hobhole farming limited

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hobhole farming limited Company Information

Share HOBHOLE FARMING LIMITED

Company Number

07267201

Shareholders

c & r needham limited

david ashton limited

Group Structure

View All

Industry

Support activities for crop production

 

Registered Address

5 resolution close, endeavour park, boston, lincolnshire pe217tt, PE21 7TT

Website

-

hobhole farming limited Estimated Valuation

£885.3k

Pomanda estimates the enterprise value of HOBHOLE FARMING LIMITED at £885.3k based on a Turnover of £2.5m and 0.35x industry multiple (adjusted for size and gross margin).

hobhole farming limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HOBHOLE FARMING LIMITED at £0 based on an EBITDA of £0 and a 2.34x industry multiple (adjusted for size and gross margin).

hobhole farming limited Estimated Valuation

£731

Pomanda estimates the enterprise value of HOBHOLE FARMING LIMITED at £731 based on Net Assets of £553 and 1.32x industry multiple (adjusted for liquidity).

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Hobhole Farming Limited Overview

Hobhole Farming Limited is a live company located in boston, PE21 7TT with a Companies House number of 07267201. It operates in the support activities for crop production sector, SIC Code 01610. Founded in May 2010, it's largest shareholder is c & r needham limited with a 66.7% stake. Hobhole Farming Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with declining growth in recent years.

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Hobhole Farming Limited Health Check

Pomanda's financial health check has awarded Hobhole Farming Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £2.5m, make it smaller than the average company (£3.9m)

£2.5m - Hobhole Farming Limited

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (9.3%)

-1% - Hobhole Farming Limited

9.3% - Industry AVG

production

Production

with a gross margin of 10%, this company has a higher cost of product (20.6%)

10% - Hobhole Farming Limited

20.6% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Hobhole Farming Limited

- - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (19)

5 - Hobhole Farming Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)

£49.8k - Hobhole Farming Limited

£49.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £501.1k, this is more efficient (£231.3k)

£501.1k - Hobhole Farming Limited

£231.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (45 days)

70 days - Hobhole Farming Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (42 days)

93 days - Hobhole Farming Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hobhole Farming Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hobhole Farming Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (51.1%)

99.9% - Hobhole Farming Limited

51.1% - Industry AVG

HOBHOLE FARMING LIMITED financials

EXPORTms excel logo

Hobhole Farming Limited's latest turnover from June 2024 is estimated at £2.5 million and the company has net assets of £553. According to their latest financial statements, we estimate that Hobhole Farming Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011
Turnover2,505,5392,237,0422,686,4152,610,5022,166,8631,012,498880,389760,370882,5651,616,9961,168,8061,169,284796,742522,850
Other Income Or Grants
Cost Of Sales2,256,2141,925,1062,352,7922,371,7851,923,567889,136777,828667,370769,5391,441,114995,544979,527662,404442,726
Gross Profit249,325311,937333,623238,717243,296123,362102,56193,000113,026175,883173,262189,757134,33880,124
Admin Expenses249,325311,937333,623238,717241,893121,612100,87591,546112,411175,883173,300189,795134,35380,139
Operating Profit1,4031,7501,6861,454615-38-38-15-15
Interest Payable8151,7501,6511,394615
Interest Receivable38381515
Pre-Tax Profit5883560
Tax-112-7-11
Profit After Tax4762849
Dividends Paid
Retained Profit4762849
Employee Costs248,797189,421230,251248,772196,01482,88084,22478,32875,430118,376112,86079,78079,43877,672
Number Of Employees54565222233222
EBITDA*1,40375,86845,34680,423134,385177,680176,242136,997120,929116,825

