gog's little acre ltd

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gog's little acre ltd Company Information

Share GOG'S LITTLE ACRE LTD

Company Number

10132827

Shareholders

bonamy grimes

juliet rose grimes

Group Structure

View All

Industry

Growing of cereals (except rice), leguminous crops and oil seeds

 

Registered Address

eldo house kempson way, bury st edmunds, suffolk, IP32 7AR

Website

-

gog's little acre ltd Estimated Valuation

£771.3k

Pomanda estimates the enterprise value of GOG'S LITTLE ACRE LTD at £771.3k based on a Turnover of £1.5m and 0.51x industry multiple (adjusted for size and gross margin).

gog's little acre ltd Estimated Valuation

£205.2k

Pomanda estimates the enterprise value of GOG'S LITTLE ACRE LTD at £205.2k based on an EBITDA of £60.6k and a 3.39x industry multiple (adjusted for size and gross margin).

gog's little acre ltd Estimated Valuation

£400.2k

Pomanda estimates the enterprise value of GOG'S LITTLE ACRE LTD at £400.2k based on Net Assets of £261.6k and 1.53x industry multiple (adjusted for liquidity).

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Gog's Little Acre Ltd Overview

Gog's Little Acre Ltd is a live company located in suffolk, IP32 7AR with a Companies House number of 10132827. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in April 2016, it's largest shareholder is bonamy grimes with a 50% stake. Gog's Little Acre Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.

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Gog's Little Acre Ltd Health Check

Pomanda's financial health check has awarded Gog'S Little Acre Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£4.3m)

£1.5m - Gog's Little Acre Ltd

£4.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (6.3%)

40% - Gog's Little Acre Ltd

6.3% - Industry AVG

production

Production

with a gross margin of 30.5%, this company has a comparable cost of product (30.5%)

30.5% - Gog's Little Acre Ltd

30.5% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (11%)

1.5% - Gog's Little Acre Ltd

11% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (23)

6 - Gog's Little Acre Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £35k, the company has an equivalent pay structure (£35k)

£35k - Gog's Little Acre Ltd

£35k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £250.6k, this is more efficient (£169k)

£250.6k - Gog's Little Acre Ltd

£169k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is later than average (33 days)

43 days - Gog's Little Acre Ltd

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 77 days, this is slower than average (43 days)

77 days - Gog's Little Acre Ltd

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 202 days, this is more than average (87 days)

202 days - Gog's Little Acre Ltd

87 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (19 weeks)

14 weeks - Gog's Little Acre Ltd

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.3%, this is a higher level of debt than the average (44.2%)

86.3% - Gog's Little Acre Ltd

44.2% - Industry AVG

GOG'S LITTLE ACRE LTD financials

EXPORTms excel logo

Gog'S Little Acre Ltd's latest turnover from March 2023 is estimated at £1.5 million and the company has net assets of £261.6 thousand. According to their latest financial statements, Gog'S Little Acre Ltd has 6 employees and maintains cash reserves of £182.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover1,503,442795,400971,136548,201414,804566,934218,075
Other Income Or Grants
Cost Of Sales1,045,462556,404702,643393,879285,996398,053150,953
Gross Profit457,979238,996268,492154,322128,808168,88267,122
Admin Expenses436,216152,121149,078165,158108,14569,87181,596
Operating Profit21,76386,875119,414-10,83620,66399,011-14,474
Interest Payable
Interest Receivable4,74470596525162054
Pre-Tax Profit26,50787,580119,510-10,78421,17999,216-14,470
Tax-5,036-16,640-22,707-4,024-18,851
Profit After Tax21,47170,94096,803-10,78417,15580,365-14,470
Dividends Paid
Retained Profit21,47170,94096,803-10,78417,15580,365-14,470
Employee Costs210,165163,619127,40691,31290,41687,37484,288
Number Of Employees6543333
EBITDA*60,584131,042144,536-1,36326,26299,154-14,474

