argrain holdings limited
argrain holdings limited Company Information
Company Number
07768488
Next Accounts
Mar 2025
Industry
Post-harvest crop activities
Shareholders
derek padgett
david padgett
View AllGroup Structure
View All
Contact
Registered Address
mill farm raskelf, york, YO61 3LB
Website
www.argrain.co.ukargrain holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ARGRAIN HOLDINGS LIMITED at £55.6m based on a Turnover of £96.3m and 0.58x industry multiple (adjusted for size and gross margin).
argrain holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ARGRAIN HOLDINGS LIMITED at £21.8m based on an EBITDA of £3.9m and a 5.64x industry multiple (adjusted for size and gross margin).
argrain holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ARGRAIN HOLDINGS LIMITED at £16.3m based on Net Assets of £12.8m and 1.28x industry multiple (adjusted for liquidity).
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Argrain Holdings Limited Overview
Argrain Holdings Limited is a live company located in york, YO61 3LB with a Companies House number of 07768488. It operates in the post-harvest crop activities sector, SIC Code 01630. Founded in September 2011, it's largest shareholder is derek padgett with a 46.6% stake. Argrain Holdings Limited is a established, large sized company, Pomanda has estimated its turnover at £96.3m with high growth in recent years.
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Argrain Holdings Limited Health Check
Pomanda's financial health check has awarded Argrain Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £96.3m, make it larger than the average company (£25.8m)
£96.3m - Argrain Holdings Limited
£25.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (5.9%)
22% - Argrain Holdings Limited
5.9% - Industry AVG
Production
with a gross margin of 6.8%, this company has a comparable cost of product (6.8%)
6.8% - Argrain Holdings Limited
6.8% - Industry AVG
Profitability
an operating margin of 3.4% make it more profitable than the average company (1.6%)
3.4% - Argrain Holdings Limited
1.6% - Industry AVG
Employees
with 33 employees, this is similar to the industry average (28)
33 - Argrain Holdings Limited
28 - Industry AVG
Pay Structure
on an average salary of £44.1k, the company has an equivalent pay structure (£44.1k)
£44.1k - Argrain Holdings Limited
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.9m, this is more efficient (£964.7k)
£2.9m - Argrain Holdings Limited
£964.7k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is near the average (44 days)
36 days - Argrain Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (35 days)
31 days - Argrain Holdings Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is more than average (9 days)
13 days - Argrain Holdings Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Argrain Holdings Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48%, this is a lower level of debt than the average (66.1%)
48% - Argrain Holdings Limited
66.1% - Industry AVG
ARGRAIN HOLDINGS LIMITED financials
Argrain Holdings Limited's latest turnover from June 2023 is £96.3 million and the company has net assets of £12.8 million. According to their latest financial statements, Argrain Holdings Limited has 33 employees and maintains cash reserves of £12 thousand 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 | 96,310,695 | 81,677,272 | 55,457,824 | 52,904,405 | 51,188,525 | 45,982,883 | 39,045,071 | 43,547,225 | 42,186,518 | 47,702,814 | 60,254,390 | 29,563,942 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 89,785,618 | 76,479,804 | 52,055,414 | 49,815,073 | 48,236,061 | 43,376,175 | 36,466,390 | 41,141,112 | 45,405,475 | 57,622,348 | 28,292,471 | |
