Pomanda estimates the enterprise value of CORNISH ORCHARDS LTD at £416.5k based on a Turnover of £1.2m and 0.34x industry multiple (adjusted for size and gross margin).
cornish orchards ltdEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of CORNISH ORCHARDS LTD at £1.1m based on an EBITDA of £483.6k and a 2.21x industry multiple (adjusted for size and gross margin).
cornish orchards ltdEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of CORNISH ORCHARDS LTD at £1.5m based on Net Assets of £652.6k and 2.26x industry multiple (adjusted for liquidity).
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Cornish Orchards LtdOverview
Cornish Orchards Ltd is a dissolved company that was located in london, W4 2QB with a Companies House number of 04871687. It operated in the manufacture of cider and other fruit wines sector, SIC Code 11030. Founded in August 2003, it's largest shareholder was
asahi europe & international ltd
with a 100% stake. The last turnover for Cornish Orchards Ltd was estimated at £1.2m.
Pomanda's financial health check has awarded Cornish Orchards Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
1 Strong
0 Regular
8 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£31m)
£1.2m - Cornish Orchards Ltd
£31m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.5%)
2% - Cornish Orchards Ltd
5.5% - Industry AVG
Production
with a gross margin of 3%, this company has a higher cost of product (17%)
3% - Cornish Orchards Ltd
17% - Industry AVG
Profitability
an operating margin of 5% make it less profitable than the average company (7%)
5% - Cornish Orchards Ltd
7% - Industry AVG
Employees
with 31 employees, this is below the industry average (56)
31 - Cornish Orchards Ltd
56 - Industry AVG
Pay Structure
on an average salary of £24.9k, the company has a lower pay structure (£44.4k)
£24.9k - Cornish Orchards Ltd
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £39.7k, this is less efficient (£452k)
£39.7k - Cornish Orchards Ltd
£452k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Cornish Orchards Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Cornish Orchards Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cornish Orchards Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (3 weeks)
0 weeks - Cornish Orchards Ltd
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.9%, this is a higher level of debt than the average (47.4%)
88.9% - Cornish Orchards Ltd
47.4% - Industry AVG
CORNISH ORCHARDS LTD financials
EXPORT
Cornish Orchards Ltd's latest turnover from December 2020 is £1.2 million and the company has net assets of £652.6 thousand. According to their latest financial statements, Cornish Orchards Ltd has 31 employees and maintains cash reserves of £3.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Apr 2017
Mar 2016
Mar 2015
Mar 2014
May 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
1,232,229
911,100
1,307,702
1,274,146
1,147,296
966,968
831,707
1,008,863
1,138,254
1,447,079
2,741,086
1,648,229
Other Income Or Grants
Cost Of Sales
1,195,483
951,271
1,268,613
1,232,245
1,091,412
938,803
807,483
268,623
829,677
843,106
2,189,270
1,332,943
Gross Profit
36,746
-40,171
39,089
41,901
55,884
28,165
24,224
740,240
308,577
603,973
551,817
315,286
Admin Expenses
-24,425
-35,067
-50,749
-66,448
-66,984
-68,733
-78,246
527,804
410,702
438,899
504,419
206,181
-326,603
Operating Profit
61,171
-5,104
89,838
108,349
122,868
96,898
102,470
212,436
-102,125
165,074
47,398
109,105
326,603
Interest Payable
103,855
89,888
13,482
7,852
13,759
32,136
25,620
39,186
Interest Receivable
22
593
310
563
255
Pre-Tax Profit
-42,684
-94,992
76,356
100,497
109,109
96,898
102,470
180,300
-127,723
125,888
47,708
109,668
326,858
Tax
-22,660
-75,655
-55,512
-19,290
-42,814
-19,380
-27,137
-36,321
105,791
-27,138
-12,404
-30,707
-91,520
Profit After Tax
-65,344
-170,647
20,844
81,207
66,295
77,518
75,333
143,979
-21,932
98,750
35,304
78,961
235,338
Dividends Paid
30,000
30,000
Retained Profit
-65,344
-170,647
20,844
81,207
66,295
77,518
75,333
143,979
-51,932
68,750
35,304
78,961
235,338
Employee Costs
772,587
672,924
858,198
906,191
831,437
1,309,174
1,160,927
1,171,466
1,063,910
133,535
286,847
172,650
Number Of Employees
31
35
35
36
35
31
30
29
27
4
8
6
EBITDA*
483,560
272,190
413,489
407,946
391,502
335,950
312,461
356,911
109,933
350,453
172,286
157,599
378,718
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Apr 2017
Mar 2016
Mar 2015
Mar 2014
May 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
4,216,715
3,654,567
2,870,777
2,607,343
2,468,893
1,991,826
2,029,410
1,522,411
1,266,780
966,242
854,532
148,257
150,910
Intangible Assets
Investments & Other
23,693
21,170
35,452
33,739
41,951
73,403
Debtors (Due After 1 year)
Total Fixed Assets
4,216,715
3,654,567
2,870,777
2,631,036
2,490,063
2,027,278
2,063,149
1,564,362
1,340,183
966,242
854,532
148,257
150,910
Stock & work in progress
404,962
351,250
205,608
177,530
148,519
Trade Debtors
