Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo
All about food ltd
Registration Number
03411600Incorporation Date
30/07/1997Last Annual Return
Not availableAddress
Fourways House, 57 Hilton Street, Manchester, Lancashire. M1 2EJ
Website
www.allaboutfoodltd.comAudit Fees
£76,000Secretary
Mr David Sefton
Directors
Active
Mr Robert Adrian Graham T Hooft (57 yrs)
Active
Mr Michael Damian Taylor (55 yrs)
Active
Mr Charles Francis Luyckx (56 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 28-Feb-21 | 28-Feb-22 | 28-Feb-23 | 29-Feb-24 | 27-Feb-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 61279 | 69978 | 75165 | 93677 | 110539 |
| Directors Fees | 538 | 638 | 685 | 736 | 883 |
| Gross Profits | 14338 | 13088 | 15932 | 18126 | 21389 |
| Value Added | 13359 | 12390 | 12249 | 12928 | 16502 |
| Trading Profit | 7521 | 6919 | 6785 | 8052 | 11271 |
| Depreciation | 139 | 128 | 213 | 244 | |
| Non-Trading Income | 8 | 413 | 58 | 306 | 0 |
| Total Interest Charges | 365 | 0 | 48 | 63 | 76 |
| Pre-tax Profit | 7025 | 7204 | 6582 | 8051 | 10902 |
| Retained Profit (Shareholders Funds) | 5697 | 5934 | 5256 | 6102 | 4831 |
| Fixed Assets | 249 | 269 | 597 | 399 | 479 |
| Intangibles | 0 | 257 | 258 | 294 | 353 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 7308 | 10587 | 11937 | 18030 | 21275 |
| Debtors | 11056 | 17784 | 24179 | 30651 | 36168 |
| Cash or Equivalent | 13871 | 15545 | 17975 | 14860 | 14407 |
| Total Current Assets | 32235 | 43916 | 54091 | 63541 | 71850 |
| Creditors | 1365 | 2502 | 1450 | 5313 | 7210 |
| Short Term Borrowing | 667 | 1874 | 4111 | 2138 | 0 |
| Other Current Liabilities | 10257 | 13936 | 17999 | 19294 | 23153 |
| Total Current Liabilities | 12289 | 18312 | 23560 | 26745 | 30363 |
| Net Current Assets | 19946 | 25604 | 30531 | 36796 | 41487 |
| Shareholders Funds | 20196 | 26130 | 31386 | 37488 | 42319 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 20196 | 26130 | 31386 | 37488 | 42319 |
| Pretax Profit Margin % | 11.46 | 10.29 | 8.76 | 8.59 | 9.86 |
| Sales Growth % | 26 | 14 | 7 | 25 | 18 |
| Pretax Profit Growth % | 39 | 3 | -9 | 22 | 35.41 |
| Debtor Ratio Days | 66 | 93 | 117 | 119 | 119.100355476798 |
| Creditor Ratio Days | 8 | 13 | 7 | 21 | 23.741385825763 |
| Stock Turnover | 8 | 7 | 6 | 5 | 5.1956184137549 |
| Sales £000 / Employee | 1362 | 1400 | 1319 | 1561 | 1717.41166666666 |
| Value Added £000/Empl. | 297 | 248 | 215 | 215 | 256.387005649717 |
| Av. Remun. £000 / Empl. | 130 | 109 | 96 | 81 | 81.2666666666667 |
| Total Empl. Remu. £000 | 5838 | 5471 | 5464 | 4876 | 5230.6181818182 |
| Employees | 45 | 50 | 57 | 60 | 64.3636363636365 |
| Pretax Profit/Total Assets % | 22 | 16 | 12 | 13 | 15 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
- Total Sales have increased by 24.6% in the latest year, well above the industry average of 13.0%.
- Sales per Employee is £1.6m which is well above the industry average of £273,000.
- The average salary is £81,000 which is well above the industry average of £41,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 8.6% in the latest year, well above the industry average of 4.0%.
- Formal debt of the company has decreased by £2.0m, a fall of 48%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- The company is among the Top 16 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 35 Leaders in Efficiency.
- The company is among the Top 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 6 Cash Rich companies.
- The company is among the Top 93 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £93.7m sales and made £8.1m, by following the proposal plan, sales would rise to £111m and profits would rise to £10.9m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £93.7m TO SALES
- FEW DIRECTORS
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 28-Feb-21 | 28-Feb-22 | 28-Feb-23 | 29-Feb-24 | 27-Feb-25 |
| Total Sales (£000) | 61279 | 69978 | 75165 | 93677 | 110539 |
| Pre-tax Profit (£000) | 7025 | 7204 | 6582 | 8051 | 10902 |
| Total Value (£000) | 58213 | 66042 | 73256 | 92094 | 117580 |
| Asset Value (£000) | 18613 | 28897 | 36971 | 49374 | 58275 |
| Goodwill (£000) | 39600 | 37145 | 36285 | 42720 | 59305 |
| Liabilities (£000) | 1582 | -2767 | -5585 | -11885 | -15956 |
| Equity Value (£000) | 59795 | 63275 | 67671 | 80209 | 101624 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
BLUE PIPERS INVESTMENT LTD (50.0%)
CAPRICORN VENTURES INTERNATIONAL LTD (50.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
ALL ABOUT GORONGOSA LTD
CRANKS LTD
Acquisition / Valuation Comments
This company has been established 28 years.
The number of shareholders is low (2)
The value of the company has risen in each of the last 2 years.
The value of the company has fluctuated in the last 2 years.
The total value of the company is currently £92.1m including debts.
The equity value is high, indicating low levels of total liabilities.
This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.
The proposed year is based on achieving a 15% return on total assets.
The company's value would increase by 28% if the proposed business plan was followed.
Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo