cp animal feeds limited
cp animal feeds limited Company Information
Company Number
NI618810
Next Accounts
Jul 2025
Directors
Shareholders
colin walter purdy
grace campbell purdy
Group Structure
View All
Industry
Manufacture of prepared feeds for farm animals
Registered Address
122 marlacoo road, portadown, craigavon, county armagh, BT62 3BT
Website
www.backhurst.comcp animal feeds limited Estimated Valuation
Pomanda estimates the enterprise value of CP ANIMAL FEEDS LIMITED at £68.9m based on a Turnover of £60.3m and 1.14x industry multiple (adjusted for size and gross margin).
cp animal feeds limited Estimated Valuation
Pomanda estimates the enterprise value of CP ANIMAL FEEDS LIMITED at £27.7m based on an EBITDA of £3.7m and a 7.57x industry multiple (adjusted for size and gross margin).
cp animal feeds limited Estimated Valuation
Pomanda estimates the enterprise value of CP ANIMAL FEEDS LIMITED at £22.6m based on Net Assets of £14.3m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cp Animal Feeds Limited Overview
Cp Animal Feeds Limited is a live company located in craigavon, BT62 3BT with a Companies House number of NI618810. It operates in the manufacture of prepared feeds for farm animals sector, SIC Code 10910. Founded in June 2013, it's largest shareholder is colin walter purdy with a 50% stake. Cp Animal Feeds Limited is a established, large sized company, Pomanda has estimated its turnover at £60.3m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cp Animal Feeds Limited Health Check
Pomanda's financial health check has awarded Cp Animal Feeds Limited 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 £60.3m, make it larger than the average company (£46m)
£60.3m - Cp Animal Feeds Limited
£46m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (14.6%)
28% - Cp Animal Feeds Limited
14.6% - Industry AVG
Production
with a gross margin of 12.7%, this company has a comparable cost of product (12.2%)
12.7% - Cp Animal Feeds Limited
12.2% - Industry AVG
Profitability
an operating margin of 4.6% make it more profitable than the average company (2.9%)
4.6% - Cp Animal Feeds Limited
2.9% - Industry AVG
Employees
with 50 employees, this is similar to the industry average (56)
50 - Cp Animal Feeds Limited
56 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£45.1k)
£40.5k - Cp Animal Feeds Limited
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£779.5k)
£1.2m - Cp Animal Feeds Limited
£779.5k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (41 days)
58 days - Cp Animal Feeds Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (26 days)
18 days - Cp Animal Feeds Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (24 days)
10 days - Cp Animal Feeds Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (9 weeks)
54 weeks - Cp Animal Feeds Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.2%, this is a lower level of debt than the average (55.1%)
35.2% - Cp Animal Feeds Limited
55.1% - Industry AVG
CP ANIMAL FEEDS LIMITED financials