2,317
284,773
303,323
415,802
249,714
144,797
Group Debtors
1,636,447
1,235,137
966,968
831,706
Misc Debtors
371
66,330
577
Cash
3,230
96,135
102,968
90,561
82,044
51,590
60,345
23,600
216,096
801
123,161
102,162
misc current assets
total current assets
1,640,048
1,399,919
102,968
90,561
82,044
1,018,558
892,051
23,600
689,735
871,246
622,211
550,405
395,478
total assets
5,856,763
5,054,486
2,973,745
2,721,597
2,572,107
3,045,836
2,955,200
1,587,962
2,029,918
1,837,488
1,476,743
698,662
546,388
Bank overdraft
119,258
65,066
Bank loan
Trade Creditors
1,868,077
159,412
74,435
395,239
191,445
137,058
Group/Directors Accounts
4,508,115
1,732,597
1,778,879
1,705,216
362,417
218,708
197,288
176,489
159,389
other short term finances
150,000
5,381
1,110
1,036
154,808
hp & lease commitments
37,575
36,648
other current liabilities
27,957
36,430
56,995
69,350
93,554
88,077
85,909
69,895
306,913
237,905
total current liabilities
4,573,647
3,673,752
56,995
219,350
93,554
1,872,337
1,792,235
433,348
959,099
574,694
395,239
367,934
296,447
loans
1,868,078
1,448,443
1,455,029
150,000
150,000
150,000
216,660
379,034
hp & lease commitments
426,196
463,121
Accruals and Deferred Income
97,647
114,963
151,030
186,098
237,025
303,295
370,279
437,261
430,785
371,066
other liabilities
691,180
provisions
106,714
84,747
9,092
32,388
40,719
16,427
14,601
total long term liabilities
630,557
662,831
2,028,200
1,634,541
1,692,054
453,295
520,279
587,261
647,445
782,488
731,899
16,427
14,601
total liabilities
5,204,204
4,336,583
2,085,195
1,853,891
1,785,608
2,325,632
2,312,514
1,020,609
1,606,544
1,357,182
1,127,138
384,361
311,048
net assets
652,559
717,903
888,550
867,706
786,499
720,204
642,686
567,353
423,374
480,306
349,605
314,301
235,340
total shareholders funds
652,559
717,903
888,550
867,706
786,499
720,204
642,686
567,353
423,374
480,306
349,605
314,301
235,340
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Apr 2017
Mar 2016
Mar 2015
Mar 2014
May 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
61,171
-5,104
89,838
108,349
122,868
96,898
102,470
212,436
-102,125
165,074
47,398
109,105
326,603
Depreciation
422,389
277,294
323,651
299,597
268,634
239,052
209,991
144,475
212,058
185,379
124,888
48,494
52,115
Amortisation
Tax
-22,660
-75,655
-55,512
-19,290
-42,814
-19,380
-27,137
-36,321
105,791
-27,138
-12,404
-30,707
-91,520
Stock
-404,962
53,712
145,642
28,078
29,011
148,519
Debtors
333,034
1,303,784
-966,968
135,262
831,706
-284,773
-19,127
-111,902
166,088
104,917
144,797
Creditors
-1,868,077
1,868,077
-159,412
84,977
-320,804
203,794
54,387
137,058
Accruals and Deferred Income
-25,789
-104,055
-47,423
-75,131
-60,793
-64,816
-50,968
-230,542
128,727
608,971
Deferred Taxes & Provisions
21,967
84,747
9,092
-32,388
-8,331
24,292
1,826
14,601
Cash flow from operations
-1,744,033
741,520
319,646
313,525
1,254,863
116,492
-597,350
620,371
362,455
569,411
193,802
49,177
145,541
Investing Activities
capital expenditure
-984,537
-1,324,518
-587,085
-438,047
-745,701
-201,468
-716,990
-400,106
-512,596
-297,089
-831,163
-45,841
-203,025
Change in Investments
-23,693
-23,693
2,523
-14,282
1,713
-8,212
-31,452
73,403
cash flow from investments
-984,537
-1,300,825
-563,392
-440,570
-731,419
-203,181
-708,778
-368,654
-585,999
-297,089
-831,163
-45,841
-203,025
Financing Activities
Bank loans
Group/Directors Accounts
2,775,518
1,732,597
-1,778,879
73,663
1,342,799
143,709
21,420
197,288
-176,489
17,100
159,389
Other Short Term Loans
-150,000
-150,000
150,000
-5,381
4,271
74
-153,772
154,808
Long term loans
-1,448,443
419,635
-6,586
1,305,029
-66,660
-162,374
379,034
Hire Purchase and Lease Commitments
-35,998
499,769
other long term liabilities
-691,180
691,180
share issue
20,844
-5,000
61,951
2
interest
-103,855
-89,888
-13,482
-7,852
-13,759
-32,136
-25,598
-38,593
310
563
255
cash flow from financing
2,635,665
564,879
256,153
135,562
-492,990
77,934
1,342,873
-108,859
-16,744
-91,500
515,001
17,663
159,646
cash and cash equivalents
cash
-92,905
5,574
12,407
8,517
30,454
-8,755
36,745
23,600
-216,096
215,295
-122,360
20,999
102,162
overdraft
-119,258
54,192
65,066
change in cash
-92,905
5,574
12,407
8,517
30,454
-8,755
36,745
142,858
-270,288
150,229
-122,360
20,999
102,162
cornish orchards ltd 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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11030 - Manufacture of cider and other fruit wines
incorporation date
August 2003
age
22
incorporated
UK
ultimate parent company
ASAHI GROUP HOLDINGS LTD
accounts
Full Accounts
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
griffin brewery, chiswick lane south, london, W4 2QB
Bank
-
Legal Advisor
-
cornish orchards ltd 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 cornish orchards ltd.
cornish orchards ltd 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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cornish orchards ltdCompanies House Filings - See Documents
