quinn farm services limited

quinn farm services limited Company Information

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Company Number

07373189

Industry

Freight transport by road

 

Shareholders

david anthony quinn

mary susan quinn

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Group Structure

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Contact

Registered Address

hendon barn shadoxhurst road, woodchurch, ashford, kent, TN26 3QP

quinn farm services limited Estimated Valuation

£391k

Pomanda estimates the enterprise value of QUINN FARM SERVICES LIMITED at £391k based on a Turnover of £944.3k and 0.41x industry multiple (adjusted for size and gross margin).

quinn farm services limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of QUINN FARM SERVICES LIMITED at £1.6m based on an EBITDA of £403.1k and a 4x industry multiple (adjusted for size and gross margin).

quinn farm services limited Estimated Valuation

£751.2k

Pomanda estimates the enterprise value of QUINN FARM SERVICES LIMITED at £751.2k based on Net Assets of £312.6k and 2.4x industry multiple (adjusted for liquidity).

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Quinn Farm Services Limited Overview

Quinn Farm Services Limited is a live company located in ashford, TN26 3QP with a Companies House number of 07373189. It operates in the freight transport by road sector, SIC Code 49410. Founded in September 2010, it's largest shareholder is david anthony quinn with a 25% stake. Quinn Farm Services Limited is a established, small sized company, Pomanda has estimated its turnover at £944.3k with declining growth in recent years.

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Quinn Farm Services Limited Health Check

Pomanda's financial health check has awarded Quinn Farm Services Limited a 3.5 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 Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £944.3k, make it smaller than the average company (£8.7m)

£944.3k - Quinn Farm Services Limited

£8.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (9%)

-16% - Quinn Farm Services Limited

9% - Industry AVG

production

Production

with a gross margin of 22.9%, this company has a comparable cost of product (22.9%)

22.9% - Quinn Farm Services Limited

22.9% - Industry AVG

profitability

Profitability

an operating margin of 26.5% make it more profitable than the average company (5.2%)

26.5% - Quinn Farm Services Limited

5.2% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (58)

5 - Quinn Farm Services Limited

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)

£40.7k - Quinn Farm Services Limited

£40.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £188.9k, this is more efficient (£130.5k)

£188.9k - Quinn Farm Services Limited

£130.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is earlier than average (51 days)

31 days - Quinn Farm Services Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is close to average (29 days)

28 days - Quinn Farm Services Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is more than average (1 days)

17 days - Quinn Farm Services Limited

1 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)

0 weeks - Quinn Farm Services Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.9%, this is a higher level of debt than the average (60.3%)