| Gross Profit | 6,525,077 | 5,197,468 | 3,402,410 | 3,089,332 | 2,952,464 | 2,606,708 | 2,578,681 | 2,406,113 | 2,297,339 | 2,632,042 | 1,271,471 | |
| Admin Expenses | 3,233,692 | 2,686,581 | 2,142,145 | 2,277,271 | 2,335,907 | 1,915,134 | 1,842,448 | 1,731,759 | 1,608,389 | 1,759,429 | 577,317 | |
| Operating Profit | 3,291,385 | 2,510,887 | 1,260,265 | 812,061 | 616,557 | 691,574 | 736,233 | 674,354 | 391,944 | 688,950 | 872,613 | 694,154 |
| Interest Payable | 235,167 | 115,943 | 75,133 | 42,940 | 28,732 | 20,721 | 25,841 | 27,599 | 27,522 | 52,808 | 56,140 | 25,237 |
| Interest Receivable | 94,314 | 20,850 | 6,713 | 12,515 | 0 | 21,663 | 17,304 | 13,298 | 497 | 7 | 30 | 21 |
| Pre-Tax Profit | 3,148,732 | 2,415,494 | 1,191,695 | 781,336 | 587,375 | 693,641 | 727,696 | 660,053 | 364,919 | 636,245 | 816,638 | 669,073 |
| Tax | -641,555 | -465,836 | -288,638 | -170,883 | -171,554 | -139,488 | -151,055 | -135,505 | -65,959 | -148,031 | -162,798 | -99,054 |
| Profit After Tax | 2,507,177 | 1,949,658 | 903,057 | 610,453 | 415,821 | 554,153 | 576,641 | 524,548 | 298,960 | 488,214 | 653,840 | 570,019 |
| Dividends Paid | 176,000 | 237,000 | 198,000 | 180,000 | 180,000 | 82,000 | 104,000 | 144,000 | 0 | 16,920 | 213,180 | 0 |
| Retained Profit | 2,331,177 | 1,712,658 | 705,057 | 430,453 | 235,821 | 472,153 | 472,641 | 380,548 | 298,960 | 471,294 | 440,660 | 570,019 |
| Employee Costs | 1,456,313 | 1,028,500 | 893,116 | 971,583 | 965,534 | 830,653 | 762,320 | 750,252 | 903,677 | 712,391 | 907,168 | 738,435 |
| Number Of Employees | 33 | 31 | 28 | 29 | 31 | 27 | 25 | 25 | 24 | 24 | 21 | 20 |
| EBITDA* | 3,858,194 | 3,039,290 | 1,828,347 | 1,358,568 | 1,071,438 | 1,074,972 | 1,083,971 | 986,984 | 684,335 | 962,157 | 1,184,086 | 1,195,732 |
* 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 | 9,806,425 | 9,112,738 | 9,180,170 | 6,678,731 | 6,213,822 | 5,040,864 | 4,790,860 | 4,499,275 | 4,446,969 | 3,737,177 | 3,405,361 | 3,334,279 |
| Intangible Assets | 12,375 | 8,167 | 11,667 | 0 | -46,179 | -58,612 | -70,695 | -85,281 | -99,227 | -111,509 | -118,113 | -175,694 |
| Investments & Other | 0 | 1,800 | 2,100 | 2,250 | 2,550 | 3,000 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,818,800 | 9,122,705 | 9,193,937 | 6,680,981 | 6,170,193 | 4,985,252 | 4,722,040 | 4,415,869 | 4,349,617 | 3,627,543 | 3,289,123 | 3,160,460 |
| Stock & work in progress | 3,222,069 | 3,278,436 | 1,598,061 | 1,897,720 | 1,849,647 | 1,496,852 | 925,986 | 1,112,230 | 893,480 | 1,434,360 | 2,806,531 | 1,029,598 |
| Trade Debtors | 9,706,080 | 11,569,058 | 6,921,637 | 6,117,831 | 6,519,982 | 5,300,785 | 4,692,153 | 5,047,116 | 4,626,890 | 5,098,039 | 7,505,624 | 6,739,111 |
| Group Debtors | 0 | 0 | 0 | 0 | 342,901 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,777,800 | 807,402 | 360,512 | 281,260 | 342,498 | 517,531 | 877,801 | 660,033 | 573,847 | 229,037 | 173,109 | 229,229 |
| Cash | 11,993 | 9,665 | 213,699 | 4,423 | 8,116 | 34,638 | 4,766 | 590 | 10,538 | 3 | 203,243 | 9 |
| misc current assets | 0 | 0 | 0 | 104,187 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,717,942 | 15,664,561 | 9,093,909 | 8,405,421 | 9,063,144 | 7,349,806 | 6,500,706 | 6,819,969 | 6,104,755 | 6,761,439 | 10,688,507 | 7,997,947 |
| total assets | 24,536,742 | 24,787,266 | 18,287,846 | 15,086,402 | 15,233,337 | 12,335,058 | 11,222,746 | 11,235,838 | 10,454,372 | 10,388,982 | 13,977,630 | 11,158,407 |
