old glebe barns limited
old glebe barns limited Company Information
Company Number
09573682
Next Accounts
Dec 2025
Shareholders
valency ltd
richard john kennett
Group Structure
View All
Industry
Growing of cereals (except rice), leguminous crops and oil seeds
+1Registered Address
office services, 3, avenue st. nicholas, harpenden, AL5 2DE
Website
merseabarns.comold glebe barns limited Estimated Valuation
Pomanda estimates the enterprise value of OLD GLEBE BARNS LIMITED at £392.3k based on a Turnover of £913.7k and 0.43x industry multiple (adjusted for size and gross margin).
old glebe barns limited Estimated Valuation
Pomanda estimates the enterprise value of OLD GLEBE BARNS LIMITED at £35.2k based on an EBITDA of £9.9k and a 3.54x industry multiple (adjusted for size and gross margin).
old glebe barns limited Estimated Valuation
Pomanda estimates the enterprise value of OLD GLEBE BARNS LIMITED at £0 based on Net Assets of £-116.9k and 2.07x industry multiple (adjusted for liquidity).
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Old Glebe Barns Limited Overview
Old Glebe Barns Limited is a live company located in harpenden, AL5 2DE with a Companies House number of 09573682. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in May 2015, it's largest shareholder is valency ltd with a 100% stake. Old Glebe Barns Limited is a established, small sized company, Pomanda has estimated its turnover at £913.7k with healthy growth in recent years.
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Old Glebe Barns Limited Health Check
Pomanda's financial health check has awarded Old Glebe Barns Limited a 3 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
4 Strong
2 Regular
6 Weak
Size
annual sales of £913.7k, make it smaller than the average company (£3.8m)
- Old Glebe Barns Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.9%)
- Old Glebe Barns Limited
6.9% - Industry AVG
Production
with a gross margin of 27.5%, this company has a comparable cost of product (27.5%)
- Old Glebe Barns Limited
27.5% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (5.9%)
- Old Glebe Barns Limited
5.9% - Industry AVG
Employees
with 18 employees, this is below the industry average (30)
18 - Old Glebe Barns Limited
30 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Old Glebe Barns Limited
£27k - Industry AVG
Efficiency
resulting in sales per employee of £50.8k, this is less efficient (£152.7k)
- Old Glebe Barns Limited
£152.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (21 days)
- Old Glebe Barns Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (34 days)
- Old Glebe Barns Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (57 days)
- Old Glebe Barns Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (19 weeks)
2 weeks - Old Glebe Barns Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105%, this is a higher level of debt than the average (53%)
105% - Old Glebe Barns Limited
53% - Industry AVG
OLD GLEBE BARNS LIMITED financials
Old Glebe Barns Limited's latest turnover from March 2024 is estimated at £913.7 thousand and the company has net assets of -£116.9 thousand. According to their latest financial statements, Old Glebe Barns Limited has 18 employees and maintains cash reserves of £126.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 18 | 22 | 18 | 16 | 18 | 13 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,190,898 | 1,892,641 | 1,825,371 | 1,851,035 | 1,896,447 | 1,889,028 | 740,046 | 541,127 | 519,628 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 2,190,898 | 1,892,641 | 1,825,371 | 1,851,035 | 1,896,447 | 1,889,028 | 740,046 | 541,127 | 519,628 |
| Stock & work in progress | 27,518 | 28,277 | 28,790 | 17,283 | 1,767 | 3,488 | |||
| Trade Debtors | 600 | 806 | 1,029 | ||||||
| Group Debtors | |||||||||
| Misc Debtors | 290 | 13,154 | 15,847 | 10,843 | 2,411 | 11,827 | 2,993 | ||
| Cash | 126,236 | 195,280 | 232,530 | 182,149 | 178,196 | 246,049 | 144,738 | 820 | 252,858 |
