falkland rural enterprises limited

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falkland rural enterprises limited Company Information

Share FALKLAND RURAL ENTERPRISES LIMITED

Company Number

SC030053

Shareholders

ninian john chrichton-stuart

elspeth ann chrichton-stuart

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Group Structure

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Industry

Mixed farming

 

Registered Address

falkland estate stables falkland, cupar, fife, KY15 7AF

falkland rural enterprises limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of FALKLAND RURAL ENTERPRISES LIMITED at £1.5m based on a Turnover of £2.9m and 0.5x industry multiple (adjusted for size and gross margin).

falkland rural enterprises limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FALKLAND RURAL ENTERPRISES LIMITED at £0 based on an EBITDA of £-105.9k and a 3.2x industry multiple (adjusted for size and gross margin).

falkland rural enterprises limited Estimated Valuation

£227.5k

Pomanda estimates the enterprise value of FALKLAND RURAL ENTERPRISES LIMITED at £227.5k based on Net Assets of £161k and 1.41x industry multiple (adjusted for liquidity).

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Falkland Rural Enterprises Limited Overview

Falkland Rural Enterprises Limited is a live company located in fife, KY15 7AF with a Companies House number of SC030053. It operates in the mixed farming sector, SIC Code 01500. Founded in May 1954, it's largest shareholder is ninian john chrichton-stuart with a 86.6% stake. Falkland Rural Enterprises Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with high growth in recent years.

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Falkland Rural Enterprises Limited Health Check

Pomanda's financial health check has awarded Falkland Rural Enterprises Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.9m, make it larger than the average company (£1.4m)

£2.9m - Falkland Rural Enterprises Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (10.9%)

24% - Falkland Rural Enterprises Limited

10.9% - Industry AVG

production

Production

with a gross margin of 19%, this company has a higher cost of product (30.7%)

19% - Falkland Rural Enterprises Limited

30.7% - Industry AVG

profitability

Profitability

an operating margin of -3.6% make it less profitable than the average company (5.9%)

-3.6% - Falkland Rural Enterprises Limited

5.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (16)

2 - Falkland Rural Enterprises Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)

£29.7k - Falkland Rural Enterprises Limited

£29.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.5m, this is more efficient (£119.7k)

£1.5m - Falkland Rural Enterprises Limited

£119.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is later than average (21 days)

89 days - Falkland Rural Enterprises Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 58 days, this is slower than average (39 days)

58 days - Falkland Rural Enterprises Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Falkland Rural Enterprises Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Falkland Rural Enterprises Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 89.8%, this is a higher level of debt than the average (43.7%)

89.8% - Falkland Rural Enterprises Limited

43.7% - Industry AVG

FALKLAND RURAL ENTERPRISES LIMITED financials

EXPORTms excel logo

Falkland Rural Enterprises Limited's latest turnover from March 2024 is estimated at £2.9 million and the company has net assets of £161 thousand. According to their latest financial statements, Falkland Rural Enterprises Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,910,9511,343,1001,189,2041,524,5251,015,329300,340248,163328,511282,552296,924333,712314,878208,808178,908166,102
Other Income Or Grants
Cost Of Sales2,358,4031,082,107935,0091,219,111811,723238,846194,458266,081224,776233,645265,684247,479237,242191,579210,047
Gross Profit552,548260,993254,195305,414203,60561,49453,70562,43057,77663,27868,02867,399-28,434-12,671-43,945
Admin Expenses658,483287,713297,055129,683200,21544,71288,06964,98297,64377,127-278,263116,819-19,796-19,411-18,707
Operating Profit-105,935-26,720-42,860175,7313,39016,782-34,364-2,552-39,867-13,849346,291-49,420-8,6386,740-25,238
Interest Payable
Interest Receivable8222218953346594062593873498
Pre-Tax Profit-105,935-26,720-42,860175,7313,39817,004-34,146-2,457-39,533-13,190346,697-49,161-8,6006,813-24,740
Tax-33,389-646-3,231-79,740
Profit After Tax-105,935-26,720-42,860142,3422,75213,773-34,146-2,457-39,533-13,190266,957-49,161-8,6006,813-24,740
Dividends Paid
Retained Profit-105,935-26,720-42,860142,3422,75213,773-34,146-2,457-39,533-13,190266,957-49,161-8,6006,813-24,740
Employee Costs59,35050,87574,50869,70070,85845,74644,89847,00152,43255,47552,37649,41148,38346,635
Number Of Employees22333222222222
EBITDA*-105,935-26,720-42,860175,73141,56451,6624,39333,166-10,41018,859382,369-21,56916,43626,235-12,730