| Bank overdraft | 237,711 | 1,389,868 | 225,984 | 551,883 | 1,215,295 | 421,643 | 890,356 | 609,072 | 1,381,642 | 621,020 | 1,127,704 | 1,700,525 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 102,881 | 2,098,581 | 96,081 |
| Trade Creditors | 7,637,085 | 8,598,747 | 5,288,277 | 4,903,438 | 4,744,101 | 4,179,716 | 2,879,914 | 3,891,635 | 2,832,944 | 3,556,043 | 4,488,473 | 3,945,907 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 342,901 | 0 | 0 | 0 | 0 | 212,104 | 112,555 | 80,744 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 53,834 | 71,379 | 80,438 | 70,541 | 76,434 | 95,888 | 94,004 | 0 | 11,785 | 33,276 | 40,446 | 21,535 |
| other current liabilities | 1,422,389 | 1,471,825 | 844,965 | 551,534 | 290,082 | 520,100 | 579,784 | 634,914 | 465,648 | 439,369 | 855,985 | 604,641 |
| total current liabilities | 9,351,019 | 11,531,819 | 6,439,664 | 6,077,396 | 6,668,813 | 5,217,347 | 4,444,058 | 5,135,621 | 4,692,019 | 4,964,693 | 8,723,744 | 6,449,433 |
| loans | 2,104,707 | 2,504,090 | 2,816,540 | 678,100 | 766,112 | 28,134 | 75,228 | 121,570 | 163,437 | 124,692 | 229,819 | 330,579 |
| hp & lease commitments | 21,379 | 75,212 | 59,381 | 120,861 | 76,380 | 152,814 | 248,702 | 0 | 0 | 11,786 | 45,062 | 29,391 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 33,746 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 307,555 | 255,240 | 267,914 | 177,009 | 153,195 | 93,747 | 83,895 | 80,425 | 81,242 | 69,098 | 231,586 | 42,245 |
| total long term liabilities | 2,433,641 | 2,834,542 | 3,143,835 | 1,009,716 | 995,687 | 274,695 | 407,825 | 201,995 | 244,679 | 205,576 | 506,467 | 402,215 |
| total liabilities | 11,784,660 | 14,366,361 | 9,583,499 | 7,087,112 | 7,664,500 | 5,492,042 | 4,851,883 | 5,337,616 | 4,936,698 | 5,170,269 | 9,230,211 | 6,851,648 |
| net assets | 12,752,082 | 10,420,905 | 8,704,347 | 7,999,290 | 7,568,837 | 6,843,016 | 6,370,863 | 5,898,222 | 5,517,674 | 5,218,713 | 4,747,419 | 4,306,759 |
| total shareholders funds | 12,752,082 | 10,420,905 | 8,704,347 | 7,999,290 | 7,568,837 | 6,843,016 | 6,370,863 | 5,898,222 | 5,517,674 | 5,218,713 | 4,747,419 | 4,306,759 |
| 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 | 3,291,385 | 2,510,887 | 1,260,265 | 812,061 | 616,557 | 691,574 | 736,233 | 674,354 | 391,944 | 688,950 | 872,613 | 694,154 |
| Depreciation | 561,017 | 524,903 | 536,669 | 534,074 | 442,448 | 371,315 | 333,152 | 298,683 | 284,310 | 268,520 | 253,892 | 215,293 |
| Amortisation | 5,792 | 3,500 | 31,413 | 12,433 | 12,433 | 12,083 | 14,586 | 13,947 | 8,081 | 4,687 | 57,581 | 286,285 |
| Tax | -641,555 | -465,836 | -288,638 | -170,883 | -171,554 | -139,488 | -151,055 | -135,505 | -65,959 | -148,031 | -162,798 | -99,054 |
| Stock | -56,367 | 1,680,375 | -299,659 | 48,073 | 352,795 | 570,866 | -186,244 | 218,750 | -540,880 | -1,372,171 | 1,776,933 | 1,029,598 |
| Debtors | -892,580 | 5,094,311 | 883,058 | -806,290 | 1,387,065 | 248,362 | -137,195 | 506,412 | -126,339 | -2,351,657 | 710,393 | 6,968,340 |
| Creditors | -961,662 | 3,310,470 | 384,839 | 159,337 | 564,385 | 1,299,802 | -1,011,721 | 1,058,691 | -723,099 | -932,430 | 542,566 | 3,945,907 |
| Accruals and Deferred Income | -49,436 | 626,860 | 293,431 | 261,452 | -230,018 | -59,684 | -55,130 | 169,266 | 26,279 | -416,616 | 251,344 | 604,641 |
| Deferred Taxes & Provisions | 52,315 | -12,674 | 90,905 | 23,814 | 59,448 | 9,852 | 3,470 | -817 | 12,144 | -162,488 | 189,341 | 42,245 |
| Cash flow from operations | 3,206,803 | -276,576 | 1,725,485 | 2,390,505 | -446,161 | 1,366,226 | 192,974 | 1,353,457 | 600,919 | 3,026,420 | -482,787 | -2,308,467 |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -567,249 | -594,269 | -418,528 | -1,018,338 | -591,550 | -325,182 | 142,750 |
