dewing grain limited
dewing grain limited Company Information
Company Number
07660591
Next Accounts
Mar 2025
Shareholders
andrew richard dewing
ian webster
View AllGroup Structure
View All
Industry
Post-harvest crop activities
Registered Address
dewing grain offices, banningham road, norwich, norfolk, NR11 6LP
Website
www.dewinggrain.co.ukdewing grain limited Estimated Valuation
Pomanda estimates the enterprise value of DEWING GRAIN LIMITED at £29.8m based on a Turnover of £60.8m and 0.49x industry multiple (adjusted for size and gross margin).
dewing grain limited Estimated Valuation
Pomanda estimates the enterprise value of DEWING GRAIN LIMITED at £8m based on an EBITDA of £1.7m and a 4.81x industry multiple (adjusted for size and gross margin).
dewing grain limited Estimated Valuation
Pomanda estimates the enterprise value of DEWING GRAIN LIMITED at £4.3m based on Net Assets of £3.5m and 1.22x industry multiple (adjusted for liquidity).
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Dewing Grain Limited Overview
Dewing Grain Limited is a live company located in norwich, NR11 6LP with a Companies House number of 07660591. It operates in the post-harvest crop activities sector, SIC Code 01630. Founded in June 2011, it's largest shareholder is andrew richard dewing with a 85.5% stake. Dewing Grain Limited is a established, large sized company, Pomanda has estimated its turnover at £60.8m with healthy growth in recent years.
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Dewing Grain Limited Health Check
Pomanda's financial health check has awarded Dewing Grain Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £60.8m, make it larger than the average company (£24.2m)
£60.8m - Dewing Grain Limited
£24.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (5.9%)
14% - Dewing Grain Limited
5.9% - Industry AVG
Production
with a gross margin of 4.7%, this company has a higher cost of product (6.8%)
4.7% - Dewing Grain Limited
6.8% - Industry AVG
Profitability
an operating margin of 2.4% make it more profitable than the average company (1.6%)
2.4% - Dewing Grain Limited
1.6% - Industry AVG
Employees
with 14 employees, this is below the industry average (24)
14 - Dewing Grain Limited
24 - Industry AVG
Pay Structure
on an average salary of £76.6k, the company has a higher pay structure (£44.1k)
£76.6k - Dewing Grain Limited
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £4.3m, this is more efficient (£945.1k)
£4.3m - Dewing Grain Limited
£945.1k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (44 days)
22 days - Dewing Grain Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (35 days)
27 days - Dewing Grain Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (8 days)
4 days - Dewing Grain Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (5 weeks)
19 weeks - Dewing Grain Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a similar level of debt than the average (66.1%)
60.1% - Dewing Grain Limited
66.1% - Industry AVG
DEWING GRAIN LIMITED financials
Dewing Grain Limited's latest turnover from June 2023 is £60.8 million and the company has net assets of £3.5 million. According to their latest financial statements, Dewing Grain Limited has 14 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 60,770,795 | 45,270,210 | 35,486,278 | 41,447,694 | 45,500,772 | 37,452,722 | 36,291,725 | 36,121,844 | 32,115,364 | 30,303,862 | 39,019,168 | 29,466,974 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 57,896,186 | 42,741,375 | 34,301,895 | 40,590,240 | 44,479,788 | 36,586,387 | 35,456,682 | 35,059,272 | 31,163,142 | 29,779,547 | 38,242,865 | 28,844,150 |
