longthorn farms limited
longthorn farms limited Company Information
Company Number
SC127175
Next Accounts
Jun 2025
Shareholders
mactaggart & mickel homes limited
mactaggart & mickel homes ltd
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
1 atlantic quay, 1 robertson street, glasgow, G2 8JB
Website
www.longthornsfarm.co.uklongthorn farms limited Estimated Valuation
Pomanda estimates the enterprise value of LONGTHORN FARMS LIMITED at £945.7k based on a Turnover of £285.4k and 3.31x industry multiple (adjusted for size and gross margin).
longthorn farms limited Estimated Valuation
Pomanda estimates the enterprise value of LONGTHORN FARMS LIMITED at £0 based on an EBITDA of £-771 and a 6.48x industry multiple (adjusted for size and gross margin).
longthorn farms limited Estimated Valuation
Pomanda estimates the enterprise value of LONGTHORN FARMS LIMITED at £349.7k based on Net Assets of £200.3k and 1.75x industry multiple (adjusted for liquidity).
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Longthorn Farms Limited Overview
Longthorn Farms Limited is a live company located in glasgow, G2 8JB with a Companies House number of SC127175. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 1990, it's largest shareholder is mactaggart & mickel homes limited with a 50% stake. Longthorn Farms Limited is a mature, micro sized company, Pomanda has estimated its turnover at £285.4k with healthy growth in recent years.
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Longthorn Farms Limited Health Check
Pomanda's financial health check has awarded Longthorn Farms Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £285.4k, make it smaller than the average company (£849.8k)
- Longthorn Farms Limited
£849.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (2.8%)
- Longthorn Farms Limited
2.8% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
- Longthorn Farms Limited
72.3% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (27.7%)
- Longthorn Farms Limited
27.7% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Longthorn Farms Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)
- Longthorn Farms Limited
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £71.3k, this is less efficient (£180.2k)
- Longthorn Farms Limited
£180.2k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (33 days)
- Longthorn Farms Limited
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Longthorn Farms Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Longthorn Farms Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Longthorn Farms Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.5%, this is a lower level of debt than the average (67.9%)
24.5% - Longthorn Farms Limited
67.9% - Industry AVG
LONGTHORN FARMS LIMITED financials
Longthorn Farms Limited's latest turnover from September 2023 is estimated at £285.4 thousand and the company has net assets of £200.3 thousand. According to their latest financial statements, Longthorn Farms Limited has 4 employees and maintains cash reserves of £441 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -6,088 | -2,925 | |||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -3,581 | -219 | |||||||||||||
| Tax | -269 | ||||||||||||||
| Profit After Tax | -3,581 | -488 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -3,581 | -488 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
| EBITDA* | -6,088 | -2,925 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,579 | 2,356 | 655 | 1,157 | 1,000 | 1,303 | 2,300 | 2,797 | 3,367 | 2,723 | 5,181 | 3,833 | 2,120 | 2,507 | 2,706 |
| Group Debtors | 250 | 250 | |||||||||||||
| Misc Debtors | 75 | 163 | 650 | 362 | 250 | 250 | 1,436 | 1,436 | 1,686 | 1,686 | |||||
| Cash | 441 | 112 | 765 | 1,194 | 1,375 | 1,860 | 2,814 | 2,393 | 3,386 | 4,774 | 1,199 | 2,912 | 2,465 | 111 | 753 |
| misc current assets | |||||||||||||||
| total current assets | 5,095 | 2,631 | 2,070 | 2,713 | 2,625 | 3,413 | 5,364 | 5,440 | 6,753 | 7,497 | 6,380 | 8,181 | 6,021 | 4,304 | 5,145 |