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets897,635885,893740,071121,80431,5421,151
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets897,635885,893740,071121,80431,5421,151
Stock & work in progress581,134525,555368,705382,865297,079240,116116,851
Trade Debtors178,23475,001177,43675,74061,587119,777
Group Debtors
Misc Debtors62,58157,17635,14060,907130,17663,67018,699
Cash182,39340,854147,18244,75458,87978,7003,481
misc current assets
total current assets1,004,342698,586728,463564,266547,721502,263139,031
total assets1,901,9771,584,4791,468,534686,070579,263503,414139,031
Bank overdraft
Bank loan
Trade Creditors 222,89426,81830321,0733549,68212,523
Group/Directors Accounts389,880139,880
other short term finances
hp & lease commitments
other current liabilities414,786477,152459,162589,035103,714287,837140,858
total current liabilities637,680503,970459,465610,108493,948437,399153,381
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities940,380840,380839,880
provisions62,3173,5762,145
total long term liabilities1,002,697840,380839,8803,5762,145
total liabilities1,640,3771,344,3501,299,345613,684496,093437,399153,381
net assets261,600240,129169,18972,38683,17066,015-14,350
total shareholders funds261,600240,129169,18972,38683,17066,015-14,350
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit21,76386,875119,414-10,83620,66399,011-14,474
Depreciation38,82144,16725,1229,4735,599143
Amortisation
Tax-5,036-16,640-22,707-4,024-18,851
Stock55,579156,850-14,16085,78656,963123,265116,851
Debtors108,638-80,39975,929-55,1168,316164,74818,699
Creditors196,07626,515-20,77020,719-9,328-2,84112,523
Accruals and Deferred Income-62,36617,990-129,873485,321-184,123146,979140,858
Deferred Taxes & Provisions62,317-3,5761,4312,145
Cash flow from operations87,35882,456-94,159475,438-234,347-63,5723,357
Investing Activities
capital expenditure-50,563-189,989-643,389-99,735-35,990-1,294
Change in Investments
cash flow from investments-50,563-189,989-643,389-99,735-35,990-1,294
Financing Activities
Bank loans
Group/Directors Accounts-389,880250,000139,880
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities100,000500839,880
share issue120
interest4,74470596525162054
cash flow from financing104,7441,205839,976-389,828250,516140,085124
cash and cash equivalents
cash141,539-106,328102,428-14,125-19,82175,2193,481
overdraft
change in cash141,539-106,328102,428-14,125-19,82175,2193,481

gog's little acre 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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Gog's Little Acre Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gog's little acre ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in IP32 area or any other competitors across 12 key performance metrics.

gog's little acre ltd Ownership

GOG'S LITTLE ACRE LTD group structure

Gog'S Little Acre Ltd has no subsidiary companies.

Ultimate parent company

GOG'S LITTLE ACRE LTD

10132827

GOG'S LITTLE ACRE LTD Shareholders

bonamy grimes 50%
juliet rose grimes 50%

gog's little acre ltd directors

Gog'S Little Acre Ltd currently has 2 directors. The longest serving directors include Mr Bonamy Grimes (Apr 2016) and Mrs Juliet Grimes (Apr 2016).

officercountryagestartendrole
Mr Bonamy GrimesUnited Kingdom53 years Apr 2016- Director
Mrs Juliet GrimesEngland53 years Apr 2016- Director

P&L

March 2023

turnover

1.5m

+89%

operating profit

21.8k

0%

gross margin

30.5%

+1.38%

turnover

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

Balance Sheet

March 2023

net assets

261.6k

+0.09%

total assets

1.9m

+0.2%

cash

182.4k

+3.46%

net assets

Total assets minus all liabilities

gog's little acre ltd company details

company number

10132827

Type

Private limited with Share Capital

industry

01110 - Growing of cereals (except rice), leguminous crops and oil seeds

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

KNIGHTS LOWE

auditor

-

address

eldo house kempson way, bury st edmunds, suffolk, IP32 7AR

Bank

-

Legal Advisor

-

gog's little acre 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 gog's little acre ltd.

gog's little acre 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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gog's little acre ltd Companies House Filings - See Documents

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