paybody farms (maidwell) ltd

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paybody farms (maidwell) ltd Company Information

Share PAYBODY FARMS (MAIDWELL) LTD

Company Number

08386062

Shareholders

william fred paybody

jeremy philip paybody

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Group Structure

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Industry

Mixed farming

 

Registered Address

mill farm maidwell, northampton, NN6 9JE

Website

-

paybody farms (maidwell) ltd Estimated Valuation

£280.2k

Pomanda estimates the enterprise value of PAYBODY FARMS (MAIDWELL) LTD at £280.2k based on a Turnover of £473.6k and 0.59x industry multiple (adjusted for size and gross margin).

paybody farms (maidwell) ltd Estimated Valuation

£993.2k

Pomanda estimates the enterprise value of PAYBODY FARMS (MAIDWELL) LTD at £993.2k based on an EBITDA of £265.3k and a 3.74x industry multiple (adjusted for size and gross margin).

paybody farms (maidwell) ltd Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of PAYBODY FARMS (MAIDWELL) LTD at £1.7m based on Net Assets of £1.2m and 1.41x industry multiple (adjusted for liquidity).

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Paybody Farms (maidwell) Ltd Overview

Paybody Farms (maidwell) Ltd is a live company located in northampton, NN6 9JE with a Companies House number of 08386062. It operates in the mixed farming sector, SIC Code 01500. Founded in February 2013, it's largest shareholder is william fred paybody with a 32% stake. Paybody Farms (maidwell) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £473.6k with declining growth in recent years.

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Paybody Farms (maidwell) Ltd Health Check

Pomanda's financial health check has awarded Paybody Farms (Maidwell) Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £473.6k, make it smaller than the average company (£1.4m)

£473.6k - Paybody Farms (maidwell) Ltd

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (10.9%)

-9% - Paybody Farms (maidwell) Ltd

10.9% - Industry AVG

production

Production

with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)

30.7% - Paybody Farms (maidwell) Ltd

30.7% - Industry AVG

profitability

Profitability

an operating margin of 7.4% make it more profitable than the average company (5.9%)

7.4% - Paybody Farms (maidwell) Ltd

5.9% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (16)

7 - Paybody Farms (maidwell) Ltd

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)

£29.7k - Paybody Farms (maidwell) Ltd

£29.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67.7k, this is less efficient (£119.7k)

£67.7k - Paybody Farms (maidwell) Ltd

£119.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is later than average (21 days)

33 days - Paybody Farms (maidwell) Ltd

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (39 days)

10 days - Paybody Farms (maidwell) Ltd

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 43 days, this is less than average (106 days)

43 days - Paybody Farms (maidwell) Ltd

106 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (15 weeks)

49 weeks - Paybody Farms (maidwell) Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.9%, this is a lower level of debt than the average (43.7%)

37.9% - Paybody Farms (maidwell) Ltd

43.7% - Industry AVG

PAYBODY FARMS (MAIDWELL) LTD financials

EXPORTms excel logo

Paybody Farms (Maidwell) Ltd's latest turnover from March 2024 is estimated at £473.6 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Paybody Farms (Maidwell) Ltd has 7 employees and maintains cash reserves of £305 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover473,590530,392297,388620,6061,573,2791,756,0631,967,2991,244,8121,563,5931,974,747640,603
Other Income Or Grants
Cost Of Sales328,164341,531188,617405,0161,034,2751,064,8841,197,889800,7681,012,1871,270,812423,684
Gross Profit145,426188,861108,771215,590539,004691,178769,410444,044551,406703,935216,919
Admin Expenses110,556-260,799203,17082,639517,816512,164522,564281,299470,765674,133-19,074
Operating Profit34,870449,660-94,399132,95121,188179,014246,846162,74580,64129,802235,993
Interest Payable3,4293,9833,1621,525
Interest Receivable13,7085,81790592162694760390
Pre-Tax Profit45,149451,494-96,656131,51921,188179,014246,846162,90681,33530,562236,383
Tax-11,287-85,784-24,989-4,026-34,013-46,901-32,581-16,267-6,418-54,368
Profit After Tax33,862365,710-96,656106,53017,162145,001199,945130,32565,06824,144182,015
Dividends Paid
Retained Profit33,862365,710-96,656106,53017,162145,001199,945130,32565,06824,144182,015
Employee Costs207,725178,063198,687139,400141,71545,74689,79694,003367,027416,059130,940
Number Of Employees7786624414155
EBITDA*265,282691,993121,045132,95121,188179,014246,846162,745168,48239,933247,911

