w.& r. barnett, limited

5

w.& r. barnett, limited Company Information

Share W.& R. BARNETT, LIMITED
Live 
MatureMegaHigh

Company Number

NI000166

Registered Address

clarendon house, 23 clarendon road, belfast, BT1 3BG

Industry

Raising of horses and other equines

 

Activities of agricultural holding companies

 
View All 

Telephone

02890325465

Next Accounts Due

April 2025

Group Structure

View All

Directors

Robert Barnett26 Years

William Barnett20 Years

View All

Shareholders

w & r barnett holdings limited 51.1%

robert barnett 28.3%

View All

w.& r. barnett, limited Estimated Valuation

£4.1b

Pomanda estimates the enterprise value of W.& R. BARNETT, LIMITED at £4.1b based on a Turnover of £1.8b and 2.29x industry multiple (adjusted for size and gross margin).

w.& r. barnett, limited Estimated Valuation

£1.1b

Pomanda estimates the enterprise value of W.& R. BARNETT, LIMITED at £1.1b based on an EBITDA of £86.8m and a 12.75x industry multiple (adjusted for size and gross margin).

w.& r. barnett, limited Estimated Valuation

£646.4m

Pomanda estimates the enterprise value of W.& R. BARNETT, LIMITED at £646.4m based on Net Assets of £347.1m and 1.86x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

W.& R. Barnett, Limited Overview

W.& R. Barnett, Limited is a live company located in belfast, BT1 3BG with a Companies House number of NI000166. It operates in the raising of horses and other equines sector, SIC Code 01430. Founded in April 1924, it's largest shareholder is w & r barnett holdings limited with a 51.1% stake. W.& R. Barnett, Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.8b with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

W.& R. Barnett, Limited Health Check

Pomanda's financial health check has awarded W.& R. Barnett, Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £1.8b, make it larger than the average company (£13.8m)

£1.8b - W.& R. Barnett, Limited

£13.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (3.8%)

17% - W.& R. Barnett, Limited

3.8% - Industry AVG

production

Production

with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)

25.3% - W.& R. Barnett, Limited

25.3% - Industry AVG

profitability

Profitability

an operating margin of 3.5% make it more profitable than the average company (2.1%)

3.5% - W.& R. Barnett, Limited

2.1% - Industry AVG

employees

Employees

with 1703 employees, this is above the industry average (82)

1703 - W.& R. Barnett, Limited

82 - Industry AVG

paystructure

Pay Structure

on an average salary of £49k, the company has a higher pay structure (£37.1k)

£49k - W.& R. Barnett, Limited

£37.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£144.8k)

£1.1m - W.& R. Barnett, Limited

£144.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is near the average (41 days)

34 days - W.& R. Barnett, Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (33 days)

18 days - W.& R. Barnett, Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 29 days, this is less than average (181 days)

29 days - W.& R. Barnett, Limited

181 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (23 weeks)

34 weeks - W.& R. Barnett, Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.5%, this is a similar level of debt than the average (44.9%)

