walsingham estate farming limited

walsingham estate farming limited Company Information

Share WALSINGHAM ESTATE FARMING LIMITED
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EstablishedSmallDeclining

Company Number

07541165

Industry

Growing of cereals (except rice), leguminous crops and oil seeds

 

Shareholders

the walsingham estate company

Group Structure

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Contact

Registered Address

walsingham abbey sunk road, walsingham, norfolk, NR22 6DQ

walsingham estate farming limited Estimated Valuation

£771.5k

Pomanda estimates the enterprise value of WALSINGHAM ESTATE FARMING LIMITED at £771.5k based on a Turnover of £1.3m and 0.58x industry multiple (adjusted for size and gross margin).

walsingham estate farming limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WALSINGHAM ESTATE FARMING LIMITED at £0 based on an EBITDA of £-120.1k and a 3.78x industry multiple (adjusted for size and gross margin).

walsingham estate farming limited Estimated Valuation

£20m

Pomanda estimates the enterprise value of WALSINGHAM ESTATE FARMING LIMITED at £20m based on Net Assets of £12.9m and 1.55x industry multiple (adjusted for liquidity).

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Walsingham Estate Farming Limited Overview

Walsingham Estate Farming Limited is a live company located in norfolk, NR22 6DQ with a Companies House number of 07541165. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in February 2011, it's largest shareholder is the walsingham estate company with a 100% stake. Walsingham Estate Farming Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Walsingham Estate Farming Limited Health Check

Pomanda's financial health check has awarded Walsingham Estate Farming Limited a 4 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 Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£5.1m)

£1.3m - Walsingham Estate Farming Limited

£5.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (7.7%)

-2% - Walsingham Estate Farming Limited

7.7% - Industry AVG

production

Production

with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)

29.5% - Walsingham Estate Farming Limited

29.5% - Industry AVG

profitability

Profitability

an operating margin of -21.3% make it less profitable than the average company (10%)

-21.3% - Walsingham Estate Farming Limited

10% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (39)

5 - Walsingham Estate Farming Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.6k, the company has an equivalent pay structure (£36.6k)

£36.6k - Walsingham Estate Farming Limited

£36.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £268k, this is more efficient (£165.6k)

£268k - Walsingham Estate Farming Limited

£165.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is later than average (34 days)

58 days - Walsingham Estate Farming Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is close to average (38 days)

39 days - Walsingham Estate Farming Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 191 days, this is more than average (87 days)

191 days - Walsingham Estate Farming Limited

87 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 103 weeks, this is more cash available to meet short term requirements (14 weeks)

103 weeks - Walsingham Estate Farming Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.3%, this is a lower level of debt than the average (44.9%)

23.3% - Walsingham Estate Farming Limited

44.9% - Industry AVG

WALSINGHAM ESTATE FARMING LIMITED financials

EXPORTms excel logo

Walsingham Estate Farming Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £12.9 million. According to their latest financial statements, Walsingham Estate Farming Limited has 5 employees and maintains cash reserves of £590 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Turnover1,339,9061,409,9671,109,5731,403,603962,396939,704749,407889,1411,153,0353,085,1001,880,9881,434,175685,803
Other Income Or Grants0000000000000
Cost Of Sales944,454997,537795,8161,033,172693,841668,165521,516631,761812,4462,150,6331,269,289913,981425,278
Gross Profit395,452412,429313,756370,431268,555271,539227,891257,380340,589934,467611,698520,194260,526
Admin Expenses681,127-303,858800,792-727,945-1,420-23,860264,157221,16594,636718,761433,181310,247-16,472
Operating Profit-285,675716,287-487,0361,098,376269,975295,399-36,26636,215245,953215,706178,517209,947276,998
Interest Payable07,29118,65629,53919,0691,3500000000
Interest Receivable26,8449,6551,8939223,2682,1086753356691,2131,622876144
Pre-Tax Profit-258,831718,651-503,7991,069,759254,174296,157-35,59136,550246,623216,919180,139210,822277,142
Tax0-136,5440-203,254-48,293-56,2700-7,310-49,324-45,553-41,432-50,597-72,057
Profit After Tax-258,831582,107-503,799866,505205,881239,887-35,59129,240197,298171,366138,707160,225205,085
Dividends Paid0000000000000
Retained Profit-258,831582,107-503,799866,505205,881239,887-35,59129,240197,298171,366138,707160,225205,085
Employee Costs183,031164,218162,013120,521122,417116,498109,846109,609115,882584,170394,894337,558171,006
Number Of Employees5554444442114126
EBITDA*-120,139831,192-374,3791,209,246399,075410,68779,480150,429293,573220,187183,614223,149286,728

