l b sheep farms ltd.
l b sheep farms ltd. Company Information
Company Number
10940772
Website
www.lbsheep.co.ukRegistered Address
greenacre holme marsh, kington, herefordshire, HR5 3JS
Industry
Raising of sheep and goats
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Andrew Lloyd7 Years
Shareholders
andrew lloyd 50%
alexander brown 50%
l b sheep farms ltd. Estimated Valuation
Pomanda estimates the enterprise value of L B SHEEP FARMS LTD. at £80.5k based on a Turnover of £258k and 0.31x industry multiple (adjusted for size and gross margin).
l b sheep farms ltd. Estimated Valuation
Pomanda estimates the enterprise value of L B SHEEP FARMS LTD. at £0 based on an EBITDA of £-17.8k and a 2.96x industry multiple (adjusted for size and gross margin).
l b sheep farms ltd. Estimated Valuation
Pomanda estimates the enterprise value of L B SHEEP FARMS LTD. at £0 based on Net Assets of £-58.3k and 1.4x industry multiple (adjusted for liquidity).
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L B Sheep Farms Ltd. Overview
L B Sheep Farms Ltd. is a dissolved company that was located in herefordshire, HR5 3JS with a Companies House number of 10940772. It operated in the raising of sheep and goats sector, SIC Code 01450. Founded in August 2017, it's largest shareholder was andrew lloyd with a 50% stake. The last turnover for L B Sheep Farms Ltd. was estimated at £258k.
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L B Sheep Farms Ltd. Health Check
Pomanda's financial health check has awarded L B Sheep Farms Ltd. 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
1 Regular
6 Weak
Size
annual sales of £258k, make it smaller than the average company (£376.4k)
- L B Sheep Farms Ltd.
£376.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (1.9%)
- L B Sheep Farms Ltd.
1.9% - Industry AVG
Production
with a gross margin of 10.2%, this company has a higher cost of product (15.6%)
- L B Sheep Farms Ltd.
15.6% - Industry AVG
Profitability
an operating margin of -6.9% make it less profitable than the average company (6.2%)
- L B Sheep Farms Ltd.
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - L B Sheep Farms Ltd.
6 - Industry AVG
Pay Structure
on an average salary of £26.6k, the company has an equivalent pay structure (£26.6k)
- L B Sheep Farms Ltd.
£26.6k - Industry AVG
Efficiency
resulting in sales per employee of £129k, this is more efficient (£96.1k)
- L B Sheep Farms Ltd.
£96.1k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (18 days)
- L B Sheep Farms Ltd.
18 days - Industry AVG
Creditor Days
its suppliers are paid after 96 days, this is slower than average (14 days)
- L B Sheep Farms Ltd.
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- L B Sheep Farms Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (85 weeks)
0 weeks - L B Sheep Farms Ltd.
85 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2030.2%, this is a higher level of debt than the average (40.1%)
2030.2% - L B Sheep Farms Ltd.
40.1% - Industry AVG
L B SHEEP FARMS LTD. financials
L B Sheep Farms Ltd.'s latest turnover from August 2023 is estimated at £258 thousand and the company has net assets of -£58.3 thousand. According to their latest financial statements, L B Sheep Farms Ltd. has 2 employees and maintains cash reserves of £471 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 6,921 | 6,831 | 3,208 | 4,011 | 3,675 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 6,921 | 6,831 | 3,208 | 4,011 | 3,675 |
| Stock & work in progress | 0 | 43,435 | 60,157 | 63,350 | 45,480 | 31,569 |
| Trade Debtors | 2,547 | 1,987 | 919 | 919 | 2,962 | 3,486 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 471 | 1,296 | 12,731 | 60 | 129 | 1,087 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,018 | 46,718 | 73,807 | 64,329 | 48,571 | 36,142 |
| total assets | 3,018 | 53,639 | 80,638 | 67,537 | 52,582 | 39,817 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 61,271 | 73,404 | 76,123 | 78,921 | 63,377 | 52,687 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 61,271 | 73,404 | 76,123 | 78,921 | 63,377 | 52,687 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 20,724 | 26,858 | 10,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 20,724 | 26,858 | 10,000 | 0 | 0 |
| total liabilities | 61,271 | 94,128 | 102,981 | 88,921 | 63,377 | 52,687 |
| net assets | -58,253 | -40,489 | -22,343 | -21,384 | -10,795 | -12,870 |
| total shareholders funds | -58,253 | -40,489 | -22,343 | -21,384 | -10,795 | -12,870 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 1,730 | 1,707 | 803 | 1,002 | 919 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -43,435 | -16,722 | -3,193 | 17,870 | 13,911 | 31,569 |
| Debtors | 560 | 1,068 | 0 | -2,043 | -524 | 3,486 |
| Creditors | -12,133 | -2,719 | -2,798 | 15,544 | 10,690 | 52,687 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -20,724 | -6,134 | 16,858 | 10,000 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -825 | -11,435 | 12,671 | -69 | -958 | 1,087 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -825 | -11,435 | 12,671 | -69 | -958 | 1,087 |
l b sheep farms ltd. Credit Report and Business Information
L B Sheep Farms Ltd. Competitor Analysis
Perform a competitor analysis for l b sheep farms ltd. by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other undefined companies, companies in HR5 area or any other competitors across 12 key performance metrics.
l b sheep farms ltd. Ownership
L B SHEEP FARMS LTD. group structure
L B Sheep Farms Ltd. has no subsidiary companies.
Ultimate parent company
L B SHEEP FARMS LTD.
10940772
l b sheep farms ltd. directors
L B Sheep Farms Ltd. currently has 1 director, Mr Andrew Lloyd serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Lloyd | England | 57 years | Aug 2017 | - | Director |
P&L
August 2023turnover
258k
+55%
operating profit
-17.8k
0%
gross margin
10.2%
-38.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-58.3k
+0.44%
total assets
3k
-0.94%
cash
471
-0.64%
net assets
Total assets minus all liabilities
l b sheep farms ltd. company details
company number
10940772
Type
Private limited with Share Capital
industry
01450 - Raising of sheep and goats
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
N/A
accountant
THORNE WIDGERY ACCOUNTANCY LTD
auditor
-
address
greenacre holme marsh, kington, herefordshire, HR5 3JS
Bank
-
Legal Advisor
-
l b sheep 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 found 1 charges/mortgages relating to l b sheep farms ltd.. Currently there are 0 open charges and 1 have been satisfied in the past.
l b sheep farms ltd. Companies House Filings - See Documents
| date | description | view/download |
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