| Gross Profit | 2,874,609 | 2,528,835 | 1,184,383 | 857,454 | 1,020,984 | 866,335 | 835,043 | 1,062,572 | 952,222 | 524,315 | 776,303 | 622,824 |
| Admin Expenses | 1,440,403 | 1,376,725 | 899,299 | 778,306 | 940,248 | 841,143 | 777,120 | 754,926 | 651,467 | 507,262 | 531,450 | 386,801 |
| Operating Profit | 1,434,206 | 1,152,110 | 285,084 | 79,148 | 80,736 | 25,192 | 57,923 | 307,646 | 300,755 | 17,053 | 244,853 | 236,023 |
| Interest Payable | 132,572 | 61,978 | 77,260 | 56,472 | 103,455 | 112,852 | 0 | 0 | 648 | 809 | 0 | |
| Interest Receivable | 106,745 | 176 | 81,295 | 189,119 | 190,194 | 158,559 | 45,596 | 10,480 | 32,378 | 0 | 5,575 | 7,721 |
| Pre-Tax Profit | 1,408,379 | 1,090,308 | 275,111 | 190,414 | 167,475 | 70,899 | 103,519 | 318,126 | 332,485 | 16,244 | 250,428 | 243,744 |
| Tax | -296,073 | -218,474 | -70,785 | -38,762 | -32,686 | -15,275 | -23,470 | -65,326 | -69,964 | -5,908 | -55,715 | -48,982 |
| Profit After Tax | 1,112,306 | 871,834 | 204,326 | 151,652 | 134,789 | 55,624 | 80,049 | 252,800 | 262,521 | 10,336 | 194,713 | 194,762 |
| Dividends Paid | 200,000 | 100,000 | 50,000 | 100,000 | 0 | 0 | 53 | 100,000 | 100,000 | 0 | 0 | 31,000 |
| Retained Profit | 921,924 | 785,312 | 178,418 | 51,652 | 134,789 | 55,624 | 79,996 | 152,800 | 162,521 | 10,336 | 194,713 | 163,762 |
| Employee Costs | 1,072,414 | 993,392 | 688,290 | 625,229 | 673,367 | 612,763 | 431,878 | 483,491 | 453,141 | 329,061 | 290,158 | 245,497 |
| Number Of Employees | 14 | 12 | 13 | 13 | 13 | 12 | 11 | 12 | 11 | 10 | 9 | 9 |
| EBITDA* | 1,662,435 | 1,389,633 | 428,138 | 98,927 | 97,298 | 34,200 | 67,094 | 362,679 | 364,383 | 79,856 | 308,178 | 289,769 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,591,705 | 2,860,568 | 2,666,380 | 58,186 | 48,908 | 16,535 | 10,146 | 15,328 | 11,760 | 32,619 | 39,424 | 30,738 |
| Intangible Assets | 74,938 | 105,209 | 135,480 | 0 | 0 | 0 | 0 | 0 | 40,000 | 80,000 | 120,000 | 160,000 |
| Investments & Other | 97,030 | 97,030 | 97,030 | 754,970 | 538,010 | 498,010 | 268,510 | 208,510 | 72,010 | 21,510 | 10 | 10 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 415,835 | 412,396 | 373,617 | 15,000 | 15,000 | 0 | 0 |
| Total Fixed Assets | 3,763,673 | 3,062,807 | 2,898,890 | 813,156 | 586,918 | 930,380 | 691,052 | 597,455 | 138,770 | 149,129 | 159,434 | 190,748 |
| Stock & work in progress | 640,154 | 775,692 | 65,616 | 100,205 | 318,518 | 1,776,338 | 380,789 | 4,810,057 | 1,456,669 | 53,742 | 673,227 | 0 |
| Trade Debtors | 3,664,119 | 5,709,876 | 4,514,281 | 4,737,474 | 5,240,953 | 5,534,551 | 5,861,396 | 4,415,586 | 3,687,123 | 3,901,989 | 4,371,892 | 2,717,998 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 852,008 | 498,198 | 642,783 | 2,049,434 | 2,718,406 | 1,017,831 | 983,478 | 440,788 | 268,718 | 309,638 | 323,751 | 449,907 |
| Cash | 2,443,714 | 744,435 | 154,914 | 294,078 | 466,871 | 318,328 | 57,844 | 2,038,602 | 433,178 | 703,339 | 37,275 | 100,622 |
| misc current assets | 99,000 | 99,000 | 99,000 | 99,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,698,995 | 7,827,201 | 5,476,594 | 7,280,191 | 8,843,748 | 8,647,048 | 7,283,507 | 11,705,033 | 5,845,688 | 4,968,708 | 5,406,145 | 3,268,527 |
| total assets | 11,462,668 | 10,890,008 | 8,375,484 | 8,093,347 | 9,430,666 | 9,577,428 | 7,974,559 | 12,302,488 | 5,984,458 | 5,117,837 | 5,565,579 | 3,459,275 |
| Bank overdraft | 62,975 | 109,405 | 0 | 0 | 0 | 112,913 | 1,213,447 | 0 | 0 | 0 | 1,095,738 | 43,353 |
