maitland farms limited

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maitland farms limited Company Information

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Company Number

SC151834

Website

-

Registered Address

west balhalgardy, inverurie, aberdeenshire, AB51 0HR

Industry

Mixed farming

 

Telephone

01467621238

Next Accounts Due

November 2024

Group Structure

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Directors

Elizabeth Maitland29 Years

Robert Maitland29 Years

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Shareholders

r.j. maitland 34%

elizabeth maitland 33%

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maitland farms limited Estimated Valuation

£488.8k - £5.9m

The estimated valuation range for maitland farms limited, derived from financial data as of February 2023 and the most recent industry multiples, is between £488.8k to £5.9m

maitland farms limited Estimated Valuation

£488.8k - £5.9m

The estimated valuation range for maitland farms limited, derived from financial data as of February 2023 and the most recent industry multiples, is between £488.8k to £5.9m

maitland farms limited Estimated Valuation

£488.8k - £5.9m

The estimated valuation range for maitland farms limited, derived from financial data as of February 2023 and the most recent industry multiples, is between £488.8k to £5.9m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Maitland Farms Limited AI Business Plan

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Maitland Farms Limited Overview

Maitland Farms Limited is a live company located in aberdeenshire, AB51 0HR with a Companies House number of SC151834. It operates in the mixed farming sector, SIC Code 01500. Founded in July 1994, it's largest shareholder is r.j. maitland with a 34% stake. Maitland Farms Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with high growth in recent years.

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Maitland Farms Limited Health Check

Pomanda's financial health check has awarded Maitland Farms 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

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £1.6m, make it in line with the average company (£1.4m)

£1.6m - Maitland Farms Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (7.2%)

20% - Maitland Farms Limited

7.2% - Industry AVG

production

Production

with a gross margin of 35%, this company has a comparable cost of product (35%)

35% - Maitland Farms Limited

35% - Industry AVG

profitability

Profitability

an operating margin of 24.9% make it more profitable than the average company (6.1%)

24.9% - Maitland Farms Limited

6.1% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (17)

11 - Maitland Farms Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.5k, the company has an equivalent pay structure (£25.5k)

£25.5k - Maitland Farms Limited

£25.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £148k, this is more efficient (£93.1k)

£148k - Maitland Farms Limited

£93.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 16 days, this is earlier than average (21 days)

16 days - Maitland Farms Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 83 days, this is slower than average (37 days)

83 days - Maitland Farms Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 511 days, this is more than average (114 days)

511 days - Maitland Farms Limited

114 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (25 weeks)

47 weeks - Maitland Farms Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.1%, this is a lower level of debt than the average (39%)

26.1% - Maitland Farms Limited

39% - Industry AVG

maitland farms 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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Maitland Farms Limited Competitor Analysis

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Perform a competitor analysis for maitland farms limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

maitland farms limited Ownership

MAITLAND FARMS LIMITED group structure

Maitland Farms Limited has no subsidiary companies.

Ultimate parent company

MAITLAND FARMS LIMITED

SC151834

MAITLAND FARMS LIMITED Shareholders

r.j. maitland 34%
elizabeth maitland 33%
robert a.j. maitland 33%

maitland farms limited directors

Maitland Farms Limited currently has 3 directors. The longest serving directors include Mrs Elizabeth Maitland (Jul 1994) and Mr Robert Maitland (Jul 1994).

officercountryagestartendrole
Mrs Elizabeth Maitland66 years Jul 1994- Director
Mr Robert Maitland64 years Jul 1994- Director
Mr Robert MaitlandScotland37 years Feb 2018- Director

MAITLAND FARMS LIMITED financials

EXPORTms excel logo

Maitland Farms Limited's latest turnover from February 2023 is estimated at £1.6 million and the company has net assets of £4.4 million. According to their latest financial statements, Maitland Farms Limited has 11 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover1,627,5371,687,9791,070,538952,4871,234,503682,31100339,313940,61316,212,60314,152,78012,346,75011,857,620
Other Income Or Grants00000000000000
Cost Of Sales1,058,4731,105,489712,407642,397781,004418,83100216,865619,1949,558,2608,512,5817,675,8787,513,061
Gross Profit569,065582,490358,131310,090453,499263,48000122,449321,4196,654,3435,640,1994,670,8724,344,559
Admin Expenses164,359306,204408,375-55,944-85,356192,698-247,502-159,687-136,135-126,2486,438,4055,373,1074,500,3892,053,283
Operating Profit404,706276,286-50,244366,034538,85570,782247,502159,687258,584447,667215,938267,092170,4832,291,276
Interest Payable000043742100000000
Interest Receivable47,7703,2824163,8015,3062,5555151300000
Pre-Tax Profit452,477279,568-49,828369,835543,72572,916247,508159,703258,596447,668215,938267,092170,4832,291,276
Tax-85,971-53,1180-70,269-103,308-13,854-49,501-31,940-54,305-102,964-51,825-69,444-47,735-641,557
Profit After Tax366,506226,450-49,828299,566440,41759,062198,006127,762204,291344,704164,113197,648122,7481,649,719
Dividends Paid00000000000000
Retained Profit366,506226,450-49,828299,566440,41759,062198,006127,762204,291344,704164,113197,648122,7481,649,719
Employee Costs280,417228,037210,833223,283223,310171,3000083,276209,2803,285,3533,138,8382,947,8302,747,764
Number Of Employees11999970038133130130127
EBITDA*501,747378,69127,768522,174612,848119,491258,648170,833269,730447,667215,938267,092170,4832,291,276

