stewarts produce limited
stewarts produce limited Company Information
Company Number
SC509801
Next Accounts
Feb 2026
Shareholders
william stewart
liam stewart
Group Structure
View All
Industry
Activities of agricultural holding companies
Registered Address
tofthill glencarse, perth, scotland, PH2 7LS
Website
stewartsoftayside.co.ukstewarts produce limited Estimated Valuation
Pomanda estimates the enterprise value of STEWARTS PRODUCE LIMITED at £118.6m based on a Turnover of £41.4m and 2.87x industry multiple (adjusted for size and gross margin).
stewarts produce limited Estimated Valuation
Pomanda estimates the enterprise value of STEWARTS PRODUCE LIMITED at £52.4m based on an EBITDA of £5.4m and a 9.64x industry multiple (adjusted for size and gross margin).
stewarts produce limited Estimated Valuation
Pomanda estimates the enterprise value of STEWARTS PRODUCE LIMITED at £12m based on Net Assets of £10.5m and 1.15x industry multiple (adjusted for liquidity).
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Stewarts Produce Limited Overview
Stewarts Produce Limited is a live company located in scotland, PH2 7LS with a Companies House number of SC509801. It operates in the activities of agricultural holding companies sector, SIC Code 64201. Founded in July 2015, it's largest shareholder is william stewart with a 60.8% stake. Stewarts Produce Limited is a established, large sized company, Pomanda has estimated its turnover at £41.4m with healthy growth in recent years.
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Stewarts Produce Limited Health Check
Pomanda's financial health check has awarded Stewarts Produce Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £41.4m, make it larger than the average company (£21.6m)
£41.4m - Stewarts Produce Limited
£21.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.4%)
12% - Stewarts Produce Limited
7.4% - Industry AVG
Production
with a gross margin of 36.1%, this company has a lower cost of product (21.5%)
36.1% - Stewarts Produce Limited
21.5% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (6.5%)
10.4% - Stewarts Produce Limited
6.5% - Industry AVG
Employees
with 451 employees, this is above the industry average (101)
451 - Stewarts Produce Limited
101 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£36.8k)
£36k - Stewarts Produce Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £91.7k, this is less efficient (£191.5k)
£91.7k - Stewarts Produce Limited
£191.5k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (33 days)
28 days - Stewarts Produce Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (39 days)
26 days - Stewarts Produce Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 89 days, this is more than average (61 days)
89 days - Stewarts Produce Limited
61 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Stewarts Produce Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.3%, this is a higher level of debt than the average (46.5%)
60.3% - Stewarts Produce Limited
46.5% - Industry AVG
STEWARTS PRODUCE LIMITED financials
Stewarts Produce Limited's latest turnover from May 2024 is £41.4 million and the company has net assets of £10.5 million. According to their latest financial statements, Stewarts Produce Limited has 451 employees and maintains cash reserves of £273.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 41,359,727 | 32,615,981 | 27,951,952 | 29,215,551 | 26,584,000 | 24,209,542 | 24,658,718 | 21,131,433 | 6,106,527 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 26,435,857 | 22,936,027 | 19,991,471 | 21,655,575 | 18,557,696 | 16,241,777 | 17,101,183 | 14,688,085 | 6,068,254 |
| Gross Profit | 14,923,870 | 9,679,954 | 7,960,481 | 7,559,976 | 8,026,304 | 7,967,765 | 7,557,535 | 6,443,348 | 38,273 |
| Admin Expenses | 10,613,605 | 8,169,788 | 7,157,395 | 6,486,277 | 5,812,191 | 6,045,392 | 6,357,491 | 5,000,260 | 473,818 |
| Operating Profit | 4,310,265 | 1,510,166 | 803,086 | 1,073,699 | 2,214,113 | 1,922,373 | 1,200,044 | 1,443,088 | -435,545 |
| Interest Payable | 538,337 | 418,908 | 323,801 | 334,691 | 338,312 | 379,172 | 352,413 | 365,024 | 206,990 |