| Bank loan | 121,067 | 116,211 | 111,378 | 0 | 0 | 0 | 0 | 4,955,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,344,912 | 5,448,282 | 4,647,996 | 4,748,150 | 5,945,903 | 6,926,256 | 5,027,112 | 5,688,789 | 4,858,276 | 4,387,504 | 3,444,978 | 2,548,282 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 100,628 | 295,355 | 148,404 | 98,254 | 129,621 | 273,668 | 273,792 |
| other short term finances | 0 | 0 | 0 | 1,021,344 | 1,080,260 | 1,082,938 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 3,376 | 0 | 0 | 0 | 0 | 0 | 0 | 5,211 | 5,175 | 0 |
| other current liabilities | 1,941,707 | 878,095 | 680,033 | 1,056,033 | 1,175,474 | 273,670 | 430,670 | 670,639 | 494,926 | 221,846 | 357,335 | 409,986 |
| total current liabilities | 6,470,661 | 6,551,993 | 5,442,783 | 6,825,527 | 8,201,637 | 8,496,405 | 6,966,584 | 11,462,832 | 5,451,456 | 4,744,182 | 5,176,894 | 3,275,413 |
| loans | 416,678 | 528,320 | 645,964 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,175 | 0 |
| Accruals and Deferred Income | 0 | 117,871 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 193,871 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 20,000 |
| provisions | 1,195 | 4,760 | 10,499 | 10,675 | 8,888 | 1,671 | 747 | 2,424 | 1,570 | 4,744 | 4,935 | 0 |
| total long term liabilities | 417,873 | 650,951 | 850,334 | 10,675 | 8,888 | 1,671 | 747 | 2,424 | 1,570 | 4,744 | 30,110 | 20,000 |
| total liabilities | 6,888,534 | 7,202,944 | 6,293,117 | 6,836,202 | 8,210,525 | 8,498,076 | 6,967,331 | 11,465,256 | 5,453,026 | 4,748,926 | 5,207,004 | 3,295,413 |
| net assets | 3,537,465 | 2,622,138 | 1,438,333 | 1,257,145 | 1,220,141 | 1,079,352 | 1,007,228 | 837,232 | 531,432 | 368,911 | 358,575 | 163,862 |
| total shareholders funds | 3,537,465 | 2,622,138 | 1,438,333 | 1,257,145 | 1,220,141 | 1,079,352 | 1,007,228 | 837,232 | 531,432 | 368,911 | 358,575 | 163,862 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 1,434,206 | 1,152,110 | 285,084 | 79,148 | 80,736 | 25,192 | 57,923 | 307,646 | 300,755 | 17,053 | 244,853 | 236,023 |
| Depreciation | 197,958 | 216,619 | 122,150 | 19,779 | 16,562 | 9,008 | 9,171 | 15,033 | 23,628 | 22,803 | 23,325 | 13,746 |
| Amortisation | 30,271 | 20,904 | 20,904 | 0 | 0 | 0 | 0 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 |
| Tax | -296,073 | -218,474 | -70,785 | -38,762 | -32,686 | -15,275 | -23,470 | -65,326 | -69,964 | -5,908 | -55,715 | -48,982 |
| Stock | -135,538 | 710,076 | -34,589 | -218,313 | -1,457,820 | 1,395,549 | -4,429,268 | 3,353,388 | 1,402,927 | -619,485 | 673,227 | 0 |
| Debtors | -1,691,947 | 1,051,010 | -1,629,844 | -1,172,451 | 991,142 | -289,053 | 2,027,279 | 1,259,150 | -255,786 | -469,016 | 1,527,738 | 3,167,905 |
| Creditors | -1,103,370 | 800,286 | -100,154 | -1,197,753 | -980,353 | 1,899,144 | -661,677 | 830,513 | 470,772 | 942,526 | 896,696 | 2,548,282 |
| Accruals and Deferred Income | 945,741 | 315,933 | -376,000 | -119,441 | 901,804 | -157,000 | -239,969 | 175,713 | 273,080 | -135,489 | -52,651 | 409,986 |
| Deferred Taxes & Provisions | -3,565 | -5,739 | -176 | 1,787 | 7,217 | 924 | -1,677 | 854 | -3,174 | -191 | 4,935 | 0 |
| Cash flow from operations | 3,032,653 | 520,553 | 1,545,456 | 135,522 | 459,958 | 655,497 | 1,542,290 | -3,308,105 | -112,044 | 1,969,295 | -1,099,522 | 31,150 |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -244,897 | -63,989 | -156,184 | -53,269 | -37,498 | -37,719 | -244,494 |
| Change in Investments | 0 | 0 | -657,940 | 216,960 | 40,000 | 229,500 | 60,000 | 136,500 | 50,500 | 21,500 | 0 | 10 |
| cash flow from investments | 0 | 0 | 657,940 | -216,960 | -40,000 | -474,397 | -123,989 | -292,684 | -103,769 | -58,998 | -37,719 | -244,504 |
| Financing Activities | ||||||||||||
