benchmark animal health limited
benchmark animal health limited Company Information
Company Number
08872045
Website
www.benchmarkplc.comRegistered Address
highdown house yeoman way, worthing, west sussex, BN99 3HH
Industry
Veterinary activities
Telephone
01142409939
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
benchmark animal health group ltd 100%
benchmark animal health limited Estimated Valuation
Pomanda estimates the enterprise value of BENCHMARK ANIMAL HEALTH LIMITED at £15.5m based on a Turnover of £24m and 0.64x industry multiple (adjusted for size and gross margin).
benchmark animal health limited Estimated Valuation
Pomanda estimates the enterprise value of BENCHMARK ANIMAL HEALTH LIMITED at £0 based on an EBITDA of £-4.3m and a 3.88x industry multiple (adjusted for size and gross margin).
benchmark animal health limited Estimated Valuation
Pomanda estimates the enterprise value of BENCHMARK ANIMAL HEALTH LIMITED at £0 based on Net Assets of £-74.4m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Benchmark Animal Health Limited Overview
Benchmark Animal Health Limited is a live company located in west sussex, BN99 3HH with a Companies House number of 08872045. It operates in the veterinary activities sector, SIC Code 75000. Founded in January 2014, it's largest shareholder is benchmark animal health group ltd with a 100% stake. Benchmark Animal Health Limited is a established, large sized company, Pomanda has estimated its turnover at £24m with rapid growth in recent years.
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Benchmark Animal Health Limited Health Check
Pomanda's financial health check has awarded Benchmark Animal Health Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £24m, make it larger than the average company (£1.7m)
£24m - Benchmark Animal Health Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (8.2%)
68% - Benchmark Animal Health Limited
8.2% - Industry AVG
Production
with a gross margin of 31.2%, this company has a higher cost of product (78%)
31.2% - Benchmark Animal Health Limited
78% - Industry AVG
Profitability
an operating margin of -39.4% make it less profitable than the average company (11.7%)
-39.4% - Benchmark Animal Health Limited
11.7% - Industry AVG
Employees
with 43 employees, this is above the industry average (27)
43 - Benchmark Animal Health Limited
27 - Industry AVG
Pay Structure
on an average salary of £131.2k, the company has a higher pay structure (£34.2k)
£131.2k - Benchmark Animal Health Limited
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £558.6k, this is more efficient (£68.3k)
£558.6k - Benchmark Animal Health Limited
£68.3k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (21 days)
15 days - Benchmark Animal Health Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (39 days)
76 days - Benchmark Animal Health Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 141 days, this is more than average (32 days)
141 days - Benchmark Animal Health Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Benchmark Animal Health Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 284.4%, this is a higher level of debt than the average (36.1%)
284.4% - Benchmark Animal Health Limited
36.1% - Industry AVG
BENCHMARK ANIMAL HEALTH LIMITED financials
Benchmark Animal Health Limited's latest turnover from September 2023 is £24 million and the company has net assets of -£74.4 million. According to their latest financial statements, Benchmark Animal Health Limited has 43 employees and maintains cash reserves of £237.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 24,020,194 | 20,260,482 | 7,758,156 | 5,038,160 | 7,390,696 | 7,703,080 | 4,892,952 | 14,451,227 | 7,486,047 | 69,114 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 16,517,004 | 14,253,006 | 4,833,705 | 4,239,912 | 9,441,509 | 9,332,706 | 2,575,448 | 6,329,500 | 3,929,929 | 38,384 |
| Gross Profit | 7,503,190 | 6,007,476 | 2,924,451 | 798,248 | -2,050,813 | -1,629,626 | 2,317,504 | 8,121,727 | 3,556,118 | 30,730 |
| Admin Expenses | 16,958,356 | 21,662,854 | 7,995,574 | 4,284,353 | 8,331,387 | 7,826,813 | 9,403,149 | 9,613,246 | 5,973,131 | |
| Operating Profit | -9,455,166 | -15,655,378 | -5,071,123 | -3,486,105 | -10,382,200 | -9,456,439 | -7,085,645 | -1,491,519 | -2,417,013 | |
