middle caves ltd
middle caves ltd Company Information
Company Number
04974633
Next Accounts
Dec 2025
Shareholders
holmedale valley limited
Group Structure
View All
Industry
Raising of swine/pigs
Registered Address
pond dale gilling west, richmond, DL10 5LB
Website
-middle caves ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDDLE CAVES LTD at £35.9m based on a Turnover of £34.9m and 1.03x industry multiple (adjusted for size and gross margin).
middle caves ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDDLE CAVES LTD at £57.3m based on an EBITDA of £6.1m and a 9.34x industry multiple (adjusted for size and gross margin).
middle caves ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDDLE CAVES LTD at £27.6m based on Net Assets of £17.2m and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Middle Caves Ltd Overview
Middle Caves Ltd is a live company located in richmond, DL10 5LB with a Companies House number of 04974633. It operates in the raising of swine/pigs sector, SIC Code 01460. Founded in November 2003, it's largest shareholder is holmedale valley limited with a 100% stake. Middle Caves Ltd is a mature, large sized company, Pomanda has estimated its turnover at £34.9m with high growth in recent years.
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Middle Caves Ltd Health Check
Pomanda's financial health check has awarded Middle Caves Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £34.9m, make it larger than the average company (£24.2m)
£34.9m - Middle Caves Ltd
£24.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (12.2%)
24% - Middle Caves Ltd
12.2% - Industry AVG
Production
with a gross margin of 23.9%, this company has a comparable cost of product (20.9%)
23.9% - Middle Caves Ltd
20.9% - Industry AVG
Profitability
an operating margin of 16.3% make it more profitable than the average company (7.2%)
16.3% - Middle Caves Ltd
7.2% - Industry AVG
Employees
with 28 employees, this is below the industry average (42)
28 - Middle Caves Ltd
42 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has a higher pay structure (£36.3k)
£47.3k - Middle Caves Ltd
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£594k)
£1.2m - Middle Caves Ltd
£594k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is near the average (15 days)
15 days - Middle Caves Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (37 days)
31 days - Middle Caves Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is less than average (101 days)
54 days - Middle Caves Ltd
101 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (8 weeks)
61 weeks - Middle Caves Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.2%, this is a lower level of debt than the average (50.8%)
26.2% - Middle Caves Ltd
50.8% - Industry AVG
MIDDLE CAVES LTD financials
Middle Caves Ltd's latest turnover from March 2024 is £34.9 million and the company has net assets of £17.2 million. According to their latest financial statements, Middle Caves Ltd has 28 employees and maintains cash reserves of £5.5 million 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 | 34,886,214 | 29,004,142 | 20,197,755 | 18,509,271 | 17,841,077 | 16,303,996 | 16,929,773 | 16,201,475 | 14,429,942 | 14,751,985 | 13,742,368 | 13,141,183 | 10,897,456 | 10,150,525 | 9,431,183 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 26,541,951 | 24,745,628 | 17,988,148 | 15,417,933 | 15,231,669 | 13,584,310 | 13,054,103 | 10,430,983 | 10,718,310 | 10,820,103 | 10,883,484 | 10,585,464 | |||
| Gross Profit | 8,344,263 | 4,258,514 | 2,209,607 | 3,091,338 | 2,609,408 | 2,719,686 | 3,875,670 | 5,770,492 | 3,711,632 | 3,931,882 | 2,858,884 | 2,555,719 | |||
