drinsey farming company ltd
drinsey farming company ltd Company Information
Group Structure
View All
Industry
Mixed farming
Registered Address
c/o steven r. francis & co limit, bury lodge, stowmarket, suffolk, IP14 1JA
Website
-drinsey farming company ltd Estimated Valuation
Pomanda estimates the enterprise value of DRINSEY FARMING COMPANY LTD at £26.7k based on a Turnover of £45.8k and 0.58x industry multiple (adjusted for size and gross margin).
drinsey farming company ltd Estimated Valuation
Pomanda estimates the enterprise value of DRINSEY FARMING COMPANY LTD at £544.6k based on an EBITDA of £121.5k and a 4.48x industry multiple (adjusted for size and gross margin).
drinsey farming company ltd Estimated Valuation
Pomanda estimates the enterprise value of DRINSEY FARMING COMPANY LTD at £314k based on Net Assets of £228.1k and 1.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Drinsey Farming Company Ltd Overview
Drinsey Farming Company Ltd is a live company located in stowmarket, IP14 1JA with a Companies House number of 13725414. It operates in the mixed farming sector, SIC Code 01500. Founded in November 2021, it's largest shareholder is gwcm ltd with a 100% stake. Drinsey Farming Company Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £45.8k with unknown growth in recent years.
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Drinsey Farming Company Ltd Health Check
Pomanda's financial health check has awarded Drinsey Farming Company Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £45.8k, make it smaller than the average company (£1m)
- Drinsey Farming Company Ltd
£1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Drinsey Farming Company Ltd
- - Industry AVG
Production
with a gross margin of 35.8%, this company has a comparable cost of product (35.8%)
- Drinsey Farming Company Ltd
35.8% - Industry AVG
Profitability
an operating margin of 265.1% make it more profitable than the average company (6.9%)
- Drinsey Farming Company Ltd
6.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Drinsey Farming Company Ltd
14 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)
- Drinsey Farming Company Ltd
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £45.8k, this is less efficient (£107k)
- Drinsey Farming Company Ltd
£107k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Drinsey Farming Company Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (42 days)
- Drinsey Farming Company Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 140 days, this is more than average (116 days)
- Drinsey Farming Company Ltd
116 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (20 weeks)
5 weeks - Drinsey Farming Company Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.5%, this is a higher level of debt than the average (42.7%)
92.5% - Drinsey Farming Company Ltd
42.7% - Industry AVG
DRINSEY FARMING COMPANY LTD financials
Drinsey Farming Company Ltd's latest turnover from June 2023 is estimated at £45.8 thousand and the company has net assets of £228.1 thousand. According to their latest financial statements, Drinsey Farming Company Ltd has 1 employee and maintains cash reserves of £18.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | |
|---|---|---|
| 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | |
|---|---|---|
| Tangible Assets | 3,000,000 | 2,378,519 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 3,000,000 | 2,378,519 |
| Stock & work in progress | 11,350 | |
| Trade Debtors | ||
| Group Debtors | ||
| Misc Debtors | 17,685 | 26,746 |
| Cash | 18,894 | |
| misc current assets | ||
| total current assets | 47,929 | 26,746 |
| total assets | 3,047,929 | 2,405,265 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 32 | 852 |
| Group/Directors Accounts | 179,144 | |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 5,432 | 3,051 |
| total current liabilities | 184,608 | 3,903 |
| loans | 2,559,206 | 2,559,206 |
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | 76,054 | |
| total long term liabilities | 2,635,260 | 2,559,206 |
| total liabilities | 2,819,868 | 2,563,109 |
| net assets | 228,061 | -157,844 |
| total shareholders funds | 228,061 | -157,844 |
| Jun 2023 | Jun 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 11,350 | |
| Debtors | -9,061 | 26,746 |
| Creditors | -820 | 852 |
| Accruals and Deferred Income | 2,381 | 3,051 |
| Deferred Taxes & Provisions | 76,054 | |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | 179,144 | |
| Other Short Term Loans | ||
| Long term loans | 2,559,206 | |
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 18,894 | |
| overdraft | ||
| change in cash | 18,894 |
drinsey farming company ltd Credit Report and Business Information
Drinsey Farming Company Ltd Competitor Analysis
Perform a competitor analysis for drinsey farming company ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in IP14 area or any other competitors across 12 key performance metrics.
drinsey farming company ltd Ownership
DRINSEY FARMING COMPANY LTD group structure
Drinsey Farming Company Ltd has no subsidiary companies.
drinsey farming company ltd directors
Drinsey Farming Company Ltd currently has 1 director, Mr Hugh Massingberd-Mundy serving since Nov 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hugh Massingberd-Mundy | England | 57 years | Nov 2021 | - | Director |
P&L
June 2023turnover
45.8k
-8%
operating profit
121.5k
0%
gross margin
35.8%
-3.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
228.1k
-2.44%
total assets
3m
+0.27%
cash
18.9k
0%
net assets
Total assets minus all liabilities
Similar Companies
drinsey farming company ltd company details
company number
13725414
Type
Private limited with Share Capital
industry
01500 - Mixed farming
incorporation date
November 2021
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
LARKING GOWEN LLP
auditor
-
address
c/o steven r. francis & co limit, bury lodge, stowmarket, suffolk, IP14 1JA
Bank
-
Legal Advisor
-
drinsey farming company 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 4 charges/mortgages relating to drinsey farming company ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
drinsey farming company 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.
Click to start generating capital raising & share issue transactions for DRINSEY FARMING COMPANY LTD. This can take several minutes, an email will notify you when this has completed.
drinsey farming company ltd Companies House Filings - See Documents
| date | description | view/download |
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