Pomanda estimates the enterprise value of PRENTICE AGRICULTURE LTD at £432.8k based on a Turnover of £722.6k and 0.6x industry multiple (adjusted for size and gross margin).
prentice agriculture ltdEstimated Valuation
£278.8k
Pomanda estimates the enterprise value of PRENTICE AGRICULTURE LTD at £278.8k based on an EBITDA of £73.6k and a 3.79x industry multiple (adjusted for size and gross margin).
prentice agriculture ltdEstimated Valuation
£93.4k
Pomanda estimates the enterprise value of PRENTICE AGRICULTURE LTD at £93.4k based on Net Assets of £66.1k and 1.41x industry multiple (adjusted for liquidity).
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Prentice Agriculture LtdOverview
Prentice Agriculture Ltd is a live company located in berwick-upon-tweed, TD15 1TD with a Companies House number of 09456595. It operates in the mixed farming sector, SIC Code 01500. Founded in February 2015, it's largest shareholder is
keith prentice
with a 50% stake. Prentice Agriculture Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£722.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Prentice Agriculture Ltd a 4 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
Health Rating4out of 5
3 Strong
4 Regular
5 Weak
Size
annual sales of £722.6k, make it smaller than the average company (£1.1m)
£722.6k - Prentice Agriculture Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (10.9%)
9% - Prentice Agriculture Ltd
10.9% - Industry AVG
Production
with a gross margin of 33.6%, this company has a comparable cost of product (33.6%)
33.6% - Prentice Agriculture Ltd
33.6% - Industry AVG
Profitability
an operating margin of 10.1% make it more profitable than the average company (6.4%)
10.1% - Prentice Agriculture Ltd
6.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Prentice Agriculture Ltd
15 - Industry AVG
Pay Structure
on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)
£29.7k - Prentice Agriculture Ltd
£29.7k - Industry AVG
Efficiency
resulting in sales per employee of £240.9k, this is more efficient (£108.3k)
£240.9k - Prentice Agriculture Ltd
£108.3k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (21 days)
51 days - Prentice Agriculture Ltd
21 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (39 days)
26 days - Prentice Agriculture Ltd
39 days - Industry AVG
Stock Days
it holds stock equivalent to 37 days, this is less than average (99 days)
37 days - Prentice Agriculture Ltd
99 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is average cash available to meet short term requirements (15 weeks)
14 weeks - Prentice Agriculture Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.9%, this is a higher level of debt than the average (44%)
88.9% - Prentice Agriculture Ltd
44% - Industry AVG
PRENTICE AGRICULTURE LTD financials
EXPORT
Prentice Agriculture Ltd's latest turnover from January 2024 is estimated at £722.6 thousand and the company has net assets of £66.1 thousand. According to their latest financial statements, Prentice Agriculture Ltd has 3 employees and maintains cash reserves of £109 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Turnover
722,552
198,429
390,732
550,858
834,362
805,385
810,499
753,503
672,917
Other Income Or Grants
Cost Of Sales
479,955
128,972
242,734
362,867
549,310
488,389
499,470
495,440
437,424
Gross Profit
242,597
69,456
147,998
187,991
285,051
316,996
311,029
258,063
235,493
Admin Expenses
169,828
75,871
149,856
274,554
285,415
269,229
272,677
243,871
210,231
Operating Profit
72,769
-6,415
-1,858
-86,563
-364
47,767
38,352
14,192
25,262
Interest Payable
1,319
2,571
1,355
Interest Receivable
6,231
3,377
215
74
503
563
141
Pre-Tax Profit
79,000
-3,038
-1,643
-86,489
140
48,330
37,174
11,621
23,908
Tax
-19,750
-27
-9,183
-7,063
-2,324
-4,781
Profit After Tax
59,250
-3,038
-1,643
-86,489
113
39,147
30,111
9,297
19,126
Dividends Paid
Retained Profit
59,250
-3,038
-1,643
-86,489
113
39,147
30,111
9,297
19,126
Employee Costs
89,025
75,013
77,593
69,130
47,901
184,633
187,188
199,373
159,988
Number Of Employees
3
3
3
3
2
8
8
8
6
EBITDA*
73,554
-5,385
-752
-85,261
-364
48,428
39,130
14,910
25,262
