l & b carter limited

4.5

l & b carter limited Company Information

Share L & B CARTER LIMITED
Live 
EstablishedSmallDeclining

Company Number

07162174

Website

-

Registered Address

brook house farm allostock, knutsford, cheshire, WA16 9LU

Industry

Mixed farming

 

Growing of other non-perennial crops

 
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Telephone

01565722310

Next Accounts Due

December 2024

Group Structure

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Directors

John Carter14 Years

Elizabeth Carter14 Years

Shareholders

elizabeth sarah carter 50%

john lee carter 50%

l & b carter limited Estimated Valuation

£519.4k

Pomanda estimates the enterprise value of L & B CARTER LIMITED at £519.4k based on a Turnover of £2m and 0.27x industry multiple (adjusted for size and gross margin).

l & b carter limited Estimated Valuation

£774.9k

Pomanda estimates the enterprise value of L & B CARTER LIMITED at £774.9k based on an EBITDA of £272.8k and a 2.84x industry multiple (adjusted for size and gross margin).

l & b carter limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of L & B CARTER LIMITED at £2.3m based on Net Assets of £1.9m and 1.19x industry multiple (adjusted for liquidity).

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L & B Carter Limited AI Business Plan

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L & B Carter Limited Overview

L & B Carter Limited is a live company located in cheshire, WA16 9LU with a Companies House number of 07162174. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in February 2010, it's largest shareholder is elizabeth sarah carter with a 50% stake. L & B Carter Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.

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L & B Carter Limited Health Check

Pomanda's financial health check has awarded L & B Carter Limited a 4.5 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 Rating4.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2m, make it smaller than the average company (£7.2m)

£2m - L & B Carter Limited

£7.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.6%)

-15% - L & B Carter Limited

6.6% - Industry AVG

production

Production

with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)

23.3% - L & B Carter Limited

23.3% - Industry AVG

profitability

Profitability

an operating margin of 5.7% make it as profitable than the average company (5.6%)

5.7% - L & B Carter Limited

5.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (54)

2 - L & B Carter Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)

£31.1k - L & B Carter Limited

£31.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £978.2k, this is more efficient (£121.8k)

£978.2k - L & B Carter Limited

£121.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 50 days, this is later than average (25 days)

50 days - L & B Carter Limited

25 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - L & B Carter Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 76 days, this is more than average (61 days)

76 days - L & B Carter Limited

61 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 136 weeks, this is more cash available to meet short term requirements (16 weeks)

136 weeks - L & B Carter Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.4%, this is a lower level of debt than the average (48%)

14.4% - L & B Carter Limited

48% - Industry AVG

l & b carter 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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L & B Carter Limited Competitor Analysis

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Perform a competitor analysis for l & b carter limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

l & b carter limited Ownership

L & B CARTER LIMITED group structure

L & B Carter Limited has no subsidiary companies.

Ultimate parent company

L & B CARTER LIMITED

07162174

L & B CARTER LIMITED Shareholders

elizabeth sarah carter 50%
john lee carter 50%

l & b carter limited directors

L & B Carter Limited currently has 2 directors. The longest serving directors include Mr John Carter (Feb 2010) and Ms Elizabeth Carter (Mar 2010).

officercountryagestartendrole
Mr John Carter53 years Feb 2010- Director
Ms Elizabeth Carter51 years Mar 2010- Director

L & B CARTER LIMITED financials

EXPORTms excel logo

L & B Carter Limited's latest turnover from March 2023 is estimated at £2 million and the company has net assets of £1.9 million. According to their latest financial statements, L & B Carter Limited has 2 employees and maintains cash reserves of £362.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover1,956,3491,840,9304,702,3103,205,1373,818,0063,800,208105,48192,70292,71354,98739,951178,395623
Other Income Or Grants0000000000000
Cost Of Sales1,499,8321,365,3963,545,1992,441,1022,863,5332,781,15377,86469,76169,13540,75027,945117,140418
Gross Profit456,517475,5341,157,112764,035954,4731,019,05627,61722,94023,57814,23812,00761,255205
Admin Expenses345,702-505,9551,044,928556,179915,466827,296-39,504-133,432-63,946-49,976-33,017-310,897-57
Operating Profit110,815981,489112,184207,85639,007191,76067,121156,37287,52464,21445,024372,152262
Interest Payable11,3733,79600000000000
Interest Receivable13,5431,030000538446388761066165521
Pre-Tax Profit112,985978,723112,184207,85639,007192,29867,568156,76087,60064,31945,639372,704263
Tax-21,467-185,957-21,315-39,493-7,411-36,537-13,513-31,352-18,396-14,793-10,953-96,903-73
Profit After Tax91,518792,76690,869168,36331,596155,76154,054125,40869,20449,52634,686275,801189
Dividends Paid0000000000000
Retained Profit91,518792,76690,869168,36331,596155,76154,054125,40869,20449,52634,686275,801189
Employee Costs62,20656,28653,50851,65151,50550,16149,15425,09725,59724,47023,95146,69623,033
Number Of Employees2222222111121
EBITDA*272,842981,489112,184207,85639,007191,76067,121156,37287,52464,21445,024372,152262

