lakeview farm meats limited Company Information
Company Number
NI601897
Website
www.lakeviewfarmmeats.comRegistered Address
68 largy road, crumlin, antrim, BT29 4RS
Industry
Support activities for animal production (other than farm animal boarding and care) n.e.c.
Telephone
02894454532
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
conor mcalister 50%
john mcalister 50%
lakeview farm meats limited Estimated Valuation
The estimated valuation range for lakeview farm meats limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £675k to £1.3m
lakeview farm meats limited Estimated Valuation
The estimated valuation range for lakeview farm meats limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £675k to £1.3m
lakeview farm meats limited Estimated Valuation
The estimated valuation range for lakeview farm meats limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £675k to £1.3m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Lakeview Farm Meats Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Lakeview Farm Meats Limited Overview
Lakeview Farm Meats Limited is a live company located in antrim, BT29 4RS with a Companies House number of NI601897. It operates in the support activities for animal production (other than farm animal boarding and care) n.e.c. sector, SIC Code 01629. Founded in January 2010, it's largest shareholder is conor mcalister with a 50% stake. Lakeview Farm Meats Limited is a established, small sized company, Pomanda has estimated its turnover at £4m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Lakeview Farm Meats Limited Health Check
Pomanda's financial health check has awarded Lakeview Farm Meats Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £4m, make it larger than the average company (£745.2k)
- Lakeview Farm Meats Limited
£745.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.2%)
- Lakeview Farm Meats Limited
6.2% - Industry AVG
Production
with a gross margin of 28.2%, this company has a comparable cost of product (28.2%)
- Lakeview Farm Meats Limited
28.2% - Industry AVG
Profitability
an operating margin of 10.7% make it more profitable than the average company (6.7%)
- Lakeview Farm Meats Limited
6.7% - Industry AVG
Employees
with 25 employees, this is above the industry average (9)
25 - Lakeview Farm Meats Limited
9 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Lakeview Farm Meats Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £161.2k, this is more efficient (£105.9k)
- Lakeview Farm Meats Limited
£105.9k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (46 days)
- Lakeview Farm Meats Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (25 days)
- Lakeview Farm Meats Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is less than average (32 days)
- Lakeview Farm Meats Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is less cash available to meet short term requirements (46 weeks)
29 weeks - Lakeview Farm Meats Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.5%, this is a higher level of debt than the average (20.3%)
33.5% - Lakeview Farm Meats Limited
20.3% - Industry AVG
lakeview farm meats limited Credit Report and Business Information
Lakeview Farm Meats Limited Competitor Analysis
Perform a competitor analysis for lakeview farm meats limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lakeview farm meats limited Ownership
LAKEVIEW FARM MEATS LIMITED group structure
Lakeview Farm Meats Limited has no subsidiary companies.
Ultimate parent company
LAKEVIEW FARM MEATS LIMITED
NI601897
lakeview farm meats limited directors
Lakeview Farm Meats Limited currently has 2 directors. The longest serving directors include Mr Conor McAlister (Jan 2010) and Mr John McAlister (Jan 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Conor McAlister | Northern Ireland | 43 years | Jan 2010 | - | Director |
Mr John McAlister | Northern Ireland | 72 years | Jan 2010 | - | Director |
LAKEVIEW FARM MEATS LIMITED financials
Lakeview Farm Meats Limited's latest turnover from March 2023 is estimated at £4 million and the company has net assets of £1.3 million. According to their latest financial statements, Lakeview Farm Meats Limited has 25 employees and maintains cash reserves of £249.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 25 | 23 | 25 | 25 | 25 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 317,583 | 128,263 | 39,037 | 52,922 | 90,283 | 155,200 | 229,153 | 305,543 | 387,165 | 434,338 | 477,781 | 530,587 | 310,273 |