Cp Animal Feeds Limited's latest turnover from October 2023 is £60.3 million and the company has net assets of £14.3 million. According to their latest financial statements, Cp Animal Feeds Limited has 50 employees and maintains cash reserves of £7.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 60,319,368 | 49,246,892 | 35,755,982 | 28,795,632 | 27,833,563 | 24,868,876 | 19,368,003 | 14,921,791 | 15,415,002 | 16,728,491 | |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 52,677,436 | 40,106,785 | 29,403,617 | 24,231,873 | 22,922,203 | 20,455,934 | 15,773,302 | 12,186,794 | 12,902,601 | 14,132,210 | |
| Gross Profit | 7,641,932 | 9,140,107 | 6,352,365 | 4,563,759 | 4,911,360 | 4,412,942 | 3,594,701 | 2,734,997 | 2,512,401 | 2,596,281 | |
| Admin Expenses | 4,897,801 | 4,545,301 | 4,451,362 | 3,340,683 | 3,327,262 | 2,891,559 | 2,284,948 | 1,482,320 | 1,785,296 | 1,503,286 | |
| Operating Profit | 2,744,131 | 4,594,806 | 1,901,003 | 1,223,076 | 1,584,098 | 1,521,383 | 1,309,753 | 1,252,677 | 727,105 | 1,092,995 | |
| Interest Payable | 179,112 | 74,058 | 62,639 | 63,092 | 40,060 | 36,658 | 31,746 | 28,154 | 52,655 | 84,794 | |
| Interest Receivable | 117,659 | 6,453 | 981 | 2,122 | 1,693 | 156 | 208 | 166 | 197 | 334 | |
| Pre-Tax Profit | 2,682,678 | 4,527,201 | 1,839,345 | 1,162,106 | 1,545,731 | 1,484,881 | 1,278,215 | 1,224,689 | 674,647 | 1,008,534 | 1,210,000 |
| Tax | -701,719 | -790,498 | -273,330 | -137,094 | -294,642 | -169,913 | -283,047 | -187,879 | -185,137 | -248,549 | |
| Profit After Tax | 1,980,959 | 3,736,703 | 1,566,015 | 1,025,012 | 1,251,089 | 1,314,968 | 995,168 | 1,036,810 | 489,510 | 759,985 | 1,210,000 |
| Dividends Paid | 125,000 | 115,000 | 110,000 | 50,000 | 30,000 | 30,000 | 30,000 | 10,000 | |||
| Retained Profit | 1,855,959 | 3,621,703 | 1,456,015 | 975,012 | 1,221,089 | 1,284,968 | 965,168 | 1,026,810 | 489,510 | 759,985 | 1,210,000 |
| Employee Costs | 2,024,961 | 1,870,537 | 1,530,333 | 1,425,108 | 1,332,973 | 1,182,380 | 882,554 | 722,869 | 659,984 | 575,727 | |
| Number Of Employees | 50 | 45 | 41 | 39 | 36 | 37 | 30 | 26 | 25 | 20 | |
| EBITDA* | 3,659,214 | 5,500,032 | 2,744,196 | 1,971,084 | 2,283,546 | 1,958,403 | 1,824,418 | 1,368,429 | 842,593 | 1,229,414 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,377,959 | 3,052,304 | 3,338,698 | 3,792,090 | 3,276,282 | 2,547,864 | 1,684,280 | 912,186 | 897,318 | 990,065 | |
| Intangible Assets | |||||||||||
| Investments & Other | 1,492,113 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 2,377,959 | 3,052,304 | 3,338,698 | 3,792,090 | 3,276,282 | 2,547,864 | 1,684,280 | 912,186 | 897,318 | 990,065 | 1,492,113 |
| Stock & work in progress | 1,566,998 | 1,541,157 | 1,574,981 | 769,808 | 538,259 | 804,812 | 353,556 | 339,066 | 363,322 | 353,310 | |
| Trade Debtors | 9,715,179 | 7,902,767 | 5,561,341 | 4,972,811 | 4,318,318 | 3,602,334 | 3,151,811 | 2,420,203 | 2,214,441 | 2,438,275 | |
| Group Debtors | 87,887 | ||||||||||
| Misc Debtors | 1,168,651 | 805,225 | 746,510 | 430,946 | 417,871 | 810,751 | 378,267 | 783,989 | 204,876 | 423,461 | |
| Cash | 7,270,133 | 5,451,152 | 2,843,630 | 2,358,222 | 2,256,285 | 1,381,254 | 2,097,905 | 1,028,742 | 645,117 | 393,778 | 100 |
| misc current assets | |||||||||||
| total current assets | 19,720,961 | 15,700,301 | 10,726,462 | 8,531,787 | 7,530,733 | 6,599,151 | 5,981,539 | 4,572,000 | 3,427,756 | 3,608,824 | 87,987 |
| total assets | 22,098,920 | 18,752,605 | 14,065,160 | 12,323,877 | 10,807,015 | 9,147,015 | 7,665,819 | 5,484,186 | 4,325,074 | 4,598,889 | 1,580,100 |
