Pomanda estimates the enterprise value of BITTADON FARMS LIMITED at £1.4m based on a Turnover of £2.2m and 0.6x industry multiple (adjusted for size and gross margin).
bittadon farms limitedEstimated Valuation
£889.8k
Pomanda estimates the enterprise value of BITTADON FARMS LIMITED at £889.8k based on an EBITDA of £229.4k and a 3.88x industry multiple (adjusted for size and gross margin).
bittadon farms limitedEstimated Valuation
£6.1m
Pomanda estimates the enterprise value of BITTADON FARMS LIMITED at £6.1m based on Net Assets of £4.3m and 1.41x industry multiple (adjusted for liquidity).
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Bittadon Farms LimitedOverview
Bittadon Farms Limited is a live company located in barnstaple, EX31 4HJ with a Companies House number of 05303470. It operates in the raising of dairy cattle sector, SIC Code 01410. Founded in December 2004, it's largest shareholder is
stephen robert houlford
with a 100% stake. Bittadon Farms Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Bittadon Farms Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
3 Regular
2 Weak
Size
annual sales of £2.2m, make it larger than the average company (£593.9k)
£2.2m - Bittadon Farms Limited
£593.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.2%)
16% - Bittadon Farms Limited
10.2% - Industry AVG
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
25.2% - Bittadon Farms Limited
25.2% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (8%)
2.5% - Bittadon Farms Limited
8% - Industry AVG
Employees
with 16 employees, this is above the industry average (4)
16 - Bittadon Farms Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)
£33.3k - Bittadon Farms Limited
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £140.1k, this is less efficient (£192.6k)
£140.1k - Bittadon Farms Limited
£192.6k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is near the average (26 days)
23 days - Bittadon Farms Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 115 days, this is slower than average (41 days)
115 days - Bittadon Farms Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 92 days, this is less than average (211 days)
92 days - Bittadon Farms Limited
211 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 73 weeks, this is more cash available to meet short term requirements (17 weeks)
73 weeks - Bittadon Farms Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.1%, this is a lower level of debt than the average (47.1%)
19.1% - Bittadon Farms Limited
47.1% - Industry AVG
BITTADON FARMS LIMITED financials
EXPORT
Bittadon Farms Limited's latest turnover from March 2024 is estimated at £2.2 million and the company has net assets of £4.3 million. According to their latest financial statements, Bittadon Farms Limited has 16 employees and maintains cash reserves of £1.1 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
2,242,340
1,684,015
1,690,269
1,443,063
1,192,574
1,377,797
1,768,042
1,421,930
1,087,874
3,729,329
3,681,290
2,183,867
2,102,311
2,151,691
1,462,002
Other Income Or Grants
Cost Of Sales
1,676,657
1,116,675
982,883
722,207
626,247
900,550
1,185,642
867,987
726,106
2,229,556
2,392,446
1,448,548
1,372,617
1,330,190
930,054
Gross Profit
565,682
567,340
707,386
720,855
566,327
477,247
582,400
553,943
361,768
1,499,773
1,288,844
735,320
729,694
821,500
531,947
Admin Expenses
510,557
-601,025
177,437
458,952
197,856
184,034
463,188
389,876
257,461
1,229,661
684,481
617,061
497,694
530,074
-330,978
Operating Profit
55,125
1,168,365
529,949
261,903
368,471
293,213
119,212
164,067
104,307
270,112
604,363
118,259
232,000
291,426
862,925
Interest Payable
3,004
3,706
3,093
1,525
1,104
1,222
Interest Receivable
59,593
30,809
1,329
130
71
1,270
1,341
771
2,075
1,607
580
326
326
113
113