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Tangible Assets1,054,5801,172,5571,597,5571,268,9311,441,208959,750900,903970,9771,049,645840,310216,537196,650180,285
Intangible Assets031,01746,5250024,76849,53674,30499,0720008,833
Investments & Other14,417,38314,279,83214,253,05410,368,08210,368,08210,368,08210,368,08210,368,08200000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets15,471,96315,483,40615,897,13611,637,01311,809,29011,352,60011,318,52111,413,3631,148,717840,310216,537196,650189,118
Stock & work in progress496,564605,449345,043305,447332,278209,919235,284194,232174,775225,925275,579248,786236,312
Trade Debtors215,142158,577204,736271,411189,249189,625133,074196,358261,787615,825304,499218,246127,858
Group Debtors5,726559,13432,70733,24932,86331,96730,70330,70330,7030000
Misc Debtors30,72262,67417,74328,08527,94348,13636,85737,77429,0840000
Cash589,993432,629119,0961,395,339449,594421,809140,359129,661138,722128,962356,182292,77557,536
misc current assets0000000000000
total current assets1,338,1471,818,463719,3252,033,5311,031,927901,456576,277588,728635,071970,712936,260759,807421,706
total assets16,810,11017,301,86916,616,46113,670,54412,841,21712,254,05611,894,79812,002,0911,783,7881,811,0221,152,797956,457610,824
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 101,361230,53140,88086,03963,391171,62891,404125,427112,912356,603337,889275,55694,318
Group/Directors Accounts51,02177,86471,58731,59559,03426,91924,2969,74828,4700000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities145,223224,777133,499195,384112,137129,11873,11773,08895,5990000
total current liabilities297,605533,172245,966313,018234,562327,665188,817208,263236,981356,603337,889275,55694,318
loans00153,500443,500525,00040,0000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000167,131189,6650000
other liabilities17,41841,96066,50291,044115,5860000414,078000
provisions3,603,1982,729,3642,735,22757,53667,12846,50158,67663,62974,73954,3082414,941771
total long term liabilities3,620,6162,771,3242,955,229592,080707,71486,50158,676230,760264,404468,3862414,941771
total liabilities3,918,2213,304,4963,201,195905,098942,276414,166247,493439,023501,385824,989338,130280,49795,089
net assets12,891,88913,997,37313,415,26612,765,44611,898,94111,839,89011,647,30511,563,0681,282,403986,033814,667675,960515,735
total shareholders funds12,891,88913,997,37313,415,26612,765,44611,898,94111,839,89011,647,30511,563,0681,282,403986,033814,667675,960515,735
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Operating Activities
Operating Profit-285,675716,287-487,0361,098,376269,975295,399-36,26636,215245,953215,706178,517209,947276,998
Depreciation134,519114,905112,657110,870104,33290,52090,97889,44647,6204,4815,0974,369897
Amortisation31,01700024,76824,76824,76824,7680008,8338,833
Tax0-136,5440-203,254-48,293-56,2700-7,310-49,324-45,553-41,432-50,597-72,057
Stock-108,885260,40639,596-26,831122,359-25,36541,05219,457-51,150-49,65426,79312,474236,312
Debtors-528,795525,199-77,55982,690-19,67369,094-64,201-56,739-294,251311,32686,25390,388127,858
Creditors-129,170189,651-45,15922,648-108,23780,224-34,02312,515-243,69118,71462,333181,23894,318
Accruals and Deferred Income-79,55491,278-61,88583,247-16,98156,001-167,102-45,045285,2640000
Deferred Taxes & Provisions873,834-5,8632,677,691-9,59220,627-12,175-4,953-11,11020,43154,067-4,7004,170771
Cash flow from operations1,182,651184,1092,234,2311,046,436143,505434,738-103,449136,761651,654-14,25786,769255,098-54,410
Investing Activities
capital expenditure-16,542325,603-487,80861,407-585,790-149,367-20,904-10,778-356,027-628,254-24,984-20,734-198,848
Change in Investments137,55126,7783,884,972000010,368,08200000
cash flow from investments-154,093298,825-4,372,78061,407-585,790-149,367-20,904-10,378,860-356,027-628,254-24,984-20,734-198,848
Financing Activities
Bank loans0000000000000
Group/Directors Accounts-26,8436,27739,992-27,43932,1152,62314,548-18,72228,4700000
Other Short Term Loans 0000000000000
Long term loans0-153,500-290,000-81,500485,00040,0000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities-24,542-24,542-24,542-24,542115,586000-414,078414,078000
share issue-846,65301,153,6190-146,830-47,302119,82810,251,42599,072000310,650
interest26,8442,364-16,763-28,617-15,8017586753356691,2131,622876144
cash flow from financing-871,194-169,401862,306-162,098470,070-3,921135,05110,233,038-285,867415,2911,622876310,794
cash and cash equivalents
cash157,364313,533-1,276,243945,74527,785281,45010,698-9,0619,760-227,22063,407235,23957,536
overdraft0000000000000
change in cash157,364313,533-1,276,243945,74527,785281,45010,698-9,0619,760-227,22063,407235,23957,536