69.9% - Quinn Farm Services Limited

60.3% - Industry AVG

QUINN FARM SERVICES LIMITED financials

EXPORTms excel logo

Quinn Farm Services Limited's latest turnover from March 2024 is estimated at £944.3 thousand and the company has net assets of £312.6 thousand. According to their latest financial statements, Quinn Farm Services Limited has 5 employees and maintains cash reserves of £1.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Turnover944,3221,031,818996,6671,572,9901,106,0011,287,8591,339,7711,092,723887,54500000
Other Income Or Grants00000000000000
Cost Of Sales727,677810,663785,3911,257,663888,2621,038,7631,070,343865,099708,82500000
Gross Profit216,645221,155211,276315,327217,739249,096269,428227,624178,72000000
Admin Expenses-33,397-2,8739,732402,250367,472-172,684226,537319,333219,46400000
Operating Profit250,042224,028201,544-86,923-149,733421,78042,891-91,709-40,74400000
Interest Payable46,49641,54033,00146,85436,92823,84915,47911,3735,67700000
Interest Receivable369597104153318000000000
Pre-Tax Profit203,915183,085168,647-133,761-186,628398,11127,412-103,082-46,42100000
Tax-50,979-34,786-32,04300-75,641-5,2080000000
Profit After Tax152,936148,299136,604-133,761-186,628322,47022,204-103,082-46,42100000
Dividends Paid00000000000000
Retained Profit152,936148,299136,604-133,761-186,628322,47022,204-103,082-46,42100000
Employee Costs203,691196,126184,917172,355171,038168,520161,705159,958251,95800000
Number Of Employees55555555800000
EBITDA*403,112371,438354,77066,30118,826569,772175,8648,07626,30600000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Tangible Assets827,694729,201479,438914,4211,031,6321,034,1261,182,118947,301603,46500000
Intangible Assets00000000000000
Investments & Other0000000010,46100000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets827,694729,201479,438914,4211,031,6321,034,1261,182,118947,301613,92600000
Stock & work in progress35,00035,00035,00035,00030,00040,00035,00022,00016,45000000
Trade Debtors80,505132,622146,677254,884175,994147,832224,894179,058151,80900000
Group Debtors00000000000000
Misc Debtors94,814182,6680197,002188,138228,952100,35032,07737,48800000
Cash1,61012,43415,65312,01818,77848,05000000000
misc current assets00000000000000
total current assets211,929362,724197,330498,904412,910464,834360,244233,135205,74700000
total assets1,039,6231,091,925676,7681,413,3251,444,5421,498,9601,542,3621,180,436819,67300000
Bank overdraft248,835163,260105,690230,236295,845237,292237,460189,255174,67400000
Bank loan00000000000000
Trade Creditors 56,76964,66138,936134,36456,648117,43685,473107,35244,88000000
Group/Directors Accounts15,6670000202,853488,761298,18322,83300000
other short term finances000072,80749,56049,5600000000
hp & lease commitments82,02456,62056,620103,92592,925169,390169,658171,545149,98100000
other current liabilities32,56788,87892,546128,44142,32699,45591,9026,8682,85600000
total current liabilities435,862373,419293,792596,966560,551875,9861,122,814773,203395,22400000
loans0414,499127,086514,801422,495132,75500000000
hp & lease commitments291,136144,318175,034346,314421,239263,334515,133519,867470,86600000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions0069,46680,45831,71031,71031,71036,865000000
total long term liabilities291,136558,817371,586941,573875,444427,799546,843556,732470,86600000
total liabilities726,998932,236665,3781,538,5391,435,9951,303,7851,669,6571,329,935866,09000000
net assets312,625159,68911,390-125,2148,547195,175-127,295-149,499-46,41700000
total shareholders funds312,625159,68911,390-125,2148,547195,175-127,295-149,499-46,41700000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Operating Activities
Operating Profit250,042224,028201,544-86,923-149,733421,78042,891-91,709-40,74400000
Depreciation153,070147,410153,226153,224168,559147,992132,97399,78567,05000000
Amortisation00000000000000
Tax-50,979-34,786-32,04300-75,641-5,2080000000
Stock0005,000-10,0005,00013,0005,55016,45000000
Debtors-139,971168,613-305,20987,754-12,65251,540114,10921,838189,29700000
Creditors-7,89225,725-95,42877,716-60,78831,963-21,87962,47244,88000000
Accruals and Deferred Income-56,311-3,668-35,89586,115-57,1297,55385,0344,0122,85600000
Deferred Taxes & Provisions0-69,466-10,99248,74800-5,15536,865000000
Cash flow from operations427,901120,630485,621186,126-76,439477,107101,54784,037-131,70500000
Investing Activities
capital expenditure-251,563-397,173281,757-36,013-166,0650-367,790-443,621-670,51500000
Change in Investments0000000-10,46110,46100000
cash flow from investments-251,563-397,173281,757-36,013-166,0650-367,790-433,160-680,97600000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts15,667000-202,853-285,908190,578275,35022,83300000
Other Short Term Loans 000-72,80723,247049,5600000000
Long term loans-414,499287,413-387,71592,306289,740132,75500000000
Hire Purchase and Lease Commitments172,222-30,716-218,585-63,92581,440-252,067-6,62170,565620,84700000
other long term liabilities00000000000000
share issue00000000400000
interest-46,127-40,943-32,897-46,839-36,895-23,669-15,479-11,373-5,67700000
cash flow from financing-272,737215,754-639,197-91,265154,679-428,889218,038334,542638,00700000
cash and cash equivalents
cash-10,824-3,2193,635-6,760-29,27248,05000000000
overdraft85,57557,570-124,546-65,60958,553-16848,20514,581174,67400000
change in cash-96,399-60,789128,18158,849-87,82548,218-48,205-14,581-174,67400000

quinn farm services 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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Quinn Farm Services Limited Competitor Analysis

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Perform a competitor analysis for quinn farm services limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in TN26 area or any other competitors across 12 key performance metrics.

quinn farm services limited Ownership

QUINN FARM SERVICES LIMITED group structure

Quinn Farm Services Limited has no subsidiary companies.

Ultimate parent company

QUINN FARM SERVICES LIMITED

07373189

QUINN FARM SERVICES LIMITED Shareholders

david anthony quinn 25%
mary susan quinn 25%
stewart james quinn 25%
phillip john quinn 25%

quinn farm services limited directors

Quinn Farm Services Limited currently has 6 directors. The longest serving directors include Mr Phillip Quinn (Sep 2010) and Mr Stewart Quinn (Sep 2010).

officercountryagestartendrole
Mr Phillip QuinnEngland42 years Sep 2010- Director
Mr Stewart QuinnEngland39 years Sep 2010- Director
Ms Mary QuinnEngland71 years Sep 2010- Director
Mr David Quinn70 years Sep 2010- Director
Mrs Lucy QuinnEngland40 years Oct 2018- Director
Mrs Rebecca QuinnEngland39 years Oct 2018- Director

P&L

March 2024

turnover

944.3k

-8%

operating profit

250k

0%

gross margin

23%

+7.04%

turnover

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

Balance Sheet

March 2024

net assets

312.6k

+0.96%

total assets

1m

-0.05%

cash

1.6k

-0.87%

net assets

Total assets minus all liabilities

quinn farm services limited company details

company number

07373189

Type

Private limited with Share Capital

industry

49410 - Freight transport by road

incorporation date

September 2010

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

CALCUTT MATTHEWS WBZ LTD

auditor

-

address

hendon barn shadoxhurst road, woodchurch, ashford, kent, TN26 3QP

Bank

-

Legal Advisor

-

quinn farm services 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 5 charges/mortgages relating to quinn farm services limited. Currently there are 1 open charges and 4 have been satisfied in the past.

charges

quinn farm services limited Companies House Filings - See Documents

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