agm forbes limited
agm forbes limited Company Information
Company Number
SC602529
Website
-Registered Address
omachie farm kingennie, dundee, DD5 3RE
Industry
Mixed farming
Telephone
01382370231
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael bartow forbes 96%
cynthia forbes 2%
View Allagm forbes limited Estimated Valuation
The estimated valuation range for agm forbes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £56.7k to £926.9k
agm forbes limited Estimated Valuation
The estimated valuation range for agm forbes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £56.7k to £926.9k
agm forbes limited Estimated Valuation
The estimated valuation range for agm forbes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £56.7k to £926.9k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Agm Forbes Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Agm Forbes Limited Overview
Agm Forbes Limited is a live company located in dundee, DD5 3RE with a Companies House number of SC602529. It operates in the mixed farming sector, SIC Code 01500. Founded in July 2018, it's largest shareholder is michael bartow forbes with a 96% stake. Agm Forbes Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Agm Forbes Limited Health Check
Pomanda's financial health check has awarded Agm Forbes Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
1 Weak
Size
annual sales of £2.2m, make it larger than the average company (£1.6m)
- Agm Forbes Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8%)
- Agm Forbes Limited
8% - Industry AVG
Production
with a gross margin of 35%, this company has a comparable cost of product (35%)
- Agm Forbes Limited
35% - Industry AVG
Profitability
an operating margin of 6.6% make it as profitable than the average company (7.5%)
- Agm Forbes Limited
7.5% - Industry AVG
Employees
with 25 employees, this is above the industry average (18)
25 - Agm Forbes Limited
18 - Industry AVG
Pay Structure
on an average salary of £25.4k, the company has an equivalent pay structure (£25.4k)
- Agm Forbes Limited
£25.4k - Industry AVG
Efficiency
resulting in sales per employee of £87.6k, this is equally as efficient (£93.4k)
- Agm Forbes Limited
£93.4k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (22 days)
- Agm Forbes Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 223 days, this is slower than average (37 days)
- Agm Forbes Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 75 days, this is less than average (100 days)
- Agm Forbes Limited
100 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Agm Forbes Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.4%, this is a higher level of debt than the average (40.8%)
98.4% - Agm Forbes Limited
40.8% - Industry AVG
agm forbes limited Credit Report and Business Information
Agm Forbes Limited Competitor Analysis
Perform a competitor analysis for agm forbes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
agm forbes limited Ownership
AGM FORBES LIMITED group structure
Agm Forbes Limited has no subsidiary companies.
Ultimate parent company
AGM FORBES LIMITED
SC602529
agm forbes limited directors
Agm Forbes Limited currently has 4 directors. The longest serving directors include Mr Michael Forbes (Jul 2018) and Ms Gail Forbes (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Forbes | 60 years | Jul 2018 | - | Director | |
| Ms Gail Forbes | United Kingdom | 64 years | Jul 2018 | - | Director |
| Mr Cameron Forbes | United Kingdom | 34 years | Aug 2019 | - | Director |
| Mr Alistair Forbes | United Kingdom | 25 years | Aug 2019 | - | Director |
AGM FORBES LIMITED financials
Agm Forbes Limited's latest turnover from March 2023 is estimated at £2.2 million and the company has net assets of £41.7 thousand. According to their latest financial statements, Agm Forbes Limited has 25 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 25 | 25 | 25 | 25 | 25 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,729,083 | 1,356,812 | 971,800 | 832,932 | 860,544 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,729,083 | 1,356,812 | 971,800 | 832,932 | 860,544 |
| Stock & work in progress | 294,280 | 307,870 | 247,663 | 317,557 | 264,617 |
| Trade Debtors | 43,797 | 72,820 | 40,139 | 51,149 | 22,313 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 473,578 | 467,869 | 105,687 | 103,831 | 133,072 |
| Cash | 0 | 0 | 0 | 0 | 116,231 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 811,655 | 848,559 | 393,489 | 472,537 | 536,233 |
| total assets | 2,540,738 | 2,205,371 | 1,365,289 | 1,305,469 | 1,396,777 |
| Bank overdraft | 794,973 | 370,521 | 121,967 | 277,061 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 871,122 | 872,990 | 499,921 | 447,615 | 645,161 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 94,024 | 62,959 | 91,233 | 57,196 | 0 |
| other current liabilities | 157,098 | 140,381 | 223,139 | 386,580 | 593,500 |
| total current liabilities | 1,917,217 | 1,446,851 | 936,260 | 1,168,452 | 1,238,661 |
| loans | 301,299 | 577,750 | 0 | 0 | 0 |
| hp & lease commitments | 226,630 | 117,217 | 155,608 | 38,824 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 113,715 |
| provisions | 53,882 | 53,882 | 53,882 | 11,019 | 7,531 |
| total long term liabilities | 581,811 | 748,849 | 209,490 | 49,843 | 121,246 |
| total liabilities | 2,499,028 | 2,195,700 | 1,145,750 | 1,218,295 | 1,359,907 |
| net assets | 41,710 | 9,671 | 219,539 | 87,174 | 36,870 |
| total shareholders funds | 41,710 | 9,671 | 219,539 | 87,174 | 36,870 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 103,755 | 100,687 | 91,145 | 80,569 | 59,178 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -13,590 | 60,207 | -69,894 | 52,940 | 264,617 |
| Debtors | -23,314 | 394,863 | -9,154 | -405 | 155,385 |
| Creditors | -1,868 | 373,069 | 52,306 | -197,546 | 645,161 |
| Accruals and Deferred Income | 16,717 | -82,758 | -163,441 | -206,920 | 593,500 |
| Deferred Taxes & Provisions | 0 | 0 | 42,863 | 3,488 | 7,531 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -276,451 | 577,750 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 140,478 | -66,665 | 150,821 | 96,020 | 0 |
| other long term liabilities | 0 | 0 | 0 | -113,715 | 113,715 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | -116,231 | 116,231 |
| overdraft | 424,452 | 248,554 | -155,094 | 277,061 | 0 |
| change in cash | -424,452 | -248,554 | 155,094 | -393,292 | 116,231 |
P&L
March 2023turnover
2.2m
-1%
operating profit
144.3k
0%
gross margin
35.1%
+1.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
41.7k
+3.31%
total assets
2.5m
+0.15%
cash
0
0%
net assets
Total assets minus all liabilities
agm forbes limited company details
company number
SC602529
Type
Private limited with Share Capital
industry
01500 - Mixed farming
incorporation date
July 2018
age
6
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
omachie farm kingennie, dundee, DD5 3RE
last accounts submitted
March 2023
agm forbes 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 agm forbes limited. Currently there are 1 open charges and 1 have been satisfied in the past.
agm forbes limited Companies House Filings - See Documents
| date | description | view/download |
|---|