Intangible Assets | 57,999 | 57,999 | 57,999 | 57,999 | 57,999 | 57,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 104,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 479,582 | 186,262 | 97,036 | 110,921 | 148,282 | 213,199 | 229,153 | 305,543 | 387,165 | 434,338 | 477,781 | 530,587 | 310,273 |
Stock & work in progress | 133,089 | 93,670 | 84,366 | 10,000 | 52,592 | 51,372 | 76,272 | 99,932 | 35,704 | 64,973 | 60,735 | 6,164 | 0 |
Trade Debtors | 1,003,586 | 989,949 | 742,454 | 711,514 | 488,074 | 539,653 | 339,325 | 272,848 | 245,606 | 172,339 | 190,888 | 75,457 | 52,885 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 16,666 | 28,217 | 17,563 | 5,672 | 15,386 | 10,376 | 8,466 | 6,905 | 0 | 0 | 0 | 0 | 0 |
Cash | 249,622 | 319,282 | 116,767 | 173,070 | 147,968 | 3,878 | 160,835 | 6,449 | 52,710 | 82,592 | 30,374 | 43,886 | 244,562 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,402,963 | 1,431,118 | 961,150 | 900,256 | 704,020 | 605,279 | 584,898 | 386,134 | 334,020 | 319,904 | 281,997 | 125,507 | 297,447 |
total assets | 1,882,545 | 1,617,380 | 1,058,186 | 1,011,177 | 852,302 | 818,478 | 814,051 | 691,677 | 721,185 | 754,242 | 759,778 | 656,094 | 607,720 |
Bank overdraft | 6 | 0 | 293 | 272 | 400 | 19,862 | 698 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 89,299 | 51,846 | 21,262 | 25,704 | 23,171 | 20,233 | 13,876 | 10,891 | 731,756 | 751,098 | 799,971 | 745,333 | 3,786 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 344,074 | 534,667 | 465,104 | 579,328 | 510,594 | 505,356 | 695,161 | 673,681 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 433,379 | 586,513 | 486,659 | 605,304 | 534,165 | 545,451 | 709,735 | 684,572 | 731,756 | 751,098 | 799,971 | 745,333 | 3,786 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 31,867 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 621,547 |
provisions | 166,238 | 139,383 | 105,127 | 112,444 | 91,405 | 56,051 | 12,517 | 5,906 | 20,486 | 4,583 | 0 | 0 | 0 |
total long term liabilities | 198,105 | 139,383 | 105,127 | 112,444 | 91,405 | 56,051 | 12,517 | 5,906 | 20,486 | 4,583 | 0 | 0 | 621,547 |
total liabilities | 631,484 | 725,896 | 591,786 | 717,748 | 625,570 | 601,502 | 722,252 | 690,478 | 752,242 | 755,681 | 799,971 | 745,333 | 625,333 |
net assets | 1,251,061 | 891,484 | 466,400 | 293,429 | 226,732 | 216,976 | 91,799 | 1,199 | -31,057 | -1,439 | -40,193 | -89,239 | -17,613 |
total shareholders funds | 1,251,061 | 891,484 | 466,400 | 293,429 | 226,732 | 216,976 | 91,799 | 1,199 | -31,057 | -1,439 | -40,193 | -89,239 | -17,613 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 29,983 | 20,672 | 26,957 | 39,275 | 93,669 | 91,516 | 88,204 | 89,517 | 90,768 | 83,849 | 140,475 | 72,534 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||
Stock | 39,419 | 9,304 | 74,366 | -42,592 | 1,220 | -24,900 | -23,660 | 64,228 | -29,269 | 4,238 | 54,571 | 6,164 | 0 |
Debtors | 106,086 | 258,149 | 42,831 | 213,726 | -46,569 | 202,238 | 68,038 | 34,147 | 73,267 | -18,549 | 115,431 | 22,572 | 52,885 |
Creditors | 37,453 | 30,584 | -4,442 | 2,533 | 2,938 | 6,357 | 2,985 | -720,865 | -19,342 | -48,873 | 54,638 | 741,547 | 3,786 |
Accruals and Deferred Income | -190,593 | 69,563 | -114,224 | 68,734 | 5,238 | -189,805 | 21,480 | 673,681 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 26,855 | 34,256 | -7,317 | 21,039 | 35,354 | 43,534 | 6,611 | -14,580 | 15,903 | 4,583 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 31,867 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -621,547 | 621,547 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | -69,660 | 202,515 | -56,303 | 25,102 | 144,090 | -156,957 | 154,386 | -46,261 | -29,882 | 52,218 | -13,512 | -200,676 | 244,562 |
overdraft | 6 | -293 | 21 | -128 | -19,462 | 19,164 | 698 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -69,666 | 202,808 | -56,324 | 25,230 | 163,552 | -176,121 | 153,688 | -46,261 | -29,882 | 52,218 | -13,512 | -200,676 | 244,562 |
P&L
March 2023turnover
4m
-3%
operating profit
431.8k
0%
gross margin
28.3%
-5.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.3m
+0.4%
total assets
1.9m
+0.16%
cash
249.6k
-0.22%
net assets
Total assets minus all liabilities
lakeview farm meats limited company details
company number
NI601897
Type
Private limited with Share Capital
industry
01629 - Support activities for animal production (other than farm animal boarding and care) n.e.c.
incorporation date
January 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
68 largy road, crumlin, antrim, BT29 4RS
last accounts submitted
March 2023
lakeview farm meats 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 lakeview farm meats limited.
lakeview farm meats limited Companies House Filings - See Documents
date | description | view/download |
---|