| Admin Expenses | 2,660,745 | 2,387,325 | 1,877,257 | 1,671,702 | 1,343,184 | 1,704,244 | 1,473,586 | 2,762,142 | 2,162,208 | 2,550,050 | 1,082,327 | 1,063,792 | |||
| Operating Profit | 5,683,518 | 1,871,189 | 332,350 | 1,419,636 | 1,266,224 | 1,015,442 | 2,402,084 | 3,008,350 | 1,549,424 | 1,381,832 | 1,776,557 | 1,491,927 | 817,097 | 1,164,585 | 1,222,718 |
| Interest Payable | 69,300 | 48,248 | 25,849 | 34,860 | 52,548 | 5,002 | 634 | 179 | 3,956 | ||||||
| Interest Receivable | 57,657 | 32,902 | 35,294 | 33,627 | 56,561 | 65,864 | 27,311 | 68,935 | 8,222 | 19,509 | 19,879 | 49,766 | 201,688 | 138,330 | 7 |
| Pre-Tax Profit | 5,671,875 | 1,855,843 | 341,795 | 1,418,403 | 1,270,237 | 1,130,817 | 2,474,421 | 3,082,287 | 1,557,797 | 1,401,722 | 797,129 | 541,993 | 1,018,785 | 1,302,915 | 1,218,769 |
| Tax | -279,849 | -2,480 | -3,340 | 98,673 | -303,944 | 391,460 | -494,005 | -573,783 | 141,784 | -293,474 | -214,208 | -161,495 | -260,925 | -402,771 | -307,854 |
| Profit After Tax | 5,392,026 | 1,853,363 | 338,455 | 1,517,076 | 966,293 | 1,522,277 | 1,980,416 | 2,508,504 | 1,699,581 | 1,108,248 | 582,921 | 380,498 | 757,860 | 900,144 | 910,915 |
| Dividends Paid | 411,500 | 6,058,000 | 200,000 | 100,000 | 100,000 | 150,000 | 150,000 | 166,000 | |||||||
| Retained Profit | 4,980,526 | -4,204,637 | 138,455 | 1,417,076 | 866,293 | 1,372,277 | 1,830,416 | 2,342,504 | 1,699,581 | 1,108,248 | 582,921 | 380,498 | 757,860 | 900,144 | 910,915 |
| Employee Costs | 1,324,455 | 895,334 | 754,767 | 830,401 | 698,666 | 701,362 | 632,349 | 581,727 | 532,564 | 510,024 | 381,599 | 374,217 | 336,583 | 327,500 | 330,064 |
| Number Of Employees | 28 | 22 | 20 | 19 | 20 | 19 | 19 | 17 | 17 | 19 | 12 | 14 | 13 | 12 | 12 |
| EBITDA* | 6,132,666 | 2,255,971 | 741,986 | 1,806,017 | 1,658,865 | 1,440,201 | 2,832,861 | 3,429,669 | 1,974,467 | 1,893,556 | 2,059,639 | 1,749,797 | 1,042,046 | 1,265,281 | 1,292,173 |
* 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 | 6,755,671 | 5,825,297 | 9,719,406 | 9,389,682 | 9,909,977 | 9,833,380 | 8,190,102 | 8,105,478 | 4,962,737 | 3,795,700 | 2,181,999 | 1,938,392 | 1,744,046 | 1,347,886 | 558,554 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 4,763,659 | 3,503,257 | 3,210,697 | 3,061,196 | 1,499,911 | 1,692,232 | 1,097,361 | 1,052,335 | 1 | 1 | 1 | 1 | |||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 11,519,330 | 9,328,554 | 12,930,103 | 12,450,878 | 11,409,888 | 11,525,612 | 9,287,463 | 9,157,813 | 4,962,738 | 3,795,701 | 2,182,000 | 1,938,393 | 1,744,046 | 1,347,886 | 558,554 |
| Stock & work in progress | 3,988,971 | 4,648,989 | 3,799,987 | 2,962,473 | 2,826,983 | 1,920,180 | 1,341,290 | 1,276,258 | 1,658,913 | 1,815,573 | 1,444,239 | 1,126,938 | 1,172,606 | 706,955 | 693,161 |
| Trade Debtors | 1,499,307 | 1,439,834 | 1,966,819 | 1,317,326 | 945,192 | 1,011,384 | 946,768 | 583,377 | 633,520 | 609,992 | 776,756 | 724,562 | 607,800 | 595,741 | 338,324 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 833,990 | 512,289 | 1,847,794 | 1,993,224 | 1,888,807 | 2,848,941 | 2,753,632 | 986,329 | 1,263,911 | 1,453,968 | 1,621,264 | 1,709,974 | 2,640,925 | 1,951,205 | 91,171 |
| Cash | 5,486,079 | 2,232,379 | 969 | 1,200,313 | 1,835,134 | 122,513 | 420,897 | 1,395,905 | 5,490,851 | 648,577 | 974,934 | 1,039,477 | 23,761 | 882,566 | 4,566,399 |
| misc current assets | |||||||||||||||
| total current assets | 11,808,347 | 8,833,491 | 7,615,569 | 7,473,336 | 7,496,116 | 5,903,018 | 5,462,587 | 4,241,869 | 9,047,195 | 4,528,110 | 4,817,193 | 4,600,951 | 4,445,092 | 4,136,467 | 5,689,055 |
| total assets | 23,327,677 | 18,162,045 | 20,545,672 | 19,924,214 | 18,906,004 | 17,428,630 | 14,750,050 | 13,399,682 | 14,009,933 | 8,323,811 | 6,999,193 | 6,539,344 | 6,189,138 | 5,484,353 | 6,247,609 |
