agnew equine ltd Company Information
Company Number
07985435
Next Accounts
Dec 2025
Industry
Veterinary activities
Shareholders
robin densem
abigail jayne densem
View AllGroup Structure
View All
Contact
Registered Address
hot lane farm hot lane, biddulph moor, stoke-on-trent, staffordshire, ST8 7HP
Website
http://horsevets.co.ukagnew equine ltd Estimated Valuation
Pomanda estimates the enterprise value of AGNEW EQUINE LTD at £1.3m based on a Turnover of £2.1m and 0.61x industry multiple (adjusted for size and gross margin).
agnew equine ltd Estimated Valuation
Pomanda estimates the enterprise value of AGNEW EQUINE LTD at £0 based on an EBITDA of £-47.5k and a 3.07x industry multiple (adjusted for size and gross margin).
agnew equine ltd Estimated Valuation
Pomanda estimates the enterprise value of AGNEW EQUINE LTD at £815.7k based on Net Assets of £652k and 1.25x industry multiple (adjusted for liquidity).
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Agnew Equine Ltd Overview
Agnew Equine Ltd is a live company located in stoke-on-trent, ST8 7HP with a Companies House number of 07985435. It operates in the veterinary activities sector, SIC Code 75000. Founded in March 2012, it's largest shareholder is robin densem with a 16.7% stake. Agnew Equine Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.
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Agnew Equine Ltd Health Check
Pomanda's financial health check has awarded Agnew Equine Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £2.1m, make it larger than the average company (£1.4m)
- Agnew Equine Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (10.6%)
- Agnew Equine Ltd
10.6% - Industry AVG
Production
with a gross margin of 78.7%, this company has a comparable cost of product (78.7%)
- Agnew Equine Ltd
78.7% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (9.5%)
- Agnew Equine Ltd
9.5% - Industry AVG
Employees
with 19 employees, this is similar to the industry average (21)
19 - Agnew Equine Ltd
21 - Industry AVG
Pay Structure
on an average salary of £35.7k, the company has an equivalent pay structure (£35.7k)
- Agnew Equine Ltd
£35.7k - Industry AVG
Efficiency
resulting in sales per employee of £112k, this is more efficient (£69.6k)
- Agnew Equine Ltd
£69.6k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is later than average (18 days)
- Agnew Equine Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is quicker than average (59 days)
- Agnew Equine Ltd
59 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is less than average (32 days)
- Agnew Equine Ltd
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 128 weeks, this is more cash available to meet short term requirements (19 weeks)
128 weeks - Agnew Equine Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.5%, this is a lower level of debt than the average (46.1%)
31.5% - Agnew Equine Ltd
46.1% - Industry AVG
AGNEW EQUINE LTD financials
Agnew Equine Ltd's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £652 thousand. According to their latest financial statements, Agnew Equine Ltd has 19 employees and maintains cash reserves of £620.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||
Other Income Or Grants | ||||||||||||
Cost Of Sales | ||||||||||||
Gross Profit | ||||||||||||
Admin Expenses | ||||||||||||
Operating Profit | ||||||||||||
Interest Payable | ||||||||||||
Interest Receivable | ||||||||||||
Pre-Tax Profit | ||||||||||||
Tax | ||||||||||||
Profit After Tax | ||||||||||||
Dividends Paid | ||||||||||||
Retained Profit | ||||||||||||
Employee Costs | ||||||||||||
Number Of Employees | 19 | 19 | 17 | 17 | 15 | 15 | 14 | 15 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 108,601 | 107,988 | 105,216 | 94,236 | 88,148 | 100,412 | 93,610 | 88,247 | 77,148 | 97,175 | 35,766 | 41,280 |
Intangible Assets | 0 | 0 | 0 | 40,000 | 80,000 | 120,000 | 160,000 | 200,000 | 240,000 | 280,000 | 320,000 | 360,000 |
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 | 108,601 | 107,988 | 105,216 | 134,236 | 168,148 | 220,412 | 253,610 | 288,247 | 317,148 | 377,175 | 355,766 | 401,280 |
Stock & work in progress | 30,000 | 30,000 | 20,000 | 20,000 | 17,500 | 17,500 | 17,500 | 14,950 | 12,500 | 12,500 | 12,500 | 9,945 |
Trade Debtors | 179,982 | 327,334 | 347,366 | 241,917 | 241,278 | 249,855 | 260,950 | 144,305 | 135,019 | 214,322 | 165,299 | 128,329 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 12,402 | 11,570 | 48,862 | 8,157 | 3,925 | 2,504 | 3,225 | 11,500 | 9,609 | 0 | 0 | 0 |
Cash | 620,487 | 562,415 | 527,356 | 486,707 | 634,150 | 563,837 | 494,143 | 550,599 | 450,164 | 308,068 | 301,910 | 372,933 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 842,871 | 931,319 | 943,584 | 756,781 | 896,853 | 833,696 | 775,818 | 721,354 | 607,292 | 534,890 | 479,709 | 511,207 |
total assets | 951,472 | 1,039,307 | 1,048,800 | 891,017 | 1,065,001 | 1,054,108 | 1,029,428 | 1,009,601 | 924,440 | 912,065 | 835,475 | 912,487 |
