
Company Number
07267201
Next Accounts
Mar 2026
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
-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).
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).
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 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.
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
2 Strong
1 Regular
6 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£3.9m)
- Hobhole Farming Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (9.3%)
- Hobhole Farming Limited
9.3% - Industry AVG
Production
with a gross margin of 10%, this company has a higher cost of product (20.6%)
- Hobhole Farming Limited
20.6% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Hobhole Farming Limited
- - Industry AVG
Employees
with 5 employees, this is below the industry average (19)
- Hobhole Farming Limited
19 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Hobhole Farming Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £501.1k, this is more efficient (£231.3k)
- Hobhole Farming Limited
£231.3k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (45 days)
- Hobhole Farming Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (42 days)
- Hobhole Farming Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hobhole Farming Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hobhole Farming Limited
- - Industry AVG
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'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 House, Pomanda Estimates
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 2 | 2 | 2 | ||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 456,034 | 348,919 | 403,703 | 400,629 | 520,855 | 208,825 | 82,250 | 101,160 | 178,329 | 300,435 | 421,115 | 621,928 | 594,457 | 584,606 |
Intangible Assets | ||||||||||||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 456,034 | 348,919 | 403,703 | 400,629 | 520,855 | 208,825 | 82,250 | 101,160 | 178,329 | 300,435 | 421,115 | 621,928 | 594,457 | 584,606 |
Stock & work in progress | ||||||||||||||
Trade Debtors | 481,309 | 517,926 | 578,436 | 640,933 | 428,466 | 357,357 | 352,551 | 350,313 | 355,352 | 263,292 | 265,577 | 304,186 | 243,120 | 157,718 |
Group Debtors | ||||||||||||||
Misc Debtors | 14,830 | 6,502 | 5,893 | 7,278 | ||||||||||
Cash | 15,294 | 6,074 | ||||||||||||
misc current assets | ||||||||||||||
total current assets | 481,309 | 517,926 | 578,436 | 640,933 | 428,466 | 372,187 | 359,053 | 356,206 | 362,630 | 263,292 | 265,577 | 319,480 | 243,120 | 163,792 |
total assets | 937,343 | 866,845 | 982,139 | 1,041,562 | 949,321 | 581,012 | 441,303 | 457,366 | 540,959 | 563,727 | 686,692 | 941,408 | 837,577 | 748,398 |
Bank overdraft | 26,728 | 25,115 | 25,689 | 18,914 | ||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 577,553 | 589,877 | 618,041 | 592,927 | 504,805 | 104,193 | 44,378 | 19,944 | 37,154 | 272,156 | 277,507 | 266,372 | 244,457 | 157,164 |
Group/Directors Accounts | ||||||||||||||
other short term finances | ||||||||||||||
hp & lease commitments | 48,672 | 24,967 | 51,570 | 49,964 | ||||||||||
other current liabilities | 138,698 | 138,447 | 144,233 | 165,902 | ||||||||||
total current liabilities | 577,553 | 589,877 | 618,041 | 592,927 | 504,805 | 318,291 | 232,907 | 241,436 | 271,934 | 272,156 | 277,507 | 266,372 | 244,457 | 157,164 |
loans | ||||||||||||||
hp & lease commitments | 76,754 | 20,906 | 27,028 | 78,600 | ||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | 359,237 | 276,415 | 363,545 | 448,082 | 443,963 | 185,414 | 186,937 | 188,461 | 189,984 | 291,130 | 408,744 | 674,595 | 592,679 | 591,204 |
provisions | 446 | 446 | 362 | 411 | 411 | 411 | 411 | 411 | ||||||
total long term liabilities | 359,237 | 276,415 | 363,545 | 448,082 | 443,963 | 262,614 | 208,289 | 215,851 | 268,995 | 291,541 | 409,155 | 675,006 | 593,090 | 591,204 |
total liabilities | 936,790 | 866,292 | 981,586 | 1,041,009 | 948,768 | 580,905 | 441,196 | 457,287 | 540,929 | 563,697 | 686,662 | 941,378 | 837,547 | 748,368 |
net assets | 553 | 553 | 553 | 553 | 553 | 107 | 107 | 79 | 30 | 30 | 30 | 30 | 30 | 30 |
total shareholders funds | 553 | 553 | 553 | 553 | 553 | 107 | 107 | 79 | 30 | 30 | 30 | 30 | 30 | 30 |
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 74,118 | 43,660 | 78,969 | 133,770 | 177,680 | 176,280 | 137,035 | 120,944 | 116,840 | |||||
Amortisation | ||||||||||||||
Tax | ||||||||||||||
Stock | ||||||||||||||
Debtors | -36,617 | -60,510 | -62,497 | 212,467 | 56,279 | 13,134 | 2,847 | -6,424 | 99,338 | -2,285 | -38,609 | 61,066 | 85,402 | 157,718 |
Creditors | -12,324 | -28,164 | 25,114 | 88,122 | 400,612 | 59,815 | 24,434 | -17,210 | -235,002 | -5,351 | 11,135 | 21,915 | 87,293 | 157,164 |
Accruals and Deferred Income | -138,698 | 251 | -5,786 | -21,669 | 165,902 | |||||||||
Deferred Taxes & Provisions | -446 | 84 | -49 | 411 | ||||||||||
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 | -125,426 | 79,553 | -32,725 | -49,966 | 128,564 | |||||||||
other long term liabilities | 82,822 | -87,130 | -84,537 | 4,119 | 258,549 | -1,523 | -1,524 | -1,523 | -101,146 | -117,614 | -265,851 | 81,916 | 1,475 | 591,204 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -15,294 | 15,294 | -6,074 | 6,074 | ||||||||||
overdraft | -26,728 | 1,613 | -574 | 6,775 | 18,914 | |||||||||
change in cash | 26,728 | -1,613 | 574 | -6,775 | -18,914 | -15,294 | 15,294 | -6,074 | 6,074 |
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 group structure
Hobhole Farming Limited has no subsidiary companies.
Hobhole Farming Limited currently has 2 directors. The longest serving directors include Mr Michael Needham (Sep 2010) and Mr Phillip Ashton (Apr 2025).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Needham | 59 years | Sep 2010 | - | Director | |
Mr Phillip Ashton | England | 41 years | Apr 2025 | - | Director |
P&L
June 2024turnover
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 2024net assets
553
0%
total assets
937.3k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
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
-
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.
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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