jepco (glebe) limited
jepco (glebe) limited Company Information
Company Number
11317830
Next Accounts
Oct 2025
Industry
Growing of vegetables and melons, roots and tubers
Shareholders
jepco (soiless systems) limited
Group Structure
View All
Contact
Registered Address
norfolk house farm, gedney marsh, holbeach, spalding, lincolnshire, PE12 9PB
Website
angliasalads.co.ukjepco (glebe) limited Estimated Valuation
Pomanda estimates the enterprise value of JEPCO (GLEBE) LIMITED at £1.3m based on a Turnover of £3.8m and 0.35x industry multiple (adjusted for size and gross margin).
jepco (glebe) limited Estimated Valuation
Pomanda estimates the enterprise value of JEPCO (GLEBE) LIMITED at £1.8m based on an EBITDA of £449k and a 4.03x industry multiple (adjusted for size and gross margin).
jepco (glebe) limited Estimated Valuation
Pomanda estimates the enterprise value of JEPCO (GLEBE) LIMITED at £0 based on Net Assets of £-3.5m and 1.31x industry multiple (adjusted for liquidity).
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Jepco (glebe) Limited Overview
Jepco (glebe) Limited is a live company located in spalding, PE12 9PB with a Companies House number of 11317830. It operates in the growing of vegetables and melons, roots and tubers sector, SIC Code 01130. Founded in April 2018, it's largest shareholder is jepco (soiless systems) limited with a 100% stake. Jepco (glebe) Limited is a young, small sized company, Pomanda has estimated its turnover at £3.8m with rapid growth in recent years.
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Jepco (glebe) Limited Health Check
Pomanda's financial health check has awarded Jepco (Glebe) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £3.8m, make it smaller than the average company (£7.7m)
- Jepco (glebe) Limited
£7.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (5.7%)
- Jepco (glebe) Limited
5.7% - Industry AVG
Production
with a gross margin of 18.4%, this company has a comparable cost of product (18.4%)
- Jepco (glebe) Limited
18.4% - Industry AVG
Profitability
an operating margin of -4.5% make it less profitable than the average company (2.3%)
- Jepco (glebe) Limited
2.3% - Industry AVG
Employees
with 33 employees, this is below the industry average (48)
33 - Jepco (glebe) Limited
48 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Jepco (glebe) Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £114k, this is equally as efficient (£128.4k)
- Jepco (glebe) Limited
£128.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (23 days)
- Jepco (glebe) Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (31 days)
- Jepco (glebe) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is less than average (34 days)
- Jepco (glebe) Limited
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Jepco (glebe) Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 169.2%, this is a higher level of debt than the average (53.6%)
169.2% - Jepco (glebe) Limited
53.6% - Industry AVG
JEPCO (GLEBE) LIMITED financials
Jepco (Glebe) Limited's latest turnover from January 2024 is estimated at £3.8 million and the company has net assets of -£3.5 million. According to their latest financial statements, Jepco (Glebe) Limited has 33 employees and maintains cash reserves of £17.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| 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 | 33 | 33 | 33 | 29 | 23 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 4,006,070 | 4,253,170 | 4,857,349 | 5,414,320 | 5,849,797 | 1,443,718 |
| 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 | 4,006,070 | 4,253,170 | 4,857,349 | 5,414,320 | 5,849,797 | 1,443,718 |
| Stock & work in progress | 199,404 | 190,016 | 200,349 | 131,212 | 75,776 | 0 |
| Trade Debtors | 18,555 | 0 | 0 | 393 | 0 | 0 |
| Group Debtors | 457,447 | 318,253 | 1,325,696 | 0 | 1,051,737 | 2,172,560 |
| Misc Debtors | 326,473 | 241,639 | 346,552 | 226,261 | 273,860 | 183,018 |
| Cash | 17,065 | 56,608 | 22,443 | 44,910 | 5,049 | 396,405 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,018,944 | 806,516 | 1,895,040 | 402,776 | 1,406,422 | 2,751,983 |