| total assets | 265,095 | 262,631 | 262,070 | 262,713 | 262,625 | 263,413 | 265,364 | 265,440 | 266,753 | 267,497 | 266,380 | 268,181 | 266,021 | 264,304 | 265,145 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 13,317 | 13,735 | 12,966 | 14,586 | 14,211 | 13,008 | |||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 30,018 | 25,948 | 20,914 | 18,594 | 13,848 | 14,818 | 14,286 | 13,025 | 10,269 | ||||||
| total current liabilities | 30,018 | 25,948 | 20,914 | 18,594 | 13,848 | 14,818 | 14,286 | 13,025 | 13,317 | 13,735 | 12,966 | 14,586 | 14,211 | 13,008 | 10,269 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 34,785 | 35,634 | 40,487 | 27,532 | 27,532 | 27,532 | 28,060 | 28,060 | 53,075 | ||||||
| total long term liabilities | 34,785 | 35,634 | 40,487 | 27,532 | 27,532 | 27,532 | 28,060 | 28,060 | 53,075 | ||||||
| total liabilities | 64,803 | 61,582 | 61,401 | 46,126 | 41,380 | 42,350 | 42,346 | 41,085 | 13,317 | 13,735 | 12,966 | 14,586 | 14,211 | 13,008 | 63,344 |
| net assets | 200,292 | 201,049 | 200,669 | 216,587 | 221,245 | 221,063 | 223,018 | 224,355 | 253,436 | 253,762 | 253,414 | 253,595 | 251,810 | 251,296 | 201,801 |
| total shareholders funds | 200,292 | 201,049 | 200,669 | 216,587 | 221,245 | 221,063 | 223,018 | 224,355 | 253,436 | 253,762 | 253,414 | 253,595 | 251,810 | 251,296 | 201,801 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -6,088 | -2,925 | |||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -269 | ||||||||||||||
| Stock | |||||||||||||||
| Debtors | 2,135 | 1,214 | -214 | 269 | -303 | -997 | -497 | -320 | 644 | -2,458 | -88 | 1,713 | -637 | -199 | 4,392 |
| Creditors | -13,317 | -418 | 769 | -1,620 | 375 | 1,203 | 13,008 | ||||||||
| Accruals and Deferred Income | 4,070 | 5,034 | 2,320 | 4,746 | -970 | 532 | 1,261 | 13,025 | -10,269 | 10,269 | |||||
| Deferred Taxes & Provisions | -849 | -4,853 | 12,955 | -528 | 28,060 | -53,075 | 53,075 | ||||||||
| Cash flow from operations | -56,225 | 55,758 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 53,076 | 202,289 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 329 | -653 | -429 | -181 | -485 | -954 | 421 | -993 | -1,388 | 3,575 | -1,713 | 447 | 2,354 | -642 | 753 |
| overdraft | |||||||||||||||
| change in cash | 329 | -653 | -429 | -181 | -485 | -954 | 421 | -993 | -1,388 | 3,575 | -1,713 | 447 | 2,354 | -642 | 753 |
longthorn farms limited Credit Report and Business Information
Longthorn Farms Limited Competitor Analysis
Perform a competitor analysis for longthorn farms limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in G 2 area or any other competitors across 12 key performance metrics.
longthorn farms limited Ownership
LONGTHORN FARMS LIMITED group structure
Longthorn Farms Limited has no subsidiary companies.
Ultimate parent company
2 parents
LONGTHORN FARMS LIMITED
SC127175
longthorn farms limited directors
Longthorn Farms Limited currently has 3 directors. The longest serving directors include Mr Craig Ormond (May 2023) and Mr Andrew Mickel (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig Ormond | England | 44 years | May 2023 | - | Director |
| Mr Andrew Mickel | 51 years | Sep 2023 | - | Director | |
| Ms Nichola McKelvie | 46 years | Sep 2024 | - | Director |
P&L
September 2023turnover
285.4k
+18%
operating profit
-771.5
0%
gross margin
72.4%
+1.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
200.3k
0%
total assets
265.1k
+0.01%
cash
441
+2.94%
net assets
Total assets minus all liabilities
longthorn farms limited company details
company number
SC127175
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
September 1990
age
35
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
dunwilco (225) limited (October 1992)
accountant
-
auditor
-
address
1 atlantic quay, 1 robertson street, glasgow, G2 8JB
Bank
ADAM & COMPANY PLC
Legal Advisor
-
longthorn farms 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 longthorn farms limited. Currently there are 0 open charges and 1 have been satisfied in the past.
longthorn farms 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 LONGTHORN FARMS LIMITED. This can take several minutes, an email will notify you when this has completed.
longthorn farms limited Companies House Filings - See Documents
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