Pre-Tax Profit
111,713
1,195,468
528,185
260,509
367,437
293,260
120,553
164,839
106,383
271,719
604,943
118,584
232,326
291,539
863,038
Tax
-27,928
-227,139
-100,355
-49,497
-69,813
-55,719
-22,905
-32,968
-21,276
-57,061
-139,137
-28,460
-60,405
-81,631
-241,650
Profit After Tax
83,785
968,329
427,830
211,012
297,624
237,541
97,648
131,871
85,106
214,658
465,806
90,124
171,921
209,908
621,387
Dividends Paid
Retained Profit
83,785
968,329
427,830
211,012
297,624
237,541
97,648
131,871
85,106
214,658
465,806
90,124
171,921
209,908
621,387
Employee Costs
532,960
304,528
362,930
329,178
339,761
376,792
365,738
227,581
293,521
574,728
740,695
445,922
462,318
435,123
280,909
Number Of Employees
16
13
13
15
12
12
12
10
11
18
27
19
17
16
11
EBITDA*
229,402
1,316,685
674,490
398,978
513,273
416,529
218,699
235,237
184,160
345,884
1,270,646
181,466
278,496
324,015
889,328
* 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
2,552,366
2,613,708
1,759,039
1,671,425
1,541,803
1,458,314
995,761
988,384
467,500
976,653
923,548
773,318
617,151
518,129
479,318
Intangible Assets
11,956
24,711
37,109
Investments & Other
578,882
570,302
538,868
570,302
545,602
543,002
531,002
526,202
510,002
Debtors (Due After 1 year)
Total Fixed Assets
3,131,248
3,184,010
2,297,907
2,241,727
2,087,405
2,001,316
1,526,763
1,514,586
977,502
976,653
923,548
773,318
629,107
542,840
516,427
Stock & work in progress
426,650
345,955
320,208
268,263
282,303
334,533
257,350
212,403
224,875
206,910
213,950
207,230
177,690
165,643
112,410
Trade Debtors
142,309
57,052
150,179
95,690
110,324
99,495
174,106
197,121
84,666
584,716
599,649
340,508
336,889
334,741
273,213
Group Debtors
4,901
Misc Debtors
577,269
734,465
1,024,159
639,125
498,694
403,912
195,776
207,846
177,163
Cash
1,055,074
1,215,119
234,715
119,658
141,075
338,565
197,987
419,190
410,977
231,875
130,258
45,057
misc current assets
92,363
277,132
total current assets
2,201,302
2,352,591
1,729,261
1,122,736
1,032,396
837,940
1,058,160
815,357
1,187,927
1,202,603
1,045,474
547,738
644,837
500,384
430,680
total assets
5,332,550
5,536,601
4,027,168
3,364,463
3,119,801
2,839,256
2,584,923
2,329,943
2,165,429
2,179,256
1,969,022
1,321,056
1,273,944
1,043,224
947,107
Bank overdraft
36,207
Bank loan
22,732
Trade Creditors
532,016
754,107
478,163
235,717
232,827
214,929
221,287
128,596
166,580
307,015
313,401
177,507
217,964
204,035
317,011
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
194,362
302,936
70,321
85,627
107,051
119,310
62,298
42,990
30,703
total current liabilities
749,110
1,057,043
548,484
321,344
339,878
370,446
283,585
171,586
197,283
307,015
313,401
177,507
217,964
204,035
317,011
loans
30,680
41,630
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
4,833
7,206
22,714
58,414
14,736
5,586
18,992
6,413
14,108
provisions
267,890
217,113
173,618
157,513
150,496
134,634
189,195
108,162
93,500
91,851
76,483
42,796
37,656
6,894
7,709
total long term liabilities
267,890
247,793
215,248
207,513
155,329
141,840
211,909
166,576
108,236
97,437
95,475
49,209
51,764
6,894
7,709
total liabilities
1,017,000
1,304,836
763,732
528,857
495,207
512,286
495,494
338,162
305,519
404,452
408,876
226,716
269,728
210,929
324,720
net assets
4,315,550
4,231,765
3,263,436
2,835,606
2,624,594
2,326,970
2,089,429
1,991,781
1,859,910
1,774,804
1,560,146
1,094,340
1,004,216
832,295
622,387
total shareholders funds
4,315,550
4,231,765
3,263,436
2,835,606
2,624,594
2,326,970
2,089,429
1,991,781
1,859,910
1,774,804
1,560,146
1,094,340
1,004,216
832,295
622,387
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
55,125
1,168,365
529,949
261,903
368,471
293,213
119,212
164,067
104,307
270,112
604,363
118,259
232,000
291,426
862,925
Depreciation
174,277
148,320
144,541
137,075
144,802
123,316
99,487