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets1,066,2731,089,6931,099,979835,778875,546638,720733,231604,693497,76357,40667,537
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,066,2731,089,6931,099,979835,778875,546638,720733,231604,693497,76357,40667,537
Stock & work in progress39,23531,64839,0009,438
Trade Debtors43,06639,4235,78478,405202,901307,542258,319145,29692,801210,04957,281
Group Debtors
Misc Debtors436,845551,639330,073108,2136,348
Cash304,997217,22956,489184,907129,385148,208155,879
misc current assets
total current assets824,143839,939431,346380,963209,249307,542258,319145,296222,186358,257213,160
total assets1,890,4161,929,6321,531,3251,216,7411,084,795946,262991,550749,989719,949415,663280,697
Bank overdraft
Bank loan24,11934,02543,68950,000
Trade Creditors 9,87587,63768,64267,671167,802159,764327,913276,739448,622209,40498,582
Group/Directors Accounts
other short term finances2,817
hp & lease commitments180,382123,264172,130100,273
other current liabilities105,83887,50215,49248,234
total current liabilities323,031332,428299,953266,178167,802159,764327,913276,739448,622209,40498,582
loans
hp & lease commitments128,526186,382183,71480,273
Accruals and Deferred Income
other liabilities153,33340,00062,14071,698
provisions265,653271,478274,024
total long term liabilities394,179457,860457,73880,273153,33340,00062,14071,698
total liabilities717,210790,288757,691346,451321,135199,764390,053348,437448,622209,40498,582
net assets1,173,2061,139,344773,634870,290763,660746,498601,497401,552271,327206,259182,115
total shareholders funds1,173,2061,139,344773,634870,290763,660746,498601,497401,552271,327206,259182,115
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit34,870449,660-94,399132,95121,188179,014246,846162,74580,64129,802235,993
Depreciation230,412242,333215,44487,84110,13111,918
Amortisation
Tax-11,287-85,784-24,989-4,026-34,013-46,901-32,581-16,267-6,418-54,368
Stock7,587-7,35229,5629,438
Debtors-111,151255,205149,239-22,631-98,29349,223113,02352,495-117,248152,76857,281
Creditors-77,76218,995971-100,1318,038-168,14951,174-171,883239,218110,82298,582
Accruals and Deferred Income18,33672,010-32,74248,234
Deferred Taxes & Provisions-5,825-2,546274,024
Cash flow from operations292,308446,815184,49769,258123,493-72,371138,096-94,214508,681-8,431234,844
Investing Activities
capital expenditure-206,992-232,047-479,64539,768-236,82694,511-128,538-106,930-528,198-79,455
Change in Investments
cash flow from investments-206,992-232,047-479,64539,768-236,82694,511-128,538-106,930-528,198-79,455
Financing Activities
Bank loans-9,906-9,664-6,31150,000
Group/Directors Accounts
Other Short Term Loans 2,817
Long term loans
Hire Purchase and Lease Commitments-738-46,198175,298180,546
other long term liabilities-153,333113,333-22,140-9,55871,698
share issue100-100100
interest10,2791,834-2,257-1,433162694760390
cash flow from financing2,452-54,028166,73075,880113,333-22,140-9,55871,760694760490
cash and cash equivalents
cash87,768160,740-128,418184,907-129,385-18,823-7,671155,879
overdraft
change in cash87,768160,740-128,418184,907-129,385-18,823-7,671155,879

paybody farms (maidwell) 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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Paybody Farms (maidwell) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for paybody farms (maidwell) ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in NN6 area or any other competitors across 12 key performance metrics.

paybody farms (maidwell) ltd Ownership

PAYBODY FARMS (MAIDWELL) LTD group structure

Paybody Farms (Maidwell) Ltd has no subsidiary companies.

Ultimate parent company

PAYBODY FARMS (MAIDWELL) LTD

08386062

PAYBODY FARMS (MAIDWELL) LTD Shareholders

william fred paybody 32%
jeremy philip paybody 22%
charles reginald paybody 21%
thomas jeremy paybody 10%
charles reginald paybody & sarah joanne paybody & william fred paybody & thomas jeremy paybody 10%
sarah joanne paybody 5%

paybody farms (maidwell) ltd directors

Paybody Farms (Maidwell) Ltd currently has 5 directors. The longest serving directors include Mr William Paybody (Feb 2013) and Mr Jeremy Paybody (Feb 2013).

officercountryagestartendrole
Mr William PaybodyEngland37 years Feb 2013- Director
Mr Jeremy PaybodyEngland60 years Feb 2013- Director
Ms Sarah PaybodyEngland67 years Feb 2013- Director
Mr Charles PaybodyEngland69 years Feb 2013- Director
Mr Thomas Paybody39 years Nov 2018- Director

P&L

March 2024

turnover

473.6k

-11%

operating profit

34.9k

0%

gross margin

30.8%

-13.76%

turnover

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

Balance Sheet

March 2024

net assets

1.2m

+0.03%

total assets

1.9m

-0.02%

cash

305k

+0.4%

net assets

Total assets minus all liabilities

paybody farms (maidwell) ltd company details

company number

08386062

Type

Private limited with Share Capital

industry

01500 - Mixed farming

incorporation date

February 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

ELLACOTTS LLP

auditor

-

address

mill farm maidwell, northampton, NN6 9JE

Bank

-

Legal Advisor

-

paybody farms (maidwell) 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 paybody farms (maidwell) ltd.

paybody farms (maidwell) 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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paybody farms (maidwell) ltd Companies House Filings - See Documents

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