| total assets | 5,025,014 | 5,059,686 | 6,752,389 | 5,817,096 | 7,256,219 | 4,195,701 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 195,816 | 163,316 | 200,815 | 190,815 | 190,815 | 0 |
| Trade Creditors | 853,729 | 224,705 | 238,907 | 219,900 | 225,080 | 84,410 |
| Group/Directors Accounts | 4,060,631 | 3,881,422 | 4,995,979 | 3,472,141 | 3,531,848 | 1,155,389 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 51,853 | 20,335 | 20,335 | 20,335 | 8,635 | 0 |
| other current liabilities | 415,623 | 745,699 | 525,745 | 431,818 | 294,501 | 2,500 |
| total current liabilities | 5,577,652 | 5,035,477 | 5,981,781 | 4,335,009 | 4,250,879 | 1,242,299 |
| loans | 2,847,725 | 2,886,040 | 3,049,356 | 3,243,369 | 3,336,481 | 3,059,266 |
| hp & lease commitments | 76,327 | 9,180 | 29,515 | 49,850 | 31,185 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 95,070 | 258,048 | 421,025 | 584,002 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,924,052 | 2,990,290 | 3,336,919 | 3,714,244 | 3,951,668 | 3,059,266 |
| total liabilities | 8,501,704 | 8,025,767 | 9,318,700 | 8,049,253 | 8,202,547 | 4,301,565 |
| net assets | -3,476,690 | -2,966,081 | -2,566,311 | -2,232,157 | -946,328 | -105,864 |
| total shareholders funds | -3,476,690 | -2,966,081 | -2,566,311 | -2,232,157 | -946,328 | -105,864 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 618,825 | 580,475 | 577,527 | 487,812 | 232,477 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 9,388 | -10,333 | 69,137 | 55,436 | 75,776 | 0 |
| Debtors | 242,583 | -1,112,356 | 1,445,594 | -1,098,943 | -1,029,981 | 2,355,578 |
| Creditors | 629,024 | -14,202 | 19,007 | -5,180 | 140,670 | 84,410 |
| Accruals and Deferred Income | -330,076 | 219,954 | 93,927 | 137,317 | 292,001 | 2,500 |
| 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 | 32,500 | -37,499 | 10,000 | 0 | 190,815 | 0 |
| Group/Directors Accounts | 179,209 | -1,114,557 | 1,523,838 | -59,707 | 2,376,459 | 1,155,389 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -38,315 | -163,316 | -194,013 | -93,112 | 277,215 | 3,059,266 |
| Hire Purchase and Lease Commitments | 98,665 | -20,335 | -20,335 | 30,365 | 39,820 | 0 |
| other long term liabilities | -95,070 | -162,978 | -162,977 | -162,977 | 584,002 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -39,543 | 34,165 | -22,467 | 39,861 | -391,356 | 396,405 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -39,543 | 34,165 | -22,467 | 39,861 | -391,356 | 396,405 |
jepco (glebe) limited Credit Report and Business Information
Jepco (glebe) Limited Competitor Analysis
Perform a competitor analysis for jepco (glebe) limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in PE12 area or any other competitors across 12 key performance metrics.
jepco (glebe) limited Ownership
JEPCO (GLEBE) LIMITED group structure
Jepco (Glebe) Limited has no subsidiary companies.
Ultimate parent company
2 parents
JEPCO (GLEBE) LIMITED
11317830
jepco (glebe) limited directors
Jepco (Glebe) Limited currently has 2 directors. The longest serving directors include Mr Stuart Piccaver (Apr 2018) and Mr Simon Goddard (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Piccaver | 53 years | Apr 2018 | - | Director | |
| Mr Simon Goddard | United Kingdom | 65 years | Apr 2018 | - | Director |
P&L
January 2024turnover
3.8m
+39%
operating profit
-169.8k
0%
gross margin
18.5%
+17.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-3.5m
+0.17%
total assets
5m
-0.01%
cash
17.1k
-0.7%
net assets
Total assets minus all liabilities
jepco (glebe) limited company details
company number
11317830
Type
Private limited with Share Capital
industry
01130 - Growing of vegetables and melons, roots and tubers
incorporation date
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
MOORE THOMPSON
auditor
-
address
norfolk house farm, gedney marsh, holbeach, spalding, lincolnshire, PE12 9PB
Bank
-
Legal Advisor
-
jepco (glebe) 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 jepco (glebe) limited.
jepco (glebe) limited Companies House Filings - See Documents
| date | description | view/download |
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