inecto farming limited

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inecto farming limited Company Information

Share INECTO FARMING LIMITED

Company Number

11025581

Directors

Sarah Phipps

Shareholders

sarah juliet phipps

Group Structure

View All

Industry

Mixed farming

 

Registered Address

flat 6 30 harcourt terrace, london, SW10 9JR

Website

-

inecto farming limited Estimated Valuation

£291k

Pomanda estimates the enterprise value of INECTO FARMING LIMITED at £291k based on a Turnover of £623.8k and 0.47x industry multiple (adjusted for size and gross margin).

inecto farming limited Estimated Valuation

£80.9k

Pomanda estimates the enterprise value of INECTO FARMING LIMITED at £80.9k based on an EBITDA of £27.4k and a 2.95x industry multiple (adjusted for size and gross margin).

inecto farming limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of INECTO FARMING LIMITED at £1.9m based on Net Assets of £1.4m and 1.41x industry multiple (adjusted for liquidity).

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Inecto Farming Limited Overview

Inecto Farming Limited is a live company located in london, SW10 9JR with a Companies House number of 11025581. It operates in the mixed farming sector, SIC Code 01500. Founded in October 2017, it's largest shareholder is sarah juliet phipps with a 100% stake. Inecto Farming Limited is a young, small sized company, Pomanda has estimated its turnover at £623.8k with rapid growth in recent years.

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Inecto Farming Limited Health Check

Pomanda's financial health check has awarded Inecto Farming 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

1 Regular

positive_score

6 Weak

size

Size

annual sales of £623.8k, make it smaller than the average company (£1m)

£623.8k - Inecto Farming Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 138%, show it is growing at a faster rate (10.2%)

138% - Inecto Farming Limited

10.2% - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a higher cost of product (37.1%)

19.3% - Inecto Farming Limited

37.1% - Industry AVG

profitability

Profitability

an operating margin of 4.4% make it less profitable than the average company (6.6%)

4.4% - Inecto Farming Limited

6.6% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (15)

3 - Inecto Farming Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £28k, the company has an equivalent pay structure (£28k)

£28k - Inecto Farming Limited

£28k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £207.9k, this is more efficient (£107k)

£207.9k - Inecto Farming Limited

£107k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 68 days, this is later than average (21 days)

68 days - Inecto Farming Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (42 days)

29 days - Inecto Farming Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Inecto Farming Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Inecto Farming Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.9%, this is a lower level of debt than the average (42.3%)

2.9% - Inecto Farming Limited

42.3% - Industry AVG

INECTO FARMING LIMITED financials

EXPORTms excel logo

Inecto Farming Limited's latest turnover from October 2023 is estimated at £623.8 thousand and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that Inecto Farming Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018
Turnover623,847444,19459,58246,53362,627712,980
Other Income Or Grants
Cost Of Sales503,773349,19646,49137,34949,865566,580
Gross Profit120,07494,99713,0919,18412,762146,400
Admin Expenses92,662-1,519,092-19,1583,4481,313,786-1,460,948
Operating Profit27,4121,614,08932,2495,736-1,301,0241,607,348
Interest Payable
Interest Receivable1,207133160600
Pre-Tax Profit27,4121,615,29632,3835,896-1,300,4241,607,348
Tax-6,853-306,906-6,153-1,120-305,396
Profit After Tax20,5591,308,39026,2304,776-1,300,4241,301,952
Dividends Paid
Retained Profit20,5591,308,39026,2304,776-1,300,4241,301,952
Employee Costs83,95825,17624,20323,72924,62623,240
Number Of Employees311111
EBITDA*27,4121,614,08932,2495,736-1,301,0241,607,348

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018
Tangible Assets1,285,7661,285,7661,285,7661,285,7661,285,7661,435,766
Intangible Assets
Investments & Other142,789144,674
Debtors (Due After 1 year)
Total Fixed Assets1,285,7661,285,7661,285,7661,428,5551,430,4401,435,766
Stock & work in progress
Trade Debtors116,374130,035167,912
Group Debtors
Misc Debtors1,6931,6931,693
Cash107,284159,614160,009
misc current assets
total current assets116,374130,035108,977161,307161,702167,912
total assets1,402,1401,415,8011,394,7431,589,8621,592,1421,603,678
Bank overdraft
Bank loan
Trade Creditors 40,65774,877301,726
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities76,442297,791304,847
total current liabilities40,65774,87776,442297,791304,847301,726
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities40,65774,87776,442297,791304,847301,726
net assets1,361,4831,340,9241,318,3011,292,0711,287,2951,301,952
total shareholders funds1,361,4831,340,9241,318,3011,292,0711,287,2951,301,952
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018
Operating Activities
Operating Profit27,4121,614,08932,2495,736-1,301,0241,607,348
Depreciation
Amortisation
Tax-6,853-306,906-6,153-1,120-305,396
Stock
Debtors-13,661128,342-166,219167,912
Creditors-34,22074,877-301,726301,726
Accruals and Deferred Income-76,442-221,349-7,056304,847
Deferred Taxes & Provisions
Cash flow from operations1,177,276-195,253-2,440-1,131,6841,435,766
Investing Activities
capital expenditure150,000-1,435,766
Change in Investments-142,789-1,885144,674
cash flow from investments142,7891,8855,326-1,435,766
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,285,7671,285,767
interest1,207133160600
cash flow from financing-1,284,5601331601,286,367
cash and cash equivalents
cash-107,284-52,330-395160,009
overdraft
change in cash-107,284-52,330-395160,009

inecto farming 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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Inecto Farming Limited Competitor Analysis

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Perform a competitor analysis for inecto farming limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in SW10 area or any other competitors across 12 key performance metrics.

inecto farming limited Ownership

INECTO FARMING LIMITED group structure

Inecto Farming Limited has no subsidiary companies.

Ultimate parent company

INECTO FARMING LIMITED

11025581

INECTO FARMING LIMITED Shareholders

sarah juliet phipps 100%

inecto farming limited directors

Inecto Farming Limited currently has 1 director, Ms Sarah Phipps serving since Oct 2017.

officercountryagestartendrole
Ms Sarah PhippsUnited Kingdom54 years Oct 2017- Director

P&L

October 2023

turnover

623.8k

+40%

operating profit

27.4k

0%

gross margin

19.3%

-10%

turnover

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

Balance Sheet

October 2023

net assets

1.4m

+0.02%

total assets

1.4m

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

inecto farming limited company details

company number

11025581

Type

Private limited with Share Capital

industry

01500 - Mixed farming

incorporation date

October 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

flat 6 30 harcourt terrace, london, SW10 9JR

Bank

-

Legal Advisor

-

inecto farming 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 inecto farming limited.

inecto farming 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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inecto farming limited Companies House Filings - See Documents

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