soanes poultry ltd Company Information
Company Number
05217234
Next Accounts
Dec 2025
Industry
Production of meat and poultry meat products
Shareholders
andrew mark soanes
Group Structure
View All
Contact
Registered Address
church hill farm, middleton-on-the-wolds, driffield, east yorkshire, YO25 9UG
Website
www.soanespoultry.co.uksoanes poultry ltd Estimated Valuation
Pomanda estimates the enterprise value of SOANES POULTRY LTD at £24.1m based on a Turnover of £35.7m and 0.67x industry multiple (adjusted for size and gross margin).
soanes poultry ltd Estimated Valuation
Pomanda estimates the enterprise value of SOANES POULTRY LTD at £7.5m based on an EBITDA of £1.1m and a 6.66x industry multiple (adjusted for size and gross margin).
soanes poultry ltd Estimated Valuation
Pomanda estimates the enterprise value of SOANES POULTRY LTD at £9.7m based on Net Assets of £4.9m and 2x industry multiple (adjusted for liquidity).
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Soanes Poultry Ltd Overview
Soanes Poultry Ltd is a live company located in driffield, YO25 9UG with a Companies House number of 05217234. It operates in the production of meat and poultry meat products sector, SIC Code 10130. Founded in August 2004, it's largest shareholder is andrew mark soanes with a 100% stake. Soanes Poultry Ltd is a mature, large sized company, Pomanda has estimated its turnover at £35.7m with healthy growth in recent years.
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Soanes Poultry Ltd Health Check
Pomanda's financial health check has awarded Soanes Poultry Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £35.7m, make it larger than the average company (£28.9m)
£35.7m - Soanes Poultry Ltd
£28.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (10.3%)
14% - Soanes Poultry Ltd
10.3% - Industry AVG
Production
with a gross margin of 14.3%, this company has a higher cost of product (18.7%)
14.3% - Soanes Poultry Ltd
18.7% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (3.7%)
1.6% - Soanes Poultry Ltd
3.7% - Industry AVG
Employees
with 139 employees, this is above the industry average (114)
139 - Soanes Poultry Ltd
114 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£33.7k)
£31k - Soanes Poultry Ltd
£33.7k - Industry AVG
Efficiency
resulting in sales per employee of £256.7k, this is equally as efficient (£254.4k)
£256.7k - Soanes Poultry Ltd
£254.4k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (37 days)
23 days - Soanes Poultry Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is close to average (34 days)
32 days - Soanes Poultry Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (22 days)
2 days - Soanes Poultry Ltd
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (13 weeks)
29 weeks - Soanes Poultry Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.6%, this is a similar level of debt than the average (50%)
51.6% - Soanes Poultry Ltd
50% - Industry AVG
SOANES POULTRY LTD financials
Soanes Poultry Ltd's latest turnover from March 2024 is £35.7 million and the company has net assets of £4.9 million. According to their latest financial statements, Soanes Poultry Ltd has 139 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 35,677,847 | 35,143,741 | 28,001,815 | 23,942,715 | 22,365,030 | 22,180,000 | 21,584,590 | 20,052,434 | 17,291,236 | 16,832,971 | 15,473,974 | ||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Cost Of Sales | 30,562,506 | 30,687,580 | 24,420,273 | 20,645,537 | 18,896,044 | 19,545,720 | 18,761,758 | 17,055,440 | 15,582,118 | 15,390,514 | 13,997,848 | ||||
