grant farming limited

grant farming limited Company Information

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Company Number

08206833

Industry

Activities of agricultural holding companies

 

Directors

Paul Grant

Mark Grant

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Shareholders

linda may whatton

paul john grant & jarred thomas wright & courtney william kilham

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Group Structure

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Contact

Registered Address

laburnum house main road, langrick, boston, lincolnshire, PE22 7AN

Website

-

grant farming limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of GRANT FARMING LIMITED at £3.4m based on a Turnover of £3m and 1.15x industry multiple (adjusted for size and gross margin).

grant farming limited Estimated Valuation

£6.2m

Pomanda estimates the enterprise value of GRANT FARMING LIMITED at £6.2m based on an EBITDA of £1.4m and a 4.35x industry multiple (adjusted for size and gross margin).

grant farming limited Estimated Valuation

£6.4m

Pomanda estimates the enterprise value of GRANT FARMING LIMITED at £6.4m based on Net Assets of £5.9m and 1.09x industry multiple (adjusted for liquidity).

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Grant Farming Limited Overview

Grant Farming Limited is a live company located in boston, PE22 7AN with a Companies House number of 08206833. It operates in the activities of agricultural holding companies sector, SIC Code 64201. Founded in September 2012, it's largest shareholder is linda may whatton with a 99.8% stake. Grant Farming Limited is a established, small sized company, Pomanda has estimated its turnover at £3m with healthy growth in recent years.

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Grant Farming Limited Health Check

Pomanda's financial health check has awarded Grant Farming Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £3m, make it smaller than the average company (£20.6m)

£3m - Grant Farming Limited

£20.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.1%)

7% - Grant Farming Limited

8.1% - Industry AVG

production

Production

with a gross margin of 21%, this company has a comparable cost of product (21%)

21% - Grant Farming Limited

21% - Industry AVG

profitability

Profitability

an operating margin of 38.7% make it more profitable than the average company (4.8%)

38.7% - Grant Farming Limited

4.8% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (100)

7 - Grant Farming Limited

100 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)

£36.2k - Grant Farming Limited

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £427.4k, this is more efficient (£175.4k)

£427.4k - Grant Farming Limited

£175.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is near the average (33 days)

29 days - Grant Farming Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 68 days, this is slower than average (36 days)

68 days - Grant Farming Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 122 days, this is more than average (43 days)

122 days - Grant Farming Limited

43 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Grant Farming Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.8%, this is a higher level of debt than the average (47.3%)

