farmison & co limited
farmison & co limited Company Information
Company Number
14815481
Website
farmison.comRegistered Address
farmison & co bondgate green, ripon, HG4 1QW
Industry
Processing and preserving of meat
Production of meat and poultry meat products
Telephone
01765824065
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
andrew clark 45.8%
gareth whittle 30.1%
View Allfarmison & co limited Estimated Valuation
Pomanda estimates the enterprise value of FARMISON & CO LIMITED at £1.8m based on a Turnover of £4.9m and 0.36x industry multiple (adjusted for size and gross margin).
farmison & co limited Estimated Valuation
Pomanda estimates the enterprise value of FARMISON & CO LIMITED at £0 based on an EBITDA of £-681k and a 4.15x industry multiple (adjusted for size and gross margin).
farmison & co limited Estimated Valuation
Pomanda estimates the enterprise value of FARMISON & CO LIMITED at £771.2k based on Net Assets of £380.4k and 2.03x industry multiple (adjusted for liquidity).
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Farmison & Co Limited Overview
Farmison & Co Limited is a live company located in ripon, HG4 1QW with a Companies House number of 14815481. It operates in the processing and preserving of meat sector, SIC Code 10110. Founded in April 2023, it's largest shareholder is andrew clark with a 45.8% stake. Farmison & Co Limited is a new, small sized company, Pomanda has estimated its turnover at £4.9m with unknown growth in recent years.
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Farmison & Co Limited Health Check
Pomanda's financial health check has awarded Farmison & Co Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £4.9m, make it smaller than the average company (£31m)
- Farmison & Co Limited
£31m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Farmison & Co Limited
- - Industry AVG
Production
with a gross margin of 20.6%, this company has a comparable cost of product (20.6%)
- Farmison & Co Limited
20.6% - Industry AVG
Profitability
an operating margin of -15.7% make it less profitable than the average company (2.4%)
- Farmison & Co Limited
2.4% - Industry AVG
Employees
with 46 employees, this is below the industry average (102)
46 - Farmison & Co Limited
102 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Farmison & Co Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £106.8k, this is less efficient (£221.6k)
- Farmison & Co Limited
£221.6k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (31 days)
- Farmison & Co Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (30 days)
- Farmison & Co Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 39 days, this is in line with average (36 days)
- Farmison & Co Limited
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (10 weeks)
17 weeks - Farmison & Co Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a higher level of debt than the average (60.4%)
76% - Farmison & Co Limited
60.4% - Industry AVG
FARMISON & CO LIMITED financials
Farmison & Co Limited's latest turnover from December 2023 is estimated at £4.9 million and the company has net assets of £380.4 thousand. According to their latest financial statements, Farmison & Co Limited has 46 employees and maintains cash reserves of £283 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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 | 46 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 297,933 |
| Intangible Assets | 238,783 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 536,716 |
| Stock & work in progress | 417,754 |
| Trade Debtors | 69,822 |
| Group Debtors | 0 |
| Misc Debtors | 279,504 |
| Cash | 282,987 |
| misc current assets | 0 |
| total current assets | 1,050,067 |
| total assets | 1,586,783 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 622,101 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 234,256 |
| total current liabilities | 856,357 |
| loans | 350,000 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 350,000 |
| total liabilities | 1,206,357 |
| net assets | 380,426 |
| total shareholders funds | 380,426 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 51,368 |
| Amortisation | 40,744 |
| Tax | |
| Stock | 417,754 |
| Debtors | 349,326 |
| Creditors | 622,101 |
| Accruals and Deferred Income | 234,256 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 350,000 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 282,987 |
| overdraft | 0 |
| change in cash | 282,987 |
farmison & co limited Credit Report and Business Information
Farmison & Co Limited Competitor Analysis
Perform a competitor analysis for farmison & co limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HG4 area or any other competitors across 12 key performance metrics.
farmison & co limited Ownership
FARMISON & CO LIMITED group structure
Farmison & Co Limited has no subsidiary companies.
Ultimate parent company
FARMISON & CO LIMITED
14815481
farmison & co limited directors
Farmison & Co Limited currently has 2 directors. The longest serving directors include Mr Andrew Clarke (Apr 2023) and Mr Gareth Whittle (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Clarke | United Kingdom | 60 years | Apr 2023 | - | Director |
| Mr Gareth Whittle | United Kingdom | 48 years | Apr 2023 | - | Director |
P&L
December 2023turnover
4.9m
0%
operating profit
-773.1k
0%
gross margin
20.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
380.4k
0%
total assets
1.6m
0%
cash
283k
0%
net assets
Total assets minus all liabilities
Similar Companies
farmison & co limited company details
company number
14815481
Type
Private limited with Share Capital
industry
10110 - Processing and preserving of meat
10130 - Production of meat and poultry meat products
47910 - Retail sale via mail order houses or via Internet
incorporation date
April 2023
age
1
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
ensco 1501 limited (May 2023)
accountant
ARMSTRONG WATSON
auditor
-
address
farmison & co bondgate green, ripon, HG4 1QW
Bank
-
Legal Advisor
-
farmison & co 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 found 1 charges/mortgages relating to farmison & co limited. Currently there are 1 open charges and 0 have been satisfied in the past.
farmison & co limited Companies House Filings - See Documents
| date | description | view/download |
|---|