| Interest Payable | 897,611 | 539,519 | 677,644 | 4,407 | 1,266 | 29,554 | 19,009 | 821 | 0 | |
| Interest Receivable | 5,502 | 7,142 | 2,008 | 5,929 | 97 | 715 | 10 | 0 | 0 | 0 |
| Pre-Tax Profit | -10,347,275 | -16,187,755 | -5,746,759 | -13,779,796 | -10,383,369 | -9,485,278 | -7,104,644 | -1,492,340 | -2,417,013 | -2,818,401 |
| Tax | -155,036 | -44,812 | -81,566 | -99,336 | -181,726 | 24,559 | -203,981 | 1,035,699 | -94,380 | 95,149 |
| Profit After Tax | -10,502,311 | -16,232,567 | -5,828,325 | -13,879,132 | -10,565,095 | -9,460,719 | -7,308,625 | -456,641 | -2,511,393 | -2,723,252 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -10,502,311 | -16,232,567 | -5,828,325 | -13,879,132 | -10,565,095 | -9,460,719 | -7,308,625 | -456,641 | -2,511,393 | -2,723,252 |
| Employee Costs | 5,643,612 | 5,000,891 | 2,900,411 | 2,200,122 | 4,031,795 | 3,020,985 | 2,432,511 | 2,435,522 | 1,496,229 | 632,789 |
| Number Of Employees | 43 | 49 | 43 | 40 | 35 | 37 | 27 | 22 | 17 | 3 |
| EBITDA* | -4,336,774 | -9,916,422 | -3,751,279 | -2,719,639 | -9,545,692 | -8,888,087 | -6,745,954 | -1,184,025 | -2,159,934 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,707,411 | 5,388,184 | 22,812,615 | 4,965,957 | 3,051,760 | 3,442,123 | 3,608,255 | 530,591 | 303,692 | 4,494 |
| Intangible Assets | 24,880,129 | 33,472,689 | 18,829,634 | 16,836,040 | 15,585,764 | 10,249,173 | 3,668,721 | 2,401,169 | 1,863,369 | 1,870,434 |
| Investments & Other | 914 | 914 | 914 | 914 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 293,000 | 523,000 |
| Total Fixed Assets | 27,588,454 | 38,861,787 | 41,643,163 | 21,802,911 | 18,637,524 | 13,691,296 | 7,276,976 | 2,931,760 | 2,460,061 | 2,397,928 |
| Stock & work in progress | 6,416,722 | 7,504,683 | 3,174,813 | 922,162 | 1,918,955 | 1,699,187 | 2,736,369 | 2,308,353 | 2,275,029 | 0 |
| Trade Debtors | 1,019,742 | 3,176,544 | 6,267,287 | 236,079 | 690,710 | 1,116,859 | 271,526 | 28,474 | 18,650 | 15,616 |
| Group Debtors | 4,260,714 | 4,048,300 | 2,560,862 | 4,404,991 | 25,251 | 2,044,941 | 533,991 | 19,464,246 | 5,791,302 | 2,624,053 |
| Misc Debtors | 847,426 | 1,322,704 | 598,696 | 1,412,659 | 3,382,107 | 2,814,230 | 1,832,652 | 1,563,358 | 543,458 | 366,041 |
| Cash | 237,647 | 80,540 | 395,761 | 346,024 | 2,637 | 376,467 | 20,987 | 1,773 | 822 | 1,769 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,782,251 | 16,132,771 | 12,997,419 | 7,321,915 | 6,019,660 | 8,051,684 | 5,395,525 | 23,366,204 | 8,629,261 | 3,007,479 |
| total assets | 40,370,705 | 54,994,558 | 54,640,582 | 29,124,826 | 24,657,184 | 21,742,980 | 12,672,501 | 26,297,964 | 11,089,322 | 5,405,407 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 150 | 1,032,223 | 275,308 | 8,683 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,474,047 | 4,484,084 | 2,314,965 | 2,989,168 | 2,282,739 | 2,295,510 | 2,940,516 | 391,755 | 53,329 | 2,660 |
| Group/Directors Accounts | 97,754,460 | 94,427,359 | 83,615,207 | 63,653,804 | 47,411,111 | 33,519,856 | 14,078,971 | 23,081,038 | 9,266,150 | 3,648,918 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 6,592,413 | 8,683,673 | 6,540,023 | 156,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,431,041 | 3,279,087 | 2,148,278 | 2,507,374 | 2,518,220 | 3,013,226 | 3,132,777 | 2,109,635 | 857,159 | 868,398 |
| total current liabilities | 110,251,961 | 110,874,203 | 94,618,473 | 69,306,846 | 52,212,070 | 38,828,592 | 20,152,414 | 26,614,651 | 10,451,946 | 4,528,659 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 3,843,080 | 7,833,400 | 7,537,907 | 1,150,769 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 700,000 | 0 | 0 | 0 | 0 | 0 | 262,044 | 200,367 | 739,233 | 0 |
| total long term liabilities | 4,543,080 | 7,833,400 | 7,537,907 | 1,150,769 | 0 | 0 | 262,044 | 200,367 | 739,233 | 0 |
| total liabilities | 114,795,041 | 118,707,603 | 102,156,380 | 70,457,615 | 52,212,070 | 38,828,592 | 20,414,458 | 26,815,018 | 11,191,179 | 4,528,659 |
| net assets | -74,424,336 | -63,713,045 | -47,515,798 | -41,332,789 | -27,554,886 | -17,085,612 | -7,741,957 | -517,054 | -101,857 | 876,748 |