Gross Profit | 5,115,341 | 4,456,161 | 3,581,542 | 3,297,178 | 3,468,986 | 2,634,280 | 2,822,832 | 2,996,994 | 1,709,118 | 1,442,457 | 1,476,126 | ||||
Admin Expenses | 4,545,069 | 4,041,334 | 3,284,665 | 2,931,342 | 2,796,704 | 2,467,958 | 2,281,499 | 2,383,219 | 1,463,617 | 1,274,038 | 1,310,234 | ||||
Operating Profit | 570,272 | 414,827 | 296,877 | 365,836 | 672,282 | 166,322 | 541,333 | 613,775 | 245,501 | 168,419 | 165,892 | ||||
Interest Payable | 2,108 | 6,288 | 9,604 | 13,387 | 16,924 | 7,850 | 0 | 0 | 3,332 | 6,702 | 6,242 | ||||
Interest Receivable | 58,887 | 21,289 | 10,449 | 8,971 | 11,806 | 15,000 | 15,803 | 12,288 | 0 | 0 | 0 | ||||
Pre-Tax Profit | 627,051 | 429,828 | 297,722 | 361,420 | 667,164 | 173,472 | 557,136 | 626,063 | 242,169 | 161,717 | 159,650 | ||||
Tax | -142,564 | -106,729 | -117,603 | -85,928 | -143,467 | -48,702 | -96,988 | -133,348 | -52,181 | -35,989 | -47,429 | ||||
Profit After Tax | 484,487 | 323,099 | 180,119 | 275,492 | 523,697 | 124,770 | 460,148 | 492,715 | 189,988 | 125,728 | 112,221 | ||||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Retained Profit | 484,487 | 323,099 | 180,119 | 275,492 | 523,697 | 124,770 | 460,148 | 492,715 | 189,988 | 125,728 | 112,221 | ||||
Employee Costs | 4,304,132 | 3,565,757 | 2,857,125 | 2,316,736 | 2,184,525 | 1,745,431 | 1,490,747 | 1,704,251 | 960,723 | 1,118,344 | 1,242,162 | ||||
Number Of Employees | 139 | 124 | 115 | 105 | 80 | 89 | 85 | 83 | 50 | 61 | 71 | ||||
EBITDA* | 1,132,681 | 991,964 | 858,823 | 757,764 | 1,076,743 | 566,956 | 890,507 | 922,387 | 413,227 | 341,792 | 365,374 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Apr 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 | 4,024,422 | 4,076,335 | 4,292,288 | 4,204,443 | 3,384,576 | 3,127,331 | 2,115,498 | 1,447,151 | 1,287,067 | 1,174,428 | 1,060,456 | 999,489 | 833,583 | 432,739 | 454,709 |
Intangible Assets | 5,850 | 8,550 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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) | 500,000 | 500,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,530,272 | 4,584,885 | 4,892,288 | 4,804,443 | 3,984,576 | 3,727,331 | 2,715,498 | 2,047,151 | 1,287,067 | 1,174,428 | 1,060,456 | 999,489 | 833,583 | 432,739 | 454,709 |
Stock & work in progress | 245,065 | 196,932 | 198,167 | 154,651 | 160,868 | 232,788 | 84,522 | 119,955 | 125,174 | 125,750 | 115,444 | 190,753 | 161,439 | 249,650 | 106,307 |
Trade Debtors | 2,313,787 | 2,549,198 | 2,163,846 | 1,738,808 | 1,835,372 | 1,293,681 | 1,585,744 | 1,402,647 | 1,424,964 | 1,332,314 | 1,336,703 | 1,633,195 | 1,420,803 | 1,375,848 | 1,480,708 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 477,194 | 291,899 | 288,936 | 465,376 | 305,725 | 182,468 | 252,209 | 117,393 | 74,641 | 0 | 0 | 0 | 287,777 | 51,469 | 56,208 |
Cash | 2,484,947 | 1,179,446 | 203,807 | 699,982 | 1,064,960 | 336,427 | 1,021,055 | 1,046,950 | 1,541,648 | 1,037,446 | 702,033 | 405,055 | 359,040 | 551,958 | 584,969 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,520,993 | 4,217,475 | 2,854,756 | 3,058,817 | 3,366,925 | 2,045,364 | 2,943,530 | 2,686,945 | 3,166,427 | 2,495,510 | 2,154,180 | 2,229,003 | 2,229,059 | 2,228,925 | 2,228,192 |
total assets | 10,051,265 | 8,802,360 | 7,747,044 | 7,863,260 | 7,351,501 | 5,772,695 | 5,659,028 | 4,734,096 | 4,453,494 | 3,669,938 | 3,214,636 | 3,228,492 | 3,062,642 | 2,661,664 | 2,682,901 |