53.8% - Grant Farming Limited

47.3% - Industry AVG

GRANT FARMING LIMITED financials

EXPORTms excel logo

Grant Farming Limited's latest turnover from June 2023 is estimated at £3 million and the company has net assets of £5.9 million. According to their latest financial statements, Grant Farming Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Sep 2013
Turnover2,991,9243,326,3871,992,5282,469,1981,529,1772,035,9931,548,7151,073,730000
Other Income Or Grants00000000000
Cost Of Sales2,364,9722,672,1081,606,1531,910,8241,158,0071,582,5971,135,234807,635000
Gross Profit626,952654,279386,375558,374371,171453,396413,482266,095000
Admin Expenses-529,737234,250270,379131,634-21,696283,300-108,467-953,594000
Operating Profit1,156,689420,029115,996426,740392,867170,096521,9491,219,689000
Interest Payable500,823337,823261,109216,380208,179186,080168,67985,501000
Interest Receivable00000406668929000
Pre-Tax Profit655,86782,206-145,113210,359184,688-15,578353,9371,135,118000
Tax-163,967-15,6190-39,968-35,0910-67,248-227,023000
Profit After Tax491,90066,587-145,113170,391149,597-15,578286,689908,094000
Dividends Paid00000000000
Retained Profit491,90066,587-145,113170,391149,597-15,578286,689908,094000
Employee Costs253,338228,589218,232246,307242,041252,554198,722141,516000
Number Of Employees77789975000
EBITDA*1,419,900665,721275,939640,669608,982406,019699,3631,310,517000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Sep 2013
Tangible Assets9,767,0539,127,0189,013,0018,971,0109,043,3149,223,3769,130,6429,076,673000
Intangible Assets000026,57525,94643,24460,542000
Investments & Other1,1561,1561,1561,1561,1561,1561,1561,1577,874,95800
Debtors (Due After 1 year)1,682,8801,707,880000000000
Total Fixed Assets11,451,08910,836,0549,014,1578,972,1669,071,0459,250,4789,175,0429,138,3727,874,95800
Stock & work in progress795,292452,438461,867430,365563,152000000
Trade Debtors242,256457,925286,380392,447168,211318,835265,734194,032000
Group Debtors000006,24600000
Misc Debtors173,552140,0311,758,5511,758,246897,873203,218193,34357,624000
Cash000000162,413371,761000
misc current assets00000572,996423,506328,850000
total current assets1,211,1001,050,3942,506,7982,581,0581,629,2361,101,2951,044,996952,267000
total assets12,662,18911,886,44811,520,95511,553,22410,700,28110,351,77310,220,03810,090,6397,874,95800
Bank overdraft605,351586,363159,6511,156,165907,387504,475156,637108,239000
Bank loan00264,94000000000
Trade Creditors 443,318649,517289,454326,449208,679278,162176,343136,176000
Group/Directors Accounts829829829311,6621,000121,68657,816000
other short term finances00000000000
hp & lease commitments119,411116,71885,06269,66355,63974,15346,94545,322000
other current liabilities858,769281,226494,303260,730448,060364,875324,2691,030,071000
total current liabilities2,027,6781,634,6531,294,2391,813,0381,621,4271,222,665825,8801,377,624000
loans3,857,4664,056,6874,251,6012,728,6002,302,2852,454,1202,610,3012,522,558000
hp & lease commitments245,636217,37074,49894,64384,968101,591123,796160,615000
Accruals and Deferred Income00000000000
other liabilities357,843391,843408,3271,331,0271,360,1641,395,4651,437,2101,182,5873,935,79700
provisions321,838226,067199,049147,56263,47459,56688,9070000
total long term liabilities4,782,7834,891,9674,933,4754,301,8323,810,8914,010,7424,260,2143,865,7603,935,79700
total liabilities6,810,4616,526,6206,227,7146,114,8705,432,3185,233,4075,086,0945,243,3843,935,79700
net assets5,851,7285,359,8285,293,2415,438,3545,267,9635,118,3665,133,9444,847,2553,939,16100
total shareholders funds5,851,7285,359,8285,293,2415,438,3545,267,9635,118,3665,133,9444,847,2553,939,16100
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Sep 2013
Operating Activities
Operating Profit1,156,689420,029115,996426,740392,867170,096521,9491,219,689000
Depreciation263,211245,692159,943187,354189,853218,625160,11687,275000
Amortisation00026,57526,26217,29817,2983,553000
Tax-163,967-15,6190-39,968-35,0910-67,248-227,023000
Stock342,854-9,42931,502-132,787563,152000000
Debtors-207,148260,905-105,7621,084,609537,78569,222207,421251,656000
Creditors-206,199360,063-36,995117,770-69,483101,81940,167136,176000
Accruals and Deferred Income577,543-213,077233,573-187,33083,18540,606-705,8021,030,071000
Deferred Taxes & Provisions95,77127,01851,48784,0883,908-29,34188,9070000
Cash flow from operations1,587,342572,630598,264-336,593-509,436449,881-152,0341,998,085000
Investing Activities
capital expenditure-903,246-359,709-201,934-115,050-36,682-311,359-214,085-9,228,043000
Change in Investments000000-1-7,873,8017,874,95800
cash flow from investments-903,246-359,709-201,934-115,050-36,682-311,359-214,084-1,354,242-7,874,95800
Financing Activities
Bank loans0-264,940264,94000000000
Group/Directors Accounts00798-1,631662-120,68663,87057,816000
Other Short Term Loans 00000000000
Long term loans-199,221-194,9141,523,001426,315-151,835-156,18187,7432,522,558000
Hire Purchase and Lease Commitments30,959174,528-4,74623,699-35,1375,003-35,196205,937000
other long term liabilities-34,000-16,484-922,700-29,137-35,301-41,745254,623-2,753,2103,935,79700
share issue000000003,939,16100
interest-500,823-337,823-261,109-216,380-208,179-185,674-168,011-84,572000
cash flow from financing-703,085-639,633600,184202,866-429,790-499,283203,029-51,4717,874,95800
cash and cash equivalents
cash00000-162,413-209,348371,761000
overdraft18,988426,712-996,514248,778402,912347,83848,398108,239000
change in cash-18,988-426,712996,514-248,778-402,912-510,251-257,746263,522000

grant farming 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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Grant Farming Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for grant farming limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in PE22 area or any other competitors across 12 key performance metrics.

grant farming limited Ownership

GRANT FARMING LIMITED group structure

Grant Farming Limited has 2 subsidiary companies.

Ultimate parent company

GRANT FARMING LIMITED

08206833

2 subsidiaries

GRANT FARMING LIMITED Shareholders

linda may whatton 99.79%
paul john grant & jarred thomas wright & courtney william kilham 0.17%
paul john grant 0.03%
paul john grant & courtney william kilham & jarred thomas wright 0.01%
nicola jayne grant 0%

grant farming limited directors

Grant Farming Limited currently has 3 directors. The longest serving directors include Mr Paul Grant (Sep 2012) and Mr Mark Grant (Nov 2015).

officercountryagestartendrole
Mr Paul Grant55 years Sep 2012- Director
Mr Mark GrantEngland57 years Nov 2015- Director
Mrs Nicola Grant52 years Nov 2015- Director

P&L

June 2023

turnover

3m

-10%

operating profit

1.2m

0%

gross margin

21%

+6.54%

turnover

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

Balance Sheet

June 2023

net assets

5.9m

+0.09%

total assets

12.7m

+0.07%

cash

0

0%

net assets

Total assets minus all liabilities

grant farming limited company details

company number

08206833

Type

Private limited with Share Capital

industry

64201 - Activities of agricultural holding companies

incorporation date

September 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

N/A

accountant

DUNCAN & TOPLIS LIMITED

auditor

-

address

laburnum house main road, langrick, boston, lincolnshire, PE22 7AN

Bank

-

Legal Advisor

-

grant farming 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 8 charges/mortgages relating to grant farming limited. Currently there are 8 open charges and 0 have been satisfied in the past.

grant farming 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.

Click to start generating capital raising & share issue transactions for GRANT FARMING LIMITED. This can take several minutes, an email will notify you when this has completed.

grant farming limited Companies House Filings - See Documents

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