essex farm services limited
essex farm services limited Company Information
Company Number
06768603
Next Accounts
97 days late
Shareholders
michael james cooper
Group Structure
View All
Industry
Support activities for crop production
Registered Address
tylde hall outwood common road, ramsden heath, billericay, essex, CM11 1HP
essex farm services limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX FARM SERVICES LIMITED at £46.5k based on a Turnover of £104.2k and 0.45x industry multiple (adjusted for size and gross margin).
essex farm services limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX FARM SERVICES LIMITED at £26.5k based on an EBITDA of £9.6k and a 2.75x industry multiple (adjusted for size and gross margin).
essex farm services limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX FARM SERVICES LIMITED at £0 based on Net Assets of £-43.9k and 1.4x industry multiple (adjusted for liquidity).
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Essex Farm Services Limited Overview
Essex Farm Services Limited is a live company located in billericay, CM11 1HP with a Companies House number of 06768603. It operates in the support activities for crop production sector, SIC Code 01610. Founded in December 2008, it's largest shareholder is michael james cooper with a 100% stake. Essex Farm Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £104.2k with declining growth in recent years.
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Essex Farm Services Limited Health Check
Pomanda's financial health check has awarded Essex Farm Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £104.2k, make it smaller than the average company (£3.8m)
- Essex Farm Services Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (6.1%)
- Essex Farm Services Limited
6.1% - Industry AVG
Production
with a gross margin of 23.6%, this company has a comparable cost of product (23.6%)
- Essex Farm Services Limited
23.6% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (5.2%)
- Essex Farm Services Limited
5.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
2 - Essex Farm Services Limited
17 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
- Essex Farm Services Limited
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £52.1k, this is less efficient (£221k)
- Essex Farm Services Limited
£221k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (56 days)
- Essex Farm Services Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (41 days)
- Essex Farm Services Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is less than average (46 days)
- Essex Farm Services Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - Essex Farm Services Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 161.3%, this is a higher level of debt than the average (49.3%)
161.3% - Essex Farm Services Limited
49.3% - Industry AVG
ESSEX FARM SERVICES LIMITED financials
Essex Farm Services Limited's latest turnover from March 2023 is estimated at £104.2 thousand and the company has net assets of -£43.9 thousand. According to their latest financial statements, Essex Farm Services Limited has 2 employees and maintains cash reserves of £2.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 6 | 3 | 6 | 4 | 3 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,877 | 42,132 | 46,813 | 12,416 | 806 | 1,074 | 1,432 | 1,910 | 2,547 | 3,396 | 4,527 | 6,036 | 169 | |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 25,462 | |||||||||||||
| Total Fixed Assets | 63,339 | 42,132 | 46,813 | 12,416 | 806 | 1,074 | 1,432 | 1,910 | 2,547 | 3,396 | 4,527 | 6,036 | 169 | |
| Stock & work in progress | 5,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,500 | 1,500 | 1,500 | 1,500 | 600 | 400 | 400 | 200 | |
| Trade Debtors | 620 | 6,208 | 3,973 | 4,568 | 2,524 | 1,948 | 6,682 | 4,706 | ||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 1,714 | 6,864 | 6,784 | 6,434 | 9,662 | 2,318 | ||||||||
| Cash | 2,675 | 2,987 | 602 | 556 | 15 | 2 | 19 | 235 | 42 | |||||
| misc current assets | ||||||||||||||
| total current assets | 8,295 | 6,208 | 6,701 | 9,466 | 9,340 | 8,434 | 11,177 | 3,820 | 5,473 | 6,087 | 3,124 | 2,583 | 7,082 | 4,948 |