| Interest Receivable | 44,730 | 9,744 | 58 | 671 | 2,711 | 733 | 122 | 125 | |
| Pre-Tax Profit | 3,816,658 | 1,101,002 | 479,343 | 738,978 | 1,878,512 | 1,543,934 | 847,631 | 1,078,186 | -642,410 |
| Tax | -765,428 | -126,478 | 138,771 | -404,360 | -326,557 | -222,419 | -75,979 | -162,834 | 395,501 |
| Profit After Tax | 3,051,230 | 974,524 | 618,114 | 334,618 | 1,551,955 | 1,321,515 | 771,652 | 915,352 | -246,909 |
| Dividends Paid | 103,500 | 85,000 | 88,000 | 88,000 | |||||
| Retained Profit | 2,947,730 | 889,524 | 530,114 | 246,618 | 1,551,955 | 1,321,515 | 771,652 | 915,352 | -246,909 |
| Employee Costs | 16,243,407 | 13,673,566 | 11,811,462 | 12,413,546 | 11,357,071 | 10,177,592 | 9,798,593 | 9,068,550 | 1,805,154 |
| Number Of Employees | 451 | 427 | 404 | 458 | 433 | 402 | 412 | 400 | 200 |
| EBITDA* | 5,429,379 | 2,513,991 | 1,749,384 | 2,003,846 | 2,933,431 | 2,515,825 | 1,880,204 | 2,330,305 | 1,180,397 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,888,965 | 14,154,875 | 13,901,717 | 13,053,816 | 12,317,235 | 7,601,959 | 7,713,033 | 8,046,815 | 8,304,357 |
| Intangible Assets | -134,285 | ||||||||
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | 175,426 | 109,387 | |||||||
| Total Fixed Assets | 14,889,065 | 14,330,401 | 14,011,204 | 13,053,916 | 12,317,335 | 7,602,059 | 7,713,133 | 8,046,915 | 8,170,172 |
| Stock & work in progress | 6,456,633 | 6,019,301 | 5,458,697 | 4,791,930 | 4,695,811 | 4,594,700 | 3,321,989 | 3,180,213 | 2,845,219 |
| Trade Debtors | 3,272,311 | 2,294,493 | 1,831,172 | 1,791,533 | 2,171,854 | 1,578,996 | 1,181,617 | 1,418,757 | 1,155,000 |
| Group Debtors | |||||||||
| Misc Debtors | 1,422,070 | 822,952 | 821,114 | 686,521 | 584,145 | 669,076 | 1,585,474 | 1,171,924 | 1,223,052 |
| Cash | 273,745 | 36,233 | 42,550 | 144,994 | 146,537 | 89,771 | 23,753 | 15,202 | 36,680 |
| misc current assets | |||||||||
| total current assets | 11,424,759 | 9,172,979 | 8,153,533 | 7,414,978 | 7,598,347 | 6,932,543 | 6,112,833 | 5,786,096 | 5,259,951 |
| total assets | 26,313,824 | 23,503,380 | 22,164,737 | 20,468,894 | 19,915,682 | 14,534,602 | 13,825,966 | 13,833,011 | 13,430,123 |
| Bank overdraft | 2,159,275 | 1,917,363 | 879,408 | 1,107,999 | 734,199 | 201,967 | 340,414 | 523,370 | |
| Bank loan | 660,794 | 660,821 | 648,284 | 250,000 | 250,000 | 250,000 | |||
| Trade Creditors | 1,954,538 | 1,677,649 | 1,605,820 | 1,599,909 | 1,603,046 | 1,229,299 | 1,457,574 | 1,524,945 | 1,514,053 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | 734,376 | 444,405 | 382,363 | 288,380 | 138,973 | 80,479 | 61,743 | 67,280 | 147,755 |
| other current liabilities | 1,540,141 | 982,078 | 900,438 | 883,235 | 972,233 | 966,227 | 924,900 | 1,292,350 | 1,242,409 |
| total current liabilities | 4,889,849 | 5,924,228 | 4,805,984 | 3,650,932 | 3,822,251 | 3,658,488 | 2,896,184 | 3,474,989 | 3,677,587 |
| loans | 8,348,751 | 7,719,471 | 8,363,748 | 8,482,533 | 9,045,429 | 5,892,294 | 6,552,413 | 6,788,013 | 7,023,613 |
| hp & lease commitments | 869,867 | 833,187 | 1,004,705 | 827,209 | 403,373 | 61,533 | 50,513 | 11,764 | 64,793 |
| Accruals and Deferred Income | |||||||||
| other liabilities | 201,506 | 238,098 | 283,945 | 342,045 | 66,802 | ||||
| provisions | 1,550,374 | 1,282,649 | 1,090,132 | 1,080,066 | 738,336 | 557,182 | 515,635 | 531,947 | 642,121 |
| total long term liabilities | 10,970,498 | 10,073,405 | 10,742,530 | 10,731,853 | 10,253,940 | 6,511,009 | 7,118,561 | 7,331,724 | 7,730,527 |
| total liabilities | 15,860,347 | 15,997,633 | 15,548,514 | 14,382,785 | 14,076,191 | 10,169,497 | 10,014,745 | 10,806,713 | 11,408,114 |
| net assets | 10,453,477 | 7,505,747 | 6,616,223 | 6,086,109 | 5,839,491 | 4,365,105 | 3,811,221 | 3,026,298 | 2,022,009 |
| total shareholders funds | 10,453,477 | 7,505,747 | 6,616,223 | 6,086,109 | 5,839,491 | 4,365,105 | 3,811,221 | 3,026,298 | 2,022,009 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 4,310,265 | 1,510,166 | 803,086 | 1,073,699 | 2,214,113 | 1,922,373 | 1,200,044 | 1,443,088 | -435,545 |
| Depreciation | 1,119,114 | 1,003,825 | 946,298 | 930,147 | 719,318 | 593,452 | 680,160 | 752,932 | 508,941 |