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 | 2,725,600 | 2,193,214 | 2,003,439 | 2,242,032 | 2,251,020 | 1,678,199 | 1,844,806 | 1,344,977 | 1,319,840 | 2,070,061 | 2,066,126 | 2,334,403 | 1,513,847 | 1,411,862 | 1,651,159 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 560,388 | 560,388 | 517,571 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 29,543 | 57,547 | 67,631 | 64,109 | 47,966 | 0 | 0 | 0 | 0 | 0 | 0 | 20,696 | 32,406 | 15,308 |
other current liabilities | 1,639,477 | 1,350,829 | 633,562 | 806,109 | 701,940 | 462,465 | 613,058 | 619,655 | 883,115 | 0 | 0 | 0 | 154,655 | 144,892 | 142,672 |
total current liabilities | 4,365,077 | 3,573,586 | 2,694,548 | 3,115,772 | 3,017,069 | 2,188,630 | 2,457,864 | 1,964,632 | 2,202,955 | 2,070,061 | 2,066,126 | 2,334,403 | 2,249,586 | 2,149,548 | 2,326,710 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 32,236 | 90,707 | 157,856 | 191,161 | 0 | 0 | 0 | 0 | 0 | 0 | 19,297 | 39,157 | 15,290 |
Accruals and Deferred Income | 449,251 | 502,728 | 611,804 | 505,189 | 364,590 | 143,364 | 91,643 | 96,467 | 0 | 106,114 | 110,937 | 116,133 | 120,584 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 369,470 | 343,066 | 348,575 | 271,830 | 207,716 | 168,967 | 153,718 | 177,342 | 146,309 | 90,329 | 54,864 | 24,547 | 16,558 | 6,330 | 0 |
total long term liabilities | 818,721 | 845,794 | 992,615 | 867,726 | 730,162 | 503,492 | 245,361 | 273,809 | 146,309 | 196,443 | 165,801 | 140,680 | 156,439 | 45,487 | 15,290 |
total liabilities | 5,183,798 | 4,419,380 | 3,687,163 | 3,983,498 | 3,747,231 | 2,692,122 | 2,703,225 | 2,238,441 | 2,349,264 | 2,266,504 | 2,231,927 | 2,475,083 | 2,406,025 | 2,195,035 | 2,342,000 |
net assets | 4,867,467 | 4,382,980 | 4,059,881 | 3,879,762 | 3,604,270 | 3,080,573 | 2,955,803 | 2,495,655 | 2,104,230 | 1,403,434 | 982,709 | 753,409 | 656,617 | 466,629 | 340,901 |
total shareholders funds | 4,867,467 | 4,382,980 | 4,059,881 | 3,879,762 | 3,604,270 | 3,080,573 | 2,955,803 | 2,495,655 | 2,104,230 | 1,403,434 | 982,709 | 753,409 | 656,617 | 466,629 | 340,901 |
Mar 2024 | Mar 2023 | Mar 2022 | Apr 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 | 570,272 | 414,827 | 296,877 | 365,836 | 672,282 | 166,322 | 541,333 | 613,775 | 245,501 | 168,419 | 165,892 | ||||
Depreciation | 559,709 | 574,437 | 561,946 | 391,928 | 404,461 | 400,634 | 349,174 | 308,612 | 292,480 | 265,533 | 245,214 | 195,823 | 167,726 | 173,373 | 199,482 |
Amortisation | 2,700 | 2,700 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -142,564 | -106,729 | -117,603 | -85,928 | -143,467 | -48,702 | -96,988 | -133,348 | -52,181 | -35,989 | -47,429 | ||||
Stock | 48,133 | -1,235 | 43,516 | -6,217 | -71,920 | 148,266 | -35,433 | -5,219 | -576 | 10,306 | -75,309 | 29,314 | -88,211 | 143,343 | 106,307 |
Debtors | -50,116 | 288,315 | 248,598 | 63,087 | 664,948 | -361,804 | 317,913 | 620,435 | 167,291 | -4,389 | -296,492 | -75,385 | 281,263 | -109,599 | 1,536,916 |
Creditors | 532,386 | 189,775 | -238,593 | -8,988 | 572,821 | -166,607 | 499,829 | 25,137 | -750,221 | 3,935 | -268,277 | 820,556 | 101,985 | -239,297 | 1,651,159 |
Accruals and Deferred Income | 235,171 | 608,191 | -65,932 | 244,768 | 460,701 | -98,872 | -11,421 | -166,993 | 777,001 | -4,823 | -5,196 | -159,106 | 130,347 | 2,220 | 142,672 |
