a n irwin feeds ltd
a n irwin feeds ltd Company Information
Company Number
NI026554
Next Accounts
Feb 2025
Industry
Post-harvest crop activities
Shareholders
carolyn irwin
kenneth irwin
View AllGroup Structure
View All
Contact
Registered Address
stilloga mills, 11 carrowcolman road, eglish, dungannon, BT70 1LF
Website
http://irwinfeeds.coma n irwin feeds ltd Estimated Valuation
Pomanda estimates the enterprise value of A N IRWIN FEEDS LTD at £16.5m based on a Turnover of £22.6m and 0.73x industry multiple (adjusted for size and gross margin).
a n irwin feeds ltd Estimated Valuation
Pomanda estimates the enterprise value of A N IRWIN FEEDS LTD at £14.1m based on an EBITDA of £2m and a 7.16x industry multiple (adjusted for size and gross margin).
a n irwin feeds ltd Estimated Valuation
Pomanda estimates the enterprise value of A N IRWIN FEEDS LTD at £9.6m based on Net Assets of £7.9m and 1.22x industry multiple (adjusted for liquidity).
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A N Irwin Feeds Ltd Overview
A N Irwin Feeds Ltd is a live company located in eglish, BT70 1LF with a Companies House number of NI026554. It operates in the post-harvest crop activities sector, SIC Code 01630. Founded in May 1992, it's largest shareholder is carolyn irwin with a 45% stake. A N Irwin Feeds Ltd is a mature, large sized company, Pomanda has estimated its turnover at £22.6m with high growth in recent years.
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A N Irwin Feeds Ltd Health Check
Pomanda's financial health check has awarded A N Irwin Feeds Ltd 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
7 Strong
3 Regular
2 Weak
Size
annual sales of £22.6m, make it in line with the average company (£22.6m)
£22.6m - A N Irwin Feeds Ltd
£22.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (2%)
17% - A N Irwin Feeds Ltd
2% - Industry AVG
Production
with a gross margin of 20.2%, this company has a lower cost of product (8.8%)
20.2% - A N Irwin Feeds Ltd
8.8% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (1.6%)
7.5% - A N Irwin Feeds Ltd
1.6% - Industry AVG
Employees
with 42 employees, this is above the industry average (28)
42 - A N Irwin Feeds Ltd
28 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£35.5k)
£31.3k - A N Irwin Feeds Ltd
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £538.1k, this is more efficient (£428.7k)
£538.1k - A N Irwin Feeds Ltd
£428.7k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (46 days)
54 days - A N Irwin Feeds Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (40 days)
26 days - A N Irwin Feeds Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is more than average (8 days)
25 days - A N Irwin Feeds Ltd
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (4 weeks)
67 weeks - A N Irwin Feeds Ltd
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.7%, this is a lower level of debt than the average (66.1%)
21.7% - A N Irwin Feeds Ltd
66.1% - Industry AVG
A N IRWIN FEEDS LTD financials
A N Irwin Feeds Ltd's latest turnover from May 2023 is £22.6 million and the company has net assets of £7.9 million. According to their latest financial statements, A N Irwin Feeds Ltd has 42 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,599,420 | 18,434,796 | 16,194,343 | 14,194,099 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 18,039,950 | 14,405,051 | 12,144,207 | 10,884,603 | ||||||||||
| Gross Profit | 4,559,470 | 4,029,745 | 4,050,136 | 3,309,496 | ||||||||||
| Admin Expenses | 2,861,408 | 2,054,527 | 2,236,408 | 2,401,842 | ||||||||||
| Operating Profit | 1,698,062 | 1,975,218 | 1,813,728 | 907,654 | ||||||||||
| Interest Payable | 9,523 | 13,363 | 20,780 | 28,048 | ||||||||||
| Interest Receivable | 82,639 | 12,118 | 0 | 0 | ||||||||||
| Pre-Tax Profit | 1,771,178 | 1,973,973 | 1,792,948 | 879,606 | ||||||||||
| Tax | -163,795 | -194,487 | -306,838 | -164,437 | ||||||||||
| Profit After Tax | 1,607,383 | 1,779,486 | 1,486,110 | 715,169 | ||||||||||
| Dividends Paid | 33,000 | 33,000 | 33,000 | 0 | ||||||||||
| Retained Profit | 1,574,383 | 1,746,486 | 1,453,110 | 715,169 | ||||||||||
| Employee Costs | 1,316,230 | 1,292,465 | 1,095,478 | 1,044,860 | ||||||||||
| Number Of Employees | 42 | 43 | 42 | 38 | 39 | 39 | 38 | 39 | ||||||
| EBITDA* | 1,969,780 | 2,264,673 | 2,102,617 | 1,181,146 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,821,216 | 2,426,351 | 1,955,340 | 1,819,258 | 1,578,469 | 1,314,938 | 940,255 | 748,023 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,821,216 | 2,426,351 | 1,955,340 | 1,819,258 | 1,578,469 | 1,314,938 | 940,255 | 748,023 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 1,281,323 | 1,652,732 | 1,246,236 | 906,314 | 648,938 | 630,637 | 496,612 | 350,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,378,230 | 3,364,296 | 2,744,955 | 2,203,258 | 2,584,271 | 2,649,720 | 2,345,905 | 2,173,532 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 386,041 | 196,919 | 213,019 | 230,994 | 194,347 | 160,440 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,243,894 | 1,620,152 | 1,197,041 | 364,361 | 79,984 | 342,918 | 80,764 | 100,835 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 30,634 | 26,951 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,289,488 | 6,834,099 | 5,401,251 | 3,704,927 | 3,507,540 | 3,783,715 | 2,953,915 | 2,652,118 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| total assets | 10,110,704 | 9,260,450 | 7,356,591 | 5,524,185 | 5,086,009 | 5,098,653 | 3,894,170 | 3,400,141 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 3,926 | 1,253 | 73,648 | 126,944 | 168,394 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 