| misc current assets | |||||||||
| total current assets | 154,644 | 237,517 | 277,167 | 210,275 | 183,403 | 261,364 | 147,731 | 820 | 252,858 |
| total assets | 2,345,542 | 2,130,158 | 2,102,538 | 2,061,310 | 2,079,850 | 2,150,392 | 887,777 | 541,947 | 772,486 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 83,349 | 37,230 | 42,728 | 4,030 | 23,228 | 45,285 | |||
| Group/Directors Accounts | 2,332,154 | 2,177,154 | 2,077,154 | 2,077,154 | 2,077,154 | 1,942,154 | 573,627 | 308,242 | 530,790 |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 28,160 | 50,920 | 31,920 | 23,212 | 22,478 | 34,186 | 93,076 | 3,153 | 3,159 |
| total current liabilities | 2,443,663 | 2,265,304 | 2,151,802 | 2,104,396 | 2,122,860 | 2,021,625 | 666,703 | 311,395 | 533,949 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 18,750 | ||||||||
| total long term liabilities | 18,750 | ||||||||
| total liabilities | 2,462,413 | 2,265,304 | 2,151,802 | 2,104,396 | 2,122,860 | 2,021,625 | 666,703 | 311,395 | 533,949 |
| net assets | -116,871 | -135,146 | -49,264 | -43,086 | -43,010 | 128,767 | 221,074 | 230,552 | 238,537 |
| total shareholders funds | -116,871 | -135,146 | -49,264 | -43,086 | -43,010 | 128,767 | 221,074 | 230,552 | 238,537 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 56,343 | 45,047 | 40,594 | 48,738 | 55,082 | 16,072 | 2,748 | 412 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -759 | -513 | 11,507 | 15,516 | -1,721 | 3,488 | |||
| Debtors | -13,070 | -1,887 | 5,004 | 7,403 | -8,387 | 8,834 | 2,993 | ||
| Creditors | 46,119 | -5,498 | 38,698 | -19,198 | -22,057 | 45,285 | |||
| Accruals and Deferred Income | -22,760 | 19,000 | 8,708 | 734 | -11,708 | -58,890 | 89,923 | -6 | 3,159 |
| Deferred Taxes & Provisions | 18,750 | ||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 155,000 | 100,000 | 135,000 | 1,368,527 | 265,385 | -222,548 | 530,790 | ||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -69,044 | -37,250 | 50,381 | 3,953 | -67,853 | 101,311 | 143,918 | -252,038 | 252,858 |
| overdraft | |||||||||
| change in cash | -69,044 | -37,250 | 50,381 | 3,953 | -67,853 | 101,311 | 143,918 | -252,038 | 252,858 |
old glebe barns limited Credit Report and Business Information
Old Glebe Barns Limited Competitor Analysis
Perform a competitor analysis for old glebe barns limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in AL5 area or any other competitors across 12 key performance metrics.
old glebe barns limited Ownership
OLD GLEBE BARNS LIMITED group structure
Old Glebe Barns Limited has no subsidiary companies.
old glebe barns limited directors
Old Glebe Barns Limited currently has 2 directors. The longest serving directors include Mr Richard Kennett (May 2015) and Mrs Anthea Sanderson (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Kennett | 79 years | May 2015 | - | Director | |
| Mrs Anthea Sanderson | United Kingdom | 50 years | May 2015 | - | Director |
P&L
March 2024turnover
913.7k
-3%
operating profit
-46.4k
0%
gross margin
27.6%
+3.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-116.9k
-0.14%
total assets
2.3m
+0.1%
cash
126.2k
-0.35%
net assets
Total assets minus all liabilities
old glebe barns limited company details
company number
09573682
Type
Private limited with Share Capital
industry
01110 - Growing of cereals (except rice), leguminous crops and oil seeds
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
GRIFFIN CHAPMAN
auditor
-
address
office services, 3, avenue st. nicholas, harpenden, AL5 2DE
Bank
-
Legal Advisor
-
old glebe barns 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 did not find charges/mortgages relating to old glebe barns limited.
old glebe barns 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.
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old glebe barns limited Companies House Filings - See Documents
| date | description | view/download |
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