nene potatoes limited

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nene potatoes limited Company Information

Share NENE POTATOES LIMITED

Company Number

04517085

Shareholders

iris amanda tolliday

chris drury

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Group Structure

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Industry

Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

 

Registered Address

c/o duncan & toplis limited, enterprise way, spalding, lincolnshire, PE11 3YR

nene potatoes limited Estimated Valuation

£5.5m

Pomanda estimates the enterprise value of NENE POTATOES LIMITED at £5.5m based on a Turnover of £10.2m and 0.54x industry multiple (adjusted for size and gross margin).

nene potatoes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NENE POTATOES LIMITED at £0 based on an EBITDA of £-21k and a 6.65x industry multiple (adjusted for size and gross margin).

nene potatoes limited Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of NENE POTATOES LIMITED at £3.5m based on Net Assets of £676k and 5.12x industry multiple (adjusted for liquidity).

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Nene Potatoes Limited Overview

Nene Potatoes Limited is a live company located in spalding, PE11 3YR with a Companies House number of 04517085. It operates in the agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods sector, SIC Code 46110. Founded in August 2002, it's largest shareholder is iris amanda tolliday with a 13.8% stake. Nene Potatoes Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.2m with low growth in recent years.

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Nene Potatoes Limited Health Check

Pomanda's financial health check has awarded Nene Potatoes Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

6 Weak

size

Size

annual sales of £10.2m, make it smaller than the average company (£22.6m)

£10.2m - Nene Potatoes Limited

£22.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (9.6%)

3% - Nene Potatoes Limited

9.6% - Industry AVG

production

Production

with a gross margin of 8%, this company has a comparable cost of product (8%)

8% - Nene Potatoes Limited

8% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (1.9%)

-0.2% - Nene Potatoes Limited

1.9% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (16)

5 - Nene Potatoes Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)

£47.9k - Nene Potatoes Limited

£47.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2m, this is more efficient (£1.3m)

£2m - Nene Potatoes Limited

£1.3m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is later than average (38 days)

52 days - Nene Potatoes Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is close to average (33 days)

31 days - Nene Potatoes Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nene Potatoes Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (11 weeks)

8 weeks - Nene Potatoes Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 59.9%, this is a similar level of debt than the average (59.6%)

59.9% - Nene Potatoes Limited

59.6% - Industry AVG

NENE POTATOES LIMITED financials

EXPORTms excel logo

Nene Potatoes Limited's latest turnover from July 2024 is estimated at £10.2 million and the company has net assets of £676 thousand. According to their latest financial statements, Nene Potatoes Limited has 5 employees and maintains cash reserves of £159.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover10,218,34619,408,66210,622,9429,216,62912,536,0172,633,8272,349,4163,866,1842,970,6152,026,0972,488,3935,041,9292,770,0003,778,9032,654,5313,066,176
Other Income Or Grants
Cost Of Sales9,398,94917,513,8899,363,0708,037,95811,176,9001,891,7431,511,3393,048,9142,190,4531,262,3501,712,1674,187,7191,891,5902,959,1551,936,2212,379,429
Gross Profit819,3961,894,7731,259,8721,178,6711,359,117742,084838,077817,270780,162763,747776,226854,210878,410819,748718,310686,747
Admin Expenses842,9141,827,2321,327,6791,199,0521,337,495570,462670,608595,784571,010570,647597,428581,660629,158606,609523,523478,811
Operating Profit-23,51867,541-67,807-20,38121,622171,622167,469221,486209,152193,100178,798272,550249,252213,139194,787207,936
Interest Payable6037
Interest Receivable18,63420,4444,0293894072396984154827535874933362253,196
Pre-Tax Profit-4,88487,985-63,778-19,99222,028171,622167,708222,184209,567193,582179,551273,137249,745213,475194,952211,095
Tax-21,996-4,185-5,296-3,064-10,126-2,962-1,510-24,562-18,448-15,422-10,219-13,961
Profit After Tax-4,88465,989-63,778-19,99217,843166,326164,644212,058206,605193,582178,041248,575231,297198,053184,733197,134
Dividends Paid
Retained Profit-4,88465,989-63,778-19,99217,843166,326164,644212,058206,605193,582178,041248,575231,297198,053184,733197,134
Employee Costs239,640271,099314,987236,039319,199356,444368,696343,111148,13872,86298,540106,87569,20996,24566,638
Number Of Employees568689994233232
EBITDA*-21,02873,476-58,145-16,11025,893175,943172,015224,952212,655201,587187,398279,894259,601224,857205,738218,827

