steel farming limited
steel farming limited Company Information
Company Number
SC334165
Website
www.chesterfarm.co.nzRegistered Address
5 whitefriars crescent, perth, perthshire, PH2 0PA
Industry
Growing of vegetables and melons, roots and tubers
Telephone
01828650750
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
jill susan steel 38.5%
david robert steel 38.5%
View Allsteel farming limited Estimated Valuation
Pomanda estimates the enterprise value of STEEL FARMING LIMITED at £372.1k based on a Turnover of £2.3m and 0.16x industry multiple (adjusted for size and gross margin).
steel farming limited Estimated Valuation
Pomanda estimates the enterprise value of STEEL FARMING LIMITED at £0 based on an EBITDA of £-3.5k and a 2.41x industry multiple (adjusted for size and gross margin).
steel farming limited Estimated Valuation
Pomanda estimates the enterprise value of STEEL FARMING LIMITED at £601.5k based on Net Assets of £467.3k and 1.29x industry multiple (adjusted for liquidity).
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Steel Farming Limited Overview
Steel Farming Limited is a live company located in perthshire, PH2 0PA with a Companies House number of SC334165. It operates in the growing of vegetables and melons, roots and tubers sector, SIC Code 01130. Founded in November 2007, it's largest shareholder is jill susan steel with a 38.5% stake. Steel Farming Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with high growth in recent years.
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Steel Farming Limited Health Check
Pomanda's financial health check has awarded Steel Farming Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£7.6m)
- Steel Farming Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (4.5%)
- Steel Farming Limited
4.5% - Industry AVG
Production
with a gross margin of 4.7%, this company has a higher cost of product (15.7%)
- Steel Farming Limited
15.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (0.3%)
- Steel Farming Limited
0.3% - Industry AVG
Employees
with 13 employees, this is below the industry average (47)
- Steel Farming Limited
47 - Industry AVG
Pay Structure
on an average salary of £29.4k, the company has an equivalent pay structure (£29.4k)
- Steel Farming Limited
£29.4k - Industry AVG
Efficiency
resulting in sales per employee of £179.3k, this is more efficient (£115.8k)
- Steel Farming Limited
£115.8k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (24 days)
- Steel Farming Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (33 days)
- Steel Farming Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Steel Farming Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Steel Farming Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.9%, this is a lower level of debt than the average (59.6%)
7.9% - Steel Farming Limited
59.6% - Industry AVG
STEEL FARMING LIMITED financials
Steel Farming Limited's latest turnover from February 2023 is estimated at £2.3 million and the company has net assets of £467.3 thousand. According to their latest financial statements, we estimate that Steel Farming Limited has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 10,999 | 14,665 | 314,224 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 10,999 | 14,665 | 314,224 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 507,605 | 507,829 | 507,938 | 508,163 | 508,379 | 509,267 | 0 | 8,072 | 212,282 | 511,973 | 298,683 | 300,491 | 226,611 | 239,847 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 3,826 | 19,569 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 494,831 | 551,269 | 13 | 13 | 13 | 2 | 2 | 2 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 507,605 | 507,829 | 507,938 | 508,163 | 508,379 | 509,267 | 498,657 | 578,910 | 212,295 | 511,986 | 298,696 | 300,493 | 226,613 | 239,849 |
| total assets | 507,605 | 507,829 | 507,938 | 508,163 | 508,379 | 509,267 | 509,656 | 593,575 | 526,519 | 511,986 | 298,696 | 300,493 | 226,613 | 239,849 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,272 | 36,955 | 36,170 | 35,520 | 34,823 | 34,862 | 0 | 0 | 12,793 | 49,249 | 5,959 | 16,603 | 648 | 8,816 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,333 | 61,146 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 40,272 | 36,955 | 36,170 | 35,520 | 34,823 | 34,862 | 1,333 | 61,146 | 12,793 | 49,249 | 5,959 | 16,603 | 648 | 8,816 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 2,933 | 2,933 | 46,509 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 2,933 | 2,933 | 46,509 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 40,272 | 36,955 | 36,170 | 35,520 | 34,823 | 34,862 | 4,266 | 64,079 | 59,302 | 49,249 | 5,959 | 16,603 | 648 | 8,816 |
| net assets | 467,333 | 470,874 | 471,768 | 472,643 | 473,556 | 474,405 | 505,390 | 529,496 | 467,217 | 462,737 | 292,737 | 283,890 | 225,965 | 231,033 |
| total shareholders funds | 467,333 | 470,874 | 471,768 | 472,643 | 473,556 | 474,405 | 505,390 | 529,496 | 467,217 | 462,737 | 292,737 | 283,890 | 225,965 | 231,033 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 3,666 | 4,888 | 5,326 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -224 | -109 | -225 | -216 | -888 | 505,441 | -23,815 | 27,641 | -299,691 | 213,290 | -1,808 | 73,880 | -13,236 | 239,847 |
| Creditors | 3,317 | 785 | 650 | 697 | -39 | 34,862 | 0 | 0 | -36,456 | 43,290 | -10,644 | 15,955 | -8,168 | 8,816 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -1,333 | -59,813 | 61,146 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -2,933 | 0 | 2,933 | 46,509 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -494,831 | -56,438 | 551,269 | 0 | 0 | 11 | 0 | 0 | 2 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -494,831 | -56,438 | 551,269 | 0 | 0 | 11 | 0 | 0 | 2 |
steel farming limited Credit Report and Business Information
Steel Farming Limited Competitor Analysis
Perform a competitor analysis for steel farming limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
steel farming limited Ownership
STEEL FARMING LIMITED group structure
Steel Farming Limited has no subsidiary companies.
Ultimate parent company
STEEL FARMING LIMITED
SC334165
steel farming limited directors
Steel Farming Limited currently has 2 directors. The longest serving directors include Mr John Steel (Dec 2007) and Mr David Steel (Dec 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Steel | United Kingdom | 82 years | Dec 2007 | - | Director |
| Mr David Steel | United Kingdom | 48 years | Dec 2007 | - | Director |
P&L
February 2023turnover
2.3m
-3%
operating profit
-3.5k
0%
gross margin
4.8%
-51.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
467.3k
-0.01%
total assets
507.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
steel farming limited company details
company number
SC334165
Type
Private limited with Share Capital
industry
01130 - Growing of vegetables and melons, roots and tubers
incorporation date
November 2007
age
17
accounts
Micro-Entity Accounts
ultimate parent company
previous names
chester farms limited (April 2024)
davill limited (August 2015)
incorporated
UK
address
5 whitefriars crescent, perth, perthshire, PH2 0PA
last accounts submitted
February 2023
steel farming 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 steel farming limited.
steel farming limited Companies House Filings - See Documents
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