agnew equine ltd

agnew equine ltd Company Information

Share AGNEW EQUINE LTD
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EstablishedSmallDeclining

Company Number

07985435

Industry

Veterinary activities

 

Directors

Arnold Agnew

Gayle Agnew

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Shareholders

robin densem

abigail jayne densem

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Group Structure

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Contact

Registered Address

hot lane farm hot lane, biddulph moor, stoke-on-trent, staffordshire, ST8 7HP

agnew equine ltd Estimated Valuation

£1.3m

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

£0

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

£815.7k

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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2.1m, make it larger than the average company (£1.4m)

£2.1m - Agnew Equine Ltd

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (10.6%)

-13% - Agnew Equine Ltd

10.6% - Industry AVG

production

Production

with a gross margin of 78.7%, this company has a comparable cost of product (78.7%)

78.7% - Agnew Equine Ltd

78.7% - Industry AVG

profitability

Profitability

an operating margin of -3.8% make it less profitable than the average company (9.5%)

-3.8% - Agnew Equine Ltd

9.5% - Industry AVG

employees

Employees

with 19 employees, this is similar to the industry average (21)

19 - Agnew Equine Ltd

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.7k, the company has an equivalent pay structure (£35.7k)

£35.7k - Agnew Equine Ltd

£35.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £112k, this is more efficient (£69.6k)

£112k - Agnew Equine Ltd

£69.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is later than average (18 days)

30 days - Agnew Equine Ltd

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 44 days, this is quicker than average (59 days)

44 days - Agnew Equine Ltd

59 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 24 days, this is less than average (32 days)

24 days - Agnew Equine Ltd

32 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover2,128,8763,247,1044,298,7803,254,0642,442,3973,885,2544,292,5552,430,0023,607,3246,098,9005,643,4725,170,913
Other Income Or Grants000000000000
Cost Of Sales452,805720,511979,229718,206533,237866,224967,363532,346758,4711,298,5921,211,8491,119,766
Gross Profit1,676,0702,526,5933,319,5522,535,8581,909,1603,019,0303,325,1921,897,6562,848,8534,800,3084,431,6234,051,146
Admin Expenses1,758,0312,415,6843,180,1702,616,7451,882,2392,932,4853,057,4801,705,6912,825,9074,825,7284,327,1534,024,388
Operating Profit-81,961110,909139,382-80,88726,92186,545267,712191,96522,946-25,420104,47026,758
Interest Payable4,0584,6801,688000000000
Interest Receivable31,05123,1583,8035605993,9672,6121,2511,8961,5251,687932
Pre-Tax Profit-54,968129,386141,498-80,32727,52090,512270,323193,21624,841-23,895106,15727,691
Tax0-24,583-26,8850-5,229-17,197-51,361-38,643-4,9680-24,416-6,646
Profit After Tax-54,968104,803114,613-80,32722,29173,315218,962154,57319,873-23,89581,74121,045
Dividends Paid000000000000
Retained Profit-54,968104,803114,613-80,32722,29173,315218,962154,57319,873-23,89581,74121,045
Employee Costs677,357628,511521,646511,481464,852424,898373,823414,0001,693,1272,469,5842,237,6032,157,425
Number Of Employees191917171515141564999495
EBITDA*-47,458144,246171,584-13,52595,308157,644336,074257,16085,98043,210155,63179,258

