the farmers' market (gb) limited

the farmers' market (gb) limited Company Information

Share THE FARMERS' MARKET  (GB) LIMITED
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EstablishedSmallDeclining

Company Number

06060479

Industry

Production of electricity

 

Shareholders

richard william harding

fionagh mason harding

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Group Structure

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Contact

Registered Address

norton barton, launcells, bude, EX23 9LG

Website

-

the farmers' market (gb) limited Estimated Valuation

£842.6k

Pomanda estimates the enterprise value of THE FARMERS' MARKET (GB) LIMITED at £842.6k based on a Turnover of £575.7k and 1.46x industry multiple (adjusted for size and gross margin).

the farmers' market (gb) limited Estimated Valuation

£572.5k

Pomanda estimates the enterprise value of THE FARMERS' MARKET (GB) LIMITED at £572.5k based on an EBITDA of £129.7k and a 4.41x industry multiple (adjusted for size and gross margin).

the farmers' market (gb) limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of THE FARMERS' MARKET (GB) LIMITED at £1.2m based on Net Assets of £421.3k and 2.8x industry multiple (adjusted for liquidity).

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The Farmers' Market (gb) Limited Overview

The Farmers' Market (gb) Limited is a live company located in bude, EX23 9LG with a Companies House number of 06060479. It operates in the production of electricity sector, SIC Code 35110. Founded in January 2007, it's largest shareholder is richard william harding with a 50% stake. The Farmers' Market (gb) Limited is a established, small sized company, Pomanda has estimated its turnover at £575.7k with declining growth in recent years.

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The Farmers' Market (gb) Limited Health Check

Pomanda's financial health check has awarded The Farmers' Market (Gb) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £575.7k, make it smaller than the average company (£1.7m)

£575.7k - The Farmers' Market (gb) Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (11.7%)

-28% - The Farmers' Market (gb) Limited

11.7% - Industry AVG

production

Production

with a gross margin of 69.4%, this company has a comparable cost of product (69.4%)

69.4% - The Farmers' Market (gb) Limited

69.4% - Industry AVG

profitability

Profitability

an operating margin of 17.3% make it less profitable than the average company (50.6%)

17.3% - The Farmers' Market (gb) Limited

50.6% - Industry AVG

employees

Employees

with 2 employees, this is similar to the industry average (2)

2 - The Farmers' Market (gb) Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £77.8k, the company has an equivalent pay structure (£77.8k)

£77.8k - The Farmers' Market (gb) Limited

£77.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £287.9k, this is less efficient (£427.6k)

£287.9k - The Farmers' Market (gb) Limited

£427.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is later than average (16 days)

22 days - The Farmers' Market (gb) Limited

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is slower than average (19 days)

22 days - The Farmers' Market (gb) Limited

19 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Farmers' Market (gb) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 204 weeks, this is more cash available to meet short term requirements (11 weeks)

204 weeks - The Farmers' Market (gb) Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.1%, this is a lower level of debt than the average (86.9%)

