jmw farms ltd

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jmw farms ltd Company Information

Share JMW FARMS LTD

Company Number

NI055491

Directors

James Wright

Mark Wright

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Shareholders

dartan hall hodings ltd

Group Structure

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Industry

Raising of swine/pigs

 

Registered Address

2 kennedies road, killylea, armagh, BT60 4NQ

jmw farms ltd Estimated Valuation

£111m

Pomanda estimates the enterprise value of JMW FARMS LTD at £111m based on a Turnover of £96m and 1.16x industry multiple (adjusted for size and gross margin).

jmw farms ltd Estimated Valuation

£123m

Pomanda estimates the enterprise value of JMW FARMS LTD at £123m based on an EBITDA of £12.7m and a 9.72x industry multiple (adjusted for size and gross margin).

jmw farms ltd Estimated Valuation

£107.8m

Pomanda estimates the enterprise value of JMW FARMS LTD at £107.8m based on Net Assets of £64.4m and 1.67x industry multiple (adjusted for liquidity).

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Jmw Farms Ltd Overview

Jmw Farms Ltd is a live company located in armagh, BT60 4NQ with a Companies House number of NI055491. It operates in the raising of swine/pigs sector, SIC Code 01460. Founded in June 2005, it's largest shareholder is dartan hall hodings ltd with a 100% stake. Jmw Farms Ltd is a mature, large sized company, Pomanda has estimated its turnover at £96m with high growth in recent years.

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Jmw Farms Ltd Health Check

Pomanda's financial health check has awarded Jmw Farms Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

3 Regular

positive_score

1 Weak

size

Size

annual sales of £96m, make it larger than the average company (£20.7m)

£96m - Jmw Farms Ltd

£20.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (11.7%)

21% - Jmw Farms Ltd

11.7% - Industry AVG

production

Production

with a gross margin of 22.3%, this company has a comparable cost of product (19.2%)

22.3% - Jmw Farms Ltd

19.2% - Industry AVG

profitability

Profitability

an operating margin of 5.9% make it more profitable than the average company (4.9%)

5.9% - Jmw Farms Ltd

4.9% - Industry AVG

employees

Employees

with 141 employees, this is above the industry average (45)

141 - Jmw Farms Ltd

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.8k, the company has an equivalent pay structure (£34.6k)

£37.8k - Jmw Farms Ltd

£34.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £681k, this is more efficient (£527.5k)

£681k - Jmw Farms Ltd

£527.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (16 days)

10 days - Jmw Farms Ltd

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (44 days)

24 days - Jmw Farms Ltd

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 80 days, this is in line with average (96 days)

80 days - Jmw Farms Ltd

96 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (5 weeks)

45 weeks - Jmw Farms Ltd

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.9%, this is a lower level of debt than the average (53.3%)

35.9% - Jmw Farms Ltd

53.3% - Industry AVG

JMW FARMS LTD financials

EXPORTms excel logo

Jmw Farms Ltd's latest turnover from September 2023 is £96 million and the company has net assets of £64.4 million. According to their latest financial statements, Jmw Farms Ltd has 141 employees and maintains cash reserves of £6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Jun 2010
Turnover96,019,68370,246,93762,847,14653,593,86843,146,87540,608,13937,431,78029,979,44529,618,59927,357,35123,383,97622,254,85718,801,137
Other Income Or Grants
Cost Of Sales74,606,36259,581,93547,412,75938,202,00132,947,60229,105,66529,230,39726,194,74525,694,77022,691,10719,272,99917,366,52414,315,759
Gross Profit21,413,32110,665,00215,434,38715,391,86710,199,27311,502,4748,201,3833,784,7003,923,8294,666,2444,110,9774,888,3334,485,378
Admin Expenses15,715,39511,768,1559,594,2798,800,6976,386,5415,670,5284,130,8903,099,3952,724,5093,011,9312,483,7073,272,7352,560,370
Operating Profit5,697,926-1,103,1535,840,1086,591,1703,812,7325,831,9464,070,493685,3051,199,3201,654,3131,627,2701,615,5981,925,008
Interest Payable649,762312,173197,900232,209198,973190,738239,412189,492155,77417,94040,31311,956151,045
Interest Receivable26,1373,8916,4258,52710,493
Pre-Tax Profit5,048,164-1,415,3265,642,2086,358,9613,613,7595,632,0893,831,081521,9501,047,4371,642,7981,595,4841,614,1351,925,008
Tax-1,224,160993,014-1,347,364-319,452-109,373919,910-708,713-129,680-77,13484,752-83,225-82,089-545,271
Profit After Tax3,824,004-422,3124,294,8446,039,5093,504,3866,551,9993,122,368392,270970,3031,727,5501,512,2591,532,0461,379,737
Dividends Paid200,000
Retained Profit3,824,004-422,3124,294,8446,039,5093,504,3866,551,9993,122,368392,270970,3031,727,5501,512,2591,532,0461,179,737
Employee Costs5,333,5314,762,4014,165,8493,574,6353,291,7592,853,7812,668,8222,441,9622,217,8831,819,4892,004,0631,734,2551,636,509
Number Of Employees14112311510211496102898266677163
EBITDA*12,651,4795,747,37511,697,90410,928,6737,301,8018,526,6796,009,3191,819,7032,371,0983,682,1792,328,7842,314,5392,563,028

