jmw farms ltd Company Information
Company Number
NI055491
Next Accounts
Jun 2025
Shareholders
dartan hall hodings ltd
Group Structure
View All
Industry
Raising of swine/pigs
Registered Address
2 kennedies road, killylea, armagh, BT60 4NQ
Website
www.jmwfarms.comjmw farms ltd Estimated Valuation
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
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
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


8 Strong

3 Regular

1 Weak

Size
annual sales of £96m, make it larger than the average company (£20.7m)
£96m - Jmw Farms Ltd
£20.7m - Industry AVG

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
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
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
with 141 employees, this is above the industry average (45)
141 - Jmw Farms Ltd
45 - Industry AVG

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
resulting in sales per employee of £681k, this is more efficient (£527.5k)
£681k - Jmw Farms Ltd
£527.5k - Industry AVG

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

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

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

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

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

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 House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 96,019,683 | 70,246,937 | 62,847,146 | 53,593,868 | 43,146,875 | 40,608,139 | 37,431,780 | 29,979,445 | 29,618,599 | 27,357,351 | 23,383,976 | 22,254,857 | 18,801,137 | |
Other Income Or Grants | ||||||||||||||
Cost Of Sales | 74,606,362 | 59,581,935 | 47,412,759 | 38,202,001 | 32,947,602 | 29,105,665 | 29,230,397 | 26,194,745 | 25,694,770 | 22,691,107 | 19,272,999 | 17,366,524 | 14,315,759 | |
Gross Profit | 21,413,321 | 10,665,002 | 15,434,387 | 15,391,867 | 10,199,273 | 11,502,474 | 8,201,383 | 3,784,700 | 3,923,829 | 4,666,244 | 4,110,977 | 4,888,333 | 4,485,378 | |
Admin Expenses | 15,715,395 | 11,768,155 | 9,594,279 | 8,800,697 | 6,386,541 | 5,670,528 | 4,130,890 | 3,099,395 | 2,724,509 | 3,011,931 | 2,483,707 | 3,272,735 | 2,560,370 | |
Operating Profit | 5,697,926 | -1,103,153 | 5,840,108 | 6,591,170 | 3,812,732 | 5,831,946 | 4,070,493 | 685,305 | 1,199,320 | 1,654,313 | 1,627,270 | 1,615,598 | 1,925,008 | |
Interest Payable | 649,762 | 312,173 | 197,900 | 232,209 | 198,973 | 190,738 | 239,412 | 189,492 | 155,774 | 17,940 | 40,313 | 11,956 | ||
Interest Receivable | 26,137 | 3,891 | 6,425 | 8,527 | 10,493 | |||||||||
Pre-Tax Profit | 5,048,164 | -1,415,326 | 5,642,208 | 6,358,961 | 3,613,759 | 5,632,089 | 3,831,081 | 521,950 | 1,047,437 | 1,642,798 | 1,595,484 | 1,614,135 | 1,925,008 | |
Tax | -1,224,160 | 993,014 | -1,347,364 | -319,452 | -109,373 | 919,910 | -708,713 | -129,680 | -77,134 | 84,752 | -83,225 | -82,089 | -545,271 | |
Profit After Tax | 3,824,004 | -422,312 | 4,294,844 | 6,039,509 | 3,504,386 | 6,551,999 | 3,122,368 | 392,270 | 970,303 | 1,727,550 | 1,512,259 | 1,532,046 | 1,379,737 | |
Dividends Paid | 200,000 | |||||||||||||
Retained Profit | 3,824,004 | -422,312 | 4,294,844 | 6,039,509 | 3,504,386 | 6,551,999 | 3,122,368 | 392,270 | 970,303 | 1,727,550 | 1,512,259 | 1,532,046 | 1,179,737 | |
Employee Costs | 5,333,531 | 4,762,401 | 4,165,849 | 3,574,635 | 3,291,759 | 2,853,781 | 2,668,822 | 2,441,962 | 2,217,883 | 1,819,489 | 2,004,063 | 1,734,255 | 1,636,509 | |
Number Of Employees | 141 | 123 | 115 | 102 | 114 | 96 | 102 | 89 | 82 | 66 | 67 | 71 | 63 | |
EBITDA* | 12,651,479 | 5,747,375 | 11,697,904 | 10,928,673 | 7,301,801 | 8,526,679 | 6,009,319 | 1,819,703 | 2,371,098 | 3,682,179 | 2,328,784 | 2,314,539 | 2,563,028 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 60,502,764 | 45,309,234 | 44,367,743 | 35,632,029 | 29,161,292 | 28,312,037 | 24,974,281 | 25,743,796 | 13,101,931 | 13,003,002 | 7,375,321 | 6,891,230 | 4,986,216 | |
Intangible Assets | 6,823,137 | 7,983,706 | 7,612,032 | 6,186,418 | 4,987,175 | 2,898,900 | 450,000 | 600,000 | 900,000 | 1,400,000 | 400,000 | 602,666 | 805,333 | |
Investments & Other | 50,625 | 50,625 | ||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 67,325,901 | 53,292,940 | 51,979,775 | 41,818,447 | 34,148,467 | 31,210,937 | 25,424,281 | 26,343,796 | 14,001,931 | 14,403,002 | 7,775,321 | 7,544,521 | 5,842,174 | |
Stock & work in progress | 16,445,718 | 18,842,316 | 13,062,778 | 12,438,452 | 10,237,699 | 9,806,313 | 6,399,775 | 6,135,777 | 6,039,099 | 5,022,446 | 3,765,224 | 2,562,372 | 2,223,429 | |
Trade Debtors | 2,706,458 | 3,090,275 | 2,698,596 | 2,987,866 | 1,528,334 | 4,768,578 | 3,097,527 | 1,454,100 | 1,009,663 | 1,360,345 | 2,791,995 | 810,444 | 798,784 | |
Group Debtors | 6,979,858 | 3,826,372 | 3,797,684 | 3,232,270 | 5,561,927 | 398,743 | 787,059 | 76 | 476,688 | |||||
Misc Debtors | 891,293 | 1,443,050 | 1,627,214 | 1,468,908 | 1,148,377 | 1,936,623 | 1,808,931 | 228,519 | 258,305 | 472,679 | 311,865 | 428,112 | 292,425 | |
Cash | 6,046,799 | 558,752 | 3,961,759 | 1,323,041 | 682,120 | 209,429 | 333,442 | 202,253 | 266,501 | 536,100 | 416,889 | 130,381 | 108,463 | |
misc current assets | 27,444 | 314,294 | 754,294 | 696,266 | 553,918 | 375,670 | 50,670 | 132,000 | ||||||
total current assets | 33,097,570 | 28,075,059 | 25,902,325 | 22,146,803 | 19,794,559 | 17,673,604 | 12,015,345 | 8,071,319 | 8,492,627 | 7,391,646 | 7,762,661 | 3,931,309 | 3,423,101 | |
total assets | 100,423,471 | 81,367,999 | 77,882,100 | 63,965,250 | 53,943,026 | 48,884,541 | 37,439,626 | 34,415,115 | 22,494,558 | 21,794,648 | 15,537,982 | 11,475,830 | 9,265,275 | |
Bank overdraft | 1,035,648 | 1,201,581 | 821,445 | 557,448 | 2,140,816 | 1,540,759 | 1,154,650 | 1,673,134 | 1,655,212 | 436,023 | 391,349 | 233,071 | 61,844 | |
Bank loan | 613,616 | 352,239 | 51,346 | |||||||||||