walsingham estate 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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Walsingham Estate Farming Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for walsingham estate farming limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in NR22 area or any other competitors across 12 key performance metrics.

walsingham estate farming limited Ownership

WALSINGHAM ESTATE FARMING LIMITED group structure

Walsingham Estate Farming Limited has no subsidiary companies.

Ultimate parent company

1 parent

WALSINGHAM ESTATE FARMING LIMITED

07541165

WALSINGHAM ESTATE FARMING LIMITED Shareholders

the walsingham estate company 100%

walsingham estate farming limited directors

Walsingham Estate Farming Limited currently has 5 directors. The longest serving directors include Mr William Meath Baker (Feb 2011) and Ms Priscilla Meath Baker (Mar 2011).

officercountryagestartendrole
Mr William Meath BakerEngland65 years Feb 2011- Director
Ms Priscilla Meath BakerUnited Kingdom87 years Mar 2011- Director
The Lady Mayhew Of T Jean Mayhew85 years Mar 2011- Director
Mrs Priscilla Meath BakerUnited Kingdom87 years Mar 2011- Director
Boadicea BakerUnited Kingdom36 years Nov 2020- Director

P&L

December 2023

turnover

1.3m

-5%

operating profit

-285.7k

0%

gross margin

29.6%

+0.9%

turnover

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

Balance Sheet

December 2023

net assets

12.9m

-0.08%

total assets

16.8m

-0.03%

cash

590k

+0.36%

net assets

Total assets minus all liabilities

walsingham estate farming limited company details

company number

07541165

Type

Private limited with Share Capital

industry

01110 - Growing of cereals (except rice), leguminous crops and oil seeds

incorporation date

February 2011

age

13

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

walsingham abbey sunk road, walsingham, norfolk, NR22 6DQ

Bank

-

Legal Advisor

-

walsingham estate 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 did not find charges/mortgages relating to walsingham estate farming limited.

walsingham estate 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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walsingham estate farming limited Companies House Filings - See Documents

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