ellington farms ltd
ellington farms ltd Company Information
Company Number
09134102
Next Accounts
Apr 2025
Shareholders
velcourt group ltd
Group Structure
View All
Industry
Growing of cereals (except rice), leguminous crops and oil seeds
Registered Address
orchard house, phocle green business park, ross-on-wye, HR9 7XU
Website
http://velcourt.co.ukellington farms ltd Estimated Valuation
Pomanda estimates the enterprise value of ELLINGTON FARMS LTD at £1.3m based on a Turnover of £2.4m and 0.56x industry multiple (adjusted for size and gross margin).
ellington farms ltd Estimated Valuation
Pomanda estimates the enterprise value of ELLINGTON FARMS LTD at £290k based on an EBITDA of £78k and a 3.72x industry multiple (adjusted for size and gross margin).
ellington farms ltd Estimated Valuation
Pomanda estimates the enterprise value of ELLINGTON FARMS LTD at £1 based on Net Assets of £1 and 1.53x industry multiple (adjusted for liquidity).
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Ellington Farms Ltd Overview
Ellington Farms Ltd is a live company located in ross-on-wye, HR9 7XU with a Companies House number of 09134102. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in July 2014, it's largest shareholder is velcourt group ltd with a 100% stake. Ellington Farms Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.4m with healthy growth in recent years.
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Ellington Farms Ltd Health Check
Pomanda's financial health check has awarded Ellington Farms Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£4.5m)
£2.4m - Ellington Farms Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.9%)
10% - Ellington Farms Ltd
7.9% - Industry AVG
Production
with a gross margin of 35.4%, this company has a comparable cost of product (31%)
35.4% - Ellington Farms Ltd
31% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Ellington Farms Ltd
- - Industry AVG
Employees
with 14 employees, this is below the industry average (36)
- Ellington Farms Ltd
36 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Ellington Farms Ltd
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £169.2k, this is equally as efficient (£171.8k)
- Ellington Farms Ltd
£171.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (35 days)
0 days - Ellington Farms Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (44 days)
73 days - Ellington Farms Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 373 days, this is more than average (87 days)
373 days - Ellington Farms Ltd
87 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (15 weeks)
5 weeks - Ellington Farms Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (42.3%)
100% - Ellington Farms Ltd
42.3% - Industry AVG
ELLINGTON FARMS LTD financials
Ellington Farms Ltd's latest turnover from July 2023 is £2.4 million and the company has net assets of £1. According to their latest financial statements, we estimate that Ellington Farms Ltd has 14 employees and maintains cash reserves of £246.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,368,858 | 1,832,226 | 1,254,266 | 1,785,387 | 1,676,106 | 1,524,601 | 1,312,150 | 1,359,164 | |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 1,531,508 | 1,355,170 | 1,275,176 | 1,511,022 | 1,350,794 | 1,381,317 | 1,347,636 | 1,459,082 | |
| Gross Profit | 837,350 | 477,056 | -20,910 | 274,365 | 325,312 | 143,284 | -35,486 | -99,918 | |
| Admin Expenses | 837,350 | 477,056 | -20,910 | 274,365 | 325,312 | 143,284 | -67,370 | -130,054 | |
| Operating Profit | 31,884 | 30,136 | |||||||
| Interest Payable | 31,884 | 30,136 | |||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | |||||||
| EBITDA* | 77,989 | 62,896 | 45,711 | 41,452 | 43,072 | 44,038 | 76,301 | 80,491 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 479,797 | 395,229 | 363,122 | 226,377 | 267,727 | 279,952 | 270,656 | 302,509 | 322,893 |
| Intangible Assets | |||||||||
| Investments & Other | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 |
| Debtors (Due After 1 year) | 182,250 | 182,250 | 182,250 | 182,250 | 182,250 | 182,250 | 182,250 | 182,250 | 182,250 |
| Total Fixed Assets | 662,097 | 577,529 | 545,422 | 408,677 | 450,027 | 462,252 | 452,956 | 484,809 | 505,193 |
| Stock & work in progress | 1,565,989 | 1,447,180 | 1,203,840 | 1,205,659 | 1,292,600 | 1,182,729 | 1,114,576 | 1,095,847 | 1,097,797 |
| Trade Debtors | 5,513 | 387 | 9,299 | 10 | 1,965 | 175 | 277 | ||
| Group Debtors | |||||||||
| Misc Debtors | 46,962 | 114,501 | 78,813 | 69,302 | 393,919 | 69,015 | 50,156 | 55,844 | 32,860 |
