howells farms limited

howells farms limited Company Information

Share HOWELLS FARMS LIMITED
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YoungMicroDeclining

Company Number

10271504

Industry

Mixed farming

 

Silviculture and other forestry activities

 

Directors

Owain Howells

Shareholders

howells investments limited

Group Structure

View All

Contact

Registered Address

bellarmine house, 14 upper church street, chepstow, monmouthshire, NP16 5EX

Website

-

howells farms limited Estimated Valuation

£25.9k

Pomanda estimates the enterprise value of HOWELLS FARMS LIMITED at £25.9k based on a Turnover of £53.6k and 0.48x industry multiple (adjusted for size and gross margin).

howells farms limited Estimated Valuation

£85.9k

Pomanda estimates the enterprise value of HOWELLS FARMS LIMITED at £85.9k based on an EBITDA of £26.6k and a 3.23x industry multiple (adjusted for size and gross margin).

howells farms limited Estimated Valuation

£88.2k

Pomanda estimates the enterprise value of HOWELLS FARMS LIMITED at £88.2k based on Net Assets of £57.5k and 1.53x industry multiple (adjusted for liquidity).

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Howells Farms Limited Overview

Howells Farms Limited is a live company located in chepstow, NP16 5EX with a Companies House number of 10271504. It operates in the mixed farming sector, SIC Code 01500. Founded in July 2016, it's largest shareholder is howells investments limited with a 100% stake. Howells Farms Limited is a young, micro sized company, Pomanda has estimated its turnover at £53.6k with declining growth in recent years.

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Howells Farms Limited Health Check

Pomanda's financial health check has awarded Howells Farms Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £53.6k, make it smaller than the average company (£1.5m)

£53.6k - Howells Farms Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (8.8%)

-27% - Howells Farms Limited

8.8% - Industry AVG

production

Production

with a gross margin of 16.7%, this company has a higher cost of product (31.2%)

16.7% - Howells Farms Limited

31.2% - Industry AVG

profitability

Profitability

an operating margin of 42.4% make it more profitable than the average company (6.1%)

42.4% - Howells Farms Limited

6.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Howells Farms Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.9k, the company has an equivalent pay structure (£27.9k)

£27.9k - Howells Farms Limited

£27.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £53.6k, this is less efficient (£112.5k)

£53.6k - Howells Farms Limited

£112.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (31 days)

7 days - Howells Farms Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 251 days, this is slower than average (46 days)

251 days - Howells Farms Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Howells Farms Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (34 weeks)

8 weeks - Howells Farms Limited

34 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.9%, this is a similar level of debt than the average (37.5%)

34.9% - Howells Farms Limited

37.5% - Industry AVG

HOWELLS FARMS LIMITED financials

EXPORTms excel logo

Howells Farms Limited's latest turnover from July 2023 is estimated at £53.6 thousand and the company has net assets of £57.5 thousand. According to their latest financial statements, Howells Farms Limited has 1 employee and maintains cash reserves of £5.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017
Turnover53,60783,687104,527136,217230,03027,2323,246
Other Income Or Grants0000000
Cost Of Sales44,64567,71187,173114,314192,84622,1702,519
Gross Profit8,96315,97617,35421,90337,1835,062727
Admin Expenses-13,752-8,9163,52669,606-32,9781,6783,606
Operating Profit22,71524,89213,828-47,70370,1613,384-2,879
Interest Payable00115115000
Interest Receivable200285416110
Pre-Tax Profit22,91524,92013,717-47,81470,1773,395-2,879
Tax-5,729-4,735-2,6060-13,334-6450
Profit After Tax17,18620,18511,111-47,81456,8432,750-2,879
Dividends Paid0000000
Retained Profit17,18620,18511,111-47,81456,8432,750-2,879
Employee Costs27,91527,03426,46725,90526,25425,71724,371
Number Of Employees1111111
EBITDA*26,56929,68217,742-42,13870,1613,384-2,879

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017
Tangible Assets82,04991,21491,505112,133000
Intangible Assets0000000
Investments & Other0000102000
Debtors (Due After 1 year)0000000
Total Fixed Assets82,04991,21491,505112,133102000
Stock & work in progress0000000
Trade Debtors1,1043,3272,2505,66291,1261,86250
Group Debtors0000000
Misc Debtors0000000
Cash5,1092,8891,5318,12304,2380
misc current assets0000000
total current assets6,2136,2163,78113,78591,1266,10050
total assets88,26297,43095,286125,91891,1366,30050
Bank overdraft0000000
Bank loan0000000
Trade Creditors 30,78057,13475,17580,97834,3226,3292,829
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities30,78057,13475,17580,97834,3226,3292,829
loans0003,780000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities00032,160000
provisions0000000
total long term liabilities00035,940000
total liabilities30,78057,13475,175116,91834,3226,3292,829
net assets57,48240,29620,1119,00056,814-29-2,779
total shareholders funds57,48240,29620,1119,00056,814-29-2,779
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017
Operating Activities
Operating Profit22,71524,89213,828-47,70370,1613,384-2,879
Depreciation3,8544,7903,9145,565000
Amortisation0000000
Tax-5,729-4,735-2,6060-13,334-6450
Stock0000000
Debtors-2,2231,077-3,412-85,46489,2641,81250
Creditors-26,354-18,041-5,80346,65627,9933,5002,829
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations-3,2915,82912,74589,982-4,4444,427-100
Investing Activities
capital expenditure5,311-4,49916,714-117,698000
Change in Investments000-10-1902000
cash flow from investments5,311-4,49916,714-117,688190-2000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans00-3,7803,780000
Hire Purchase and Lease Commitments0000000
other long term liabilities00-32,16032,160000
share issue000000100
interest20028-110-11116110
cash flow from financing20028-36,05035,8291611100
cash and cash equivalents
cash2,2201,358-6,5928,123-4,2384,2380
overdraft0000000
change in cash2,2201,358-6,5928,123-4,2384,2380

howells farms limited 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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Howells Farms Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for howells farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in NP16 area or any other competitors across 12 key performance metrics.

howells farms limited Ownership

HOWELLS FARMS LIMITED group structure

Howells Farms Limited has 1 subsidiary company.

Ultimate parent company

1 parent

HOWELLS FARMS LIMITED

10271504

1 subsidiary

HOWELLS FARMS LIMITED Shareholders

howells investments limited 100%

howells farms limited directors

Howells Farms Limited currently has 1 director, Mr Owain Howells serving since Jul 2016.

officercountryagestartendrole
Mr Owain Howells32 years Jul 2016- Director

P&L

July 2023

turnover

53.6k

-36%

operating profit

22.7k

0%

gross margin

16.8%

-12.42%

turnover

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

Balance Sheet

July 2023

net assets

57.5k

+0.43%

total assets

88.3k

-0.09%

cash

5.1k

+0.77%

net assets

Total assets minus all liabilities

howells farms limited company details

company number

10271504

Type

Private limited with Share Capital

industry

01500 - Mixed farming

02100 - Silviculture and other forestry activities

incorporation date

July 2016

age

8

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

July 2023

previous names

piercefield farm estates limited (August 2019)

piercefield developments (uk) limited (December 2017)

accountant

MACARIO LEWIN

auditor

-

address

bellarmine house, 14 upper church street, chepstow, monmouthshire, NP16 5EX

Bank

-

Legal Advisor

-

howells farms 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 howells farms limited.

charges

howells farms limited Companies House Filings - See Documents

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