apple orchard construction ltd
apple orchard construction ltd Company Information
Company Number
NI606413
Next Accounts
28 days late
Industry
Development of building projects
Shareholders
john farrell
Group Structure
View All
Contact
Registered Address
8 castleblayney road, keady, armagh, BT60 3QP
Website
http://appleorchardgroup.ieapple orchard construction ltd Estimated Valuation
Pomanda estimates the enterprise value of APPLE ORCHARD CONSTRUCTION LTD at £2.8m based on a Turnover of £5m and 0.56x industry multiple (adjusted for size and gross margin).
apple orchard construction ltd Estimated Valuation
Pomanda estimates the enterprise value of APPLE ORCHARD CONSTRUCTION LTD at £2.5m based on an EBITDA of £608.9k and a 4.03x industry multiple (adjusted for size and gross margin).
apple orchard construction ltd Estimated Valuation
Pomanda estimates the enterprise value of APPLE ORCHARD CONSTRUCTION LTD at £2.9m based on Net Assets of £2.1m and 1.38x industry multiple (adjusted for liquidity).
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Apple Orchard Construction Ltd Overview
Apple Orchard Construction Ltd is a live company located in armagh, BT60 3QP with a Companies House number of NI606413. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2011, it's largest shareholder is john farrell with a 100% stake. Apple Orchard Construction Ltd is a established, small sized company, Pomanda has estimated its turnover at £5m with declining growth in recent years.
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Apple Orchard Construction Ltd Health Check
Pomanda's financial health check has awarded Apple Orchard Construction Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £5m, make it larger than the average company (£2.2m)
- Apple Orchard Construction Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (2.3%)
- Apple Orchard Construction Ltd
2.3% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Apple Orchard Construction Ltd
25.9% - Industry AVG
Profitability
an operating margin of 4.7% make it less profitable than the average company (8.4%)
- Apple Orchard Construction Ltd
8.4% - Industry AVG
Employees
with 14 employees, this is above the industry average (6)
14 - Apple Orchard Construction Ltd
6 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Apple Orchard Construction Ltd
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £355.8k, this is more efficient (£271.4k)
- Apple Orchard Construction Ltd
£271.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Apple Orchard Construction Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (30 days)
- Apple Orchard Construction Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 146 days, this is in line with average (181 days)
- Apple Orchard Construction Ltd
181 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Apple Orchard Construction Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.5%, this is a lower level of debt than the average (73.8%)
56.5% - Apple Orchard Construction Ltd
73.8% - Industry AVG
APPLE ORCHARD CONSTRUCTION LTD financials
Apple Orchard Construction Ltd's latest turnover from March 2023 is estimated at £5 million and the company has net assets of £2.1 million. According to their latest financial statements, Apple Orchard Construction Ltd has 14 employees and maintains cash reserves of £38.2 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | 1,139,121 | 1,572,325 | 1,238,217 | |||||||||
| Admin Expenses | 769,820 | 1,022,354 | 690,624 | |||||||||
| Operating Profit | 369,301 | 549,971 | 547,593 | |||||||||
| Interest Payable | 24,440 | 18,710 | 11,374 | |||||||||
| Interest Receivable | 0 | 0 | 1 | |||||||||
| Pre-Tax Profit | 344,861 | 531,261 | 536,220 | |||||||||
| Tax | -41,164 | -23,447 | -41,883 | |||||||||
| Profit After Tax | 303,697 | 507,814 | 494,337 | |||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||
| Retained Profit | 303,697 | 507,814 | 494,337 | |||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 14 | 14 | 15 | 15 | ||||||||
| EBITDA* | 573,553 | 770,235 | 667,005 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,631,195 | 1,474,964 | 1,433,569 | 1,482,462 | 1,071,968 | 664,767 | 428,336 | 390,569 | 413,518 | 114,594 | 102,360 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 17,970 | 15,970 | 8,270 | 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 |
| Total Fixed Assets | 1,649,165 | 1,490,934 | 1,441,839 | 1,482,462 | 1,071,968 | 664,767 | 428,336 | 390,569 | 413,518 | 114,594 | 102,360 | 0 |
| Stock & work in progress | 1,482,906 | 934,714 | 1,376,204 | 251,383 | 410,748 | 0 | 0 | 0 | 132,322 | 16,667 | 42,280 | 0 |
| Trade Debtors | 0 | 230,746 | 685,784 | 1,234,168 | 487,993 | 727,368 | 505,354 | 368,299 | 262,859 | 373,925 | 84,430 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,655,607 | 1,505,040 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 38,164 | 14,064 | 3,734 | 10,044 | 0 | 0 | 0 | 0 | 6,481 | 23,603 | 1,266 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,176,677 | 2,684,564 | 2,065,722 | 1,495,595 | 898,741 | 727,368 | 505,354 | 368,299 | 401,662 | 414,195 | 127,976 | 0 |
