730
650,738
655,633
725,000
1,151,658
298,900
752,095
920,526
521,128
Number Of Employees
30
37
40
44
39
35
30
30
29
48
12
31
40
22
EBITDA*
-287,234
13,447
272,202
608,477
311,432
-159,888
56,910
424,923
-134,038
-31,170
84,328
15,810
-5,975
1,614,596
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
421,419
432,992
486,579
305,404
287,490
266,030
151,639
196,783
242,244
240,131
199,129
202,803
155,175
162,503
Intangible Assets
1
5,830
40,830
75,830
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
421,419
432,992
486,579
305,404
287,490
266,030
151,639
196,783
242,244
240,131
199,130
208,633
196,005
238,333
Stock & work in progress
179,654
336,926
77,813
111,553
79,907
92,881
63,903
93,525
161,944
164,401
15,239
114,940
78,530
172,505
Trade Debtors
101,545
171,564
198,906
211,307
91,584
116,723
84,826
150,274
118,711
219,420
18,160
110,342
167,310
52,885
Group Debtors
Misc Debtors
460,755
573,328
558,629
861,253
295,544
51,367
51,710
94,350
501
74,190
258,231
80,644
Cash
296,025
311,856
567,302
360,797
448,370
497,630
904,753
744,447
348,316
433,188
924,439
712,959
553,890
849,905
misc current assets
total current assets
1,037,979
1,393,674
1,402,650
1,544,910
915,405
758,601
1,105,192
1,082,596
628,971
817,510
1,032,028
938,241
1,057,961
1,155,939
total assets
1,459,398
1,826,666
1,889,229
1,850,314
1,202,895
1,024,631
1,256,831
1,279,379
871,215
1,057,641
1,231,158
1,146,874
1,253,966
1,394,272
Bank overdraft
Bank loan
Trade Creditors
114,285
63,466
107,153
73,410
24,013
65,936
32,876
5,609
147,289
139,929
221,068
157,175
205,611
269,508
Group/Directors Accounts
449
8,644
962
other short term finances
hp & lease commitments
other current liabilities
91,409
179,298
141,692
305,140
137,331
133,678
185,895
241,776
total current liabilities
205,694
242,764
248,845
378,550
161,344
199,614
219,220
256,029
147,289
139,929
221,068
158,137
205,611
269,508
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
36,251
30,909
31,166
28,382
37,130
36,843
21,440
27,029
33,360
24,535
19,344
21,967
12,276
14,334
total long term liabilities
36,251
30,909
31,166
28,382
37,130
36,843
21,440
27,029
33,360
24,535
19,344
21,967
12,276
14,334
total liabilities
241,945
273,673
280,011
406,932
198,474
236,457
240,660
283,058
180,649
164,464
240,412
180,104
217,887
283,842
net assets
1,217,453
1,552,993
1,609,218
1,443,382
1,004,421
788,174
1,016,171
996,321
690,566
893,177
990,746
966,770
1,036,079
1,110,430
total shareholders funds
1,217,453
1,552,993
1,609,218
1,443,382
1,004,421
788,174
1,016,171
996,321
690,566
893,177
990,746
966,770
1,036,079
1,110,430
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
-350,737
-61,720
204,272
541,523
263,424
-231,503
22,445
379,462
-204,565
-100,963
27,044
-72,476
-77,860
1,540,000
Depreciation
63,503
75,167
67,930
66,954
48,008
71,615
34,465
45,461
70,527
69,792
51,455
53,286
36,885
39,596
Amortisation
1
5,829
35,000
35,000
35,000
Tax
-38,900
-102,966
-50,725
-4,656
-76,439
-7,162
-431,795
Stock
-157,272
259,113
-33,740
31,646
-12,974
28,978
-29,622
-68,419
-2,457
149,162
-99,701
36,410
-93,975
172,505
Debtors
-182,592
-12,643
-315,025
685,432
219,038
31,554
-108,088
125,913
-101,210
127,571
-17,992
-315,199
292,012
133,529
Creditors
50,819
-43,687
33,743
49,397
-41,923
33,060
27,267
-141,680
7,360
-81,139
63,893
-48,436
-63,897
269,508
Accruals and Deferred Income
-87,889
37,606
-163,448
167,809
3,653
-52,217
-55,881
241,776
Deferred Taxes & Provisions
5,342
-257
2,784
-8,748
287
15,403
-5,589
-6,331
8,825
5,191
-2,623
9,691
-2,058
14,334
Cash flow from operations
20,902
-239,361
455,146
-3,109
16,660
-224,174
155,761
384,755
-14,186
-383,851
256,129
255,854
-269,967
1,160,609
Investing Activities
capital expenditure
-51,930
-21,580
-249,105
-84,868
-69,468
-186,006
10,679
-72,640
-110,794
-47,781
-100,914
-29,557
-312,929
Change in Investments
cash flow from investments
-51,930
-21,580
-249,105
-84,868
-69,468
-186,006
10,679
-72,640
-110,794
-47,781
-100,914
-29,557
-312,929
Financing Activities
Bank loans
Group/Directors Accounts
-449
-8,195
8,644
-962
962
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
15,197
5,495
464
405
3,548
3,506
2,062
2,732
1,954
3,394
4,094
3,167
3,509
2,125
cash flow from financing
15,197
5,495
464
405
3,548
3,057
-6,133
11,376
1,954
3,394
3,132
4,129
3,509
2,225
cash and cash equivalents
cash
-15,831
-255,446
206,505
-87,573
-49,260
-407,123
160,306
396,131
-84,872
-491,251
211,480
159,069
-296,015
849,905
overdraft
change in cash
-15,831
-255,446
206,505
-87,573
-49,260
-407,123
160,306
396,131
-84,872
-491,251
211,480
159,069
-296,015
849,905
sandhill racing 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 sandhill racing limited. Get real-time insights into sandhill racing limited's credit score, group structure and payment trends.
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sandhill racing limited Ownership
SANDHILL RACING LIMITED group structure
Sandhill Racing Limited has no subsidiary companies.
Ultimate parent company
SANDHILL RACING LIMITED
04460322
SANDHILL RACING LIMITED Shareholders
The largest shareholders in Sandhill Racing Limited include Sarah Louise Hobbs and Philip John Hobbs.
sarah louise hobbs
50%
philip john hobbs
50%
sandhill racing limited directors
Sandhill Racing Limited currently has 2 directors.
The longest serving directors include
Mr Philip Hobbs (Jun 2002) and
Ms Sarah Hobbs (Jun 2002).
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
June 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
2 old bath road, newbury, berkshire, RG14 1QL
Bank
-
Legal Advisor
-
sandhill racing 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 1 charges/mortgages relating to sandhill racing limited. Currently there are 1 open charges and 0 have been satisfied in the past.
sandhill racing 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 SANDHILL RACING LIMITED. This can take several minutes, an email will notify you when this has completed.
sandhill racing limitedCompanies House Filings - See Documents