22.1% - The Farmers' Market (gb) Limited

86.9% - Industry AVG

THE FARMERS' MARKET (GB) LIMITED financials

EXPORTms excel logo

The Farmers' Market (Gb) Limited's latest turnover from January 2024 is estimated at £575.7 thousand and the company has net assets of £421.3 thousand. According to their latest financial statements, we estimate that The Farmers' Market (Gb) Limited has 2 employees and maintains cash reserves of £230.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover575,714512,5871,037,9451,525,9331,376,843683,899569,310427,6574,603064,276977,695000
Other Income Or Grants000000000000000
Cost Of Sales176,028149,440370,695635,259577,835274,768259,685192,0951,894030,685488,670000
Gross Profit399,687363,147667,250890,674799,008409,131309,625235,5622,710033,591489,025000
Admin Expenses300,376374,571694,852927,622798,025395,650227,80250,952-154,708-103,57529,575495,590000
Operating Profit99,311-11,424-27,602-36,94898313,48181,823184,610157,418103,5754,016-6,565000
Interest Payable5186562704333,46611,5578,971000000
Interest Receivable8,7992,198592921514778571261131,2261,169000
Pre-Tax Profit108,060-9,312-27,599-36,9461,19813,19578,436173,110148,573103,6895,243-5,396000
Tax-27,015000-228-2,507-14,903-34,622-29,714-21,775-1,2060000
Profit After Tax81,045-9,312-27,599-36,94697010,68863,533138,488118,85881,9144,037-5,396000
Dividends Paid000000000000000
Retained Profit81,045-9,312-27,599-36,94697010,68863,533138,488118,85881,9144,037-5,396000
Employee Costs155,539142,063262,688377,265323,875182,225184,138121,50659,976059,229175,890000
Number Of Employees224653321013000
EBITDA*129,70018,9662,787-6,55831,37243,870112,212215,000187,807133,96534,405-6,565000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets273,505303,894334,284364,673395,063425,452455,841486,230516,620547,009577,399636,038000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets273,505303,894334,284364,673395,063425,452455,841486,230516,620547,009577,399636,038000
Stock & work in progress000000000000000
Trade Debtors36,20228,84781,68485,58279,02056,49348,23239,131004,2413,348000
Group Debtors000000000000000
Misc Debtors41712,93748643012,20010,0615,6905,6264,5475,84500000
Cash230,642104,57521,01626,00631,96825,32813,82117,46527,81022,45722,826467,730000
misc current assets000000000000000
total current assets267,261146,359103,186112,018123,18891,88267,74362,22232,35728,30227,067471,078000
total assets540,766450,253437,470476,691518,251517,334523,584548,452548,977575,311604,4661,107,116000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 10,78739,07594200000866011,737470,994000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities47,82418,88929,67037,77637,54131,66542,81352,98119,62517,40900000
total current liabilities58,61157,96430,61237,77637,54131,66542,81352,98120,49117,40911,737470,994000
loans09009009000012,83093,801276,021000000
hp & lease commitments000000000000000
Accruals and Deferred Income01,2002,3933,5854,7788,933000000000
other liabilities9000009000000429,451593,188640,518000
provisions59,97549,95454,01857,28460,94063,61465,60750,09352,15246,99600000
total long term liabilities60,87552,05457,31161,76966,61872,54778,437143,894328,173476,447593,188640,518000
total liabilities119,486110,01887,92399,545104,159104,212121,250196,875348,664493,856604,9251,111,512000
net assets421,280340,235349,547377,146414,092413,122402,334351,577200,31381,455-459-4,396000
total shareholders funds421,280340,235349,547377,146414,092413,122402,334351,577200,31381,455-459-4,396000
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit99,311-11,424-27,602-36,94898313,48181,823184,610157,418103,5754,016-6,565000
Depreciation30,38930,39030,38930,39030,38930,38930,38930,39030,38930,39030,3890000
Amortisation000000000000000
Tax-27,015000-228-2,507-14,903-34,622-29,714-21,775-1,2060000
Stock000000000000000
Debtors-5,165-40,386-3,842-5,20824,66612,6329,16540,210-1,2981,6048933,348000
Creditors-28,28838,1339420000-866866-11,737-459,257470,994000
Accruals and Deferred Income27,735-11,974-9,298-9581,721-2,215-10,16833,3562,21617,40900000
Deferred Taxes & Provisions10,021-4,064-3,266-3,656-2,674-1,99315,514-2,0595,15646,99600000
Cash flow from operations117,31881,447-4,993-5,9645,52524,52393,490170,599167,629163,254-426,951461,081000
Investing Activities
capital expenditure000000000028,250-636,038000
Change in Investments000000000000000
cash flow from investments000000000028,250-636,038000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-900009000-12,830-80,971-182,220276,021000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities90000-900900000-429,451-163,737-47,330640,518000
share issue00000100-12,77612,77600-1001,000000
interest8,7482,11232215-286-3,388-11,500-8,8451131,2261,169000
cash flow from financing8,7482,112321,115-13,016-97,135-180,944-162,275-163,624-46,204642,687000
cash and cash equivalents
cash126,06783,559-4,990-5,9626,64011,507-3,644-10,3455,353-369-444,904467,730000
overdraft000000000000000
change in cash126,06783,559-4,990-5,9626,64011,507-3,644-10,3455,353-369-444,904467,730000

the farmers' market (gb) 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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The Farmers' Market (gb) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the farmers' market (gb) limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in EX23 area or any other competitors across 12 key performance metrics.

the farmers' market (gb) limited Ownership

THE FARMERS' MARKET (GB) LIMITED group structure

The Farmers' Market (Gb) Limited has no subsidiary companies.

Ultimate parent company

THE FARMERS' MARKET (GB) LIMITED

06060479

THE FARMERS' MARKET (GB) LIMITED Shareholders

richard william harding 50%
fionagh mason harding 30%
john pearson 20%

the farmers' market (gb) limited directors

The Farmers' Market (Gb) Limited currently has 3 directors. The longest serving directors include Mr Richard Harding (Jan 2007) and Mrs Fionagh Harding (Jan 2007).

officercountryagestartendrole
Mr Richard Harding62 years Jan 2007- Director
Mrs Fionagh HardingUnited Kingdom62 years Jan 2007- Director
Mr John PearsonEngland49 years Mar 2012- Director

P&L

January 2024

turnover

575.7k

+12%

operating profit

99.3k

0%

gross margin

69.5%

-2.01%

turnover

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

Balance Sheet

January 2024

net assets

421.3k

+0.24%

total assets

540.8k

+0.2%

cash

230.6k

+1.21%

net assets

Total assets minus all liabilities

the farmers' market (gb) limited company details

company number

06060479

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

January 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

PETER HODGSON & CO

auditor

-

address

norton barton, launcells, bude, EX23 9LG

Bank

-

Legal Advisor

-

the farmers' market (gb) 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 the farmers' market (gb) limited.

the farmers' market (gb) 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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the farmers' market (gb) limited Companies House Filings - See Documents

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