harvest direct ltd Company Information
Company Number
07561336
Next Accounts
4 days late
Shareholders
marcos martinez
elina beltran
Group Structure
View All
Industry
Wholesale of fruit and vegetables
Registered Address
earlsfield business centre, 9 lydden road, london, SW18 4LT
Website
www.harvestdirect.co.ukharvest direct ltd Estimated Valuation
Pomanda estimates the enterprise value of HARVEST DIRECT LTD at £484.4k based on a Turnover of £1.8m and 0.27x industry multiple (adjusted for size and gross margin).
harvest direct ltd Estimated Valuation
Pomanda estimates the enterprise value of HARVEST DIRECT LTD at £0 based on an EBITDA of £-380.3k and a 3.43x industry multiple (adjusted for size and gross margin).
harvest direct ltd Estimated Valuation
Pomanda estimates the enterprise value of HARVEST DIRECT LTD at £707.4k based on Net Assets of £370.7k and 1.91x industry multiple (adjusted for liquidity).
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Harvest Direct Ltd Overview
Harvest Direct Ltd is a live company located in london, SW18 4LT with a Companies House number of 07561336. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in March 2011, it's largest shareholder is marcos martinez with a 60% stake. Harvest Direct Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.
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Harvest Direct Ltd Health Check
Pomanda's financial health check has awarded Harvest Direct Ltd 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£21.9m)
- Harvest Direct Ltd
£21.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (3.8%)
- Harvest Direct Ltd
3.8% - Industry AVG
Production
with a gross margin of 11.9%, this company has a comparable cost of product (11.9%)
- Harvest Direct Ltd
11.9% - Industry AVG
Profitability
an operating margin of -21.2% make it less profitable than the average company (2.4%)
- Harvest Direct Ltd
2.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (48)
3 - Harvest Direct Ltd
48 - Industry AVG
Pay Structure
on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)
- Harvest Direct Ltd
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £603.9k, this is more efficient (£462.6k)
- Harvest Direct Ltd
£462.6k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (35 days)
- Harvest Direct Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (33 days)
- Harvest Direct Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harvest Direct Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (12 weeks)
28 weeks - Harvest Direct Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.8%, this is a lower level of debt than the average (63%)
53.8% - Harvest Direct Ltd
63% - Industry AVG
HARVEST DIRECT LTD financials
Harvest Direct Ltd's latest turnover from April 2023 is estimated at £1.8 million and the company has net assets of £370.7 thousand. According to their latest financial statements, Harvest Direct Ltd has 3 employees and maintains cash reserves of £219.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,950,879 | 2,414,774 | 3,935,120 | 3,815,546 | 4,552,761 | 4,723,487 | 3,304,992 | |||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Cost Of Sales | 1,676,625 | 2,078,258 | 3,537,153 | 3,464,941 | 4,228,575 | 4,347,567 | 2,988,792 | |||||
Gross Profit | 274,254 | 336,516 | 397,967 | 350,605 | 324,186 | 375,920 | 316,200 | |||||
Admin Expenses | 152,932 | 186,702 | 221,942 | 185,071 | 109,799 | 130,985 | 79,677 | |||||
Operating Profit | 121,322 | 149,814 | 176,025 | 165,534 | 214,387 | 244,935 | 236,523 | |||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 165 | 0 | |||||
Pre-Tax Profit | 121,322 | 149,814 | 176,025 | 165,534 | 214,387 | 245,100 | 236,523 | |||||
Tax | -24,089 | -28,857 | -35,387 | -34,903 | -46,301 | -53,083 | -54,368 | |||||
Profit After Tax | 97,233 | 120,957 | 140,638 | 130,631 | 168,086 | 192,017 | 182,155 | |||||
Dividends Paid | 70,000 | 100,000 | 102,000 | 80,000 | 121,475 | 26,500 | 10,000 | |||||
Retained Profit | 27,233 | 20,957 | 38,638 | 50,631 | 46,611 | 165,517 | 172,155 | |||||
Employee Costs | ||||||||||||
Number Of Employees | 3 | 3 | 3 | 3 | 4 | 5 | 1 | 3 | ||||
EBITDA* | 124,888 | 153,354 | 180,453 | 167,159 | 216,997 | 247,447 | 237,298 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,185 | 4,006 | 6,571 | 9,836 | 12,032 | 16,460 | 1,847 | 3,656 | 6,629 | 8,076 | 10,186 | 3,102 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 3,185 | 4,006 | 6,571 | 9,836 | 12,032 | 16,460 | 1,847 | 3,656 | 6,629 | 8,076 | 10,186 | 3,102 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 272,053 | 324,691 | 362,345 | 605,110 | 492,351 | 195,178 | 347,785 | 358,890 | 687,569 | 443,403 | 531,168 | 405,239 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 307,472 | 302,727 | 269,234 | 268,705 | 580,577 | 503,353 | 451,987 | 735,620 | 0 | 350,370 | 119,710 | 137,261 |