41.5% - W.& R. Barnett, Limited

44.9% - Industry AVG

W.& R. BARNETT, LIMITED financials

EXPORTms excel logo

W.& R. Barnett, Limited's latest turnover from July 2023 is £1.8 billion and the company has net assets of £347.1 million. According to their latest financial statements, W.& R. Barnett, Limited has 1,703 employees and maintains cash reserves of £124.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Mar 2010
Turnover1,808,523,0001,574,765,0001,274,825,0001,135,843,0001,355,474,0001,231,621,0001,113,398,597946,092,628815,089,180948,133,744499,727,651417,727,464326,364,08443,152,616139,479,610
Other Income Or Grants000000000000000
Cost Of Sales1,351,440,8001,148,023,383947,609,402832,784,363870,515,661900,195,673789,801,799639,851,523592,889,922733,964,003382,381,000296,483,208239,851,19031,771,629103,850,268
Gross Profit457,082,200426,741,617327,215,598303,058,637484,958,339331,425,327323,596,798306,241,105222,199,258214,169,741117,346,651121,244,25686,512,89411,380,98735,629,342
Admin Expenses393,509,200357,487,617274,854,598256,758,637436,025,339277,145,327275,747,914266,173,736191,455,665184,812,78999,714,376104,567,86073,625,1288,955,63228,871,434
Operating Profit63,573,00069,254,00052,361,00046,300,00048,933,00054,280,00047,848,88440,067,36930,743,59329,356,95217,632,27516,676,39612,887,7662,425,3556,757,908
Interest Payable7,317,0003,339,0002,728,0002,428,0004,580,0004,933,0002,663,4672,417,1532,715,2435,613,0281,883,4811,178,576768,918168,616467,351
Interest Receivable5,414,0001,494,0001,565,000914,0003,465,0002,575,000350,229364,275469,2773,866,4311,462,9741,376,3221,175,877565,6702,142,745
Pre-Tax Profit62,262,00069,143,00051,289,00043,742,00046,342,00051,616,00046,832,51736,243,70427,485,35831,759,92122,279,56320,708,95517,687,9793,831,39723,645,590
Tax-11,423,000-12,926,000-13,645,000-9,715,000-4,641,000-10,891,000-10,411,887-8,380,906-4,923,890-8,021,192-6,514,472-6,038,031-5,205,112-892,896-2,703,389
Profit After Tax50,839,00056,217,00037,644,00034,027,00041,701,00040,725,00036,420,63027,862,79822,561,46823,738,72915,765,09114,670,92412,482,8672,938,50120,942,201
Dividends Paid3,131,0003,059,0008,812,00010,975,00014,017,0001,444,000721,8751,443,7501,925,0001,203,1251,203,125962,500962,500012,575,460
Retained Profit41,386,00043,746,00025,821,00023,052,00015,907,00027,310,00026,245,58618,363,44114,832,83216,729,54812,570,86611,934,58910,140,3672,938,5018,366,741
Employee Costs83,447,00076,536,00073,772,00067,506,00068,948,00063,728,00060,981,09249,366,61028,036,07028,700,37516,370,82214,187,1749,859,014536,8521,961,461
Number Of Employees1,7031,7121,6841,6291,6131,5671,4851,1405125152782562363939
EBITDA*86,765,00088,092,00070,826,00064,779,00066,878,00071,293,00063,784,27753,564,72941,265,77139,887,58823,807,79922,185,00116,538,8322,573,2897,197,281