| Bank overdraft | 3,200,604 | 1,692,615 | 948,275 | 761,026 | 797,456 | 435,684 | 698,719 | 673 | 6,503 | 52,103 | |
| Bank loan | 24,891 | 165,891 | 165,500 | 174,118 | 199,626 | ||||||
| Trade Creditors | 2,739,935 | 2,419,029 | 2,336,391 | 2,414,512 | 2,618,674 | 2,285,887 | 1,813,119 | 1,454,044 | 1,025,762 | 1,460,652 | |
| Group/Directors Accounts | 27,363 | 45,638 | 29,797 | 45,000 | 45,000 | ||||||
| other short term finances | |||||||||||
| hp & lease commitments | 72,935 | 64,797 | 99,401 | 122,261 | 134,777 | 124,807 | 104,897 | 31,082 | 41,518 | 14,379 | |
| other current liabilities | 878,944 | 1,001,119 | 494,828 | 203,627 | 421,256 | 654,073 | 563,195 | 468,657 | 488,530 | 375,205 | |
| total current liabilities | 6,919,781 | 5,223,198 | 3,908,692 | 3,501,426 | 3,972,163 | 3,525,342 | 3,345,821 | 2,119,956 | 1,736,431 | 2,146,965 | 45,000 |
| loans | 490,765 | 669,345 | 847,925 | 1,026,505 | 98,423 | 122,923 | 288,814 | 461,330 | 626,804 | 55,000 | |
| hp & lease commitments | 38,895 | 51,614 | 91,776 | 34,606 | 120,572 | 122,209 | 173,832 | 21,312 | 54,902 | 10,539 | |
| Accruals and Deferred Income | |||||||||||
| other liabilities | 270,000 | 270,000 | |||||||||
| provisions | 321,421 | 336,349 | 366,371 | 366,959 | 294,911 | 202,761 | 109,929 | 105,958 | 151,075 | 112,757 | |
| total long term liabilities | 851,081 | 1,057,308 | 1,306,072 | 1,428,070 | 415,483 | 423,393 | 406,684 | 416,084 | 667,307 | 1,020,100 | 325,000 |
| total liabilities | 7,770,862 | 6,280,506 | 5,214,764 | 4,929,496 | 4,387,646 | 3,948,735 | 3,752,505 | 2,536,040 | 2,403,738 | 3,167,065 | 370,000 |
| net assets | 14,328,058 | 12,472,099 | 8,850,396 | 7,394,381 | 6,419,369 | 5,198,280 | 3,913,314 | 2,948,146 | 1,921,336 | 1,431,824 | 1,210,100 |
| total shareholders funds | 14,328,058 | 12,472,099 | 8,850,396 | 7,394,381 | 6,419,369 | 5,198,280 | 3,913,314 | 2,948,146 | 1,921,336 | 1,431,824 | 1,210,100 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 2,744,131 | 4,594,806 | 1,901,003 | 1,223,076 | 1,584,098 | 1,521,383 | 1,309,753 | 1,252,677 | 727,105 | 1,092,995 | |
| Depreciation | 915,083 | 905,226 | 843,193 | 748,008 | 699,448 | 437,020 | 514,665 | 115,752 | 115,488 | 136,419 | |
| Amortisation | |||||||||||
| Tax | -701,719 | -790,498 | -273,330 | -137,094 | -294,642 | -169,913 | -283,047 | -187,879 | -185,137 | -248,549 | |
| Stock | 25,841 | -33,824 | 805,173 | 231,549 | -266,553 | 451,256 | 14,490 | -24,256 | 10,012 | 353,310 | |
| Debtors | 2,175,838 | 2,400,141 | 904,094 | 667,568 | 323,104 | 883,007 | 325,886 | 784,875 | -442,419 | 2,773,849 | 87,887 |
| Creditors | 320,906 | 82,638 | -78,121 | -204,162 | 332,787 | 472,768 | 359,075 | 428,282 | -434,890 | 1,460,652 | |
| Accruals and Deferred Income | -122,175 | 506,291 | 291,201 | -217,629 | -232,817 | 90,878 | 94,538 | -19,873 | 113,325 | 375,205 | |
| Deferred Taxes & Provisions | -14,928 | -30,022 | -588 | 72,048 | 92,150 | 92,832 | 3,971 | -45,117 | 38,318 | 112,757 | |
| Cash flow from operations | 939,619 | 2,902,124 | 974,091 | 585,130 | 2,124,473 | 1,110,705 | 1,658,579 | 783,223 | 806,616 | -197,680 | -87,887 |
| Investing Activities | |||||||||||
| capital expenditure | -1,298,797 | -1,296,569 | -130,620 | -120,059 | -353,858 | -1,492,113 | |||||