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Jun 2010
Tangible Assets60,502,76445,309,23444,367,74335,632,02929,161,29228,312,03724,974,28125,743,79613,101,93113,003,0027,375,3216,891,2304,986,216
Intangible Assets6,823,1377,983,7067,612,0326,186,4184,987,1752,898,900450,000600,000900,0001,400,000400,000602,666805,333
Investments & Other50,62550,625
Debtors (Due After 1 year)
Total Fixed Assets67,325,90153,292,94051,979,77541,818,44734,148,46731,210,93725,424,28126,343,79614,001,93114,403,0027,775,3217,544,5215,842,174
Stock & work in progress16,445,71818,842,31613,062,77812,438,45210,237,6999,806,3136,399,7756,135,7776,039,0995,022,4463,765,2242,562,3722,223,429
Trade Debtors2,706,4583,090,2752,698,5962,987,8661,528,3344,768,5783,097,5271,454,1001,009,6631,360,3452,791,995810,444798,784
Group Debtors6,979,8583,826,3723,797,6843,232,2705,561,927398,743787,05976476,688
Misc Debtors891,2931,443,0501,627,2141,468,9081,148,3771,936,6231,808,931228,519258,305472,679311,865428,112292,425
Cash6,046,799558,7523,961,7591,323,041682,120209,429333,442202,253266,501536,100416,889130,381108,463
misc current assets27,444314,294754,294696,266553,918375,67050,670132,000
total current assets33,097,57028,075,05925,902,32522,146,80319,794,55917,673,60412,015,3458,071,3198,492,6277,391,6467,762,6613,931,3093,423,101
total assets100,423,47181,367,99977,882,10063,965,25053,943,02648,884,54137,439,62634,415,11522,494,55821,794,64815,537,98211,475,8309,265,275
Bank overdraft1,035,6481,201,581821,445557,4482,140,8161,540,7591,154,6501,673,1341,655,212436,023391,349233,07161,844
Bank loan613,616352,23951,346
Trade Creditors 5,065,7628,974,5765,097,9584,495,1856,974,5966,459,7103,261,4443,678,6834,069,8513,932,8743,372,7603,112,4371,644,326
Group/Directors Accounts274,16916,338373,279312,108582,767898,986581,429
other short term finances
hp & lease commitments463,709533,164468,443502,802372,836450,961482,108416,355199,761153,51960,65146,88559,959
other current liabilities135,944131,044124,872110,78381,85969,59467,00440,77945,95443,52340,34257,322642,037
total current liabilities6,975,23210,840,3656,529,0566,039,4979,882,2159,103,7915,864,1926,390,3805,970,7785,179,5554,217,3413,501,0612,408,166
loans11,386,0988,133,3868,004,5145,963,6815,164,9384,820,7304,345,5055,605,5916,948,7088,036,3915,871,0284,173,8114,585,679
hp & lease commitments709,281596,455568,616794,136505,147455,073660,459808,848401,876444,294132,07073,76571,150
Accruals and Deferred Income
other liabilities4,496
provisions16,952,0499,972,70510,807,6296,405,7525,093,2214,711,8284,190,7942,586,33373,62383,225
total long term liabilities29,051,92418,702,54619,380,75913,163,56910,763,3069,987,6319,196,7589,000,7727,424,2078,480,6856,086,3234,247,5764,656,829
total liabilities36,027,15629,542,91125,909,81519,203,06620,645,52119,091,42215,060,95015,391,15213,394,98513,660,24010,303,6647,748,6377,064,995
net assets64,396,31551,825,08851,972,28544,762,18433,297,50529,793,11922,378,67619,023,9639,099,5738,134,4085,234,3183,727,1932,200,280
total shareholders funds64,396,31551,825,08851,972,28544,762,18433,297,50529,793,11922,378,67619,023,9639,099,5738,134,4085,234,3183,727,1932,200,280
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Jun 2010
Operating Activities
Operating Profit5,697,926-1,103,1535,840,1086,591,1703,812,7325,831,9464,070,493685,3051,199,3201,654,3131,627,2701,615,5981,925,008
Depreciation3,417,5823,135,3872,948,1852,279,0912,061,0941,941,8831,788,826834,398671,778627,866498,848465,578435,353
Amortisation3,535,9713,715,1412,909,6112,058,4121,427,975752,850150,000300,000500,0001,400,000202,666233,363202,667
Tax-1,224,160993,014-1,347,364-319,452-109,373919,910-708,713-129,680-77,13484,752-83,225-82,089-545,271
Stock-2,396,5985,779,538624,3262,200,753431,3863,406,538263,99896,6781,016,6531,257,2221,202,852338,9432,223,429
Debtors2,217,912236,203434,450-549,5941,134,6942,197,4863,223,839-372,408221,927-1,747,4482,341,992147,3471,091,209
Creditors-3,908,8143,876,618602,773-2,479,411514,8863,198,266-417,239-391,168136,977560,114260,3231,468,1111,644,326
Accruals and Deferred Income4,9006,17214,08928,92412,2652,59026,225-5,1752,4313,181-16,980-584,715642,037
Deferred Taxes & Provisions6,979,344-834,9244,401,8771,312,531381,393521,0341,604,4612,512,71073,623-83,22583,225
Cash flow from operations14,681,4353,772,51414,310,5037,820,1066,534,8927,564,4553,026,2164,082,1201,268,4154,737,227-972,7172,629,556989,482
Investing Activities
capital expenditure-7,712,136-1,298,971-1,475,133-901,303-8,627,643-926,554-2,401,286-1,134,270
Change in Investments-50,62550,625
cash flow from investments-7,712,136-1,298,971-1,475,133-901,303-8,627,643-875,929-2,401,286-1,184,895
Financing Activities
Bank loans-613,616261,377300,89351,346
Group/Directors Accounts274,169-16,338-356,94161,171-270,659-316,219317,557581,429
Other Short Term Loans
Long term loans3,252,712128,8722,040,833798,743344,208475,225-1,260,086-1,343,117-1,087,6832,165,3631,697,217-411,8684,585,679
Hire Purchase and Lease Commitments43,37192,560-259,879418,955-28,051-236,533-82,636623,5663,824405,09272,071-10,459131,109
other long term liabilities4,496
share issue8,747,223275,1152,915,2575,425,170862,444232,3459,532,120-5,1381,172,540-5,134-5,1331,020,543
interest-649,762-312,173-197,900-232,209-198,973-190,738-239,412-163,355-151,883-11,515-31,786-1,463-151,045
cash flow from financing11,672,209168,0364,141,3706,471,830-153,475594,179-1,032,2329,230,643-1,854,4963,992,8572,033,261-377,5775,586,286
cash and cash equivalents
cash5,488,047-3,403,0072,638,718640,921472,691-124,013131,189-64,248-269,599119,211286,50821,918108,463
overdraft-165,933380,136263,997-1,583,368600,057386,109-518,48417,9221,219,18944,674158,278171,22761,844
change in cash5,653,980-3,783,1432,374,7212,224,289-127,366-510,122649,673-82,170-1,488,78874,537128,230-149,30946,619