58,001 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,323,168 | 1,887,115 | 1,560,718 | 1,060,044 | 1,268,194 | 1,451,711 | 2,460,806 | 2,603,568 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 56,679 | 145,170 | 239,865 | 297,581 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 319,742 | 971,105 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 48,271 | 71,697 | 63,289 | 90,593 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 285,618 | 249,621 | 333,655 | 291,678 | 647,756 | 746,718 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,717,662 | 2,412,857 | 2,271,175 | 1,866,840 | 2,235,692 | 3,169,534 | 2,460,806 | 2,603,568 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 91,757 | 192,045 | 240,253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 27,845 | 71,350 | 44,958 | 61,624 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 90,834 | 131,818 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 12,196 | 190,239 | 123,780 | 121,429 | 67,305 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 443,182 | 336,854 | 247,268 | 195,237 | 194,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 471,027 | 499,961 | 484,271 | 509,310 | 384,451 | 123,780 | 212,263 | 199,123 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,188,689 | 2,912,818 | 2,755,446 | 2,376,150 | 2,620,143 | 3,293,314 | 2,673,069 | 2,802,691 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 7,922,015 | 6,347,632 | 4,601,145 | 3,148,035 | 2,465,866 | 1,805,339 | 1,221,101 | 597,450 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 7,922,015 | 6,347,632 | 4,601,145 | 3,148,035 | 2,465,866 | 1,805,339 | 1,221,101 | 597,450 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,698,062 | 1,975,218 | 1,813,728 | 907,654 | ||||||||||
| Depreciation | 271,718 | 289,455 | 288,889 | 273,492 | 268,693 | 141,425 | 146,135 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | -163,795 | -194,487 | -306,838 | -164,437 | ||||||||||
| Stock | -371,409 | 406,496 | 339,922 | 257,376 | 18,301 | 134,025 | 145,812 | 350,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 203,056 | 603,241 | 523,722 | -344,366 | -31,542 | 464,255 | 172,373 | 2,073,532 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -563,947 | 326,397 | 500,674 | -208,150 | -183,517 | -1,009,095 | -142,762 | 2,603,568 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 35,997 | -84,034 | 41,977 | -356,078 | -98,962 | 655,884 | -40,984 | 131,818 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 106,328 | 89,586 | 52,031 | 1,025 | 194,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,552,716 | 1,392,398 | 1,526,817 | 540,496 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -58,001 | 58,001 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -88,491 | -94,695 | -57,716 | 297,581 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -319,742 | -651,363 | 971,105 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -91,757 | -100,288 | -48,208 | 240,253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -66,931 | 34,800 | -43,970 | 152,217 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -12,196 | -178,043 | 66,459 | 2,351 | 54,124 | 67,305 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 73,116 | -1,245 | -20,780 | -28,048 | ||||||||||
| cash flow from financing | -232,064 | -103,426 | -182,870 | 131,218 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 623,742 | 423,111 | 832,680 | 284,377 | -262,934 | 262,154 | -20,071 | 100,835 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 2,673 | -72,395 | -53,296 | -41,450 | 168,394 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 621,069 | 495,506 | 885,976 | 325,827 | -431,328 | 262,154 | -20,071 | 100,835 | 0 | 0 | 0 | 0 | 0 | 0 |
a n irwin feeds ltd Credit Report and Business Information
A N Irwin Feeds Ltd Competitor Analysis
Perform a competitor analysis for a n irwin feeds ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other large companies, companies in BT70 area or any other competitors across 12 key performance metrics.
a n irwin feeds ltd Ownership
A N IRWIN FEEDS LTD group structure
A N Irwin Feeds Ltd has no subsidiary companies.
Ultimate parent company
A N IRWIN FEEDS LTD
NI026554
a n irwin feeds ltd directors
A N Irwin Feeds Ltd currently has 2 directors. The longest serving directors include Mrs Carolyn Irwin (May 1992) and Mr Samuel Irwin (May 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Carolyn Irwin | 61 years | May 1992 | - | Director | |
| Mr Samuel Irwin | 67 years | May 1992 | - | Director |
P&L
May 2023turnover
22.6m
+23%
operating profit
1.7m
-14%
gross margin
20.2%
-7.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
7.9m
+0.25%
total assets
10.1m
+0.09%
cash
2.2m
+0.38%
net assets
Total assets minus all liabilities
a n irwin feeds ltd company details
company number
NI026554
Type
Private limited with Share Capital
industry
01630 - Post-harvest crop activities
incorporation date
May 1992
age
33
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
a n irwin & son limited (March 2015)
balzac limited (May 1992)
accountant
-
auditor
DAVID LYTTLE & CO LTD
address
stilloga mills, 11 carrowcolman road, eglish, dungannon, BT70 1LF
Bank
DANSKE BANK
Legal Advisor
-
a n irwin feeds 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 did not find charges/mortgages relating to a n irwin feeds ltd.
a n irwin feeds 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.
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a n irwin feeds ltd Companies House Filings - See Documents
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