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Tangible Assets
4,451
5,236
6,266
7,372
3,861
3,748
4,409
4,074
3,550
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,451
5,236
6,266
7,372
3,861
3,748
4,409
4,074
3,550
Stock & work in progress
49,776
57,081
54,098
101,328
56,820
69,073
39,222
67,325
97,186
Trade Debtors
102,023
13,852
56,518
78,731
158,500
118,974
120,658
107,416
85,195
Group Debtors
332,309
Misc Debtors
2,694
158
276
Cash
108,959
128,425
64,537
107,577
40,414
93,831
56,222
misc current assets
8,852
total current assets
593,067
199,358
177,847
287,794
256,010
281,878
216,102
174,741
191,233
total assets
597,518
204,594
184,113
295,166
259,871
285,626
220,511
178,815
194,783
Bank overdraft
Bank loan
Trade Creditors
34,367
17,244
24,437
29,759
68,215
103,774
111,473
109,612
133,765
Group/Directors Accounts
113,808
126,517
115,132
115,795
44,539
other short term finances
hp & lease commitments
other current liabilities
244,169
54,009
34,682
138,107
49,123
total current liabilities
392,344
197,770
174,251
283,661
161,877
103,774
111,473
109,612
133,765
loans
40,580
41,692
hp & lease commitments
Accruals and Deferred Income
other liabilities
139,100
83,971
50,304
provisions
total long term liabilities
139,100
83,971
50,304
40,580
41,692
total liabilities
531,444
197,770
174,251
283,661
161,877
187,745
161,777
150,192
175,457
net assets
66,074
6,824
9,862
11,505
97,994
97,881
58,734
28,623
19,326
total shareholders funds
66,074
6,824
9,862
11,505
97,994
97,881
58,734
28,623
19,326
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Operating Activities
Operating Profit
72,769
-6,415
-1,858
-86,563
-364
47,767
38,352
14,192
25,262
Depreciation
785
1,030
1,106
1,302
661
778
718
Amortisation
Tax
-19,750
-27
-9,183
-7,063
-2,324
-4,781
Stock
-7,305
2,983
-47,230
44,508
-12,253
29,851
-28,103
-29,861
97,186
Debtors
420,480
-45,360
-19,677
-79,887
39,802
-1,684
13,242
22,221
85,195
Creditors
17,123
-7,193
-5,322
-38,456
-35,559
-7,699
1,861
-24,153
133,765
Accruals and Deferred Income
190,160
19,327
-103,425
88,984
49,123
Deferred Taxes & Provisions
Cash flow from operations
-152,088
49,126
-42,592
646
-14,376
3,379
48,789
-3,927
-28,135
Investing Activities
capital expenditure
-4,813
-113
-1,113
-1,242
-3,550
Change in Investments
cash flow from investments
-4,813
-113
-1,113
-1,242
-3,550
Financing Activities
Bank loans
Group/Directors Accounts
-12,709
11,385
-663
71,256
44,539
Other Short Term Loans
Long term loans
-40,580
-1,112
41,692
Hire Purchase and Lease Commitments
other long term liabilities
139,100
-83,971
33,667
50,304
share issue
200
interest
6,231
3,377
215
74
503
563
-1,178
-2,571
-1,355
cash flow from financing
132,622
14,762
-448
71,330
-38,929
34,230
8,546
-3,683
40,537
cash and cash equivalents
cash
-19,466
63,888
-43,040
67,163
-53,417
37,609
56,222
overdraft
change in cash
-19,466
63,888
-43,040
67,163
-53,417
37,609
56,222
prentice agriculture ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for prentice agriculture ltd. Get real-time insights into prentice agriculture ltd's credit score, group structure and payment trends.
Perform a competitor analysis for prentice agriculture ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in TD15 area or any other competitors across 12 key performance metrics.
prentice agriculture ltd Ownership
PRENTICE AGRICULTURE LTD group structure
Prentice Agriculture Ltd has no subsidiary companies.
Ultimate parent company
PRENTICE AGRICULTURE LTD
09456595
PRENTICE AGRICULTURE LTD Shareholders
The largest shareholders in Prentice Agriculture Ltd include Keith Prentice and Mark Prentice.
keith prentice
50%
mark prentice
50%
prentice agriculture ltd directors
Prentice Agriculture Ltd currently has 2 directors.
The longest serving directors include
Mr Mark Prentice (Feb 2015) and
Mr Keith Prentice (Feb 2015).
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 prentice agriculture ltd.
prentice agriculture 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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prentice agriculture ltdCompanies House Filings - See Documents
