langs farmgate eggs limited Company Information
Company Number
04983158
Website
-Registered Address
7-9 station road, hesketh bank, preston, lancashire, PR4 6SN
Industry
Raising of poultry
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Directors
Paul Lang20 Years
Shareholders
pamela lang 50%
paul lang 50%
langs farmgate eggs limited Estimated Valuation
Pomanda estimates the enterprise value of LANGS FARMGATE EGGS LIMITED at £453k based on a Turnover of £1.1m and 0.41x industry multiple (adjusted for size and gross margin).
langs farmgate eggs limited Estimated Valuation
Pomanda estimates the enterprise value of LANGS FARMGATE EGGS LIMITED at £2.1m based on an EBITDA of £431.9k and a 4.92x industry multiple (adjusted for size and gross margin).
langs farmgate eggs limited Estimated Valuation
Pomanda estimates the enterprise value of LANGS FARMGATE EGGS LIMITED at £1.1m based on Net Assets of £605.2k and 1.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Langs Farmgate Eggs Limited Overview
Langs Farmgate Eggs Limited is a live company located in preston, PR4 6SN with a Companies House number of 04983158. It operates in the raising of poultry sector, SIC Code 01470. Founded in December 2003, it's largest shareholder is pamela lang with a 50% stake. Langs Farmgate Eggs Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.
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Langs Farmgate Eggs Limited Health Check
Pomanda's financial health check has awarded Langs Farmgate Eggs Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£18.1m)
- Langs Farmgate Eggs Limited
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.3%)
- Langs Farmgate Eggs Limited
6.3% - Industry AVG
Production
with a gross margin of 15.9%, this company has a comparable cost of product (15.9%)
- Langs Farmgate Eggs Limited
15.9% - Industry AVG
Profitability
an operating margin of 36.1% make it more profitable than the average company (2.5%)
- Langs Farmgate Eggs Limited
2.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (48)
6 - Langs Farmgate Eggs Limited
48 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Langs Farmgate Eggs Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £185.8k, this is less efficient (£335.2k)
- Langs Farmgate Eggs Limited
£335.2k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (27 days)
- Langs Farmgate Eggs Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (26 days)
- Langs Farmgate Eggs Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (30 days)
- Langs Farmgate Eggs Limited
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 98 weeks, this is more cash available to meet short term requirements (10 weeks)
98 weeks - Langs Farmgate Eggs Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.8%, this is a lower level of debt than the average (54.3%)
33.8% - Langs Farmgate Eggs Limited
54.3% - Industry AVG
LANGS FARMGATE EGGS LIMITED financials
Langs Farmgate Eggs Limited's latest turnover from October 2023 is estimated at £1.1 million and the company has net assets of £605.2 thousand. According to their latest financial statements, Langs Farmgate Eggs Limited has 6 employees and maintains cash reserves of £585.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 6 | 6 | 6 | 6 | 8 | 8 | 8 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 118,041 | 84,048 | 100,311 | 119,363 | 141,154 | 169,555 | 175,044 | 204,352 | 243,189 | 289,941 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 87,500 | 105,000 | 113,750 | 122,500 | 131,250 | 140,000 | 148,750 | 157,500 | 166,250 | 175,000 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 205,541 | 189,048 | 214,061 | 241,863 | 272,404 | 309,555 | 323,794 | 361,852 | 409,439 | 464,941 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 7,203 | 9,427 | 59,061 | 37,178 | 26,742 | 29,779 | 36,743 | 50,647 | 71,285 | 52,773 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 104,519 | 84,107 | 74,487 | 38,732 | 58,350 | 66,629 | 49,448 | 76,316 | 79,489 | 30,539 | 43,211 | 43,211 | 43,211 | 43,211 | 43,211 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 10,892 | 3,548 | 6,893 | 5,687 | 4,983 | 9,891 | 4,325 | 5,618 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 585,665 | 367,820 | 280,093 | 215,420 | 184,685 | 196,479 | 195,558 | 137,408 | 87,895 | 80,765 | 538 | 538 | 492 | 522 | 338 |
misc current assets | 0 | 9,455 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 708,279 | 474,357 | 420,534 | 297,017 | 274,760 | 302,778 | 286,074 | 269,989 | 238,669 | 164,077 | 43,749 | 43,749 | 43,703 | 43,733 | 43,549 |