jmw farms ltd Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Jmw Farms Ltd Competitor Analysis

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Perform a competitor analysis for jmw farms ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other large companies, companies in BT60 area or any other competitors across 12 key performance metrics.

jmw farms ltd Ownership

JMW FARMS LTD group structure

Jmw Farms Ltd has no subsidiary companies.

Ultimate parent company

1 parent

JMW FARMS LTD

NI055491

JMW FARMS LTD Shareholders

dartan hall hodings ltd 100%

jmw farms ltd directors

Jmw Farms Ltd currently has 4 directors. The longest serving directors include Mr James Wright (Jun 2005) and Mr Mark Wright (Jun 2005).

officercountryagestartendrole
Mr James WrightEngland54 years Jun 2005- Director
Mr Mark WrightUnited Kingdom52 years Jun 2005- Director
Mr James Wright54 years Jun 2005- Director
Mr Andrew IrwinEngland53 years Sep 2017- Director

P&L

September 2023

turnover

96m

+37%

operating profit

5.7m

-617%

gross margin

22.4%

+46.89%

turnover

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

Balance Sheet

September 2023

net assets

64.4m

+0.24%

total assets

100.4m

+0.23%

cash

6m

+9.82%

net assets

Total assets minus all liabilities

jmw farms ltd company details

company number

NI055491

Type

Private limited with Share Capital

industry

01460 - Raising of swine/pigs

incorporation date

June 2005

age

20

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

SP MCCAFFREY & CO

address

2 kennedies road, killylea, armagh, BT60 4NQ

Bank

HSBC BANK PLC

Legal Advisor

CARSON MCDOWELL

jmw farms 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 12 charges/mortgages relating to jmw farms ltd. Currently there are 11 open charges and 1 have been satisfied in the past.

jmw farms 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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jmw farms ltd Companies House Filings - See Documents

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