harvest direct ltd

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harvest direct ltd Company Information

Share HARVEST DIRECT LTD

Company Number

07561336

Shareholders

marcos martinez

elina beltran

Group Structure

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Industry

Wholesale of fruit and vegetables

 

Registered Address

earlsfield business centre, 9 lydden road, london, SW18 4LT

harvest direct ltd Estimated Valuation

£484.4k

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

£0

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

£707.4k

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

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£21.9m)

£1.8m - Harvest Direct Ltd

£21.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (3.8%)

-24% - Harvest Direct Ltd

3.8% - Industry AVG

production

Production

with a gross margin of 11.9%, this company has a comparable cost of product (11.9%)

11.9% - Harvest Direct Ltd

11.9% - Industry AVG

profitability

Profitability

an operating margin of -21.2% make it less profitable than the average company (2.4%)

-21.2% - Harvest Direct Ltd

2.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (48)

3 - Harvest Direct Ltd

48 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)

£35.4k - Harvest Direct Ltd

£35.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £603.9k, this is more efficient (£462.6k)

£603.9k - Harvest Direct Ltd

£462.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 54 days, this is later than average (35 days)

54 days - Harvest Direct Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (33 days)

23 days - Harvest Direct Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Harvest Direct Ltd

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Turnover1,811,6131,950,8792,414,7744,086,7523,935,1203,815,5462,882,5453,443,4706,859,7794,552,7614,723,4873,304,992
Other Income Or Grants000000000000
Cost Of Sales1,596,1951,676,6252,078,2583,628,4033,537,1533,464,9412,578,4253,074,1746,116,7604,228,5754,347,5672,988,792
Gross Profit215,418274,254336,516458,349397,967350,605304,120369,296743,019324,186375,920316,200
Admin Expenses599,434152,932186,702448,003221,942185,071345,082337,144889,541109,799130,98579,677
Operating Profit-384,016121,322149,81410,346176,025165,534-40,96232,152-146,522214,387244,935236,523
Interest Payable000000000000
Interest Receivable12,43300306005741,2801,43901650
Pre-Tax Profit-371,584121,322149,81410,652176,025165,534-40,38833,431-145,083214,387245,100236,523
Tax0-24,089-28,857-2,024-35,387-34,9030-6,6860-46,301-53,083-54,368
Profit After Tax-371,58497,233120,9578,628140,638130,631-40,38826,745-145,083168,086192,017182,155
Dividends Paid070,000100,0000102,00080,000000121,47526,50010,000
Retained Profit-371,58427,23320,9578,62838,63850,631-40,38826,745-145,08346,611165,517172,155
Employee Costs106,25399,58896,78695,764125,059157,48030,83389,435522,961338,859375,188274,140
Number Of Employees333345131812139
EBITDA*-380,346124,888153,35413,725180,453167,159-38,55735,125-143,910216,997247,447237,298

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Tangible Assets3,1854,0066,5719,83612,03216,4601,8473,6566,6298,07610,1863,102
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets3,1854,0066,5719,83612,03216,4601,8473,6566,6298,07610,1863,102
Stock & work in progress000000000000
Trade Debtors272,053324,691362,345605,110492,351195,178347,785358,890687,569443,403531,168405,239
Group Debtors000000000000
Misc Debtors307,472302,727269,234268,705580,577503,353451,987735,6200350,370119,710137,261
Cash219,086365,973321,485301,699310,265223,778197,889261,360250,509324,966511,317340,403
misc current assets000000000000
total current assets798,611993,391953,0641,175,5141,383,193922,309997,6611,355,870938,0781,118,7391,162,195882,903
total assets801,796997,397959,6351,185,3501,395,225938,769999,5081,359,526944,7071,126,8151,172,381886,005
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 102,94850,13659,658327,202478,378261,504391,426421,301704,081400,133653,725542,197
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities293,987532,230505,466534,594601,921400,977382,425670,8540340,684178,847170,809
total current liabilities396,935582,366565,124861,7961,080,299662,481773,8511,092,155704,081740,817832,572713,006
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities34,12043,28750,000000000000
provisions00000001,3261,3261,6152,037744
total long term liabilities34,12043,28750,00000001,3261,3261,6152,037744
total liabilities431,055625,653615,124861,7961,080,299662,481773,8511,093,481705,407742,432834,609713,750
net assets370,741371,744344,511323,554314,926276,288225,657266,045239,300384,383337,772172,255
total shareholders funds370,741371,744344,511323,554314,926276,288225,657266,045239,300384,383337,772172,255
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Operating Activities
Operating Profit-384,016121,322149,81410,346176,025165,534-40,96232,152-146,522214,387244,935236,523
Depreciation3,6703,5663,5403,3794,4281,6252,4052,9732,6122,6102,512775
Amortisation000000000000
Tax0-24,089-28,857-2,024-35,387-34,9030-6,6860-46,301-53,083-54,368
Stock000000000000
Debtors-47,893-4,161-242,236-199,113374,397-101,241-294,738406,941-106,204142,895108,378542,500
Creditors52,812-9,522-267,544-151,176216,874-129,922-29,875-282,780303,948-253,592111,528542,197
Accruals and Deferred Income-238,24326,764-29,128-67,327200,94418,552-288,429670,854-340,684161,8378,038170,809
Deferred Taxes & Provisions000000-1,3260-289-4221,293744
Cash flow from operations-517,884122,20270,061-7,689188,487122,127-63,4499,572-74,731-64,376206,845354,180
Investing Activities
capital expenditure-2,849-1,001-275-1,1830-16,238-5960-1,165-500-9,596-3,877
Change in Investments000000000000
cash flow from investments-2,849-1,001-275-1,1830-16,238-5960-1,165-500-9,596-3,877
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities-9,167-6,71350,000000000000
share issue370,5810000000000100
interest12,43300306005741,2801,43901650
cash flow from financing373,847-6,71350,000306005741,2801,4390165100
cash and cash equivalents
cash-146,88744,48819,786-8,56686,48725,889-63,47110,851-74,457-186,351170,914340,403
overdraft000000000000
change in cash-146,88744,48819,786-8,56686,48725,889-63,47110,851-74,457-186,351170,914340,403

harvest direct ltd 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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Harvest Direct Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

marcos martinez 60%
elina beltran 40%

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).

officercountryagestartendrole
Mr Marcos Martinez FernandezEngland50 years Mar 2011- Director
Dr Elina Vilar BeltranEngland45 years Mar 2017- Director

P&L

April 2023

turnover

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 2023

net 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

None

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

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