Pomanda estimates the enterprise value of FARRINGTONS CONTRACTS LIMITED at £185.4k based on a Turnover of £678.5k and 0.27x industry multiple (adjusted for size and gross margin).
farringtons contracts limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FARRINGTONS CONTRACTS LIMITED at £0 based on an EBITDA of £-160.6k and a 2.56x industry multiple (adjusted for size and gross margin).
farringtons contracts limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FARRINGTONS CONTRACTS LIMITED at £0 based on Net Assets of £-134.7k and 1.8x industry multiple (adjusted for liquidity).
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Farringtons Contracts LimitedOverview
Farringtons Contracts Limited is a live company located in mold, CH7 6DF with a Companies House number of 07143705. It operates in the growing of vegetables and melons, roots and tubers sector, SIC Code 01130. Founded in February 2010, it's largest shareholder is
farringtons holdings limited
with a 100% stake. Farringtons Contracts Limited is a established,
small sized company, Pomanda has estimated its turnover at
£678.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Farringtons Contracts Limited a 2.5 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 Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £678.5k, make it smaller than the average company (£8.6m)
£678.5k - Farringtons Contracts Limited
£8.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (8.1%)
-33% - Farringtons Contracts Limited
8.1% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (30.2%)
17.1% - Farringtons Contracts Limited
30.2% - Industry AVG
Profitability
an operating margin of -23.7% make it less profitable than the average company (3.2%)
-23.7% - Farringtons Contracts Limited
3.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (49)
3 - Farringtons Contracts Limited
49 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
£30.4k - Farringtons Contracts Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £226.2k, this is more efficient (£142.4k)
£226.2k - Farringtons Contracts Limited
£142.4k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (19 days)
8 days - Farringtons Contracts Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 251 days, this is slower than average (35 days)
251 days - Farringtons Contracts Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Farringtons Contracts Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Farringtons Contracts Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132.7%, this is a higher level of debt than the average (57.3%)
132.7% - Farringtons Contracts Limited
57.3% - Industry AVG
FARRINGTONS CONTRACTS LIMITED financials
EXPORT
Farringtons Contracts Limited's latest turnover from February 2024 is estimated at £678.5 thousand and the company has net assets of -£134.7 thousand. According to their latest financial statements, Farringtons Contracts Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Turnover
678,500
761,696
3,988,355
2,215,853
1,978,481
1,697,272
811,780
99,912
135,242
63,880
102,102
215,387
83,045
49,261
Other Income Or Grants
Cost Of Sales
562,566
637,247
3,253,961
1,859,795
1,657,486
1,407,149
655,517
81,325
110,510
53,445
83,580
172,040
66,760
39,321
Gross Profit
115,934
124,450
734,393
356,058
320,996
290,123
156,263
18,587
24,732
10,436
18,522
43,347
16,285
9,940
Admin Expenses
276,569
-351,443
664,735
535,292
416,649
429,063
141,154
18,460
25,817
9,589
18,763
44,009
14,393
-24,688
Operating Profit
-160,635
475,893
69,658
-179,234
-95,653
-138,940
15,109
127
-1,085
847
-241
-662
1,892
34,628
Interest Payable
2,600
4,658
4,141
2,699
974
Interest Receivable
4
16
9
6
18
29
Pre-Tax Profit
-160,635
475,893
67,058
-183,892
-99,794
-141,639
14,135
131
-1,069
856
-235
-644
1,922
34,628
Tax
-90,420
-12,741
-2,686
-26
-180
-500
-7,370
Profit After Tax
-160,635
385,473
54,317
-183,892
-99,794
-141,639
11,449
105
-1,069
676
-235
-644
1,422
27,258
Dividends Paid
26,800
Retained Profit
-160,635
385,473
54,317
-183,892
-99,794
-141,639
11,449
105
-1,069
676
-235
-644
1,422
458
Employee Costs
91,061
114,998
328,762
296,429
362,024
483,286
266,420
92,395
21,912
21,562
20,979
21,653
19,800
20,661
Number Of Employees
3
4
12
12
15
20
11
4
1
1
1
1
1
1
EBITDA*
-160,635
475,893
142,572
-113,332
-42,075
-86,428
39,330
127
126
3,094
2,006
1,586
4,139
35,564
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Tangible Assets
396,916
494,031
564,551
635,118
553,015
596,394
355,877
100
100
1,311
3,558
5,805
8,053
10,300
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
396,916
494,031
564,551
635,118
553,015
596,394
355,877
100
100
1,311
3,558
5,805
8,053
10,300
Stock & work in progress
745,136
598,122
666,173
460,291
4,526
Trade Debtors