Bank overdraft | 10,000 | 10,648 | 10,000 | 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 | 55,403 | 48,553 | 64,852 | 57,626 | 45,756 | 25,185 | 36,179 | 35,411 | 31,287 | 767,173 | 726,077 | 883,141 |
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 | 1,719 | 27,442 | 15,493 | 23,760 | 16,468 | 16,853 | 16,742 | 0 | 0 | 0 |
other current liabilities | 186,054 | 221,924 | 310,041 | 298,741 | 387,602 | 397,299 | 446,515 | 657,646 | 732,992 | 0 | 0 | 0 |
total current liabilities | 251,457 | 281,125 | 386,612 | 383,809 | 448,851 | 446,244 | 499,162 | 709,910 | 781,021 | 767,173 | 726,077 | 883,141 |
loans | 20,833 | 30,665 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 1,719 | 29,161 | 43,168 | 40,177 | 28,700 | 29,819 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,561 | 0 | 0 |
provisions | 27,150 | 20,517 | 19,991 | 17,905 | 19,078 | 19,078 | 17,786 | 17,650 | 14,832 | 19,436 | 6,608 | 8,297 |
total long term liabilities | 47,983 | 51,182 | 59,991 | 19,624 | 48,239 | 62,246 | 57,963 | 46,350 | 44,651 | 65,997 | 6,608 | 8,297 |
total liabilities | 299,440 | 332,307 | 446,603 | 403,433 | 497,090 | 508,490 | 557,125 | 756,260 | 825,672 | 833,170 | 732,685 | 891,438 |
net assets | 652,032 | 707,000 | 602,197 | 487,584 | 567,911 | 545,618 | 472,303 | 253,341 | 98,768 | 78,895 | 102,790 | 21,049 |
total shareholders funds | 652,032 | 707,000 | 602,197 | 487,584 | 567,911 | 545,618 | 472,303 | 253,341 | 98,768 | 78,895 | 102,790 | 21,049 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 34,503 | 33,337 | 32,202 | 27,362 | 28,387 | 31,099 | 28,362 | 25,195 | 23,034 | 28,630 | 11,161 | 12,500 |
Amortisation | 0 | 0 | 0 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 |
Tax | ||||||||||||
Stock | 0 | 10,000 | 0 | 2,500 | 0 | 0 | 2,550 | 2,450 | 0 | 0 | 2,555 | 9,945 |
Debtors | -146,520 | -57,324 | 146,154 | 4,871 | -7,156 | -11,816 | 108,370 | 11,177 | -69,694 | 49,023 | 36,970 | 128,329 |
Creditors | 6,850 | -16,299 | 7,226 | 11,870 | 20,571 | -10,994 | 768 | 4,124 | -735,886 | 41,096 | -157,064 | 883,141 |
Accruals and Deferred Income | -35,870 | -88,117 | 11,300 | -88,861 | -9,697 | -49,216 | -211,131 | -75,346 | 732,992 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 6,633 | 526 | 2,086 | -1,173 | 0 | 1,292 | 136 | 2,818 | -4,604 | 12,828 | -1,689 | 8,297 |
Cash flow from operations | ||||||||||||
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 | -9,832 | -9,335 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | -1,719 | -27,442 | -15,493 | -22,274 | 10,283 | 11,092 | -1,008 | 46,561 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -46,561 | 46,561 | 0 | 0 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 58,072 | 35,059 | 40,649 | -147,443 | 70,313 | 69,694 | -56,456 | 100,435 | 142,096 | 6,158 | -71,023 | 372,933 |
overdraft | -648 | 648 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 58,720 | 34,411 | 30,649 | -147,443 | 70,313 | 69,694 | -56,456 | 100,435 | 142,096 | 6,158 | -71,023 | 372,933 |
agnew equine ltd Credit Report and Business Information
Agnew Equine Ltd Competitor Analysis
Perform a competitor analysis for agnew equine ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in ST8 area or any other competitors across 12 key performance metrics.
agnew equine ltd Ownership
AGNEW EQUINE LTD group structure
Agnew Equine Ltd has no subsidiary companies.
Ultimate parent company
AGNEW EQUINE LTD
07985435
agnew equine ltd directors
Agnew Equine Ltd currently has 6 directors. The longest serving directors include Mr Arnold Agnew (Mar 2012) and Mrs Gayle Agnew (Mar 2012).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Arnold Agnew | United Kingdom | 59 years | Mar 2012 | - | Director |
Mrs Gayle Agnew | United Kingdom | 56 years | Mar 2012 | - | Director |
Mr Robin Densem | United Kingdom | 51 years | Mar 2012 | - | Director |
Mrs Abigail Densem | England | 43 years | Jan 2014 | - | Director |
Mrs Jennifer Pearson | 46 years | Dec 2019 | - | Director | |
Mr Stuart Pearson | 51 years | Dec 2019 | - | Director |
P&L
March 2024turnover
2.1m
-34%
operating profit
-82k
0%
gross margin
78.8%
+1.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
652k
-0.08%
total assets
951.5k
-0.08%
cash
620.5k
+0.1%
net assets
Total assets minus all liabilities
agnew equine ltd company details
company number
07985435
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
March 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
NOLAN JAMES LTD
auditor
-
address
hot lane farm hot lane, biddulph moor, stoke-on-trent, staffordshire, ST8 7HP
Bank
-
Legal Advisor
-
agnew equine 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 did not find charges/mortgages relating to agnew equine ltd.
agnew equine 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.
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agnew equine ltd Companies House Filings - See Documents
date | description | view/download |
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