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Mar 2010
Tangible Assets158,451,000121,964,000111,494,000113,196,000113,936,000111,091,00095,169,54782,776,40741,957,26041,812,15124,261,26623,479,93423,095,3606,483,7986,575,147
Intangible Assets33,144,00034,051,00038,260,00046,956,00055,268,00063,445,00067,804,65169,600,8513,222,4659,967,16714,052,00016,197,44520,550,87323,30126,777
Investments & Other5,563,0007,180,0009,916,0007,365,00015,751,00034,446,00021,822,44819,308,34455,301,48750,946,45269,166,22853,782,85248,704,96662,026,34563,790,791
Debtors (Due After 1 year)0000729,0000000000000
Total Fixed Assets197,158,000163,195,000159,670,000167,517,000185,684,000208,982,000184,796,646171,685,602100,481,212102,725,770107,479,49493,460,23192,351,19968,533,44470,392,715
Stock & work in progress108,228,000141,083,00099,005,00097,766,00083,084,00087,443,000106,759,77891,149,09481,853,26487,333,46257,828,35150,026,51944,074,10815,783,6376,472,392
Trade Debtors173,267,000179,090,000143,337,000121,561,000131,974,000138,371,000121,226,701103,774,70968,071,82183,417,00332,947,63129,977,72735,747,1401,859,8752,453,880
Group Debtors677,0001,744,0001,251,0002,528,00017,00050,000125,0008,529,30012,455,5455,581,97611,137,9164,978,9053,787,2172,768,9594,008,715
Misc Debtors40,664,00044,876,00035,081,00024,361,00038,153,00034,120,00031,146,80827,877,63118,119,14313,129,87214,434,8837,440,54011,494,9842,407,9582,690,580
Cash124,657,000119,393,000104,308,000115,777,000103,287,00069,300,00064,839,64567,060,81280,243,70956,136,75437,710,43034,870,95229,497,13514,606,67213,625,746
misc current assets30,155,00020,000,00000070,366,00050,067,06135,300,00053,000,00049,000,00030,000,00032,000,00010,000,00041,041,88545,025,151
total current assets477,648,000506,186,000382,982,000361,993,000382,155,000399,650,000374,164,993333,691,546313,743,482294,599,067184,059,211159,294,643134,600,58478,468,98674,276,464
total assets674,806,000669,381,000542,652,000529,510,000567,839,000608,632,000558,961,639505,377,148414,224,694397,324,837291,538,705252,754,874226,951,783147,002,430144,669,179
Bank overdraft14,933,00031,048,00014,377,00021,597,00020,481,00015,821,00035,384,61334,524,29638,733,15615,368,7636,554,9735,460,876770,00000
Bank loan00000000002,605,0002,432,000826,23100
Trade Creditors 66,955,00065,725,00050,268,00047,393,00050,184,00044,926,00046,860,03241,484,17328,107,83433,140,02521,063,51910,471,05217,687,7004,672,857908,399
Group/Directors Accounts0350,000350,000350,000350,000350,000022,402,81929,901,19919,154,60812,375,7802,324,9285,135,9092,163,6492,369,563
other short term finances10,666,00018,243,00017,913,00015,545,00015,865,00018,837,0007,936,8573,195,6582,412,805008,912,0008,912,00000
hp & lease commitments1,935,0001,308,0001,032,0002,553,0003,188,0002,837,0001,676,166355,4690000000
other current liabilities93,169,00096,941,00072,173,00067,368,00080,676,00086,408,00082,026,88359,129,60736,661,93636,281,08726,753,58927,864,65324,491,0363,539,4134,607,605
total current liabilities187,658,000213,615,000156,113,000154,806,000170,744,000169,179,000173,884,551161,092,022135,816,930103,944,48369,352,86157,465,50957,822,87610,375,9197,885,567
loans64,810,00073,098,00057,958,00039,740,00043,978,00051,223,00049,032,85537,672,03529,898,00060,693,90531,279,61829,874,8138,256,60100
hp & lease commitments6,171,0002,550,0001,469,0002,525,0004,613,0004,772,0004,591,781404,5950000000
Accruals and Deferred Income5,013,0003,265,0004,106,0004,187,0004,196,0005,026,0004,930,8605,292,3625,116,6993,110,7793,653,2082,913,5922,302,7581,340,3080
other liabilities000000000000000
provisions16,594,00014,335,00013,569,0009,964,00012,032,00015,104,00011,391,84011,183,9463,697,949853,885402,000641,0001,489,00000
total long term liabilities92,588,00093,248,00077,102,00056,416,00064,819,00076,125,00069,947,33658,032,13638,712,64864,658,56935,334,82634,060,03512,048,3591,542,7080
total liabilities280,246,000306,863,000233,215,000211,222,000235,563,000245,304,000243,831,887219,124,158174,529,578168,603,052104,687,68791,525,54469,871,23511,918,6277,885,567
net assets347,077,000324,671,000278,109,000271,057,000270,833,000296,147,000258,634,686232,678,693210,705,752199,180,425181,377,918156,590,330148,504,548135,083,803136,783,612
total shareholders funds347,077,000324,671,000278,109,000271,057,000270,833,000296,147,000258,634,686232,678,693210,705,752199,180,425181,377,918156,590,330148,504,548135,083,803136,783,612
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Mar 2010
Operating Activities
Operating Profit63,573,00069,254,00052,361,00046,300,00048,933,00054,280,00047,848,88440,067,36930,743,59329,356,95217,632,27516,676,39612,887,7662,425,3556,757,908
Depreciation13,906,0009,915,0009,730,0009,839,0009,502,0008,689,0006,879,9165,683,5443,777,4764,045,2002,328,0792,126,1771,489,638144,458428,945
Amortisation9,286,0008,923,0008,735,0008,640,0008,443,0008,324,0009,055,4777,813,8166,744,7026,485,4363,847,4453,382,4282,161,4283,47610,428
Tax-11,423,000-12,926,000-13,645,000-9,715,000-4,641,000-10,891,000-10,411,887-8,380,906-4,923,890-8,021,192-6,514,472-6,038,031-5,205,112-892,896-2,703,389
Stock-32,855,00042,078,0001,239,00014,682,000-4,359,000-19,316,77815,610,6849,295,830-5,480,19829,505,1117,801,8325,952,41128,290,47115,783,6376,472,392
Debtors-11,102,00046,041,00031,219,000-22,423,000-1,668,00020,042,49112,316,86941,535,131-3,482,34243,608,42116,123,258-8,632,16943,992,5497,036,7929,153,175
Creditors1,230,00015,457,0002,875,000-2,791,0005,258,000-1,934,0325,375,85913,376,339-5,032,19112,076,50610,592,467-7,216,64813,014,8434,672,857908,399
Accruals and Deferred Income-2,024,00023,927,0004,724,000-13,317,000-6,562,0004,476,25722,535,77422,643,3342,386,7698,985,069-371,4483,984,45121,914,0734,879,7214,607,605
Deferred Taxes & Provisions2,259,000766,0003,605,000-2,068,000-3,072,0003,712,160207,8947,485,9972,844,064451,885-239,000-848,0001,489,00000
Cash flow from operations120,764,00027,197,00035,927,00044,629,00063,888,00065,930,67253,564,36437,858,53245,503,063-19,733,6763,350,25614,746,531-24,531,384-11,587,458-5,615,671
Investing Activities
capital expenditure00000-57,756,000-34,574,657-90,758,475-9,320,795-5,412,520-6,642,922-14,452,05720,535,825-83,668-15,285,615
Change in Investments-1,617,000-2,736,0002,551,000-8,386,000-18,695,00012,623,5522,514,104-35,993,1434,355,035-18,219,77615,383,3765,077,886-13,321,37962,026,34563,790,791
cash flow from investments1,617,0002,736,000-2,551,0008,386,00018,695,000-70,379,552-37,088,761-54,765,332-13,675,83012,807,256-22,026,298-19,529,94333,857,204-62,110,013-79,076,406
Financing Activities
Bank loans000000000-2,605,000173,0001,605,769826,23100
Group/Directors Accounts-350,0000000350,000-22,402,819-7,498,38010,746,5916,778,82810,050,852-2,810,9812,972,2602,163,6492,369,563
Other Short Term Loans -7,577,000330,0002,368,000-320,000-2,972,00010,900,1434,741,199782,8532,412,8050-8,912,00008,912,00000
Long term loans-8,288,00015,140,00018,218,000-4,238,000-7,245,0002,190,14511,360,8207,774,035-30,795,90529,414,2871,404,80521,618,2128,256,60100
Hire Purchase and Lease Commitments4,248,0001,357,000-2,577,000-2,723,000192,0001,341,0535,507,883760,0640000000
other long term liabilities000000000000000
share issue-18,980,0002,816,000-18,769,000-22,828,000-41,221,00010,202,314-289,5933,609,500-3,307,5051,072,95912,216,722-3,848,8073,280,378132,145,302128,416,871
interest-1,903,000-1,845,000-1,163,000-1,514,000-1,115,000-2,358,000-2,313,238-2,052,878-2,245,966-1,746,597-420,507197,746406,959397,0541,675,394
cash flow from financing-32,850,00017,798,000-1,923,000-31,623,000-52,361,00022,625,655-3,395,7483,375,194-23,189,98032,914,47714,512,87216,761,93924,654,429134,706,005132,461,828
cash and cash equivalents
cash5,264,00015,085,000-11,469,00012,490,00033,987,0004,460,355-2,221,167-13,182,89724,106,95518,426,3242,839,4785,373,81714,890,46314,606,67213,625,746
overdraft-16,115,00016,671,000-7,220,0001,116,0004,660,000-19,563,613860,317-4,208,86023,364,3938,813,7901,094,0974,690,876770,00000
change in cash21,379,000-1,586,000-4,249,00011,374,00029,327,00024,023,968-3,081,484-8,974,037742,5629,612,5341,745,381682,94114,120,46314,606,67213,625,746