| Amortisation | 134,285 | 1,107,001 | |||||||
| Tax | -765,428 | -126,478 | 138,771 | -404,360 | -326,557 | -222,419 | -75,979 | -162,834 | 395,501 |
| Stock | 437,332 | 560,604 | 666,767 | 96,119 | 101,111 | 1,272,711 | 141,776 | 334,994 | 2,845,219 |
| Debtors | 1,401,510 | 531,198 | 283,619 | -277,945 | 507,927 | -519,019 | 176,410 | 212,629 | 2,378,052 |
| Creditors | 276,889 | 71,829 | 5,911 | -3,137 | 373,747 | -228,275 | -67,371 | 10,892 | 1,514,053 |
| Accruals and Deferred Income | 558,063 | 81,640 | 17,203 | -88,998 | 6,006 | 41,327 | -367,450 | 49,941 | 1,242,409 |
| Deferred Taxes & Provisions | 267,725 | 192,517 | 10,066 | 341,730 | 181,154 | 41,547 | -16,312 | -110,174 | 642,121 |
| Cash flow from operations | 3,927,786 | 1,641,697 | 970,949 | 2,030,907 | 2,558,743 | 1,394,313 | 1,034,906 | 1,570,507 | -248,790 |
| Investing Activities | |||||||||
| capital expenditure | -370,474 | -200,040 | -444,202 | -492,686 | |||||
| Change in Investments | 100 | ||||||||
| cash flow from investments | -370,474 | -200,040 | -444,202 | -492,786 | |||||
| Financing Activities | |||||||||
| Bank loans | -27 | 660,821 | -648,284 | 398,284 | 250,000 | ||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | 629,280 | -644,277 | -118,785 | -562,896 | 3,153,135 | -660,119 | -235,600 | -235,600 | 7,023,613 |
| Hire Purchase and Lease Commitments | 326,651 | -109,476 | 271,479 | 573,243 | 400,334 | 29,756 | 33,212 | -133,504 | 212,548 |
| other long term liabilities | -36,592 | -45,847 | -58,100 | 275,243 | 66,802 | ||||
| share issue | |||||||||
| interest | -493,607 | -409,164 | -323,743 | -334,020 | -335,601 | -378,439 | -352,413 | -364,902 | -206,865 |
| cash flow from financing | 425,705 | -547,943 | -229,149 | -48,430 | 2,558,817 | -1,378,149 | -541,530 | -645,069 | 9,548,214 |
| cash and cash equivalents | |||||||||
| cash | 237,512 | -6,317 | -102,444 | -1,543 | 56,766 | 66,018 | 8,551 | -21,478 | 36,680 |
| overdraft | -2,159,275 | 241,912 | 1,037,955 | -228,591 | 373,800 | 532,232 | -138,447 | -182,956 | 523,370 |
| change in cash | 2,396,787 | -248,229 | -1,140,399 | 227,048 | -317,034 | -466,214 | 146,998 | 161,478 | -486,690 |
stewarts produce limited Credit Report and Business Information
Stewarts Produce Limited Competitor Analysis
Perform a competitor analysis for stewarts produce limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in PH2 area or any other competitors across 12 key performance metrics.
stewarts produce limited Ownership
STEWARTS PRODUCE LIMITED group structure
Stewarts Produce Limited has 2 subsidiary companies.
Ultimate parent company
STEWARTS PRODUCE LIMITED
SC509801
2 subsidiaries
stewarts produce limited directors
Stewarts Produce Limited currently has 4 directors. The longest serving directors include Mr Liam Stewart (Aug 2015) and Mr William Stewart (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Liam Stewart | Scotland | 36 years | Aug 2015 | - | Director |
| Mr William Stewart | Scotland | 64 years | Aug 2015 | - | Director |
| Mr Douglas Baxter | Scotland | 48 years | Aug 2015 | - | Director |
| Mrs Sheena Stewart | Scotland | 61 years | Apr 2016 | - | Director |
P&L
May 2024turnover
41.4m
+27%
operating profit
4.3m
+185%
gross margin
36.1%
+21.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
10.5m
+0.39%
total assets
26.3m
+0.12%
cash
273.7k
+6.56%
net assets
Total assets minus all liabilities
stewarts produce limited company details
company number
SC509801
Type
Private limited with Share Capital
industry
64201 - Activities of agricultural holding companies
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
May 2024
previous names
mm&s (5882) limited (August 2015)
accountant
-
auditor
JOHNSTON CARMICHAEL LLP
address
tofthill glencarse, perth, scotland, PH2 7LS
Bank
-
Legal Advisor
-
stewarts produce 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 stewarts produce limited.
stewarts produce limited Capital Raised & Share Issues BETA
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stewarts produce limited Companies House Filings - See Documents
| date | description | view/download |
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