| Bank loans | 4,856 | 4,833 | 111,378 | 0 | 0 | 0 | -4,955,000 | 4,955,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -100,628 | -194,727 | 146,951 | 50,150 | -31,367 | -144,047 | -124 | 273,792 |
| Other Short Term Loans | 0 | 0 | -1,021,344 | -58,916 | -2,678 | 1,082,938 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -111,642 | -117,644 | 645,964 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -3,376 | 3,376 | 0 | 0 | 0 | 0 | 0 | -5,211 | -5,139 | 10,350 | 0 |
| other long term liabilities | 0 | -193,871 | 193,871 | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | 0 | 20,000 |
| share issue | ||||||||||||
| interest | -25,827 | -61,802 | 4,035 | 132,647 | 86,739 | 45,707 | 45,596 | 10,480 | 31,730 | -809 | 5,575 | |
| cash flow from financing | -139,210 | 26,633 | -59,950 | 59,083 | -10,567 | 950,418 | -4,672,453 | 5,168,630 | -4,848 | -169,995 | 15,801 | |
| cash and cash equivalents | ||||||||||||
| cash | 1,699,279 | 589,521 | -139,164 | -172,793 | 148,543 | 260,484 | -1,980,758 | 1,605,424 | -270,161 | 666,064 | -63,347 | 100,622 |
| overdraft | -46,430 | 109,405 | 0 | 0 | -112,913 | -1,100,534 | 1,213,447 | 0 | 0 | -1,095,738 | 1,052,385 | 43,353 |
| change in cash | 1,745,709 | 480,116 | -139,164 | -172,793 | 261,456 | 1,361,018 | -3,194,205 | 1,605,424 | -270,161 | 1,761,802 | -1,115,732 | 57,269 |
dewing grain limited Credit Report and Business Information
Dewing Grain Limited Competitor Analysis
Perform a competitor analysis for dewing grain limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other large companies, companies in NR11 area or any other competitors across 12 key performance metrics.
dewing grain limited Ownership
DEWING GRAIN LIMITED group structure
Dewing Grain Limited has no subsidiary companies.
Ultimate parent company
DEWING GRAIN LIMITED
07660591
dewing grain limited directors
Dewing Grain Limited currently has 8 directors. The longest serving directors include Mr Andrew Dewing (Jun 2011) and Mr Ian Webster (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Dewing | United Kingdom | 62 years | Jun 2011 | - | Director |
| Mr Ian Webster | United Kingdom | 41 years | Jun 2014 | - | Director |
| Mr David Kidner | 62 years | May 2016 | - | Director | |
| Mr Dennis Petersen | United Kingdom | 58 years | May 2016 | - | Director |
| Mr Alan Ridealgh | 68 years | Aug 2017 | - | Director | |
| Mr Joseph Beardshaw | 48 years | Jan 2023 | - | Director | |
| Mr Ben Schadla-Hall | 47 years | Jan 2023 | - | Director | |
| Mr Joshua Dewing | United Kingdom | 34 years | Jan 2023 | - | Director |
P&L
June 2023turnover
60.8m
+34%
operating profit
1.4m
+24%
gross margin
4.8%
-15.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
3.5m
+0.35%
total assets
11.5m
+0.05%
cash
2.4m
+2.28%
net assets
Total assets minus all liabilities
dewing grain limited company details
company number
07660591
Type
Private limited with Share Capital
industry
01630 - Post-harvest crop activities
incorporation date
June 2011
age
14
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
MA PARTNERS AUDIT LLP
address
dewing grain offices, banningham road, norwich, norfolk, NR11 6LP
Bank
SANTADER UK PLC
Legal Advisor
-
dewing grain 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 4 charges/mortgages relating to dewing grain limited. Currently there are 3 open charges and 1 have been satisfied in the past.
dewing grain 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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dewing grain limited Companies House Filings - See Documents
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