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets108,601107,988105,21694,23688,148100,41293,61088,24777,14897,17535,76641,280
Intangible Assets00040,00080,000120,000160,000200,000240,000280,000320,000360,000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets108,601107,988105,216134,236168,148220,412253,610288,247317,148377,175355,766401,280
Stock & work in progress30,00030,00020,00020,00017,50017,50017,50014,95012,50012,50012,5009,945
Trade Debtors179,982327,334347,366241,917241,278249,855260,950144,305135,019214,322165,299128,329
Group Debtors000000000000
Misc Debtors12,40211,57048,8628,1573,9252,5043,22511,5009,609000
Cash620,487562,415527,356486,707634,150563,837494,143550,599450,164308,068301,910372,933
misc current assets000000000000
total current assets842,871931,319943,584756,781896,853833,696775,818721,354607,292534,890479,709511,207
total assets951,4721,039,3071,048,800891,0171,065,0011,054,1081,029,4281,009,601924,440912,065835,475912,487
Bank overdraft10,00010,64810,000000000000
Bank loan000000000000
Trade Creditors 55,40348,55364,85257,62645,75625,18536,17935,41131,287767,173726,077883,141
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments001,71927,44215,49323,76016,46816,85316,742000
other current liabilities186,054221,924310,041298,741387,602397,299446,515657,646732,992000
total current liabilities251,457281,125386,612383,809448,851446,244499,162709,910781,021767,173726,077883,141
loans20,83330,66540,000000000000
hp & lease commitments0001,71929,16143,16840,17728,70029,819000
Accruals and Deferred Income000000000000
other liabilities00000000046,56100
provisions27,15020,51719,99117,90519,07819,07817,78617,65014,83219,4366,6088,297
total long term liabilities47,98351,18259,99119,62448,23962,24657,96346,35044,65165,9976,6088,297
total liabilities299,440332,307446,603403,433497,090508,490557,125756,260825,672833,170732,685891,438
net assets652,032707,000602,197487,584567,911545,618472,303253,34198,76878,895102,79021,049
total shareholders funds652,032707,000602,197487,584567,911545,618472,303253,34198,76878,895102,79021,049
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit-81,961110,909139,382-80,88726,92186,545267,712191,96522,946-25,420104,47026,758
Depreciation34,50333,33732,20227,36228,38731,09928,36225,19523,03428,63011,16112,500
Amortisation00040,00040,00040,00040,00040,00040,00040,00040,00040,000
Tax0-24,583-26,8850-5,229-17,197-51,361-38,643-4,9680-24,416-6,646
Stock010,00002,500002,5502,450002,5559,945
Debtors-146,520-57,324146,1544,871-7,156-11,816108,37011,177-69,69449,02336,970128,329
Creditors6,850-16,2997,22611,87020,571-10,9947684,124-735,88641,096-157,064883,141
Accruals and Deferred Income-35,870-88,11711,300-88,861-9,697-49,216-211,131-75,346732,992000
Deferred Taxes & Provisions6,6335262,086-1,17301,2921362,818-4,60412,828-1,6898,297
Cash flow from operations76,67563,09719,157-99,060108,10993,345-36,434136,486143,20848,111-67,063825,776
Investing Activities
capital expenditure-35,116-36,109-3,182-33,450-16,123-37,901-33,725-36,294-3,007-90,039-5,647-453,780
Change in Investments000000000000
cash flow from investments-35,116-36,109-3,182-33,450-16,123-37,901-33,725-36,294-3,007-90,039-5,647-453,780
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans-9,832-9,33540,000000000000
Hire Purchase and Lease Commitments0-1,719-27,442-15,493-22,27410,28311,092-1,00846,561000
other long term liabilities00000000-46,56146,56100
share issue000020000004
interest26,99318,4782,1155605993,9672,6121,2511,8961,5251,687932
cash flow from financing17,1617,42414,673-14,933-21,67314,25013,7042431,89648,0861,687936
cash and cash equivalents
cash58,07235,05940,649-147,44370,31369,694-56,456100,435142,0966,158-71,023372,933
overdraft-64864810,000000000000
change in cash58,72034,41130,649-147,44370,31369,694-56,456100,435142,0966,158-71,023372,933

agnew equine 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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Agnew Equine Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

robin densem 16.67%
abigail jayne densem 16.67%
jennifer pearson 16.67%
arnold joseph agnew 16.67%
gayle louise agnew 16.67%
stuart pearson 16.67%

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).

officercountryagestartendrole
Mr Arnold AgnewUnited Kingdom59 years Mar 2012- Director
Mrs Gayle AgnewUnited Kingdom56 years Mar 2012- Director
Mr Robin DensemUnited Kingdom51 years Mar 2012- Director
Mrs Abigail DensemEngland43 years Jan 2014- Director
Mrs Jennifer Pearson46 years Dec 2019- Director
Mr Stuart Pearson51 years Dec 2019- Director

P&L

March 2024

turnover

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 2024

net 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

None

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

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