total assets | 913,820 | 663,405 | 634,595 | 538,880 | 547,164 | 612,333 | 609,868 | 631,841 | 648,108 | 629,018 | 43,749 | 43,749 | 43,703 | 43,733 | 43,549 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 80,832 | 71,264 | 75,493 | 54,530 | 53,022 | 60,420 | 56,254 | 47,616 | 138,839 | 166,791 | 7,870 | 7,595 | 7,320 | 6,870 | 6,455 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 2,988 | 2,651 | 2,651 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 227,798 | 107,972 | 112,792 | 87,911 | 92,963 | 116,052 | 75,806 | 79,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 308,630 | 179,236 | 188,285 | 142,441 | 145,985 | 179,460 | 134,711 | 130,266 | 138,839 | 166,791 | 7,870 | 7,595 | 7,320 | 6,870 | 6,455 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 2,988 | 5,639 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 198,630 | 200,000 | 200,000 | 200,000 | 200,000 | 280,000 | 320,000 | 341,906 | 399,557 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,680 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 198,630 | 200,000 | 200,000 | 200,000 | 200,000 | 282,988 | 325,639 | 341,906 | 402,237 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 308,630 | 377,866 | 388,285 | 342,441 | 345,985 | 379,460 | 417,699 | 455,905 | 480,745 | 569,028 | 7,870 | 7,595 | 7,320 | 6,870 | 6,455 |
net assets | 605,190 | 285,539 | 246,310 | 196,439 | 201,179 | 232,873 | 192,169 | 175,936 | 167,363 | 59,990 | 35,879 | 36,154 | 36,383 | 36,863 | 37,094 |
total shareholders funds | 605,190 | 285,539 | 246,310 | 196,439 | 201,179 | 232,873 | 192,169 | 175,936 | 167,363 | 59,990 | 35,879 | 36,154 | 36,383 | 36,863 | 37,094 |
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 29,519 | 16,453 | 19,975 | 23,964 | 28,503 | 27,592 | 33,058 | 38,955 | 46,752 | 16,509 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 8,750 | 8,750 | 8,750 | 8,750 | 8,750 | 8,750 | 8,750 | 8,750 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | -2,224 | -49,634 | 21,883 | 10,436 | -3,037 | -6,964 | -13,904 | -20,638 | 18,512 | 52,773 | 0 | 0 | 0 | 0 | 0 |
Debtors | 27,756 | 6,275 | 36,961 | -18,914 | -13,187 | 22,747 | -28,161 | 2,445 | 48,950 | -12,672 | 0 | 0 | 0 | 0 | 43,211 |
Creditors | 9,568 | -4,229 | 20,963 | 1,508 | -7,398 | 4,166 | 8,638 | -91,223 | -27,952 | 158,921 | 275 | 275 | 450 | 415 | 6,455 |
Accruals and Deferred Income | 119,826 | -4,820 | 24,881 | -5,052 | -23,089 | 40,246 | -4,193 | 79,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,680 | 2,680 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -2,988 | -2,651 | -2,651 | 8,290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -198,630 | -1,370 | 0 | 0 | 0 | -80,000 | -40,000 | -21,906 | -57,651 | 399,557 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 217,845 | 87,727 | 64,673 | 30,735 | -11,794 | 921 | 58,150 | 49,513 | 7,130 | 80,227 | 0 | 46 | -30 | 184 | 338 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 217,845 | 87,727 | 64,673 | 30,735 | -11,794 | 921 | 58,150 | 49,513 | 7,130 | 80,227 | 0 | 46 | -30 | 184 | 338 |
langs farmgate eggs limited Credit Report and Business Information
Langs Farmgate Eggs Limited Competitor Analysis
Perform a competitor analysis for langs farmgate eggs limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in PR4 area or any other competitors across 12 key performance metrics.
langs farmgate eggs limited Ownership
LANGS FARMGATE EGGS LIMITED group structure
Langs Farmgate Eggs Limited has no subsidiary companies.
Ultimate parent company
LANGS FARMGATE EGGS LIMITED
04983158
langs farmgate eggs limited directors
Langs Farmgate Eggs Limited currently has 1 director, Mr Paul Lang serving since Dec 2003.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Lang | 66 years | Dec 2003 | - | Director |
P&L
October 2023turnover
1.1m
+21%
operating profit
402.4k
0%
gross margin
15.9%
-12.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
605.2k
+1.12%
total assets
913.8k
+0.38%
cash
585.7k
+0.59%
net assets
Total assets minus all liabilities
langs farmgate eggs limited company details
company number
04983158
Type
Private limited with Share Capital
industry
01470 - Raising of poultry
incorporation date
December 2003
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
langs poultry rearers ltd (July 2012)
accountant
-
auditor
-
address
7-9 station road, hesketh bank, preston, lancashire, PR4 6SN
Bank
-
Legal Advisor
-
langs farmgate eggs 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 langs farmgate eggs limited.
langs farmgate eggs limited Companies House Filings - See Documents
date | description | view/download |
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