| Cash | 246,768 | 66,352 | 354,439 | 299,719 | 190,975 | 260,056 | 112,436 | 36,222 | 8,260 |
| misc current assets | |||||||||
| total current assets | 1,865,232 | 1,628,033 | 1,637,479 | 1,583,979 | 1,877,504 | 1,513,765 | 1,277,343 | 1,188,190 | 1,138,917 |
| total assets | 2,527,329 | 2,205,562 | 2,182,901 | 1,992,656 | 2,327,531 | 1,976,017 | 1,730,299 | 1,672,999 | 1,644,110 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 308,860 | 179,376 | 221,988 | 162,369 | 169,392 | 284,227 | 82,005 | 65,357 | 82,902 |
| Group/Directors Accounts | 1,026,203 | 906,062 | 865,535 | 806,496 | 967,171 | 733,182 | 683,288 | 678,015 | 659,223 |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 1,192,265 | 1,114,553 | 1,084,691 | 1,005,666 | 1,172,423 | 940,460 | 946,678 | 918,519 | 890,877 |
| total current liabilities | 2,527,328 | 2,199,991 | 2,172,214 | 1,974,531 | 2,308,986 | 1,957,869 | 1,711,971 | 1,661,891 | 1,633,002 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 5,570 | 10,686 | 18,124 | 18,544 | 18,147 | 18,327 | 11,107 | 11,107 | |
| total long term liabilities | 5,570 | 10,686 | 18,124 | 18,544 | 18,147 | 18,327 | 11,107 | 11,107 | |
| total liabilities | 2,527,328 | 2,205,561 | 2,182,900 | 1,992,655 | 2,327,530 | 1,976,016 | 1,730,298 | 1,672,998 | 1,644,109 |
| net assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| total shareholders funds | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 31,884 | 30,136 | |||||||
| Depreciation | 77,989 | 62,896 | 45,711 | 41,452 | 43,072 | 44,038 | 44,417 | 50,355 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | 118,809 | 243,340 | -1,819 | -86,941 | 109,871 | 68,153 | 18,729 | -1,950 | 1,097,797 |
| Debtors | -62,026 | 35,301 | 599 | -315,328 | 322,949 | 20,649 | -5,790 | 23,261 | 215,110 |
| Creditors | 129,484 | -42,612 | 59,619 | -7,023 | -114,835 | 202,222 | 16,648 | -17,545 | 82,902 |
| Accruals and Deferred Income | 77,712 | 29,862 | 79,025 | -166,757 | 231,963 | -6,218 | 28,159 | 27,642 | 890,877 |
| Deferred Taxes & Provisions | -5,570 | -5,116 | -7,438 | -420 | 397 | -180 | 7,220 | 11,107 | |
| Cash flow from operations | 222,832 | -233,611 | 178,137 | 269,521 | -272,223 | 151,060 | 115,389 | 69,277 | -328,021 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 50 | ||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 120,141 | 40,527 | 59,039 | -160,675 | 233,989 | 49,894 | 5,273 | 18,792 | 659,223 |
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -31,884 | -30,136 | |||||||
| cash flow from financing | 120,141 | 40,527 | 59,039 | -160,675 | 233,989 | 49,894 | -26,611 | -11,344 | 659,224 |
| cash and cash equivalents | |||||||||
| cash | 180,416 | -288,087 | 54,720 | 108,744 | -69,081 | 147,620 | 76,214 | 27,962 | 8,260 |
| overdraft | |||||||||
| change in cash | 180,416 | -288,087 | 54,720 | 108,744 | -69,081 | 147,620 | 76,214 | 27,962 | 8,260 |
ellington farms ltd Credit Report and Business Information
Ellington Farms Ltd Competitor Analysis
Perform a competitor analysis for ellington farms ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in HR9 area or any other competitors across 12 key performance metrics.
ellington farms ltd Ownership
ELLINGTON FARMS LTD group structure
Ellington Farms Ltd has no subsidiary companies.
ellington farms ltd directors
Ellington Farms Ltd currently has 2 directors. The longest serving directors include Mr Malcolm Burns (Apr 2020) and Mr Jason Scott (Nov 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Malcolm Burns | England | 52 years | Apr 2020 | - | Director |
| Mr Jason Scott | England | 53 years | Nov 2024 | - | Director |
P&L
July 2023turnover
2.4m
+29%
operating profit
0
0%
gross margin
35.4%
+35.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1
0%
total assets
2.5m
+0.15%
cash
246.8k
+2.72%
net assets
Total assets minus all liabilities
ellington farms ltd company details
company number
09134102
Type
Private limited with Share Capital
industry
01110 - Growing of cereals (except rice), leguminous crops and oil seeds
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
orchard house, phocle green business park, ross-on-wye, HR9 7XU
Bank
-
Legal Advisor
-
ellington farms 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 ellington farms ltd.
ellington farms 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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ellington farms ltd Companies House Filings - See Documents
| date | description | view/download |
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