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets2,978,9973,027,7082,868,1132,798,8352,862,2592,696,432189,474200,620211,76600000
Intangible Assets00000000000000
Investments & Other34,58828,12829,88729,35023,85523,29000000000
Debtors (Due After 1 year)0000002,631,9942,631,9942,476,9942,476,9940000
Total Fixed Assets3,013,5853,055,8362,898,0002,828,1852,886,1142,719,7222,821,4682,832,6142,688,7602,476,9940000
Stock & work in progress1,483,7781,105,3801,071,010784,620990,184886,48000000000
Trade Debtors71,364141,47129,74961,09065,78519,7140041,09295,0002,175,9672,020,5141,805,7011,749,801
Group Debtors000000030,653000000
Misc Debtors29,78749,12825,87492,817159,596175,879274,69220,93736400000
Cash1,290,9031,097,614215,160617,418396,0821,018,9693,0311,1244,9971212121212
misc current assets00000000000000
total current assets2,875,8322,393,5931,341,7931,555,9451,611,6472,101,042277,72352,71446,45395,0122,175,9792,020,5261,805,7131,749,813
total assets5,889,4175,449,4294,239,7934,384,1304,497,7614,820,7643,099,1912,885,3282,735,2132,572,0062,175,9792,020,5261,805,7131,749,813
Bank overdraft0000012,94800000000
Bank loan00000000000000
Trade Creditors 241,233234,578154,71298,423302,7080009,53792,97441,65150,31133,14699,994
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments52,09652,09614,34945,83393,50076,16600000000
other current liabilities1,112,807989,931215,128351,816488,8151,468,64752,20534,119000000
total current liabilities1,406,1361,276,605384,189496,072885,0231,557,76152,20534,1199,53792,97441,65150,31133,14699,994
loans00000000000000
hp & lease commitments052,0960017,33376,16700000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions132,017135,97097,29679,92286,835118,68337,89540,12442,35300000
total long term liabilities132,017188,06697,29679,922104,168194,85037,89540,12442,35300000
total liabilities1,538,1531,464,671481,485575,994989,1911,752,61190,10074,24351,89092,97441,65150,31133,14699,994
net assets4,351,2643,984,7583,758,3083,808,1363,508,5703,068,1533,009,0912,811,0852,683,3232,479,0322,134,3281,970,2151,772,5671,649,819
total shareholders funds4,351,2643,984,7583,758,3083,808,1363,508,5703,068,1533,009,0912,811,0852,683,3232,479,0322,134,3281,970,2151,772,5671,649,819
Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit404,706276,286-50,244366,034538,85570,782247,502159,687258,584447,667215,938267,092170,4832,291,276
Depreciation97,041102,40578,012156,14073,99348,70911,14611,14611,14600000
Amortisation00000000000000
Tax-85,971-53,1180-70,269-103,308-13,854-49,501-31,940-54,305-102,964-51,825-69,444-47,735-641,557
Stock378,39834,370286,390-205,564103,704886,48000000000
Debtors-89,448134,976-98,284-71,47429,788-2,711,093223,102165,134-53,544396,027155,453214,81355,9001,749,801
Creditors6,65579,86656,289-204,285302,70800-9,537-83,43751,323-8,66017,165-66,84899,994
Accruals and Deferred Income122,876774,803-136,688-136,999-979,8321,416,44218,08634,119000000
Deferred Taxes & Provisions-3,95338,67417,374-6,913-31,84880,788-2,229-2,22942,35300000
Cash flow from operations252,4041,049,570-223,363380,746-332,9243,427,4801,902-3,888227,885-1000-88
Investing Activities
capital expenditure-48,330-262,000-147,290-92,716-239,820-2,555,66700-222,91200000
Change in Investments6,460-1,7595375,49556523,29000000000
cash flow from investments-54,790-260,241-147,827-98,211-240,385-2,578,95700-222,91200000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments-52,09689,843-31,484-65,000-41,500152,33300000000
other long term liabilities00000000000000
share issue0000000000000100
interest47,7703,2824163,8014,8692,1345151300000
cash flow from financing-4,32693,125-31,068-61,199-36,631154,467515130000100
cash and cash equivalents
cash193,289882,454-402,258221,336-622,8871,015,9381,907-3,8734,985000012
overdraft0000-12,94812,94800000000
change in cash193,289882,454-402,258221,336-609,9391,002,9901,907-3,8734,985000012

P&L

February 2023

turnover

1.6m

-4%

operating profit

404.7k

0%

gross margin

35%

+1.32%

turnover

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

Balance Sheet

February 2023

net assets

4.4m

+0.09%

total assets

5.9m

+0.08%

cash

1.3m

+0.18%

net assets

Total assets minus all liabilities

maitland farms limited company details

company number

SC151834

Type

Private limited with Share Capital

industry

01500 - Mixed farming

incorporation date

July 1994

age

30

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

west balhalgardy, inverurie, aberdeenshire, AB51 0HR

last accounts submitted

February 2023

maitland 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 did not find charges/mortgages relating to maitland farms limited.

charges

maitland farms limited Companies House Filings - See Documents

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