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets858,468182,406227,638172,644210,949210,485192,899218,413173,544192,366180,070189,344200,483159,012126,458
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets858,468182,406227,638172,644210,949210,485192,899218,413173,544192,366180,070189,344200,483159,012126,458
Stock & work in progress258,422222,282214,649184,919169,940102,022161,427201,564192,081123,657
Trade Debtors712,592345,528341,461433,373282,25338,14021,03357,96458,39838,68354,12960,77537,41651,21731,337
Group Debtors2,537
Misc Debtors3,9743,4543,1192,8295,2849,2241,262
Cash15,58643,49243,84932,502100,972162,50652,33551,17844,057137,922
misc current assets
total current assets712,592349,502344,915436,492285,082312,148289,344316,462275,819309,595318,657274,537295,442296,579294,178
total assets1,571,060531,908572,553609,136496,031522,633482,243534,875449,363501,961498,727463,881495,925455,591420,636
Bank overdraft
Bank loan
Trade Creditors 378,136216,599217,927246,218261,029261,425247,141265,633181,129184,107174,189129,597112,48063,54635,404
Group/Directors Accounts3,4713,465
other short term finances
hp & lease commitments
other current liabilities
total current liabilities378,136216,599217,927246,218261,029261,425250,612269,098181,129184,107174,189129,597112,48063,54635,404
loans
hp & lease commitments
Accruals and Deferred Income36,10813,39114,32114,29616,598
other liabilities995,83335,00046,66712,12424,24815,80410,087
provisions3,581
total long term liabilities1,031,94148,39160,98826,42040,84615,80410,0873,581
total liabilities1,410,077264,990278,915272,638301,875277,229250,612269,098181,129194,194177,770129,597112,48063,54635,404
net assets160,983266,918293,638336,498194,156245,404231,631265,777268,234307,767320,957334,284383,445392,045385,232
total shareholders funds160,983266,918293,638336,498194,156245,404231,631265,777268,234307,767320,957334,284383,445392,045385,232
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-105,935-26,720-42,860175,7313,39016,782-34,364-2,552-39,867-13,849346,291-49,420-8,6386,740-25,238
Depreciation38,17434,88038,75735,71829,45732,70836,07827,85125,07419,49512,508
Amortisation
Tax-33,389-646-3,231-79,740
Stock-258,42236,1407,63329,73014,97967,918102,022-40,1379,48368,424123,657
Debtors363,0904,587-91,577151,410246,94214,570-34,394-43419,715-15,44654,12918,075-17,74127,84232,599
Creditors161,537-1,328-28,291-14,811-39614,284-18,49284,504-2,9789,918174,18917,11748,93428,14235,404
Accruals and Deferred Income22,717-93025-2,30216,598
Deferred Taxes & Provisions-3,5813,581
Cash flow from operations-284,771-33,56520,451-26,18168,60012,00512,66288,374-48,082-27,276324,24817,61073,628-41,889-133,582
Investing Activities
capital expenditure-676,06245,232-54,99438,305-38,638-52,466-13,243-80,587-10,635-45,004-216,148-16,712-66,545-52,049-138,966
Change in Investments
cash flow from investments-676,06245,232-54,99438,305-38,638-52,466-13,243-80,587-10,635-45,004-216,148-16,712-66,545-52,049-138,966
Financing Activities
Bank loans
Group/Directors Accounts-3,47163,465
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities960,833-11,66734,543-12,1248,44415,804-10,08710,087
share issue-54,00054,000409,972
interest8222218953346594062593873498
cash flow from financing960,833-11,66734,543-12,124-45,54812,5552243,560-9,75310,74654,4062593873410,470
cash and cash equivalents
cash-15,586-27,906-35711,347-68,470-61,534162,5061,1577,121-93,865137,922
overdraft
change in cash-15,586-27,906-35711,347-68,470-61,534162,5061,1577,121-93,865137,922

falkland rural enterprises limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Falkland Rural Enterprises Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for falkland rural enterprises limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in KY15 area or any other competitors across 12 key performance metrics.

falkland rural enterprises limited Ownership

FALKLAND RURAL ENTERPRISES LIMITED group structure

Falkland Rural Enterprises Limited has no subsidiary companies.

Ultimate parent company

FALKLAND RURAL ENTERPRISES LIMITED

SC030053

FALKLAND RURAL ENTERPRISES LIMITED Shareholders

ninian john chrichton-stuart 86.57%
elspeth ann chrichton-stuart 6.71%
marietta frances chrichton-stuart 6.71%

falkland rural enterprises limited directors

Falkland Rural Enterprises Limited currently has 2 directors. The longest serving directors include Ninian Crichton-Stuart (Feb 1989) and Mr Guy Watt (May 2016).

officercountryagestartendrole
Ninian Crichton-Stuart68 years Feb 1989- Director
Mr Guy Watt79 years May 2016- Director

P&L

March 2024

turnover

2.9m

+117%

operating profit

-105.9k

0%

gross margin

19%

-2.32%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

161k

-0.4%

total assets

1.6m

+1.95%

cash

0

0%

net assets

Total assets minus all liabilities

falkland rural enterprises limited company details

company number

SC030053

Type

Private limited with Share Capital

industry

01500 - Mixed farming

incorporation date

May 1954

age

71

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

falkland estate limited (April 2008)

falkland farms limited (June 2007)

accountant

PATERSON BOYD & CO

auditor

-

address

falkland estate stables falkland, cupar, fife, KY15 7AF

Bank

BANK OF SCOTLAND

Legal Advisor

-

falkland rural enterprises 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 2 charges/mortgages relating to falkland rural enterprises limited. Currently there are 2 open charges and 0 have been satisfied in the past.

falkland rural enterprises 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.

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falkland rural enterprises limited Companies House Filings - See Documents

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