eastern farms limited

4

eastern farms limited Company Information

Share EASTERN FARMS LIMITED
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Company Number

06122241

Registered Address

mill farm dunkirk drove, somersham, huntingdon, cambs, PE28 3HN

Industry

Growing of cereals (except rice), leguminous crops and oil seeds

 

Telephone

01487740280

Next Accounts Due

September 2024

Group Structure

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Directors

Anna Leadbetter9 Years

Charles Leadbetter2 Years

Shareholders

mr charles leadbetter 50%

anna julie leadbetter 50%

eastern farms limited Estimated Valuation

£1.3m - £3.8m

The estimated valuation range for eastern farms limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.3m to £3.8m

eastern farms limited Estimated Valuation

£1.3m - £3.8m

The estimated valuation range for eastern farms limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.3m to £3.8m

eastern farms limited Estimated Valuation

£1.3m - £3.8m

The estimated valuation range for eastern farms limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.3m to £3.8m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Eastern Farms Limited AI Business Plan

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Eastern Farms Limited Overview

Eastern Farms Limited is a live company located in huntingdon, PE28 3HN with a Companies House number of 06122241. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in February 2007, it's largest shareholder is mr charles leadbetter with a 50% stake. Eastern Farms Limited is a established, small sized company, Pomanda has estimated its turnover at £4.3m with high growth in recent years.

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Eastern Farms Limited Health Check

Pomanda's financial health check has awarded Eastern Farms Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £4.3m, make it smaller than the average company (£5.5m)

£4.3m - Eastern Farms Limited

£5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (3.4%)

25% - Eastern Farms Limited

3.4% - Industry AVG

production

Production

with a gross margin of 28.7%, this company has a comparable cost of product (28.7%)

28.7% - Eastern Farms Limited

28.7% - Industry AVG

profitability

Profitability

an operating margin of 35.3% make it more profitable than the average company (10.9%)

35.3% - Eastern Farms Limited

10.9% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (37)

11 - Eastern Farms Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)

£33.7k - Eastern Farms Limited

£33.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £390.4k, this is more efficient (£147.4k)

£390.4k - Eastern Farms Limited

£147.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is later than average (32 days)

49 days - Eastern Farms Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 58 days, this is slower than average (43 days)

58 days - Eastern Farms Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 227 days, this is more than average (88 days)

227 days - Eastern Farms Limited

88 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (18 weeks)

10 weeks - Eastern Farms Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.3%, this is a higher level of debt than the average (42.5%)

56.3% - Eastern Farms Limited

42.5% - Industry AVG

eastern farms 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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Eastern Farms Limited Competitor Analysis

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Perform a competitor analysis for eastern farms limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

eastern farms limited Ownership

EASTERN FARMS LIMITED group structure

Eastern Farms Limited has 1 subsidiary company.

Ultimate parent company

EASTERN FARMS LIMITED

06122241

1 subsidiary

EASTERN FARMS LIMITED Shareholders

mr charles leadbetter 50%
anna julie leadbetter 50%

eastern farms limited directors

Eastern Farms Limited currently has 2 directors. The longest serving directors include Mrs Anna Leadbetter (Jun 2014) and Mr Charles Leadbetter (Mar 2022).

officercountryagestartendrole
Mrs Anna LeadbetterEngland40 years Jun 2014- Director
Mr Charles LeadbetterEngland49 years Mar 2022- Director

EASTERN FARMS LIMITED financials

EXPORTms excel logo

Eastern Farms Limited's latest turnover from December 2022 is estimated at £4.3 million and the company has net assets of £2.9 million. According to their latest financial statements, Eastern Farms Limited has 11 employees and maintains cash reserves of £227.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover4,294,0942,639,8402,331,8042,191,2401,716,3621,371,5941,037,451974,9041,401,2541,392,382656,930352,166486,5030
Other Income Or Grants00000000000000
Cost Of Sales3,061,7211,902,1301,722,3121,587,1451,221,814958,758739,965687,339983,157940,836418,076219,363310,6600
Gross Profit1,232,373737,710609,492604,095494,548412,836297,486287,564418,098451,546238,854132,802175,8440
Admin Expenses-283,461-134,569468,901261,944112,267362,020239,25961,706399,507452,673277,894120,686141,646-34,390
Operating Profit1,515,834872,279140,591342,151382,28150,81658,227225,85818,591-1,127-39,04012,11634,19834,390
Interest Payable8,33311,6738,90210,62818,14218,73214,8617,006000000
Interest Receivable3,9870000000006284230
Pre-Tax Profit1,511,488860,606131,689331,523364,14032,08443,366218,85118,591-1,127-38,97812,20034,22134,390
Tax-287,183-163,515-25,021-62,989-69,187-6,096-8,673-43,770-3,90400-3,172-9,582-9,629
Profit After Tax1,224,305697,091106,668268,534294,95325,98834,693175,08114,687-1,127-38,9789,02824,63924,761
Dividends Paid00000000000000
Retained Profit1,224,305697,091106,668268,534294,95325,98834,693175,08114,687-1,127-38,9789,02824,63924,761
Employee Costs370,272289,978180,781183,75187,37482,38482,20786,912278,176282,235141,92385,566109,1240
Number Of Employees11966333310105340
EBITDA*1,887,5341,244,681432,805591,824522,019210,885204,144377,656146,520110,19975,21469,86574,29369,132