Trade Creditors | 5,065,762 | 8,974,576 | 5,097,958 | 4,495,185 | 6,974,596 | 6,459,710 | 3,261,444 | 3,678,683 | 4,069,851 | 3,932,874 | 3,372,760 | 3,112,437 | 1,644,326 | |
Group/Directors Accounts | 274,169 | 16,338 | 373,279 | 312,108 | 582,767 | 898,986 | 581,429 | |||||||
other short term finances | ||||||||||||||
hp & lease commitments | 463,709 | 533,164 | 468,443 | 502,802 | 372,836 | 450,961 | 482,108 | 416,355 | 199,761 | 153,519 | 60,651 | 46,885 | 59,959 | |
other current liabilities | 135,944 | 131,044 | 124,872 | 110,783 | 81,859 | 69,594 | 67,004 | 40,779 | 45,954 | 43,523 | 40,342 | 57,322 | 642,037 | |
total current liabilities | 6,975,232 | 10,840,365 | 6,529,056 | 6,039,497 | 9,882,215 | 9,103,791 | 5,864,192 | 6,390,380 | 5,970,778 | 5,179,555 | 4,217,341 | 3,501,061 | 2,408,166 | |
loans | 11,386,098 | 8,133,386 | 8,004,514 | 5,963,681 | 5,164,938 | 4,820,730 | 4,345,505 | 5,605,591 | 6,948,708 | 8,036,391 | 5,871,028 | 4,173,811 | 4,585,679 | |
hp & lease commitments | 709,281 | 596,455 | 568,616 | 794,136 | 505,147 | 455,073 | 660,459 | 808,848 | 401,876 | 444,294 | 132,070 | 73,765 | 71,150 | |
Accruals and Deferred Income | ||||||||||||||
other liabilities | 4,496 | |||||||||||||
provisions | 16,952,049 | 9,972,705 | 10,807,629 | 6,405,752 | 5,093,221 | 4,711,828 | 4,190,794 | 2,586,333 | 73,623 | 83,225 | ||||
total long term liabilities | 29,051,924 | 18,702,546 | 19,380,759 | 13,163,569 | 10,763,306 | 9,987,631 | 9,196,758 | 9,000,772 | 7,424,207 | 8,480,685 | 6,086,323 | 4,247,576 | 4,656,829 | |
total liabilities | 36,027,156 | 29,542,911 | 25,909,815 | 19,203,066 | 20,645,521 | 19,091,422 | 15,060,950 | 15,391,152 | 13,394,985 | 13,660,240 | 10,303,664 | 7,748,637 | 7,064,995 | |
net assets | 64,396,315 | 51,825,088 | 51,972,285 | 44,762,184 | 33,297,505 | 29,793,119 | 22,378,676 | 19,023,963 | 9,099,573 | 8,134,408 | 5,234,318 | 3,727,193 | 2,200,280 | |
total shareholders funds | 64,396,315 | 51,825,088 | 51,972,285 | 44,762,184 | 33,297,505 | 29,793,119 | 22,378,676 | 19,023,963 | 9,099,573 | 8,134,408 | 5,234,318 | 3,727,193 | 2,200,280 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 5,697,926 | -1,103,153 | 5,840,108 | 6,591,170 | 3,812,732 | 5,831,946 | 4,070,493 | 685,305 | 1,199,320 | 1,654,313 | 1,627,270 | 1,615,598 | 1,925,008 | |
Depreciation | 3,417,582 | 3,135,387 | 2,948,185 | 2,279,091 | 2,061,094 | 1,941,883 | 1,788,826 | 834,398 | 671,778 | 627,866 | 498,848 | 465,578 | 435,353 | |
Amortisation | 3,535,971 | 3,715,141 | 2,909,611 | 2,058,412 | 1,427,975 | 752,850 | 150,000 | 300,000 | 500,000 | 1,400,000 | 202,666 | 233,363 | 202,667 | |
Tax | -1,224,160 | 993,014 | -1,347,364 | -319,452 | -109,373 | 919,910 | -708,713 | -129,680 | -77,134 | 84,752 | -83,225 | -82,089 | -545,271 | |
Stock | -2,396,598 | 5,779,538 | 624,326 | 2,200,753 | 431,386 | 3,406,538 | 263,998 | 96,678 | 1,016,653 | 1,257,222 | 1,202,852 | 338,943 | 2,223,429 | |