Deferred Taxes & Provisions | 26,404 | -5,509 | 76,745 | 64,114 | 38,749 | 15,249 | -23,624 | 31,033 | 55,980 | 35,465 | 30,317 | 7,989 | 10,228 | 6,330 | 0 |
Cash flow from operations | 1,786,061 | 1,390,612 | 221,326 | 914,860 | 1,412,519 | 481,562 | 975,823 | 63,000 | 410,554 | 41,312 | 468,553 | ||||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | -1,009,343 | -461,854 | -568,570 | -120,607 | -168,968 | ||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | -1,009,343 | -461,854 | -568,570 | -120,607 | -168,968 | ||||
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 | -560,388 | 0 | 42,817 | 517,571 |
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 | -29,543 | -60,240 | -68,555 | -63,627 | -17,162 | 239,127 | 0 | 0 | 0 | 0 | 0 | -39,993 | -31,570 | 40,965 | 30,598 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 56,779 | 15,001 | 845 | -4,416 | -5,118 | 7,150 | 15,803 | 12,288 | -3,332 | -6,702 | -6,242 | ||||
cash flow from financing | 27,236 | -45,239 | -67,710 | -68,043 | -22,280 | 246,277 | 15,803 | -89,002 | -34,902 | 77,080 | 770,607 | ||||
cash and cash equivalents | |||||||||||||||
cash | 1,305,501 | 975,639 | -496,175 | -364,978 | 728,533 | -684,628 | -25,895 | -494,698 | 504,202 | 335,413 | 296,978 | 46,015 | -192,918 | -33,011 | 584,969 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 1,305,501 | 975,639 | -496,175 | -364,978 | 728,533 | -684,628 | -25,895 | -494,698 | 504,202 | 335,413 | 296,978 | 46,015 | -192,918 | -33,011 | 584,969 |
soanes poultry ltd Credit Report and Business Information
Soanes Poultry Ltd Competitor Analysis
Perform a competitor analysis for soanes poultry ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in YO25 area or any other competitors across 12 key performance metrics.
soanes poultry ltd Ownership
SOANES POULTRY LTD group structure
Soanes Poultry Ltd has no subsidiary companies.
Ultimate parent company
SOANES POULTRY LTD
05217234
soanes poultry ltd directors
Soanes Poultry Ltd currently has 5 directors. The longest serving directors include Mr Andrew Soanes (Aug 2004) and Mrs Sarah Soanes (Apr 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Andrew Soanes | England | 59 years | Aug 2004 | - | Director |
Mrs Sarah Soanes | United Kingdom | 60 years | Apr 2019 | - | Director |
Mrs Claire Wright | England | 55 years | Apr 2019 | - | Director |
Mr John Soanes | England | 28 years | Apr 2019 | - | Director |
Mr Ben Lee | England | 35 years | Jan 2021 | - | Director |
P&L
March 2024turnover
35.7m
+2%
operating profit
570.3k
+37%
gross margin
14.4%
+13.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
4.9m
+0.11%
total assets
10.1m
+0.14%
cash
2.5m
+1.11%
net assets
Total assets minus all liabilities
soanes poultry ltd company details
company number
05217234
Type
Private limited with Share Capital
industry
10130 - Production of meat and poultry meat products
incorporation date
August 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
t soanes & son (poultry) ltd (April 2024)
accountant
-
auditor
SADOFSKYS
address
church hill farm, middleton-on-the-wolds, driffield, east yorkshire, YO25 9UG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
soanes poultry 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 soanes poultry ltd.
soanes poultry ltd Capital Raised & Share Issues BETA
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soanes poultry ltd Companies House Filings - See Documents
date | description | view/download |
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