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets63,67966,16998,643108,30578,40582,67686,99788,69384,60488,10796,59421,54322,90329,10635,92246,634
Intangible Assets
Investments & Other6,7356,7356,7356,7356,735
Debtors (Due After 1 year)
Total Fixed Assets63,67966,16998,643108,30578,40582,67686,99788,69384,60488,10796,59428,27829,63835,84142,65753,369
Stock & work in progress
Trade Debtors1,459,4762,597,9961,635,6711,390,8921,781,5451,820,5651,606,3361,330,1442,089,3841,169,3921,223,6402,084,1311,568,950707,975857,738588,713
Group Debtors
Misc Debtors3,7511,9379331,34146,0781,53014,8573,1593,3344,21611,0194,33715,17512,3347,7929,213
Cash159,947549,933267,834376,866401,433411,706425,400370,22254,694365,1521,034,114909,091510,594307,690431,147279,188
misc current assets
total current assets1,623,1743,149,8661,904,4381,769,0992,229,0562,233,8012,046,5931,703,5252,147,4121,538,7602,268,7732,997,5592,094,7191,027,9991,296,677877,114
total assets1,686,8533,216,0352,003,0811,877,4042,307,4612,316,4772,133,5901,792,2182,232,0161,626,8672,365,3673,025,8372,124,3571,063,8401,339,334930,483
Bank overdraft
Bank loan
Trade Creditors 807,6672,314,9351,187,3421,013,2121,374,8111,416,5471,203,563794,7881,289,403741,9561,517,2322,170,2911,348,025355,847700,684390,994
Group/Directors Accounts6,7356,7356,7356,7356,735
other short term finances
hp & lease commitments
other current liabilities203,193220,223200,851185,526233,992219,115243,933281,217240,173218,098221,431240,775226,937212,725160,351116,591
total current liabilities1,010,8602,535,1581,388,1931,198,7381,608,8031,635,6621,447,4961,076,0051,529,576960,0541,738,6632,417,8011,581,697575,307867,770514,320
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,010,8602,535,1581,388,1931,198,7381,608,8031,635,6621,447,4961,076,0051,529,576960,0541,738,6632,417,8011,581,697575,307867,770514,320
net assets675,993680,877614,888678,666698,658680,815686,094716,213702,440666,813626,704608,036542,660488,533471,564416,163
total shareholders funds675,993680,877614,888678,666698,658680,815686,094716,213702,440666,813626,704608,036542,660488,533471,564416,163
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit-23,51867,541-67,807-20,38121,622171,622167,469221,486209,152193,100178,798272,550249,252213,139194,787207,936
Depreciation2,4905,9359,6624,2714,2714,3214,5463,4663,5038,4878,6007,34410,34911,71810,95110,891
Amortisation
Tax-21,996-4,185-5,296-3,064-10,126-2,962-1,510-24,562-18,448-15,422-10,219-13,961
Stock
Debtors-1,136,706963,329244,371-435,3905,528200,902287,890-759,415919,110-61,051-853,809504,343863,816-145,221267,604597,926
Creditors-1,507,2681,127,593174,130-361,599-41,736212,984408,775-494,615547,447-775,276-653,059822,266992,178-344,837309,690390,994
Accruals and Deferred Income-17,03019,37215,325-48,46614,877-24,818-37,28441,04422,075-3,333-19,34413,83814,21252,37443,760116,591
Deferred Taxes & Provisions
Cash flow from operations-408,620235,116-113,0619,215-10,679157,911252,552520,670-139,895-515,971367,294587,093383,72762,193281,365114,525
Investing Activities
capital expenditure26,539-34,171-2,850-7,555-83,651-5,984-4,146-4,902-239-57,525
Change in Investments-6,7356,735
cash flow from investments26,539-34,171-2,850-7,555-76,916-5,984-4,146-4,902-239-64,260
Financing Activities
Bank loans
Group/Directors Accounts-6,7356,735
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-171,605-194,763-198,285-170,978-153,473-159,373-183,199-177,170-181,084-129,332219,029
interest18,63420,4444,0293894072396984154827535874933361653,159
cash flow from financing18,63420,4444,029389407-171,605-194,524-197,587-170,563-152,991-165,355-182,612-176,677-180,748-129,167228,923
cash and cash equivalents
cash-389,986282,099-109,032-24,567-10,273-13,69455,178315,528-310,458-668,962125,023398,497202,904-123,457151,959279,188
overdraft
change in cash-389,986282,099-109,032-24,567-10,273-13,69455,178315,528-310,458-668,962125,023398,497202,904-123,457151,959279,188

nene potatoes 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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Nene Potatoes Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nene potatoes limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in PE11 area or any other competitors across 12 key performance metrics.

nene potatoes limited Ownership

NENE POTATOES LIMITED group structure

Nene Potatoes Limited has no subsidiary companies.

Ultimate parent company

NENE POTATOES LIMITED

04517085

NENE POTATOES LIMITED Shareholders

iris amanda tolliday 13.79%
chris drury 3.45%
catfield spuds limited 3.45%
f dring & sons ltd 3.45%
will edwards 3.45%
r p worth & son limited 3.45%
e f harrold ltd 3.45%
proctor bros (gosberton) ltd 3.45%
loveden estates limited 3.45%
willow tree farms ltd 3.45%

nene potatoes limited directors

Nene Potatoes Limited currently has 8 directors. The longest serving directors include Mr Jamie Symington (Oct 2002) and Mr Julian Perowne (Aug 2005).

officercountryagestartendrole
Mr Jamie Symington62 years Oct 2002- Director
Mr Julian PerowneUnited Kingdom52 years Aug 2005- Director
Mr Simon BrownEngland67 years Apr 2013- Director
Mr Nicholas HarroldEngland39 years Nov 2016- Director
Mr Mark TaylorEngland63 years Apr 2018- Director
Mr Charles KisbyEngland45 years Nov 2021- Director
Mr Charles KisbyEngland45 years Nov 2021- Director
Mr Robert GollandEngland54 years Mar 2024- Director

P&L

July 2024

turnover

10.2m

-47%

operating profit

-23.5k

0%

gross margin

8.1%

-17.86%

turnover

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

Balance Sheet

July 2024

net assets

676k

-0.01%

total assets

1.7m

-0.48%

cash

159.9k

-0.71%

net assets

Total assets minus all liabilities

nene potatoes limited company details

company number

04517085

Type

Private limited with Share Capital

industry

46110 - Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

incorporation date

August 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2024

previous names

nene marketing limited (December 2002)

accountant

DUNCAN & TOPLIS LIMITED

auditor

-

address

c/o duncan & toplis limited, enterprise way, spalding, lincolnshire, PE11 3YR

Bank

-

Legal Advisor

-

nene potatoes 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 nene potatoes limited.

nene potatoes 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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nene potatoes limited Companies House Filings - See Documents

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