spring garden eggs limited

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spring garden eggs limited Company Information

Share SPRING GARDEN EGGS LIMITED

Company Number

07789974

Shareholders

lord alan george greenock

countess vivien claire cathcart

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Group Structure

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Industry

Raising of poultry

 

Registered Address

gateley hall north elmham, east dereham, norfolk, NR20 5EF

Website

-

spring garden eggs limited Estimated Valuation

£258.9k

Pomanda estimates the enterprise value of SPRING GARDEN EGGS LIMITED at £258.9k based on a Turnover of £872.4k and 0.3x industry multiple (adjusted for size and gross margin).

spring garden eggs limited Estimated Valuation

£237.3k

Pomanda estimates the enterprise value of SPRING GARDEN EGGS LIMITED at £237.3k based on an EBITDA of £76.3k and a 3.11x industry multiple (adjusted for size and gross margin).

spring garden eggs limited Estimated Valuation

£528.7k

Pomanda estimates the enterprise value of SPRING GARDEN EGGS LIMITED at £528.7k based on Net Assets of £257.7k and 2.05x industry multiple (adjusted for liquidity).

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Spring Garden Eggs Limited Overview

Spring Garden Eggs Limited is a live company located in norfolk, NR20 5EF with a Companies House number of 07789974. It operates in the raising of poultry sector, SIC Code 01470. Founded in September 2011, it's largest shareholder is lord alan george greenock with a 90% stake. Spring Garden Eggs Limited is a established, small sized company, Pomanda has estimated its turnover at £872.4k with healthy growth in recent years.

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Spring Garden Eggs Limited Health Check

Pomanda's financial health check has awarded Spring Garden Eggs Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £872.4k, make it smaller than the average company (£16.4m)

£872.4k - Spring Garden Eggs Limited

£16.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.8%)

7% - Spring Garden Eggs Limited

8.8% - Industry AVG

production

Production

with a gross margin of 9.7%, this company has a higher cost of product (17.5%)

9.7% - Spring Garden Eggs Limited

17.5% - Industry AVG

profitability

Profitability

an operating margin of 8.8% make it more profitable than the average company (4.4%)

8.8% - Spring Garden Eggs Limited

4.4% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (46)

6 - Spring Garden Eggs Limited

46 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)

£33.3k - Spring Garden Eggs Limited

£33.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £145.4k, this is less efficient (£445.6k)

£145.4k - Spring Garden Eggs Limited

£445.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (32 days)

60 days - Spring Garden Eggs Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (28 days)

15 days - Spring Garden Eggs Limited

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spring Garden Eggs Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Spring Garden Eggs Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.6%, this is a lower level of debt than the average (51.2%)

11.6% - Spring Garden Eggs Limited

51.2% - Industry AVG

SPRING GARDEN EGGS LIMITED financials

EXPORTms excel logo

Spring Garden Eggs Limited's latest turnover from March 2024 is estimated at £872.4 thousand and the company has net assets of £257.7 thousand. According to their latest financial statements, Spring Garden Eggs Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover872,423745,987612,778708,742669,807465,629422,228564,312123,21398,308282,073434,3521,318,314
Other Income Or Grants
Cost Of Sales788,239686,923549,900629,437604,172403,988357,928486,327107,74185,932239,686367,1261,137,369
Gross Profit84,18559,06462,87879,30565,63661,64164,30077,98515,47212,37642,38767,225180,945
Admin Expenses7,87076,61966,66056,69939,08958,30341,43816,27812,437-6,416-27,3684,616190,589
Operating Profit76,315-17,555-3,78222,60626,5473,33822,86261,7073,03518,79269,75562,609-9,644
Interest Payable
Interest Receivable171718836768452144
Pre-Tax Profit76,315-17,555-3,78222,60626,5473,33822,86261,8793,75319,62870,52363,061-9,500
Tax-19,079-4,295-5,044-634-4,344-12,376-750-4,122-16,220-15,135
Profit After Tax57,236-17,555-3,78218,31121,5032,70418,51849,5033,00215,50654,30347,926-9,500
Dividends Paid
Retained Profit57,236-17,555-3,78218,31121,5032,70418,51849,5033,00215,50654,30347,926-9,500
Employee Costs199,632155,84690,672158,053145,62752,14548,95652,98124,97525,90924,47325,05698,215
Number Of Employees6535522211114
EBITDA*76,315-17,555-3,78222,60626,5473,33822,86261,70729,49845,24396,19788,923-7,519