Cash | 219,086 | 365,973 | 321,485 | 301,699 | 310,265 | 223,778 | 197,889 | 261,360 | 250,509 | 324,966 | 511,317 | 340,403 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 798,611 | 993,391 | 953,064 | 1,175,514 | 1,383,193 | 922,309 | 997,661 | 1,355,870 | 938,078 | 1,118,739 | 1,162,195 | 882,903 |
total assets | 801,796 | 997,397 | 959,635 | 1,185,350 | 1,395,225 | 938,769 | 999,508 | 1,359,526 | 944,707 | 1,126,815 | 1,172,381 | 886,005 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 102,948 | 50,136 | 59,658 | 327,202 | 478,378 | 261,504 | 391,426 | 421,301 | 704,081 | 400,133 | 653,725 | 542,197 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 293,987 | 532,230 | 505,466 | 534,594 | 601,921 | 400,977 | 382,425 | 670,854 | 0 | 340,684 | 178,847 | 170,809 |
total current liabilities | 396,935 | 582,366 | 565,124 | 861,796 | 1,080,299 | 662,481 | 773,851 | 1,092,155 | 704,081 | 740,817 | 832,572 | 713,006 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 34,120 | 43,287 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,326 | 1,326 | 1,615 | 2,037 | 744 |
total long term liabilities | 34,120 | 43,287 | 50,000 | 0 | 0 | 0 | 0 | 1,326 | 1,326 | 1,615 | 2,037 | 744 |
total liabilities | 431,055 | 625,653 | 615,124 | 861,796 | 1,080,299 | 662,481 | 773,851 | 1,093,481 | 705,407 | 742,432 | 834,609 | 713,750 |
net assets | 370,741 | 371,744 | 344,511 | 323,554 | 314,926 | 276,288 | 225,657 | 266,045 | 239,300 | 384,383 | 337,772 | 172,255 |
total shareholders funds | 370,741 | 371,744 | 344,511 | 323,554 | 314,926 | 276,288 | 225,657 | 266,045 | 239,300 | 384,383 | 337,772 | 172,255 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | 121,322 | 149,814 | 176,025 | 165,534 | 214,387 | 244,935 | 236,523 | |||||
Depreciation | 3,670 | 3,566 | 3,540 | 3,379 | 4,428 | 1,625 | 2,405 | 2,973 | 2,612 | 2,610 | 2,512 | 775 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -24,089 | -28,857 | -35,387 | -34,903 | -46,301 | -53,083 | -54,368 | |||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -47,893 | -4,161 | -242,236 | -199,113 | 374,397 | -101,241 | -294,738 | 406,941 | -106,204 | 142,895 | 108,378 | 542,500 |
Creditors | 52,812 | -9,522 | -267,544 | -151,176 | 216,874 | -129,922 | -29,875 | -282,780 | 303,948 | -253,592 | 111,528 | 542,197 |
Accruals and Deferred Income | -238,243 | 26,764 | -29,128 | -67,327 | 200,944 | 18,552 | -288,429 | 670,854 | -340,684 | 161,837 | 8,038 | 170,809 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -1,326 | 0 | -289 | -422 | 1,293 | 744 |
Cash flow from operations | 122,202 | 70,061 | 188,487 | 122,127 | -64,376 | 206,845 | 354,180 | |||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -9,167 | -6,713 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||
interest | 0 | 0 | 0 | 0 | 0 | 165 | 0 | |||||
cash flow from financing | -6,713 | 50,000 | 0 | 0 | 0 | 165 | 100 | |||||
cash and cash equivalents | ||||||||||||
cash | -146,887 | 44,488 | 19,786 | -8,566 | 86,487 | 25,889 | -63,471 | 10,851 | -74,457 | -186,351 | 170,914 | 340,403 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -146,887 | 44,488 | 19,786 | -8,566 | 86,487 | 25,889 | -63,471 | 10,851 | -74,457 | -186,351 | 170,914 | 340,403 |
harvest direct ltd Credit Report and Business Information
Harvest Direct Ltd Competitor Analysis
Perform a competitor analysis for harvest direct ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SW18 area or any other competitors across 12 key performance metrics.
harvest direct ltd Ownership
HARVEST DIRECT LTD group structure
Harvest Direct Ltd has no subsidiary companies.
Ultimate parent company
HARVEST DIRECT LTD
07561336
harvest direct ltd directors
Harvest Direct Ltd currently has 2 directors. The longest serving directors include Mr Marcos Martinez Fernandez (Mar 2011) and Dr Elina Vilar Beltran (Mar 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Marcos Martinez Fernandez | England | 50 years | Mar 2011 | - | Director |
Dr Elina Vilar Beltran | England | 45 years | Mar 2017 | - | Director |
P&L
April 2023turnover
1.8m
-7%
operating profit
-384k
0%
gross margin
11.9%
-15.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
370.7k
0%
total assets
801.8k
-0.2%
cash
219.1k
-0.4%
net assets
Total assets minus all liabilities
harvest direct ltd company details
company number
07561336
Type
Private limited with Share Capital
industry
46310 - Wholesale of fruit and vegetables
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
earlsfield business centre, 9 lydden road, london, SW18 4LT
Bank
-
Legal Advisor
-
harvest direct ltd 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 harvest direct ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
harvest direct ltd 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.
Click to start generating capital raising & share issue transactions for HARVEST DIRECT LTD. This can take several minutes, an email will notify you when this has completed.
harvest direct ltd Companies House Filings - See Documents
date | description | view/download |
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