| Bank overdraft | 126,368 | ||||||||||||||
| Bank loan | 58,452 | 56,751 | |||||||||||||
| Trade Creditors | 2,301,933 | 2,392,965 | 1,814,451 | 1,291,099 | 992,410 | 1,020,431 | 1,334,413 | 937,985 | 1,226,917 | 1,155,198 | 1,070,185 | 1,314,275 | 1,114,682 | 1,089,370 | 2,805,746 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 15,000 | 37,050 | |||||||||||||
| other current liabilities | 2,271,890 | 2,218,724 | 890,081 | 929,869 | 625,876 | 89,365 | 573,297 | 1,460,828 | 4,121,768 | 249,736 | 156,154 | 77,968 | 322,093 | 384,431 | 385,371 |
| total current liabilities | 4,632,275 | 4,668,440 | 2,830,900 | 2,235,968 | 1,655,336 | 1,109,796 | 1,907,710 | 2,398,813 | 5,348,685 | 1,404,934 | 1,226,339 | 1,392,243 | 1,436,775 | 1,473,801 | 3,191,117 |
| loans | 833,416 | 891,803 | 948,547 | 1,010,500 | 2,110,500 | 2,110,500 | |||||||||
| hp & lease commitments | 15,000 | ||||||||||||||
| Accruals and Deferred Income | 5,504 | 6,475 | |||||||||||||
| other liabilities | 1,084 | 1,275 | 1,500 | 1,764 | 2,076 | ||||||||||
| provisions | 632,247 | 352,398 | 311,959 | 361,671 | 225,857 | 174,950 | 180,802 | 169,240 | 171,527 | 128,035 | 89,434 | 45,631 | 37,867 | 53,916 | |
| total long term liabilities | 1,466,747 | 1,245,476 | 1,262,006 | 1,373,935 | 2,353,433 | 2,285,450 | 180,802 | 169,240 | 171,527 | 128,035 | 94,938 | 52,106 | 37,867 | 53,916 | |
| total liabilities | 6,099,022 | 5,913,916 | 4,092,906 | 3,609,903 | 4,008,769 | 3,395,246 | 2,088,512 | 2,568,053 | 5,520,212 | 1,532,969 | 1,321,277 | 1,444,349 | 1,474,642 | 1,527,717 | 3,191,117 |
| net assets | 17,228,655 | 12,248,129 | 16,452,766 | 16,314,311 | 14,897,235 | 14,033,384 | 12,661,538 | 10,831,629 | 8,489,721 | 6,790,842 | 5,677,916 | 5,094,995 | 4,714,496 | 3,956,636 | 3,056,492 |
| total shareholders funds | 17,228,655 | 12,248,129 | 16,452,766 | 16,314,311 | 14,897,235 | 14,033,384 | 12,661,538 | 10,831,629 | 8,489,721 | 6,790,842 | 5,677,916 | 5,094,995 | 4,714,496 | 3,956,636 | 3,056,492 |
| 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 | 5,683,518 | 1,871,189 | 332,350 | 1,419,636 | 1,266,224 | 1,015,442 | 2,402,084 | 3,008,350 | 1,549,424 | 1,381,832 | 1,776,557 | 1,491,927 | 817,097 | 1,164,585 | 1,222,718 |
| Depreciation | 449,148 | 384,782 | 409,636 | 386,381 | 392,641 | 424,759 | 430,777 | 421,319 | 425,043 | 511,724 | 283,082 | 257,870 | 224,949 | 100,696 | 69,455 |
| Amortisation | |||||||||||||||
| Tax | -279,849 | -2,480 | -3,340 | 98,673 | -303,944 | 391,460 | -494,005 | -573,783 | 141,784 | -293,474 | -214,208 | -161,495 | -260,925 | -402,771 | -307,854 |
| Stock | -660,018 | 849,002 | 837,514 | 135,490 | 906,803 | 578,890 | 65,032 | -382,655 | -156,660 | 371,334 | 317,301 | -45,668 | 465,651 | 13,794 | 693,161 |
| Debtors | 381,174 | -1,862,490 | 504,063 | 476,551 | -1,026,326 | 159,925 | 2,130,694 | -327,725 | -166,529 | -334,060 | -36,516 | -814,189 | 701,779 | 2,117,451 | 429,495 |
| Creditors | -91,032 | 578,514 | 523,352 | 298,689 | -28,021 | -313,982 | 396,428 | -288,932 | 71,719 | 85,013 | -244,090 | 199,593 | 25,312 | -1,716,376 | 2,805,746 |
| Accruals and Deferred Income | 53,166 | 1,328,643 | -39,788 | 303,993 | 536,511 | -483,932 | -887,531 | -2,660,940 | 3,872,032 | 88,078 | 77,215 | -237,650 | -62,338 | -940 | 385,371 |
| Deferred Taxes & Provisions | 279,849 | 40,439 | -49,712 | 135,814 | 50,907 | -5,852 | 11,562 | -2,287 | 43,492 | 38,601 | 43,803 | 7,764 | -16,049 | 53,916 | |
| Cash flow from operations | 6,373,644 | 5,214,575 | -169,079 | 2,031,145 | 2,033,841 | 289,080 | -336,411 | 614,107 | 6,426,683 | 1,774,500 | 1,441,574 | 2,417,866 | -439,384 | -2,932,135 | 3,052,780 |
