hoads farm limited

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hoads farm limited Company Information

Share HOADS FARM LIMITED

Company Number

05650739

Shareholders

fridays limited

Group Structure

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Industry

Raising of poultry

 

Registered Address

cheqeur tree farm benenden road, cranbrook, kent, TN17 3PN

hoads farm limited Estimated Valuation

£951.3k

Pomanda estimates the enterprise value of HOADS FARM LIMITED at £951.3k based on a Turnover of £2.4m and 0.39x industry multiple (adjusted for size and gross margin).

hoads farm limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HOADS FARM LIMITED at £0 based on an EBITDA of £-149.5k and a 4.08x industry multiple (adjusted for size and gross margin).

hoads farm limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of HOADS FARM LIMITED at £3.2m based on Net Assets of £1.6m and 2.05x industry multiple (adjusted for liquidity).

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Hoads Farm Limited Overview

Hoads Farm Limited is a live company located in kent, TN17 3PN with a Companies House number of 05650739. It operates in the raising of poultry sector, SIC Code 01470. Founded in December 2005, it's largest shareholder is fridays limited with a 100% stake. Hoads Farm Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with high growth in recent years.

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Hoads Farm Limited Health Check

Pomanda's financial health check has awarded Hoads Farm Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£19m)

£2.4m - Hoads Farm Limited

£19m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (7.8%)

19% - Hoads Farm Limited

7.8% - Industry AVG

production

Production

with a gross margin of 16.8%, this company has a comparable cost of product (16.8%)

16.8% - Hoads Farm Limited

16.8% - Industry AVG

profitability

Profitability

an operating margin of -7.6% make it less profitable than the average company (4.5%)

-7.6% - Hoads Farm Limited

4.5% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (54)

11 - Hoads Farm Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)

£35.2k - Hoads Farm Limited

£35.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £222.3k, this is less efficient (£368k)

£222.3k - Hoads Farm Limited

£368k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is later than average (33 days)

47 days - Hoads Farm Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is close to average (25 days)

25 days - Hoads Farm Limited

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is less than average (28 days)

6 days - Hoads Farm Limited

28 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (9 weeks)

6 weeks - Hoads Farm Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.2%, this is a lower level of debt than the average (53.2%)

19.2% - Hoads Farm Limited

53.2% - Industry AVG

HOADS FARM LIMITED financials

EXPORTms excel logo

Hoads Farm Limited's latest turnover from June 2024 is estimated at £2.4 million and the company has net assets of £1.6 million. According to their latest financial statements, Hoads Farm Limited has 11 employees and maintains cash reserves of £39.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover2,445,6531,664,4851,563,1941,439,3071,834,7561,907,9531,986,7463,896,9164,207,3543,719,6155,844,4225,136,2236,305,2775,785,1864,091,914
Other Income Or Grants
Cost Of Sales2,034,1651,403,2431,280,6241,171,0721,539,1011,587,0181,629,3323,238,6933,550,9123,071,0504,655,5563,915,0574,830,2714,310,7072,980,631
Gross Profit411,488261,243282,570268,234295,655320,935357,413658,223656,442648,5651,188,8651,221,1661,475,0061,474,4791,111,283
Admin Expenses597,866703,846344,924181,646168,040257,72670,537168,694127,920301,0101,164,3841,228,9031,255,2581,075,166537,267
Operating Profit-186,378-442,603-62,35486,588127,61563,209286,876489,529528,522347,55524,481-7,737219,748399,313574,016
Interest Payable7,1859,54122,5459,207
Interest Receivable4,4534,4321,8173362847161494857971,017850427
Pre-Tax Profit-181,925-438,171-60,53786,925127,89963,925279,840479,988505,977338,34824,966-6,940220,764400,164574,443
Tax-16,516-24,301-12,146-53,170-88,101-101,388-73,608-5,243-52,983-104,043-160,844
Profit After Tax-181,925-438,171-60,53770,409103,59851,779226,670391,887404,589264,74019,723-6,940167,781296,121413,599
Dividends Paid41,00061,00047,500
Retained Profit-181,925-438,171-60,53770,409103,59851,779226,670350,887343,589217,24019,723-6,940167,781296,121413,599
Employee Costs387,736319,700333,142263,143337,917323,390201,839201,156251,445205,696571,830497,901661,016651,330465,082
Number Of Employees11101181111881082321282820
EBITDA*-149,457-395,1301,908150,620195,251142,788361,536569,136589,204444,593100,38071,125262,940447,144618,285