71,170
79,853
75,772
666,283
51,251
33,741
19,834
13,760
Amortisation
11,956
12,755
12,755
12,643
Tax
-27,928
-227,139
-100,355
-49,497
-69,813
-55,719
-22,905
-32,968
-21,276
-57,061
-139,137
-28,460
-60,405
-81,631
-241,650
Stock
80,695
25,747
51,945
-14,040
-52,230
77,183
44,947
-12,472
17,965
-7,040
6,720
29,540
12,047
53,233
112,410
Debtors
-71,939
-382,821
439,523
125,797
105,611
133,525
-35,085
138,237
-317,986
-14,933
259,141
3,619
2,148
61,528
273,213
Creditors
-222,091
275,944
242,446
2,890
17,898
-6,358
92,691
-37,984
-140,435
-6,386
135,894
-40,457
13,929
-112,976
317,011
Accruals and Deferred Income
-108,574
232,615
-15,306
-21,424
-12,259
57,012
19,308
12,287
30,703
Deferred Taxes & Provisions
50,777
43,495
16,105
7,017
15,862
-54,561
81,033
14,662
1,649
15,368
33,687
5,140
30,762
-815
7,709
Cash flow from operations
-87,170
1,998,674
325,912
226,207
411,580
146,195
378,964
65,469
354,822
319,778
1,035,229
84,530
248,587
13,832
586,775
Investing Activities
capital expenditure
-112,935
-1,002,989
-232,155
-266,697
-228,291
-585,869
-106,864
-592,054
429,300
-128,877
-816,513
-207,418
-132,763
-59,002
-542,830
Change in Investments
8,580
31,434
-31,434
24,700
2,600
12,000
4,800
16,200
510,002
cash flow from investments
-121,515
-1,034,423
-200,721
-291,397
-230,891
-597,869
-111,664
-608,254
-80,702
-128,877
-816,513
-207,418
-132,763
-59,002
-542,830
Financing Activities
Bank loans
22,732
Group/Directors Accounts
Other Short Term Loans
Long term loans
-30,680
-10,950
-8,370
50,000
Hire Purchase and Lease Commitments
other long term liabilities
-4,833
-2,373
-15,508
-35,700
43,678
9,150
-13,406
12,579
-7,695
14,108
share issue
1,000
interest
56,589
27,103
-1,764
-1,395
-1,033
48
1,341
771
2,075
1,607
580
326
326
113
113
cash flow from financing
48,641
16,153
-10,134
43,772
-3,406
-15,460
-34,359
44,449
11,225
-11,799
13,159
-7,369
14,434
113
1,113
cash and cash equivalents
cash
-160,045
980,404
115,057
-21,417
141,075
-338,565
140,578
-221,203
8,213
179,102
231,875
-130,258
130,258
-45,057
45,057
overdraft
-36,207
36,207
change in cash
-160,045
980,404
115,057
-21,417
177,282
-374,772
140,578
-221,203
8,213
179,102
231,875
-130,258
130,258
-45,057
45,057
bittadon farms limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for bittadon farms limited. Get real-time insights into bittadon farms limited's credit score, group structure and payment trends.
Perform a competitor analysis for bittadon farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in EX31 area or any other competitors across 12 key performance metrics.
bittadon farms limited Ownership
BITTADON FARMS LIMITED group structure
Bittadon Farms Limited has no subsidiary companies.
Ultimate parent company
BITTADON FARMS LIMITED
05303470
BITTADON FARMS LIMITED Shareholders
The sole shareholder of Bittadon Farms Limited is Stephen Robert Houlford.
stephen robert houlford
100%
bittadon farms limited directors
Bittadon Farms Limited currently has 2 directors.
The longest serving directors include
Mr Stephen Houlford (Dec 2004) and
Mr George Houlford (Apr 2020).
church farm, bittadon, barnstaple, devon, EX31 4HJ
Bank
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Legal Advisor
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bittadon farms 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 found 3 charges/mortgages relating to bittadon farms limited. Currently there are 3 open charges and 0 have been satisfied in the past.
bittadon farms 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.
Click to start generating capital raising & share issue transactions for BITTADON FARMS LIMITED. This can take several minutes, an email will notify you when this has completed.
bittadon farms limitedCompanies House Filings - See Documents