15,057
56,105
714,582
63,512
169,944
112,448
28,331
13,967
19,429
8,627
15,211
30,110
9,741
1,833
Group Debtors
Misc Debtors
11,667
13,642
22,164
28,300
14,198
135
Cash
3
3
8
339
2,793
3,586
75
2,293
4,869
6,892
misc current assets
total current assets
15,057
67,772
728,224
830,812
796,369
778,624
502,828
18,967
22,222
12,213
15,286
32,403
14,610
8,725
total assets
411,973
561,803
1,292,775
1,465,930
1,349,384
1,375,018
858,705
19,067
22,322
13,524
18,844
38,208
22,663
19,025
Bank overdraft
29,997
72,708
50,000
29,971
Bank loan
Trade Creditors
387,543
275,231
1,367,993
1,375,297
1,014,134
817,665
416,124
10,784
20,693
10,584
16,131
34,811
18,422
6,143
Group/Directors Accounts
other short term finances
hp & lease commitments
111,744
98,396
other current liabilities
11,146
244,922
127,074
6,553
total current liabilities
387,543
275,231
1,367,993
1,517,038
1,196,384
1,112,587
573,169
17,337
20,693
10,584
16,131
34,811
18,422
6,143
loans
50,000
hp & lease commitments
311,768
366,116
Accruals and Deferred Income
112,899
58,458
28,541
other liabilities
46,252
202,200
255,800
375,753
257,219
9,511
provisions
15,868
15,868
15,868
17
21
263
712
1,161
1,611
2,163
total long term liabilities
159,151
260,658
284,341
361,768
381,984
391,621
273,087
17
21
263
712
1,161
1,611
11,674
total liabilities
546,694
535,889
1,652,334
1,878,806
1,578,368
1,504,208
846,256
17,354
20,714
10,847
16,843
35,972
20,033
17,817
net assets
-134,721
25,914
-359,559
-412,876
-228,984
-129,190
12,449
1,713
1,608
2,677
2,001
2,236
2,630
1,208
total shareholders funds
-134,721
25,914
-359,559
-412,876
-228,984
-129,190
12,449
1,713
1,608
2,677
2,001
2,236
2,630
1,208
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Operating Activities
Operating Profit
-160,635
475,893
69,658
-179,234
-95,653
-138,940
15,109
127
-1,085
847
-241
-662
1,892
34,628
Depreciation
72,914
65,902
53,578
52,512
24,221
1,211
2,247
2,247
2,248
2,247
936
Amortisation
Tax
-90,420
-12,741
-2,686
-26
-180
-500
-7,370
Stock
-745,136
147,014
-68,051
205,882
460,291
4,526
Debtors
-52,715
-660,452
642,548
-112,568
85,796
69,919
42,529
-5,327
10,802
-6,584
-14,899
20,369
7,908
1,833
Creditors
112,312
-1,092,762
-7,304
361,163
196,469
401,541
416,124
-9,909
10,109
-5,547
-18,680
16,389
12,279
6,143
Accruals and Deferred Income
54,441
29,917
28,541
-11,146
-233,776
117,848
127,074
6,553
Deferred Taxes & Provisions
-15,868
15,868
-4
-242
-449
-449
-450
-552
2,163
Cash flow from operations
58,833
-16,920
253,656
186,371
-97,127
157,160
92,890
-2,458
-809
3,502
-2,224
-2,844
7,458
34,667
Investing Activities
capital expenditure
97,115
70,520
-2,347
-148,005
-10,199
-293,029
-380,098
-11,236
Change in Investments
cash flow from investments
97,115
70,520
-2,347
-148,005
-10,199
-293,029
-380,098
-11,236
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-50,000
50,000
Hire Purchase and Lease Commitments
-423,512
-41,000
464,512
other long term liabilities
-155,948
-53,600
255,800
-375,753
118,534
257,219
-9,511
9,511
share issue
-1,000
1,000
250
750
interest
-2,600
-4,658
-4,141
-2,699
-974
4
16
9
6
18
29
cash flow from financing
-155,948
-53,600
-221,312
4,342
84,618
115,835
257,245
4
16
9
6
268
-9,482
10,261
cash and cash equivalents
cash
-3
-5
8
-2,454
-793
3,511
-2,218
-2,576
-2,023
6,892
overdraft
-29,997
-42,711
22,708
20,029
29,971
change in cash
29,997
42,708
-22,708
-20,034
-29,963
-2,454
-793
3,511
-2,218
-2,576
-2,023
6,892
farringtons contracts limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for farringtons contracts limited. Get real-time insights into farringtons contracts limited's credit score, group structure and payment trends.
Perform a competitor analysis for farringtons contracts limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in CH7 area or any other competitors across 12 key performance metrics.
farringtons contracts limited Ownership
FARRINGTONS CONTRACTS LIMITED group structure
Farringtons Contracts Limited has no subsidiary companies.
Ultimate parent company
FARRINGTONS CONTRACTS LIMITED
07143705
FARRINGTONS CONTRACTS LIMITED Shareholders
The sole shareholder of Farringtons Contracts Limited is Farringtons Holdings Limited.
farringtons holdings limited
100%
farringtons contracts limited directors
Farringtons Contracts Limited currently has 1 director, Mr Paul Farrington serving since Feb 2010.
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 2 charges/mortgages relating to farringtons contracts limited. Currently there are 1 open charges and 1 have been satisfied in the past.
farringtons contracts 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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farringtons contracts limitedCompanies House Filings - See Documents