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets1,439,3021,503,6241,525,1351,577,3191,629,1821,703,7051,803,2841,838,0591,850,8771,840,326929,622925,38070,69889,94980,798
Intangible Assets14,30042,80071,30099,800128,300156,800
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,439,3021,503,6241,525,1351,577,3191,629,1821,703,7051,803,2841,838,0591,850,8771,854,626972,422996,680170,498218,249237,598
Stock & work in progress38,55558,44638,80852,65532,70232,46735,38939,18323,950151,96669,11234,55130,52356,80852,361
Trade Debtors319,657208,362237,253229,905269,111345,094435,771311,156437,488350,370782,426833,4071,316,0931,103,594644,041
Group Debtors6,90044,051627,15337,943352,007418,970
Misc Debtors103,895164,916775,773222,308539,590418,285373,112109,017253,720111,188
Cash39,094130,55246,737244,006428,398139,93151,0348,5324,72515,096112,41181,525237,203169,499170,641
misc current assets
total current assets508,101562,2761,142,6221,376,0271,269,801935,777895,306505,8311,071,8901,047,590963,949949,4831,583,8191,329,901867,043
total assets1,947,4032,065,9002,667,7572,953,3462,898,9832,639,4822,698,5902,343,8902,922,7672,902,2161,936,3711,946,1631,754,3171,548,1501,104,641
Bank overdraft221,086489,449608,774
Bank loan
Trade Creditors 143,51168,70878,55776,366119,768119,853186,352107,65293,772244,825925,903924,102868,736827,891678,536
Group/Directors Accounts62,803235,057323,270288,805233,828247,594614,800
other short term finances
hp & lease commitments28,84438,46038,459
other current liabilities161,056102,46957,399192,766232,376137,830167,820116,970131,651767,301
total current liabilities304,567233,980371,013592,402640,949491,511601,766474,5521,368,1321,659,359925,903924,102868,736827,891678,536
loans
hp & lease commitments28,84467,304
Accruals and Deferred Income
other liabilities105,763141,018
provisions68,91376,072102,725106,38873,88767,42268,05467,23874,57867,92914,32110,3827,98010,43912,406
total long term liabilities68,91376,072102,725106,38873,88767,42268,05467,238103,422135,233120,084151,4007,98010,43912,406
total liabilities373,480310,052473,738698,790714,836558,933669,820541,7901,471,5541,794,5921,045,9871,075,502876,716838,330690,942
net assets1,573,9231,755,8482,194,0192,254,5562,184,1472,080,5492,028,7701,802,1001,451,2131,107,624890,384870,661877,601709,820413,699
total shareholders funds1,573,9231,755,8482,194,0192,254,5562,184,1472,080,5492,028,7701,802,1001,451,2131,107,624890,384870,661877,601709,820413,699
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-186,378-442,603-62,35486,588127,61563,209286,876489,529528,522347,55524,481-7,737219,748399,313574,016
Depreciation36,92147,47364,26264,03267,63679,57974,66079,60746,38268,53847,39950,36214,69219,33115,769
Amortisation14,30028,50028,50028,50028,50028,50028,500
Tax-16,516-24,301-12,146-53,170-88,101-101,388-73,608-5,243-52,983-104,043-160,844
Stock-19,89119,638-13,84719,953235-2,922-3,79415,233-128,01682,85434,5614,028-26,2854,44752,361
Debtors57,174-683,799-22,289270,66545,322-45,504350,767-585,099162,68798,102-50,981-482,686212,499459,553644,041
Creditors74,803-9,8492,191-43,402-85-66,49978,70013,880-151,053-681,0781,80155,36640,845149,355678,536
Accruals and Deferred Income58,58745,070-135,367-39,61094,546-29,99050,850-14,681-635,650767,301
Deferred Taxes & Provisions-7,159-26,653-3,66332,5016,465-632816-7,3406,64953,6083,9392,402-2,459-1,96712,406
Cash flow from operations-60,509277,599-98,795-207,025226,31981,94791,7591,042,760-326,909329,860117,297607,55162,12926,489451,981
Investing Activities
capital expenditure27,401-25,962-12,078-12,1696,88720,000-39,885-66,789-56,933-979,242-51,641-905,0444,559-28,482-281,867
Change in Investments
cash flow from investments27,401-25,962-12,078-12,1696,88720,000-39,885-66,789-56,933-979,242-51,641-905,0444,559-28,482-281,867
Financing Activities
Bank loans
Group/Directors Accounts-62,803-172,254-88,21334,46554,977-13,766247,594-614,800614,800
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-28,844-38,460-38,459105,763
other long term liabilities-105,763-35,255141,018
share issue100
interest4,4534,4321,817336284716-7,036-9,541-22,545-9,2074857971,017850427
cash flow from financing-58,350-167,822-86,39634,80155,261-13,050211,714-662,801553,796-9,207-34,770141,8151,017850527
cash and cash equivalents
cash-91,45883,815-197,269-184,392288,46788,89742,5023,807-10,371-97,31530,886-155,67867,704-1,142170,641
overdraft-221,086-268,363-119,325608,774
change in cash-91,45883,815-197,269-184,392288,46788,897263,588272,170108,954-706,08930,886-155,67867,704-1,142170,641

hoads farm limited 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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Hoads Farm Limited Competitor Analysis

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Perform a competitor analysis for hoads farm limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in TN17 area or any other competitors across 12 key performance metrics.

hoads farm limited Ownership

HOADS FARM LIMITED group structure

Hoads Farm Limited has no subsidiary companies.

Ultimate parent company

1 parent

HOADS FARM LIMITED

05650739

HOADS FARM LIMITED Shareholders

fridays limited 100%

hoads farm limited directors

Hoads Farm Limited currently has 2 directors. The longest serving directors include Mr Andrew Friday (Oct 2024) and Mr Malcolm Friday (Oct 2024).

officercountryagestartendrole
Mr Andrew FridayEngland67 years Oct 2024- Director
Mr Malcolm FridayEngland73 years Oct 2024- Director

P&L

June 2024

turnover

2.4m

+47%

operating profit

-186.4k

0%

gross margin

16.9%

+7.2%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

1.6m

-0.1%

total assets

1.9m

-0.06%

cash

39.1k

-0.7%

net assets

Total assets minus all liabilities

hoads farm limited company details

company number

05650739

Type

Private limited with Share Capital

industry

01470 - Raising of poultry

incorporation date

December 2005

age

20

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

June 2024

previous names

N/A

accountant

HENTON & CO LLP

auditor

-

address

cheqeur tree farm benenden road, cranbrook, kent, TN17 3PN

Bank

-

Legal Advisor

-

hoads farm 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 6 charges/mortgages relating to hoads farm limited. Currently there are 0 open charges and 6 have been satisfied in the past.

hoads farm 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.

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hoads farm limited Companies House Filings - See Documents

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