| Change in Investments | -1,492,113 | 1,492,113 | |||||||||
| cash flow from investments | -1,298,797 | -1,296,569 | -130,620 | -120,059 | 1,138,255 | -2,984,226 | |||||
| Financing Activities | |||||||||||
| Bank loans | -24,891 | -141,000 | 391 | -8,618 | -25,508 | 199,626 | |||||
| Group/Directors Accounts | -18,275 | 15,841 | 29,797 | -45,000 | 45,000 | ||||||
| Other Short Term Loans | |||||||||||
| Long term loans | -178,580 | -178,580 | -178,580 | 1,026,505 | -98,423 | -24,500 | -165,891 | -172,516 | -165,474 | 571,804 | 55,000 |
| Hire Purchase and Lease Commitments | -4,581 | -74,766 | 34,310 | -98,482 | 8,333 | -31,713 | 226,335 | -44,026 | 71,502 | 24,918 | |
| other long term liabilities | -270,000 | 270,000 | |||||||||
| share issue | |||||||||||
| interest | -61,453 | -67,605 | -61,658 | -60,970 | -38,367 | -36,502 | -31,538 | -27,988 | -52,458 | -84,460 | |
| cash flow from financing | -262,889 | -305,110 | -176,131 | 867,053 | -153,348 | -233,717 | 29,297 | -253,148 | -486,936 | 173,627 | 370,100 |
| cash and cash equivalents | |||||||||||
| cash | 1,818,981 | 2,607,522 | 485,408 | 101,937 | 875,031 | -716,651 | 1,069,163 | 383,625 | 251,339 | 393,678 | 100 |
| overdraft | 1,507,989 | 744,340 | 187,249 | -36,430 | 361,772 | -263,035 | 698,046 | -5,830 | -45,600 | 52,103 | |
| change in cash | 310,992 | 1,863,182 | 298,159 | 138,367 | 513,259 | -453,616 | 371,117 | 389,455 | 296,939 | 341,575 | 100 |
cp animal feeds limited Credit Report and Business Information
Cp Animal Feeds Limited Competitor Analysis
Perform a competitor analysis for cp animal feeds limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in BT62 area or any other competitors across 12 key performance metrics.
cp animal feeds limited Ownership
CP ANIMAL FEEDS LIMITED group structure
Cp Animal Feeds Limited has 1 subsidiary company.
Ultimate parent company
CP ANIMAL FEEDS LIMITED
NI618810
1 subsidiary
cp animal feeds limited directors
Cp Animal Feeds Limited currently has 1 director, Mr Colin Purdy serving since Jun 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Purdy | Northern Ireland | 53 years | Jun 2013 | - | Director |
P&L
October 2023turnover
60.3m
+22%
operating profit
2.7m
-40%
gross margin
12.7%
-31.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
14.3m
+0.15%
total assets
22.1m
+0.18%
cash
7.3m
+0.33%
net assets
Total assets minus all liabilities
cp animal feeds limited company details
company number
NI618810
Type
Private limited with Share Capital
industry
10910 - Manufacture of prepared feeds for farm animals
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
MCALEER JACKSON LTD
address
122 marlacoo road, portadown, craigavon, county armagh, BT62 3BT
Bank
ULSTER BANK LTD
Legal Advisor
WORTHINGTONS
cp animal feeds 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 cp animal feeds limited.
cp animal feeds limited 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.
Click to start generating capital raising & share issue transactions for CP ANIMAL FEEDS LIMITED. This can take several minutes, an email will notify you when this has completed.
cp animal feeds limited Companies House Filings - See Documents
| date | description | view/download |
|---|