| Investing Activities | |||||||||||||||
| capital expenditure | -2,675,074 | -653,139 | -4,954,374 | -1,610,609 | -2,125,316 | -478,010 | -452,216 | -616,759 | -892,319 | -317,911 | |||||
| Change in Investments | 1,260,402 | 292,560 | 149,501 | 1,561,285 | -192,321 | 594,871 | 45,026 | 1,052,334 | 1 | ||||||
| cash flow from investments | -1,260,402 | -292,560 | -149,501 | -1,561,285 | 192,321 | -3,269,945 | -698,165 | -6,006,708 | -1,610,609 | -2,125,316 | -478,010 | -452,217 | -616,759 | -892,319 | -317,911 |
| Financing Activities | |||||||||||||||
| Bank loans | 1,701 | 56,751 | |||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -58,387 | -56,744 | -61,953 | -1,100,000 | 2,110,500 | ||||||||||
| Hire Purchase and Lease Commitments | -15,000 | -37,050 | 52,050 | ||||||||||||
| other long term liabilities | -191 | -225 | -264 | -312 | 2,076 | ||||||||||
| share issue | |||||||||||||||
| interest | -11,643 | -15,346 | 9,445 | -1,233 | 4,013 | 65,864 | 27,311 | 63,933 | 7,588 | 19,330 | 19,879 | 49,766 | 201,688 | 138,330 | -3,949 |
| cash flow from financing | -68,520 | -15,564 | -67,772 | -1,138,595 | 55,697 | 2,175,933 | 26,804 | 63,337 | 6,886 | 24,008 | 19,879 | 49,767 | 201,688 | 138,330 | 2,141,628 |
| cash and cash equivalents | |||||||||||||||
| cash | 3,253,700 | 2,231,410 | -1,199,344 | -634,821 | 1,712,621 | -298,384 | -975,008 | -4,094,946 | 4,842,274 | -326,357 | -64,543 | 1,015,716 | -858,805 | -3,683,833 | 4,566,399 |
| overdraft | -126,368 | 126,368 | |||||||||||||
| change in cash | 3,253,700 | 2,357,778 | -1,325,712 | -634,821 | 1,712,621 | -298,384 | -975,008 | -4,094,946 | 4,842,274 | -326,357 | -64,543 | 1,015,716 | -858,805 | -3,683,833 | 4,566,399 |
middle caves ltd Credit Report and Business Information
Middle Caves Ltd Competitor Analysis
Perform a competitor analysis for middle caves ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other large companies, companies in DL10 area or any other competitors across 12 key performance metrics.
middle caves ltd Ownership
MIDDLE CAVES LTD group structure
Middle Caves Ltd has no subsidiary companies.
Ultimate parent company
MIDDLE CAVES LTD
04974633
middle caves ltd directors
Middle Caves Ltd currently has 2 directors. The longest serving directors include Mr Timothy Westgarth (Dec 2003) and Mr Paul Westgarth (Dec 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Westgarth | England | 51 years | Dec 2003 | - | Director |
| Mr Paul Westgarth | England | 57 years | Dec 2003 | - | Director |
P&L
March 2024turnover
34.9m
+20%
operating profit
5.7m
+204%
gross margin
24%
+62.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
17.2m
+0.41%
total assets
23.3m
+0.28%
cash
5.5m
+1.46%
net assets
Total assets minus all liabilities
middle caves ltd company details
company number
04974633
Type
Private limited with Share Capital
industry
01460 - Raising of swine/pigs
incorporation date
November 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
pond dale gilling west, richmond, DL10 5LB
Bank
-
Legal Advisor
-
middle caves 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 found 8 charges/mortgages relating to middle caves ltd. Currently there are 2 open charges and 6 have been satisfied in the past.
middle caves 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.
Click to start generating capital raising & share issue transactions for MIDDLE CAVES LTD. This can take several minutes, an email will notify you when this has completed.
middle caves ltd Companies House Filings - See Documents
| date | description | view/download |
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