| Change in Investments | -1,800 | -300 | -150 | -300 | -450 | 1,125 | 0 | 0 | 0 | 0 | 0 | 1,875 |
| cash flow from investments | 1,800 | 300 | 150 | 300 | 450 | -568,374 | -594,269 | -418,528 | -1,018,338 | -591,550 | -325,182 | 140,875 |
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -102,881 | -1,995,700 | 2,002,500 | 96,081 |
| Group/Directors Accounts | 0 | 0 | 0 | -342,901 | 342,901 | 0 | 0 | 0 | -212,104 | 99,549 | 31,811 | 80,744 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -399,383 | -312,450 | 2,138,440 | -88,012 | 737,978 | -47,094 | -46,342 | -41,867 | 38,745 | -105,127 | -100,760 | 330,579 |
| Hire Purchase and Lease Commitments | -71,378 | 6,772 | -51,583 | 38,588 | -95,888 | -94,004 | 342,706 | -11,785 | -33,277 | -40,446 | 34,582 | 50,926 |
| other long term liabilities | 0 | 0 | -33,746 | 33,746 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -140,853 | -95,093 | -68,420 | -30,425 | -28,732 | 942 | -8,537 | -14,301 | -27,025 | -52,801 | -56,110 | -25,216 |
| cash flow from financing | -611,614 | -396,871 | 1,984,691 | -389,004 | 1,446,259 | -140,156 | 287,827 | -67,953 | -336,541 | -2,094,525 | 1,912,023 | 4,269,854 |
| cash and cash equivalents | ||||||||||||
| cash | 2,328 | -204,034 | 209,276 | -3,693 | -26,522 | 29,872 | 4,176 | -9,948 | 10,535 | -203,240 | 203,234 | 9 |
| overdraft | -1,152,157 | 1,163,884 | -325,899 | -663,412 | 793,652 | -468,713 | 281,284 | -772,570 | 760,622 | -506,684 | -572,821 | 1,700,525 |
| change in cash | 1,154,485 | -1,367,918 | 535,175 | 659,719 | -820,174 | 498,585 | -277,108 | 762,622 | -750,087 | 303,444 | 776,055 | -1,700,516 |
argrain holdings limited Credit Report and Business Information
Argrain Holdings Limited Competitor Analysis
Perform a competitor analysis for argrain holdings limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other large companies, companies in YO61 area or any other competitors across 12 key performance metrics.
argrain holdings limited Ownership
ARGRAIN HOLDINGS LIMITED group structure
Argrain Holdings Limited has 1 subsidiary company.
argrain holdings limited directors
Argrain Holdings Limited currently has 2 directors. The longest serving directors include Mr David Padgett (Sep 2011) and Mr Richard Padgett (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Padgett | United Kingdom | 60 years | Sep 2011 | - | Director |
| Mr Richard Padgett | 57 years | Jul 2023 | - | Director |
P&L
June 2023turnover
96.3m
+18%
operating profit
3.3m
+31%
gross margin
6.8%
+6.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
12.8m
+0.22%
total assets
24.5m
-0.01%
cash
12k
+0.24%
net assets
Total assets minus all liabilities
argrain holdings limited company details
company number
07768488
Type
Private limited with Share Capital
industry
01630 - Post-harvest crop activities
incorporation date
September 2011
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
HUNTER HEE HOLROYD
address
mill farm raskelf, york, YO61 3LB
Bank
HSBC BANK PLC
Legal Advisor
-
argrain holdings 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 9 charges/mortgages relating to argrain holdings limited. Currently there are 5 open charges and 4 have been satisfied in the past.
argrain holdings 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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argrain holdings limited Companies House Filings - See Documents
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