hockerwood eggs limited

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hockerwood eggs limited Company Information

Share HOCKERWOOD EGGS LIMITED

Company Number

07182999

Shareholders

iain patrick lynn

esther margaret lynn

Group Structure

View All

Industry

Raising of poultry

 

Registered Address

hockerwood park hockerwood lane, southwell, nottinghamshire, NG25 0PZ

Website

-

hockerwood eggs limited Estimated Valuation

£380.3k

Pomanda estimates the enterprise value of HOCKERWOOD EGGS LIMITED at £380.3k based on a Turnover of £992k and 0.38x industry multiple (adjusted for size and gross margin).

hockerwood eggs limited Estimated Valuation

£758.3k

Pomanda estimates the enterprise value of HOCKERWOOD EGGS LIMITED at £758.3k based on an EBITDA of £188.7k and a 4.02x industry multiple (adjusted for size and gross margin).

hockerwood eggs limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of HOCKERWOOD EGGS LIMITED at £1.4m based on Net Assets of £667.7k and 2.05x industry multiple (adjusted for liquidity).

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Hockerwood Eggs Limited Overview

Hockerwood Eggs Limited is a live company located in nottinghamshire, NG25 0PZ with a Companies House number of 07182999. It operates in the raising of poultry sector, SIC Code 01470. Founded in March 2010, it's largest shareholder is iain patrick lynn with a 60% stake. Hockerwood Eggs Limited is a established, small sized company, Pomanda has estimated its turnover at £992k with high growth in recent years.

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Hockerwood Eggs Limited Health Check

Pomanda's financial health check has awarded Hockerwood Eggs Limited a 4 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 Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £992k, make it smaller than the average company (£16.4m)

£992k - Hockerwood Eggs Limited

£16.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.8%)

16% - Hockerwood Eggs Limited

8.8% - Industry AVG

production

Production

with a gross margin of 17.5%, this company has a comparable cost of product (17.5%)

17.5% - Hockerwood Eggs Limited

17.5% - Industry AVG

profitability

Profitability

an operating margin of 12.4% make it more profitable than the average company (4.4%)

12.4% - Hockerwood Eggs Limited

4.4% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (46)

4 - Hockerwood Eggs Limited

46 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)

£33.3k - Hockerwood Eggs Limited

£33.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £248k, this is less efficient (£445.6k)

£248k - Hockerwood Eggs Limited

£445.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is near the average (32 days)

29 days - Hockerwood Eggs Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (28 days)

15 days - Hockerwood Eggs Limited

28 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 37 days, this is more than average (23 days)

37 days - Hockerwood Eggs Limited

23 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (10 weeks)

58 weeks - Hockerwood Eggs Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.8%, this is a similar level of debt than the average (51.2%)

53.8% - Hockerwood Eggs Limited

51.2% - Industry AVG

HOCKERWOOD EGGS LIMITED financials

EXPORTms excel logo

Hockerwood Eggs Limited's latest turnover from March 2024 is estimated at £992 thousand and the company has net assets of £667.7 thousand. According to their latest financial statements, Hockerwood Eggs Limited has 4 employees and maintains cash reserves of £476.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover991,964629,8251,227,876633,085500,1751,129,194811,428748,171278,993614,8961,352,811284,688268,1132,102
Other Income Or Grants
Cost Of Sales817,965530,0011,001,801520,416422,524932,341659,147612,605230,346492,3491,031,172214,541202,8441,558
Gross Profit174,00099,824226,075112,66877,651196,853152,280135,56648,646122,547321,63870,14665,268544
Admin Expenses50,593-89,079146,641102,535-77,535142,266194,01633,74113,064-48,147191,411-46,902-50,27997,628
Operating Profit123,407188,90379,43410,133155,18654,587-41,736101,82535,582170,694130,227117,048115,547-97,084
Interest Payable27,32229,03521,76020,58821,84827,57729,27525,05521,88320,24516,22316,1109,147
Interest Receivable23,01712,9681,0341261574797207341,3651,19180626710065
Pre-Tax Profit119,103172,83658,709-10,329133,49527,489-70,29177,50415,065151,639114,810101,205106,500-97,019
Tax-29,776-32,839-11,155-25,364-5,223-15,501-3,013-31,844-26,406-24,289-27,690
Profit After Tax89,327139,99747,554-10,329108,13122,266-70,29162,00312,052119,79588,40476,91678,810-97,019
Dividends Paid
Retained Profit89,327139,99747,554-10,329108,13122,266-70,29162,00312,052119,79588,40476,91678,810-97,019
Employee Costs133,088124,677120,897126,443116,502104,29097,912105,96224,97551,818122,36550,11149,10723,254
Number Of Employees44444444125221
EBITDA*188,745261,112156,90994,621246,469147,76959,692162,52287,822227,018150,621139,707171,285-28,243

