meinbank farm Company Information
Company Number
06207213
Next Accounts
2956 days late
Shareholders
robert howson irving
michael robert irving
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
c/o marrs accountancy, warwick mill business centre, carlisle, cumbria, CA4 8RR
Website
-meinbank farm Estimated Valuation
Pomanda estimates the enterprise value of MEINBANK FARM at £293.6k based on a Turnover of £744k and 0.39x industry multiple (adjusted for size and gross margin).
meinbank farm Estimated Valuation
Pomanda estimates the enterprise value of MEINBANK FARM at £421k based on an EBITDA of £150k and a 2.81x industry multiple (adjusted for size and gross margin).
meinbank farm Estimated Valuation
Pomanda estimates the enterprise value of MEINBANK FARM at £1.3m based on Net Assets of £533.3k and 2.37x industry multiple (adjusted for liquidity).
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Meinbank Farm Overview
Meinbank Farm is a live company located in carlisle, CA4 8RR with a Companies House number of 06207213. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2007, it's largest shareholder is robert howson irving with a 33.4% stake. Meinbank Farm is a established, small sized company, Pomanda has estimated its turnover at £744k with rapid growth in recent years.
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Meinbank Farm Health Check
Pomanda's financial health check has awarded Meinbank Farm a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £744k, make it smaller than the average company (£1.6m)
- Meinbank Farm
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 166%, show it is growing at a faster rate (4.2%)
- Meinbank Farm
4.2% - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (36.7%)
- Meinbank Farm
36.7% - Industry AVG
Profitability
an operating margin of 16.2% make it more profitable than the average company (6.9%)
- Meinbank Farm
6.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (28)
- Meinbank Farm
28 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
- Meinbank Farm
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £248k, this is more efficient (£129k)
- Meinbank Farm
£129k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (40 days)
- Meinbank Farm
40 days - Industry AVG
Creditor Days
its suppliers are paid after 234 days, this is slower than average (35 days)
- Meinbank Farm
35 days - Industry AVG
Stock Days
it holds stock equivalent to 309 days, this is more than average (26 days)
- Meinbank Farm
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (26 weeks)
16 weeks - Meinbank Farm
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.6%, this is a lower level of debt than the average (67.3%)
44.6% - Meinbank Farm
67.3% - Industry AVG
MEINBANK FARM financials
Meinbank Farm's latest turnover from March 2015 is estimated at £744 thousand and the company has net assets of £533.3 thousand. According to their latest financial statements, we estimate that Meinbank Farm has 3 employees and maintains cash reserves of £127.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|
Turnover | ||||||
Other Income Or Grants | ||||||
Cost Of Sales | ||||||
Gross Profit | ||||||
Admin Expenses | ||||||
Operating Profit | ||||||
Interest Payable | ||||||
Interest Receivable | ||||||
Pre-Tax Profit | ||||||
Tax | ||||||
Profit After Tax | ||||||
Dividends Paid | ||||||
Retained Profit | ||||||
Employee Costs | ||||||
Number Of Employees | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|
Tangible Assets | 168,386 | 195,786 | 209,211 | 127,388 | 100,215 | 56,900 |
Intangible Assets | 0 | 0 | 0 | 25,742 | 56,632 | 87,523 |
Investments & Other | 0 | 327,359 | 259,644 | 271,519 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 168,386 | 523,145 | 468,855 | 424,649 | 156,847 | 144,423 |
Stock & work in progress | 524,865 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 51,789 | 0 | 0 | 0 | 261,248 | 218,547 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 127,439 | 0 | 2,912 | 5,456 | 3,969 | 52,101 |
misc current assets | 89,556 | 0 | 0 | 0 | 0 | 0 |
total current assets | 793,649 | 0 | 2,912 | 5,456 | 265,217 | 270,648 |
total assets | 962,035 | 523,145 | 471,767 | 430,105 | 422,064 | 415,071 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 398,652 | 50,375 | 28,661 | 14,023 | 17,707 | 82,720 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 398,652 | 50,375 | 28,661 | 14,023 | 17,707 | 82,720 |
loans | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 30,044 | 34,726 | 36,439 | 24,948 | 20,350 | 11,080 |
total long term liabilities | 30,044 | 34,726 | 36,439 | 24,948 | 20,350 | 11,080 |
total liabilities | 428,696 | 85,101 | 65,100 | 38,971 | 38,057 | 93,800 |
net assets | 533,339 | 438,044 | 406,667 | 391,134 | 384,007 | 321,271 |
total shareholders funds | 533,339 | 438,044 | 406,667 | 391,134 | 384,007 | 321,271 |
Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 29,716 | 31,460 | 23,491 | 22,362 | 17,685 | 0 |
Amortisation | 0 | 0 | 25,742 | 30,890 | 30,891 | 0 |
Tax | ||||||
Stock | 524,865 | 0 | 0 | 0 | 0 | 0 |
Debtors | 51,789 | 0 | 0 | -261,248 | 42,701 | 218,547 |
Creditors | 348,277 | 21,714 | 14,638 | -3,684 | -65,013 | 82,720 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -4,682 | -1,713 | 11,491 | 4,598 | 9,270 | 11,080 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | -327,359 | 67,715 | -11,875 | 271,519 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | 127,439 | -2,912 | -2,544 | 1,487 | -48,132 | 52,101 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 127,439 | -2,912 | -2,544 | 1,487 | -48,132 | 52,101 |
meinbank farm Credit Report and Business Information
Meinbank Farm Competitor Analysis
Perform a competitor analysis for meinbank farm by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CA4 area or any other competitors across 12 key performance metrics.
meinbank farm Ownership
MEINBANK FARM group structure
Meinbank Farm has no subsidiary companies.
Ultimate parent company
MEINBANK FARM
06207213
meinbank farm directors
Meinbank Farm currently has 3 directors. The longest serving directors include Jean Irving (Apr 2007) and Mr Michael Irving (Apr 2007).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Jean Irving | Scotland | 64 years | Apr 2007 | - | Director |
Mr Michael Irving | 42 years | Apr 2007 | - | Director | |
Mr Robert Irving | Scotland | 69 years | Apr 2007 | - | Director |
P&L
March 2015turnover
744k
+359%
operating profit
120.3k
0%
gross margin
16.8%
+0.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2015net assets
533.3k
+0.22%
total assets
962k
+0.84%
cash
127.4k
0%
net assets
Total assets minus all liabilities
meinbank farm company details
company number
06207213
Type
Private unlimited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
March 2015
previous names
meinbank farm limited (June 2014)
accountant
-
auditor
-
address
c/o marrs accountancy, warwick mill business centre, carlisle, cumbria, CA4 8RR
Bank
-
Legal Advisor
-
meinbank farm 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 meinbank farm.
meinbank farm 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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meinbank farm Companies House Filings - See Documents
date | description | view/download |
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