| total assets | 4,825,842 | 4,175,498 | 3,507,561 | 2,978,057 | 1,970,709 | 1,392,135 | 933,690 | 758,868 | 815,180 | 528,789 | 230,336 | 0 |
| Bank overdraft | 40,636 | 46,273 | 0 | 0 | 23,257 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 777,987 | 497,408 | 862,705 | 564,042 | 174,013 | 393,673 | 487,473 | 379,509 | 512,115 | 387,584 | 204,396 | 0 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 881,022 | 913,548 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,699,645 | 1,457,229 | 862,705 | 564,042 | 197,270 | 393,673 | 487,473 | 379,509 | 512,115 | 387,584 | 204,396 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 1,500 | 11,000 | 5,000 | 0 | 0 | 0 | 0 |
| other liabilities | 1,024,549 | 801,674 | 616,516 | 689,372 | 556,610 | 274,470 | 39,006 | 80,117 | 83,367 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,024,549 | 801,674 | 616,516 | 689,372 | 556,610 | 275,970 | 50,006 | 85,117 | 83,367 | 0 | 0 | 0 |
| total liabilities | 2,724,194 | 2,258,903 | 1,479,221 | 1,253,414 | 753,880 | 669,643 | 537,479 | 464,626 | 595,482 | 387,584 | 204,396 | 0 |
| net assets | 2,101,648 | 1,916,595 | 2,028,340 | 1,724,643 | 1,216,829 | 722,492 | 396,211 | 294,242 | 219,698 | 141,205 | 25,940 | 0 |
| total shareholders funds | 2,101,648 | 1,916,595 | 2,028,340 | 1,724,643 | 1,216,829 | 722,492 | 396,211 | 294,242 | 219,698 | 141,205 | 25,940 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 369,301 | 549,971 | 547,593 | |||||||||
| Depreciation | 377,120 | 238,311 | 204,252 | 220,264 | 119,412 | 52,255 | 5,649 | 5,090 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | -41,164 | -23,447 | -41,883 | |||||||||
| Stock | 548,192 | -441,490 | 1,124,821 | -159,365 | 410,748 | 0 | 0 | -132,322 | 115,655 | -25,613 | 42,280 | 0 |
| Debtors | -80,179 | 1,050,002 | -548,384 | 746,175 | -239,375 | 222,014 | 137,055 | 105,440 | -111,066 | 289,495 | 84,430 | 0 |
| Creditors | 280,579 | -365,297 | 298,663 | 390,029 | -219,660 | -93,800 | 107,964 | -132,606 | 124,531 | 183,188 | 204,396 | 0 |
| Accruals and Deferred Income | -32,526 | 913,548 | 0 | 0 | -1,500 | -9,500 | 6,000 | 5,000 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 254,615 | 550,007 | 232,589 | |||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 2,000 | 7,700 | 8,270 | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 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 |
| other long term liabilities | 222,875 | 185,158 | -72,856 | 132,762 | 282,140 | 235,464 | -41,111 | -3,250 | 83,367 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -24,440 | -18,710 | -11,373 | |||||||||
| cash flow from financing | -97,296 | 114,052 | 270,767 | |||||||||
| cash and cash equivalents | ||||||||||||
| cash | 24,100 | 10,330 | -6,310 | 10,044 | 0 | 0 | 0 | -6,481 | -17,122 | 22,337 | 1,266 | 0 |
| overdraft | -5,637 | 46,273 | 0 | -23,257 | 23,257 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 29,737 | -35,943 | -6,310 | 33,301 | -23,257 | 0 | 0 | -6,481 | -17,122 | 22,337 | 1,266 | 0 |
apple orchard construction ltd Credit Report and Business Information
Apple Orchard Construction Ltd Competitor Analysis
Perform a competitor analysis for apple orchard construction ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT60 area or any other competitors across 12 key performance metrics.
apple orchard construction ltd Ownership
APPLE ORCHARD CONSTRUCTION LTD group structure
Apple Orchard Construction Ltd has no subsidiary companies.
Ultimate parent company
APPLE ORCHARD CONSTRUCTION LTD
NI606413
apple orchard construction ltd directors
Apple Orchard Construction Ltd currently has 2 directors. The longest serving directors include Mr John Farrell (Oct 2015) and Mr Sean Mooney (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Farrell | Northern Ireland | 48 years | Oct 2015 | - | Director |
| Mr Sean Mooney | Northern Ireland | 38 years | Mar 2022 | - | Director |
P&L
March 2023turnover
5m
+52%
operating profit
231.8k
0%
gross margin
25.9%
+5.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.1m
+0.1%
total assets
4.8m
+0.16%
cash
38.2k
+1.71%
net assets
Total assets minus all liabilities
apple orchard construction ltd company details
company number
NI606413
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
BUSINESS ACCOUNT SERVICES
auditor
-
address
8 castleblayney road, keady, armagh, BT60 3QP
Bank
-
Legal Advisor
-
apple orchard construction 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 apple orchard construction ltd.
apple orchard construction ltd Capital Raised & Share Issues BETA
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apple orchard construction ltd Companies House Filings - See Documents
| date | description | view/download |
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