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets805,615816,068855,388929,459944,636962,1691,049,839751,207739,058775,803792,371341,059360,083412,492
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets805,615816,068855,388929,459944,636962,1691,049,839751,207739,058775,803792,371341,059360,083412,492
Stock & work in progress84,185189,182100,97927,100188,451128,782
Trade Debtors80,21141,4681,49233098328,60944,63933,66829,88939,25471,5392,9692,010214
Group Debtors
Misc Debtors10,4046,40811,7837,63011,32946,91426,8407,913
Cash476,116400,736209,53066,209185,542127,8409288,079299,414246,756229,55792,81114,00625,899
misc current assets63,32320,12319,74265,00064,629
total current assets640,512452,608406,612179,301221,255356,229220,344411,910357,339305,752301,096160,78080,64526,113
total assets1,446,1271,268,6761,262,0001,108,7601,165,8911,318,3981,270,1831,163,1171,096,3971,081,5551,093,467501,839440,728438,605
Bank overdraft40,23740,59241,57330,75941,77047,50652,835
Bank loan42,05341,653
Trade Creditors 35,17626,261239,09677,31768,297249,574115,37696,92729,832104,666253,87382,45471,921
Group/Directors Accounts54,13157,081
other short term finances
hp & lease commitments25,55559,03983,35583,81278,59027,31225,336
other current liabilities350,397314,014168,008120,07392,25568,49860,03318,80919,438
total current liabilities425,810380,867474,232287,188285,677449,390306,834239,232173,340104,666253,87382,45471,921
loans182,181222,712261,669310,730291,742335,297381,470424,414293,647338,017284,911214,255281,436
hp & lease commitments40,90025,55684,595167,950251,76288,113
Accruals and Deferred Income
other liabilities288,037309,173370,645138,460105,480535,524
provisions129,52086,70887,70794,448102,71072,72559,34770,29762,31562,69336,8277,863
total long term liabilities352,601309,420349,376430,734479,047575,972692,579582,824643,999709,883692,383360,578386,916535,524
total liabilities778,411690,287823,608717,922764,7241,025,362999,413822,056817,339814,549946,256443,032458,837535,524
net assets667,716578,389438,392390,838401,167293,036270,770341,061279,058267,006147,21158,807-18,109-96,919
total shareholders funds667,716578,389438,392390,838401,167293,036270,770341,061279,058267,006147,21158,807-18,109-96,919
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit123,407188,90379,43410,133155,18654,587-41,736101,82535,582170,694130,227117,048115,547-97,084
Depreciation65,33872,20977,47584,48891,28393,182101,42860,69752,24056,32420,39422,65955,73868,841
Amortisation
Tax-29,776-32,839-11,155-25,364-5,223-15,501-3,013-31,844-26,406-24,289-27,690
Stock84,185-189,18288,20373,879-161,35159,669128,782
Debtors28,33943,972-4,2133,500-31,325-51,61531,04522,706-1,452-32,28568,5709591,796214
Creditors8,915-212,835161,7799,020-181,277134,19818,44967,095-74,834-149,207171,41910,53371,921
Accruals and Deferred Income36,383146,00647,93527,81823,7578,46541,224-62919,438
Deferred Taxes & Provisions42,812-999-6,741-8,26229,98513,378-10,9507,982-37825,86628,9647,863
Cash flow from operations134,555305,655264,73745,818286,246290,533-51,412198,76330,487104,118256,028132,855213,720-28,457
Investing Activities
capital expenditure-54,885-32,889-3,404-69,311-73,750-5,512-400,060-72,846-15,495-39,756-471,706-3,635-3,329-481,333
Change in Investments
cash flow from investments-54,885-32,889-3,404-69,311-73,750-5,512-400,060-72,846-15,495-39,756-471,706-3,635-3,329-481,333
Financing Activities
Bank loans-42,05340041,653
Group/Directors Accounts-54,131-2,95057,081
Other Short Term Loans
Long term loans-40,531-38,957-49,06118,988-43,555-46,173-42,944130,767-44,37053,10670,656-67,181281,436
Hire Purchase and Lease Commitments40,900-25,555-59,040-83,355-83,812-78,590214,92790,08925,336
other long term liabilities-288,037-21,136-61,472232,18532,980-430,044535,524
share issue100
interest-4,305-16,067-20,726-20,462-21,691-27,098-28,555-24,321-20,518-19,054-15,417-15,843-9,04765
cash flow from financing-3,936-80,579-128,827-84,829-149,058-151,86147,244-94,05238,046-27,420287,424-50,044-157,655535,689
cash and cash equivalents
cash75,380191,206143,321-119,33357,702127,831-288,070-11,33552,65817,199136,74678,805-11,89325,899
overdraft-355-98110,814-11,011-5,736-5,32952,835
change in cash75,735192,187132,507-108,32263,438133,160-340,905-11,33552,65817,199136,74678,805-11,89325,899

hockerwood eggs 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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Hockerwood Eggs Limited Competitor Analysis

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Perform a competitor analysis for hockerwood eggs limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in NG25 area or any other competitors across 12 key performance metrics.

hockerwood eggs limited Ownership

HOCKERWOOD EGGS LIMITED group structure

Hockerwood Eggs Limited has no subsidiary companies.

Ultimate parent company

HOCKERWOOD EGGS LIMITED

07182999

HOCKERWOOD EGGS LIMITED Shareholders

iain patrick lynn 60%
esther margaret lynn 40%

hockerwood eggs limited directors

Hockerwood Eggs Limited currently has 2 directors. The longest serving directors include Mr Iain Lynn (Mar 2010) and Mrs Esther Lynn (Mar 2010).

officercountryagestartendrole
Mr Iain LynnUnited Kingdom46 years Mar 2010- Director
Mrs Esther LynnEngland49 years Mar 2010- Director

P&L

March 2024

turnover

992k

+57%

operating profit

123.4k

0%

gross margin

17.6%

+10.67%

turnover

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

Balance Sheet

March 2024

net assets

667.7k

+0.15%

total assets

1.4m

+0.14%

cash

476.1k

+0.19%

net assets

Total assets minus all liabilities

hockerwood eggs limited company details

company number

07182999

Type

Private limited with Share Capital

industry

01470 - Raising of poultry

incorporation date

March 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

DUNCAN & TOPLIS LIMITED

auditor

-

address

hockerwood park hockerwood lane, southwell, nottinghamshire, NG25 0PZ

Bank

-

Legal Advisor

-

hockerwood eggs 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 hockerwood eggs limited.

hockerwood eggs 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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hockerwood eggs limited Companies House Filings - See Documents

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