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011
Tangible Assets456,034348,919403,703400,629520,855208,82582,250101,160178,329300,435421,115621,928594,457584,606
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets456,034348,919403,703400,629520,855208,82582,250101,160178,329300,435421,115621,928594,457584,606
Stock & work in progress
Trade Debtors481,309517,926578,436640,933428,466357,357352,551350,313355,352263,292265,577304,186243,120157,718
Group Debtors
Misc Debtors14,8306,5025,8937,278
Cash15,2946,074
misc current assets
total current assets481,309517,926578,436640,933428,466372,187359,053356,206362,630263,292265,577319,480243,120163,792
total assets937,343866,845982,1391,041,562949,321581,012441,303457,366540,959563,727686,692941,408837,577748,398
Bank overdraft26,72825,11525,68918,914
Bank loan
Trade Creditors 577,553589,877618,041592,927504,805104,19344,37819,94437,154272,156277,507266,372244,457157,164
Group/Directors Accounts
other short term finances
hp & lease commitments48,67224,96751,57049,964
other current liabilities138,698138,447144,233165,902
total current liabilities577,553589,877618,041592,927504,805318,291232,907241,436271,934272,156277,507266,372244,457157,164
loans
hp & lease commitments76,75420,90627,02878,600
Accruals and Deferred Income
other liabilities359,237276,415363,545448,082443,963185,414186,937188,461189,984291,130408,744674,595592,679591,204
provisions446446362411411411411411
total long term liabilities359,237276,415363,545448,082443,963262,614208,289215,851268,995291,541409,155675,006593,090591,204
total liabilities936,790866,292981,5861,041,009948,768580,905441,196457,287540,929563,697686,662941,378837,547748,368
net assets55355355355355310710779303030303030
total shareholders funds55355355355355310710779303030303030
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011
Operating Activities
Operating Profit1,4031,7501,6861,454615-38-38-15-15
Depreciation74,11843,66078,969133,770177,680176,280137,035120,944116,840
Amortisation
Tax-112-7-11
Stock
Debtors-36,617-60,510-62,497212,46756,27913,1342,847-6,42499,338-2,285-38,60961,06685,402157,718
Creditors-12,324-28,16425,11488,122400,61259,81524,434-17,210-235,002-5,35111,13521,91587,293157,164
Accruals and Deferred Income-138,698251-5,786-21,669165,902
Deferred Taxes & Provisions-44684-49411
Cash flow from operations24,29332,34687,611-124,345206,480122,80061,22447,908-34,053174,614225,98697,846123,231116,271
Investing Activities
capital expenditure-107,11554,784-3,074120,226-312,030-200,693-24,750-1,800-11,664-57,00024,533-164,506-130,795-701,446
Change in Investments
cash flow from investments-107,11554,784-3,074120,226-312,030-200,693-24,750-1,800-11,664-57,00024,533-164,506-130,795-701,446
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-125,42679,553-32,725-49,966128,564
other long term liabilities82,822-87,130-84,5374,119258,549-1,523-1,524-1,523-101,146-117,614-265,85181,9161,475591,204
share issue-3030
interest-815-1,750-1,651-1,394-61538381515
cash flow from financing82,822-87,130-84,5374,119132,27876,280-35,900-52,88326,803-117,614-265,81381,9541,490591,249
cash and cash equivalents
cash-15,29415,294-6,0746,074
overdraft-26,7281,613-5746,77518,914
change in cash26,728-1,613574-6,775-18,914-15,29415,294-6,0746,074

hobhole farming 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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Hobhole Farming Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hobhole farming limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in PE21 area or any other competitors across 12 key performance metrics.

hobhole farming limited Ownership

HOBHOLE FARMING LIMITED group structure

Hobhole Farming Limited has no subsidiary companies.

Ultimate parent company

1 parent

HOBHOLE FARMING LIMITED

07267201

HOBHOLE FARMING LIMITED Shareholders

c & r needham limited 66.67%
david ashton limited 33.33%

hobhole farming limited directors

Hobhole Farming Limited currently has 2 directors. The longest serving directors include Mr Michael Needham (Sep 2010) and Mr Phillip Ashton (Apr 2025).

officercountryagestartendrole
Mr Michael Needham59 years Sep 2010- Director
Mr Phillip AshtonEngland41 years Apr 2025- Director

P&L

June 2024

turnover

2.5m

+12%

operating profit

0

0%

gross margin

10%

-28.64%

turnover

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

Balance Sheet

June 2024

net assets

553

0%

total assets

937.3k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

hobhole farming limited company details

company number

07267201

Type

Private limited with Share Capital

industry

01610 - Support activities for crop production

incorporation date

May 2010

age

15

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

5 resolution close, endeavour park, boston, lincolnshire pe217tt, PE21 7TT

Bank

BARCLAYS BANK PLC

Legal Advisor

-

hobhole farming 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 found 1 charges/mortgages relating to hobhole farming limited. Currently there are 1 open charges and 0 have been satisfied in the past.

hobhole farming 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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hobhole farming limited Companies House Filings - See Documents

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