w.& r. barnett, limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for w.& r. barnett, limited. Get real-time insights into w.& r. barnett, limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

W.& R. Barnett, Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for w.& r. barnett, limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mega companies, companies in BT1 area or any other competitors across 12 key performance metrics.

w.& r. barnett, limited Ownership

W.& R. BARNETT, LIMITED Shareholders

w & r barnett holdings limited 51.11%
robert barnett 28.27%
smith williamson nominees limited a/c ud722 6.69%
smith williamson nominees limited a/c ud724 6.69%
smith williamson nominees limited a/c ud723 6.69%
ryan morton mcauley 0.55%

w.& r. barnett, limited directors

W.& R. Barnett, Limited currently has 9 directors. The longest serving directors include Mr Robert Barnett (Sep 1998) and Mr William Barnett (Jun 2004).

officercountryagestartendrole
Mr Robert Barnett80 years Sep 1998- Director
Mr William Barnett47 years Jun 2004- Director
Mr Declan BillingtonNorthern Ireland59 years Feb 2009- Director
Mr Bernard McDonnell65 years Dec 2009- Director
Mrs Claudine Heron49 years Dec 2014- Director
Mr Thomas BreenEngland65 years Oct 2019- Director
Mrs Janet McCollum59 years Oct 2019- Director
Mr David RichardsonEngland55 years Sep 2022- Director
Mr Gerard O'Callaghan50 years Aug 2024- Director

P&L

July 2023

turnover

1.8b

+15%

operating profit

63.6m

-8%

gross margin

25.3%

-6.73%

turnover

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

Balance Sheet

July 2023

net assets

347.1m

+0.07%

total assets

674.8m

+0.01%

cash

124.7m

+0.04%

net assets

Total assets minus all liabilities

w.& r. barnett, limited company details

company number

NI000166

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

01430 - Raising of horses and other equines

64201 - Activities of agricultural holding companies

incorporation date

April 1924

age

100

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

clarendon house, 23 clarendon road, belfast, BT1 3BG

Bank

BANK OF IRELAND, BANK OF IRELAND

Legal Advisor

A&L GOODBODY

w.& r. barnett, 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 w.& r. barnett, limited.

charges

w.& r. barnett, limited Companies House Filings - See Documents

datedescriptionview/download