| total assets | 71,634 | 48,340 | 53,514 | 21,882 | 10,146 | 9,508 | 12,609 | 5,730 | 8,020 | 9,483 | 7,651 | 8,619 | 7,251 | 4,948 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 2,357 | 95,744 | 1,600 | 1,001 | 100 | 1,050 | 799 | 8,795 | 8,983 | 5,865 | 8,591 | 6,583 | 4,944 | |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 3,500 | 20,906 | 5,242 | |||||||||||
| other current liabilities | 109,652 | 25,021 | 16,315 | 9,518 | 8,411 | 5,817 | 5,390 | |||||||
| total current liabilities | 115,509 | 95,744 | 47,527 | 22,558 | 9,618 | 9,461 | 6,616 | 5,390 | 8,795 | 8,983 | 5,865 | 8,591 | 6,583 | 4,944 |
| loans | ||||||||||||||
| hp & lease commitments | 27,501 | 5,619 | ||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 884 | |||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 884 | 27,501 | 5,619 | |||||||||||
| total liabilities | 115,509 | 96,628 | 75,028 | 28,177 | 9,618 | 9,461 | 6,616 | 5,390 | 8,795 | 8,983 | 5,865 | 8,591 | 6,583 | 4,944 |
| net assets | -43,875 | -48,288 | -21,514 | -6,295 | 528 | 47 | 5,993 | 340 | -775 | 500 | 1,786 | 28 | 668 | 4 |
| total shareholders funds | -43,875 | -48,288 | -21,514 | -6,295 | 528 | 47 | 5,993 | 340 | -775 | 500 | 1,786 | 28 | 668 | 4 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 4,255 | 15,603 | 4,140 | 268 | 358 | 478 | 637 | 849 | 1,131 | 1,509 | 2,028 | 56 | ||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | 5,000 | -2,000 | 500 | 900 | 200 | 400 | 200 | 200 | ||||||
| Debtors | 19,874 | 4,494 | -5,150 | 80 | 350 | -3,228 | 7,344 | -1,655 | -595 | 2,044 | 576 | 1,948 | 1,976 | 4,706 |
| Creditors | -93,387 | 94,144 | 599 | 901 | -950 | 251 | 799 | -8,795 | -188 | 3,118 | -2,726 | 8,591 | 1,639 | 4,944 |
| Accruals and Deferred Income | 109,652 | -25,021 | 8,706 | 6,797 | 1,107 | 2,594 | 427 | 5,390 | ||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | 3,500 | -48,407 | 37,546 | 10,861 | ||||||||||
| other long term liabilities | -884 | 884 | ||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 2,675 | -2,987 | 2,385 | 46 | 556 | -15 | 13 | 2 | -19 | 19 | -235 | 235 | -42 | 42 |
| overdraft | ||||||||||||||
| change in cash | 2,675 | -2,987 | 2,385 | 46 | 556 | -15 | 13 | 2 | -19 | 19 | -235 | 235 | -42 | 42 |
essex farm services limited Credit Report and Business Information
Essex Farm Services Limited Competitor Analysis
Perform a competitor analysis for essex farm services limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in CM11 area or any other competitors across 12 key performance metrics.
essex farm services limited Ownership
ESSEX FARM SERVICES LIMITED group structure
Essex Farm Services Limited has no subsidiary companies.
Ultimate parent company
ESSEX FARM SERVICES LIMITED
06768603
essex farm services limited directors
Essex Farm Services Limited currently has 2 directors. The longest serving directors include Mr Michael Cooper (Dec 2008) and Mrs Rita Cooper (Oct 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Cooper | England | 44 years | Dec 2008 | - | Director |
| Mrs Rita Cooper | United Kingdom | 83 years | Oct 2009 | - | Director |
P&L
March 2023turnover
104.2k
-80%
operating profit
5.4k
0%
gross margin
23.6%
+2.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-43.9k
-0.09%
total assets
71.6k
+0.48%
cash
2.7k
0%
net assets
Total assets minus all liabilities
essex farm services limited company details
company number
06768603
Type
Private limited with Share Capital
industry
01610 - Support activities for crop production
incorporation date
December 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
tylde hall outwood common road, ramsden heath, billericay, essex, CM11 1HP
Bank
-
Legal Advisor
-
essex farm services 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 essex farm services limited.
essex farm services 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 ESSEX FARM SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
essex farm services limited Companies House Filings - See Documents
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