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets1,159,1761,188,1571,121,177355,95029,11929,11929,11929,11929,11929,11929,11929,1190
Intangible Assets0000000000000
Investments & Other00000000400,365325,822263,53400
Debtors (Due After 1 year)0000000000000
Total Fixed Assets1,159,1761,188,1571,121,177355,95029,11929,11929,11929,119429,484354,941292,65329,1190
Stock & work in progress314,905293,71800000000000
Trade Debtors268,899258,495685,067650,357814,373779,3838,3007,3004,8051,7051,70526,6900
Group Debtors0000000000000
Misc Debtors161,648179,7500000401,705401,80500000
Cash362,588274,7310000215,199141,63313,55816,77825,590220,646289
misc current assets17170034,586017171717171717
total current assets1,108,0571,006,711685,067650,357848,959779,383625,221550,75518,38018,50027,312247,353306
total assets2,267,2332,194,8681,806,2441,006,307878,078808,502654,340579,874447,864373,441319,965276,472306
Bank overdraft6261,81900000000000
Bank loan0000000000000
Trade Creditors 00419,73541,71981,85343,8730018,45613,2379,287480115
Group/Directors Accounts00000039,20618,45600000
other short term finances0000000000000
hp & lease commitments57,53064,82300000000000
other current liabilities80,148112,60200006,2646,60200000
total current liabilities138,304179,244419,73541,71981,85343,87345,47025,05818,45613,2379,287480115
loans108,809110,65100000000000
hp & lease commitments056,74800000000000
Accruals and Deferred Income0000000000000
other liabilities00331,0520000000000
provisions80,377000000000000
total long term liabilities189,186167,399331,0520000000000
total liabilities327,490346,643750,78741,71981,85343,87345,47025,05818,45613,2379,287480115
net assets1,939,7431,848,2251,055,457964,588796,225764,629608,870554,816429,408360,204310,678275,992191
total shareholders funds1,939,7431,848,2251,055,457964,588796,225764,629608,870554,816429,408360,204310,678275,992191
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit110,815981,489112,184207,85639,007191,76067,121156,37287,52464,21445,024372,152262
Depreciation162,027000000000000
Amortisation0000000000000
Tax-21,467-185,957-21,315-39,493-7,411-36,537-13,513-31,352-18,396-14,793-10,953-96,903-73
Stock21,187293,71800000000000
Debtors-7,698-246,82234,710-164,01634,990369,378900404,3003,1000-24,98526,6900
Creditors0-419,735378,016-40,13437,98043,8730-18,4565,2193,9508,807365115
Accruals and Deferred Income-32,454112,602000-6,264-3386,60200000
Deferred Taxes & Provisions80,377000000000000
Cash flow from operations285,809441,503434,175292,24534,586-176,54652,370-291,13471,24753,37167,863248,924304
Investing Activities
capital expenditure-133,046-66,980-765,227-326,8310000000-29,1190
Change in Investments0000000-400,36574,54362,288263,53400
cash flow from investments-133,046-66,980-765,227-326,831000400,365-74,543-62,288-263,534-29,1190
Financing Activities
Bank loans0000000000000
Group/Directors Accounts00000-39,20620,75018,45600000
Other Short Term Loans 0000000000000
Long term loans-1,842110,65100000000000
Hire Purchase and Lease Commitments-64,041121,57100000000000
other long term liabilities0-331,052331,0520000000000
share issue02000-20000002
interest2,170-2,766000538446388761066165521
cash flow from financing-63,713-101,594331,05200-38,67021,19618,844761066165523
cash and cash equivalents
cash87,857274,731000-215,19973,566128,075-3,220-8,812-195,056220,357289
overdraft-1,1931,81900000000000
change in cash89,050272,912000-215,19973,566128,075-3,220-8,812-195,056220,357289

P&L

March 2023

turnover

2m

+6%

operating profit

110.8k

0%

gross margin

23.4%

-9.66%

turnover

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

Balance Sheet

March 2023

net assets

1.9m

+0.05%

total assets

2.3m

+0.03%

cash

362.6k

+0.32%

net assets

Total assets minus all liabilities

l & b carter limited company details

company number

07162174

Type

Private limited with Share Capital

industry

01500 - Mixed farming

01190 - Growing of other non-perennial crops

01130 - Growing of vegetables and melons, roots and tubers

incorporation date

February 2010

age

14

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

brook house farm allostock, knutsford, cheshire, WA16 9LU

last accounts submitted

March 2023

l & b carter 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 l & b carter limited.

charges

l & b carter limited Companies House Filings - See Documents

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