mcneice fruit farm limited
mcneice fruit farm limited Company Information
Company Number
NI646013
Website
-Registered Address
7 ardress west road, armagh, county armagh, BT61 8LH
Industry
Growing of other perennial crops
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Fearghal McNeice7 Years
Shareholders
fearghal mcneice 100%
mcneice fruit farm limited Estimated Valuation
Pomanda estimates the enterprise value of MCNEICE FRUIT FARM LIMITED at £74 based on a Turnover of £332 and 0.23x industry multiple (adjusted for size and gross margin).
mcneice fruit farm limited Estimated Valuation
Pomanda estimates the enterprise value of MCNEICE FRUIT FARM LIMITED at £0 based on an EBITDA of £0 and a 2.1x industry multiple (adjusted for size and gross margin).
mcneice fruit farm limited Estimated Valuation
Pomanda estimates the enterprise value of MCNEICE FRUIT FARM LIMITED at £7 based on Net Assets of £5 and 1.53x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mcneice Fruit Farm Limited Overview
Mcneice Fruit Farm Limited is a live company located in county armagh, BT61 8LH with a Companies House number of NI646013. It operates in the growing of other perennial crops sector, SIC Code 01290. Founded in May 2017, it's largest shareholder is fearghal mcneice with a 100% stake. Mcneice Fruit Farm Limited is a young, micro sized company, Pomanda has estimated its turnover at £332.3 with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mcneice Fruit Farm Limited Health Check
Pomanda's financial health check has awarded Mcneice Fruit Farm Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £332.3, make it smaller than the average company (£7.1m)
- Mcneice Fruit Farm Limited
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -81%, show it is growing at a slower rate (6.6%)
- Mcneice Fruit Farm Limited
6.6% - Industry AVG
Production
with a gross margin of 13.9%, this company has a higher cost of product (35.1%)
- Mcneice Fruit Farm Limited
35.1% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Mcneice Fruit Farm Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (102)
- Mcneice Fruit Farm Limited
102 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- Mcneice Fruit Farm Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £332.3, this is less efficient (£147.9k)
- Mcneice Fruit Farm Limited
£147.9k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (30 days)
- Mcneice Fruit Farm Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 121 days, this is slower than average (41 days)
- Mcneice Fruit Farm Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mcneice Fruit Farm Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mcneice Fruit Farm Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95%, this is a higher level of debt than the average (46.7%)
95% - Mcneice Fruit Farm Limited
46.7% - Industry AVG
MCNEICE FRUIT FARM LIMITED financials
Mcneice Fruit Farm Limited's latest turnover from May 2023 is estimated at £332 and the company has net assets of £5. According to their latest financial statements, we estimate that Mcneice Fruit Farm Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| 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 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 5,000 | 0 |
| Trade Debtors | 100 | 100 | 21,888 | 21,888 | 0 | 10,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 17,240 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 100 | 100 | 21,888 | 21,888 | 22,240 | 10,000 |
| total assets | 100 | 100 | 21,888 | 21,888 | 22,240 | 10,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 95 | 95 | 7,193 | 7,193 | 0 | 3,471 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 7,545 | 0 |
| total current liabilities | 95 | 95 | 7,193 | 7,193 | 7,545 | 3,471 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 95 | 95 | 7,193 | 7,193 | 7,545 | 3,471 |
| net assets | 5 | 5 | 14,695 | 14,695 | 14,695 | 6,529 |
| total shareholders funds | 5 | 5 | 14,695 | 14,695 | 14,695 | 6,529 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | -5,000 | 5,000 | 0 |
| Debtors | 0 | -21,788 | 0 | 21,888 | -10,000 | 10,000 |
| Creditors | 0 | -7,098 | 0 | 7,193 | -3,471 | 3,471 |
| Accruals and Deferred Income | 0 | 0 | 0 | -7,545 | 7,545 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | -17,240 | 17,240 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -17,240 | 17,240 | 0 |
mcneice fruit farm limited Credit Report and Business Information
Mcneice Fruit Farm Limited Competitor Analysis
Perform a competitor analysis for mcneice fruit farm limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in BT61 area or any other competitors across 12 key performance metrics.
mcneice fruit farm limited Ownership
MCNEICE FRUIT FARM LIMITED group structure
Mcneice Fruit Farm Limited has no subsidiary companies.
Ultimate parent company
MCNEICE FRUIT FARM LIMITED
NI646013
mcneice fruit farm limited directors
Mcneice Fruit Farm Limited currently has 1 director, Fearghal McNeice serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Fearghal McNeice | Northern Ireland | 58 years | May 2017 | - | Director |
P&L
May 2023turnover
332.3
+12%
operating profit
0
0%
gross margin
13.9%
-33.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
5
0%
total assets
100
0%
cash
0
0%
net assets
Total assets minus all liabilities
mcneice fruit farm limited company details
company number
NI646013
Type
Private limited with Share Capital
industry
01290 - Growing of other perennial crops
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
7 ardress west road, armagh, county armagh, BT61 8LH
Bank
-
Legal Advisor
-
mcneice fruit farm 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 found 1 charges/mortgages relating to mcneice fruit farm limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mcneice fruit farm limited Companies House Filings - See Documents
| date | description | view/download |
|---|