| total shareholders funds | -74,424,336 | -63,713,045 | -47,515,798 | -41,332,789 | -27,554,886 | -17,085,612 | -7,741,957 | -517,054 | -101,857 | 876,748 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -9,455,166 | -15,655,378 | -5,071,123 | -3,486,105 | -10,382,200 | -9,456,439 | -7,085,645 | -1,491,519 | -2,417,013 | |
| Depreciation | 3,326,724 | 3,580,638 | 660,232 | 443,146 | 620,559 | 463,576 | 94,491 | 62,294 | 18,500 | 1,653 |
| Amortisation | 1,791,668 | 2,158,318 | 659,612 | 323,320 | 215,949 | 104,776 | 245,200 | 245,200 | 238,579 | 0 |
| Tax | -155,036 | -44,812 | -81,566 | -99,336 | -181,726 | 24,559 | -203,981 | 1,035,699 | -94,380 | 95,149 |
| Stock | -1,087,961 | 4,329,870 | 2,252,651 | -996,793 | 219,768 | -1,037,182 | 428,016 | 33,324 | 2,275,029 | 0 |
| Debtors | -2,419,666 | -879,297 | 3,373,116 | 1,955,661 | -1,877,962 | 3,337,861 | -18,417,909 | 14,409,668 | 3,117,700 | 3,528,710 |
| Creditors | -1,010,037 | 2,169,119 | -674,203 | 706,429 | -12,771 | -645,006 | 2,548,761 | 338,426 | 50,669 | 2,660 |
| Accruals and Deferred Income | -848,046 | 1,130,809 | -359,096 | -10,846 | -495,006 | -119,551 | 1,023,142 | 1,252,476 | -11,239 | 868,398 |
| Deferred Taxes & Provisions | 700,000 | 0 | 0 | 0 | 0 | -262,044 | 61,677 | -538,866 | 739,233 | 0 |
| Cash flow from operations | -2,142,266 | -10,111,879 | -10,491,911 | -3,082,260 | -8,577,001 | -12,190,808 | 14,673,538 | -13,539,282 | -6,868,380 | |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 914 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,327,101 | 10,812,152 | 19,961,403 | 16,242,693 | 13,891,255 | 19,440,885 | -9,002,067 | 13,814,888 | 5,617,232 | 3,648,918 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -6,081,580 | 2,439,143 | 12,770,661 | 1,307,269 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -892,109 | -532,377 | -675,636 | 1,522 | -1,169 | -28,839 | -18,999 | -821 | 0 | |
| cash flow from financing | -3,855,568 | 12,754,238 | 31,701,744 | 17,652,713 | 13,985,907 | 19,529,110 | -8,937,344 | 13,855,511 | 7,150,020 | |
| cash and cash equivalents | ||||||||||
| cash | 157,107 | -315,221 | 49,737 | 343,387 | -373,830 | 355,480 | 19,214 | 951 | -947 | 1,769 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -150 | -1,032,073 | 756,915 | 266,625 | 8,683 |
| change in cash | 157,107 | -315,221 | 49,737 | 343,387 | -373,830 | 355,630 | 1,051,287 | -755,964 | -267,572 | -6,914 |
benchmark animal health limited Credit Report and Business Information
Benchmark Animal Health Limited Competitor Analysis
Perform a competitor analysis for benchmark animal health limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in BN99 area or any other competitors across 12 key performance metrics.
benchmark animal health limited Ownership
BENCHMARK ANIMAL HEALTH LIMITED group structure
Benchmark Animal Health Limited has no subsidiary companies.
Ultimate parent company
2 parents
BENCHMARK ANIMAL HEALTH LIMITED
08872045
benchmark animal health limited directors
Benchmark Animal Health Limited currently has 3 directors. The longest serving directors include Mr Trond Williksen (Sep 2020) and Mr Trond Williksen (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trond Williksen | United Kingdom | 61 years | Sep 2020 | - | Director |
| Mr Trond Williksen | United Kingdom | 61 years | Sep 2020 | - | Director |
| Septima Maguire | England | 47 years | Mar 2021 | - | Director |
P&L
September 2023turnover
24m
+19%
operating profit
-9.5m
-40%
gross margin
31.3%
+5.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-74.4m
+0.17%
total assets
40.4m
-0.27%
cash
237.6k
+1.95%
net assets
Total assets minus all liabilities
benchmark animal health limited company details
company number
08872045
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
January 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
endeavour 142 limited (February 2014)
accountant
-
auditor
KPMG LLP
address
highdown house yeoman way, worthing, west sussex, BN99 3HH
Bank
-
Legal Advisor
-
benchmark animal health 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 5 charges/mortgages relating to benchmark animal health limited. Currently there are 1 open charges and 4 have been satisfied in the past.
benchmark animal health limited Companies House Filings - See Documents
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