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets146,858174,000201,142225,670252,637278,993295,948322,280348,743375,039401,349427,791439,934
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets146,858174,000201,142225,670252,637278,993295,948322,280348,743375,039401,349427,791439,934
Stock & work in progress25,20011,8117,54278,06073,850
Trade Debtors144,544180,900178,061159,459152,470142,849118,996142,77020,92317,82730,3566,85558,249
Group Debtors
Misc Debtors
Cash137,030150,096184,362123,00157,742
misc current assets
total current assets144,544180,900178,061159,459152,470142,849118,996142,770183,153179,734222,260207,916189,841
total assets291,402354,900379,203385,129405,107421,842414,944465,050531,896554,773623,609635,707629,775
Bank overdraft
Bank loan
Trade Creditors 33,72714,46121,20923,35326,64219,88015,68614,31014,61418,285104,415186,930639,175
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities33,72714,46121,20923,35326,64219,88015,68614,31014,61418,285104,415186,930639,175
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities140,000140,000140,000175,000220,000220,000290,000380,000400,000400,000400,000
provisions25,94528,15326,36510,251
total long term liabilities140,000140,000140,000175,000220,000220,000290,000405,945428,153426,365410,251
total liabilities33,727154,461161,209163,353201,642239,880235,686304,310420,559446,438530,780597,181639,175
net assets257,675200,439217,994221,776203,465181,962179,258160,740111,337108,33592,82938,526-9,400
total shareholders funds257,675200,439217,994221,776203,465181,962179,258160,740111,337108,33592,82938,526-9,400
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit76,315-17,555-3,78222,60626,5473,33822,86261,7073,03518,79269,75562,609-9,644
Depreciation26,46326,45126,44226,3142,125
Amortisation
Tax-19,079-4,295-5,044-634-4,344-12,376-750-4,122-16,220-15,135
Stock-25,20013,3894,269-70,5184,21073,850
Debtors-36,3562,83918,6026,9899,62123,853-23,774121,8473,096-12,52923,501-51,39458,249
Creditors19,266-6,748-2,144-3,2896,7624,1941,376-304-3,671-86,130-82,515-452,245639,175
Accruals and Deferred Income
Deferred Taxes & Provisions-25,945-2,2081,78816,11410,251
Cash flow from operations112,858-27,142-24,5288,03318,644-16,95543,668-73,5656,384-34,96160,593-321,022499,557
Investing Activities
capital expenditure27,14227,14224,52826,96726,35616,95526,33226,463-167-141-14,171-442,059
Change in Investments
cash flow from investments27,14227,14224,52826,96726,35616,95526,33226,463-167-141-14,171-442,059
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-140,000-35,000-45,000-70,000-90,000-20,000400,000
share issue-100100
interest171718836768452144
cash flow from financing-140,000-35,000-45,000-70,000-89,929-19,282836768400,452244
cash and cash equivalents
cash-137,030-13,066-34,26661,36165,25957,742
overdraft
change in cash-137,030-13,066-34,26661,36165,25957,742

spring garden eggs 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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Spring Garden Eggs Limited Competitor Analysis

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Perform a competitor analysis for spring garden eggs limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in NR20 area or any other competitors across 12 key performance metrics.

spring garden eggs limited Ownership

SPRING GARDEN EGGS LIMITED group structure

Spring Garden Eggs Limited has no subsidiary companies.

Ultimate parent company

SPRING GARDEN EGGS LIMITED

07789974

SPRING GARDEN EGGS LIMITED Shareholders

lord alan george greenock 90%
countess vivien claire cathcart 5%
the earl charles alan cathcart 5%

spring garden eggs limited directors

Spring Garden Eggs Limited currently has 3 directors. The longest serving directors include Lord Alan Greenock (Sep 2011) and Countess Cathcart (Sep 2011).

officercountryagestartendrole
Lord Alan GreenockUnited Kingdom38 years Sep 2011- Director
Countess CathcartUnited Kingdom70 years Sep 2011- Director
The Earl Charles Cathcart72 years Sep 2011- Director

P&L

March 2024

turnover

872.4k

+17%

operating profit

76.3k

0%

gross margin

9.7%

+21.87%

turnover

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

Balance Sheet

March 2024

net assets

257.7k

+0.29%

total assets

291.4k

-0.18%

cash

0

0%

net assets

Total assets minus all liabilities

spring garden eggs limited company details

company number

07789974

Type

Private limited with Share Capital

industry

01470 - Raising of poultry

incorporation date

September 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

LARKING GOWEN LLP

auditor

-

address

gateley hall north elmham, east dereham, norfolk, NR20 5EF

Bank

-

Legal Advisor

-

spring garden eggs 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 spring garden eggs limited.

spring garden eggs 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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spring garden eggs limited Companies House Filings - See Documents

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