Debtors | 2,217,912 | 236,203 | 434,450 | -549,594 | 1,134,694 | 2,197,486 | 3,223,839 | -372,408 | 221,927 | -1,747,448 | 2,341,992 | 147,347 | 1,091,209 | |
Creditors | -3,908,814 | 3,876,618 | 602,773 | -2,479,411 | 514,886 | 3,198,266 | -417,239 | -391,168 | 136,977 | 560,114 | 260,323 | 1,468,111 | 1,644,326 | |
Accruals and Deferred Income | 4,900 | 6,172 | 14,089 | 28,924 | 12,265 | 2,590 | 26,225 | -5,175 | 2,431 | 3,181 | -16,980 | -584,715 | 642,037 | |
Deferred Taxes & Provisions | 6,979,344 | -834,924 | 4,401,877 | 1,312,531 | 381,393 | 521,034 | 1,604,461 | 2,512,710 | 73,623 | -83,225 | 83,225 | |||
Cash flow from operations | 14,681,435 | 3,772,514 | 14,310,503 | 7,820,106 | 6,534,892 | 7,564,455 | 3,026,216 | 4,082,120 | 1,268,415 | 4,737,227 | -972,717 | 2,629,556 | 989,482 | |
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 | -50,625 | 50,625 | ||||||||||||
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 | -613,616 | 261,377 | 300,893 | 51,346 | ||||||||||
Group/Directors Accounts | 274,169 | -16,338 | -356,941 | 61,171 | -270,659 | -316,219 | 317,557 | 581,429 | ||||||
Other Short Term Loans | ||||||||||||||
Long term loans | 3,252,712 | 128,872 | 2,040,833 | 798,743 | 344,208 | 475,225 | -1,260,086 | -1,343,117 | -1,087,683 | 2,165,363 | 1,697,217 | -411,868 | 4,585,679 | |
Hire Purchase and Lease Commitments | 43,371 | 92,560 | -259,879 | 418,955 | -28,051 | -236,533 | -82,636 | 623,566 | 3,824 | 405,092 | 72,071 | -10,459 | 131,109 | |
other long term liabilities | 4,496 | |||||||||||||
share issue | ||||||||||||||
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 | ||
cash flow from financing | 11,672,209 | 168,036 | 4,141,370 | 6,471,830 | -153,475 | 594,179 | -1,032,232 | 9,230,643 | -1,854,496 | 3,992,857 | 2,033,261 | -377,577 | ||
cash and cash equivalents | ||||||||||||||
cash | 5,488,047 | -3,403,007 | 2,638,718 | 640,921 | 472,691 | -124,013 | 131,189 | -64,248 | -269,599 | 119,211 | 286,508 | 21,918 | 108,463 | |
overdraft | -165,933 | 380,136 | 263,997 | -1,583,368 | 600,057 | 386,109 | -518,484 | 17,922 | 1,219,189 | 44,674 | 158,278 | 171,227 | 61,844 | |
change in cash | 5,653,980 | -3,783,143 | 2,374,721 | 2,224,289 | -127,366 | -510,122 | 649,673 | -82,170 | -1,488,788 | 74,537 | 128,230 | -149,309 | 46,619 |
jmw farms ltd Credit Report and Business Information
Jmw Farms Ltd Competitor Analysis

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.
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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Wright | England | 54 years | Jun 2005 | - | Director |
Mr Mark Wright | United Kingdom | 52 years | Jun 2005 | - | Director |
Mr James Wright | 54 years | Jun 2005 | - | Director | |
Mr Andrew Irwin | England | 53 years | Sep 2017 | - | Director |
P&L
September 2023turnover
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 2023net 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
date | description | view/download |
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