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,651,4752,825,7772,544,9952,240,4401,274,1141,384,1961,338,7431,201,014880,074790,077509,518276,383207,945190,451
Intangible Assets004,4389,44816,7176,2967,5675,56010,28711,6840000
Investments & Other100100100100100000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets3,651,5752,825,8772,549,5332,249,9881,290,9311,390,4921,346,3101,206,574890,361801,761509,518276,383207,945190,451
Stock & work in progress1,907,7531,409,324980,712740,246566,249441,232423,739360,170326,321238,50980,25656,42765,59960,870
Trade Debtors577,680245,527200,474312,529369,760261,608190,004148,41358,74197,32521,2779,74143,03724,862
Group Debtors00034,4006,900000000000
Misc Debtors184,996142,775103,90237,43448,50041,97137,08433,469000000
Cash227,821000000000024,6479,0800
misc current assets00000000000000
total current assets2,898,2501,797,6261,285,0881,124,609991,409744,811650,827542,052385,062335,834101,53390,815117,71685,732
total assets6,549,8254,623,5033,834,6213,374,5972,282,3402,135,3031,997,1371,748,6261,275,4231,137,595611,051367,198325,661276,183
Bank overdraft0175,432198,10193,777221,123316,413259,970215,577000000
Bank loan00000000000000
Trade Creditors 489,229383,152445,624415,467270,132207,218172,354170,007497,615491,777318,607196,837195,324151,281
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities602,225503,541480,054821,553730,114812,953769,362614,457000000
total current liabilities1,091,4541,062,1251,123,7791,330,7971,221,3691,336,5841,201,6861,000,041497,615491,777318,607196,837195,324151,281
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities1,903,6001,562,5001,536,1871,002,400353,703454,926482,180480,905721,772612,628259,23487,30260,39286,882
provisions694,328362,740235,608209,021143,42374,90170,36759,46922,90614,74713,64024,51120,42513,139
total long term liabilities2,597,9281,925,2401,771,7951,211,421497,126529,827552,547540,374744,678627,375272,874111,81380,817100,021
total liabilities3,689,3822,987,3652,895,5742,542,2181,718,4951,866,4111,754,2331,540,4151,242,2931,119,152591,481308,650276,141251,302
net assets2,860,4431,636,138939,047832,379563,845268,892242,904208,21133,13018,44319,57058,54849,52024,881
total shareholders funds2,860,4431,636,138939,047832,379563,845268,892242,904208,21133,13018,44319,57058,54849,52024,881
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,515,834872,279140,591342,151382,28150,81658,227225,85818,591-1,127-39,04012,11634,19834,390
Depreciation371,700367,964287,204242,404132,469156,390138,946147,071123,202107,432114,25457,74940,09534,742
Amortisation04,4385,0107,2697,2693,6796,9714,7274,7273,8940000
Tax-287,183-163,515-25,021-62,989-69,187-6,096-8,673-43,770-3,90400-3,172-9,582-9,629
Stock498,429428,612240,466173,997125,01717,49363,56933,84987,812158,25323,829-9,1724,72960,870
Debtors374,37483,926-79,987-40,797121,58176,49145,206123,141-38,58476,04811,536-33,29618,17524,862
Creditors106,077-62,47230,157145,33562,91434,8642,347-327,6085,838173,170121,7701,51344,043151,281
Accruals and Deferred Income98,68423,487-341,49991,439-82,83943,591154,905614,457000000
Deferred Taxes & Provisions331,588127,13226,58765,59868,5224,53410,89836,5638,1591,107-10,8714,0867,28613,139
Cash flow from operations1,263,897656,775-37,450698,007254,831193,794254,846500,308107,38550,175150,748114,76093,136138,191
Investing Activities
capital expenditure-1,197,398-648,746-591,759-1,208,730-40,077-204,251-285,653-468,011-216,529-403,569-347,389-126,187-57,589-225,193
Change in Investments0000100000000000
cash flow from investments-1,197,398-648,746-591,759-1,208,730-40,177-204,251-285,653-468,011-216,529-403,569-347,389-126,187-57,589-225,193
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities341,10026,313533,787648,697-101,223-27,2541,275-240,867109,144353,394171,93226,910-26,49086,882
share issue0000000000000120
interest-4,346-11,673-8,902-10,628-18,142-18,732-14,861-7,006006284230
cash flow from financing336,75414,640524,885638,069-119,365-45,986-13,586-247,873109,144353,394171,99426,994-26,46787,002
cash and cash equivalents
cash227,821000000000-24,64715,5679,0800
overdraft-175,432-22,669104,324-127,346-95,29056,44344,393215,577000000
change in cash403,25322,669-104,324127,34695,290-56,443-44,393-215,57700-24,64715,5679,0800

P&L

December 2022

turnover

4.3m

+63%

operating profit

1.5m

0%

gross margin

28.7%

+2.7%

turnover

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

Balance Sheet

December 2022

net assets

2.9m

+0.75%

total assets

6.5m

+0.42%

cash

227.8k

0%

net assets

Total assets minus all liabilities

eastern farms limited company details

company number

06122241

Type

Private limited with Share Capital

industry

01110 - Growing of cereals (except rice), leguminous crops and oil seeds

incorporation date

February 2007

age

17

accounts

Total Exemption Full

ultimate parent company

None

previous names

dalebrook fen farms limited (November 2007)

incorporated

UK

address

mill farm dunkirk drove, somersham, huntingdon, cambs, PE28 3HN

last accounts submitted

December 2022

eastern 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 6 charges/mortgages relating to eastern farms limited. Currently there are 4 open charges and 2 have been satisfied in the past.

charges

eastern farms limited Companies House Filings - See Documents

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