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Aimia foods ltd
Registration Number
01542173Incorporation Date
28/01/1981Last Annual Return
Not availableAddress
Penny Lane, Haydock, St Helens, Merseyside. WA11 0QZ
Website
www.aimiafoods.comAudit Fees
£134,000Secretary
Not available
Directors
Active
Mr Robert Nicholls Unsworth (49 yrs)
Active
Mr Richard Kenneth Patrick York (53 yrs)
Active
Mr Paul Whitlow (56 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 02-Jan-21 | 01-Jan-22 | 31-Dec-22 | 30-Dec-23 | 28-Dec-24 |
| Weeks | 53 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 81829 | 86920 | 95519 | 110579 | 130483 |
| Directors Fees | 334 | 1003 | 1007 | 1367 | 1640 |
| Gross Profits | 15861 | 20308 | 19236 | 22360 | 26385 |
| Value Added | 18288 | 20186 | 19941 | 23724 | 27718 |
| Trading Profit | 7753 | 8968 | 7445 | 9047 | 11974 |
| Depreciation | 1088 | 995 | 949 | 1069 | |
| Non-Trading Income | 0 | 87 | 34 | -864 | 0 |
| Total Interest Charges | 67 | 48 | 43 | 33 | 40 |
| Pre-tax Profit | 6598 | 8012 | 6487 | 7081 | 10651 |
| Retained Profit (Shareholders Funds) | 615 | -1955 | 5007 | 5151 | 4249 |
| Fixed Assets | 4486 | 4874 | 5165 | 5460 | 6552 |
| Intangibles | 12262 | 11656 | 10916 | 10103 | 12124 |
| Intermediate Assets | 2911 | 3250 | 3250 | 3250 | 3900 |
| Stocks | 9866 | 10713 | 14599 | 13268 | 15656 |
| Debtors | 8069 | 10074 | 10686 | 15968 | 18842 |
| Cash or Equivalent | 11388 | 12828 | 16008 | 22431 | 19005 |
| Total Current Assets | 29323 | 33615 | 41293 | 51667 | 53503 |
| Creditors | 7496 | 10430 | 12213 | 14056 | 19074 |
| Short Term Borrowing | 1502 | 2080 | 3681 | 5224 | 0 |
| Other Current Liabilities | 4768 | 7624 | 6462 | 7781 | 9337 |
| Total Current Liabilities | 13766 | 20134 | 22356 | 27061 | 28411 |
| Net Current Assets | 15557 | 13481 | 18937 | 24606 | 25092 |
| Shareholders Funds | 35216 | 33261 | 38268 | 43419 | 47668 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 35216 | 33261 | 38268 | 43419 | 47668 |
| Pretax Profit Margin % | 8.06 | 9.22 | 6.79 | 6.4 | 8.16 |
| Sales Growth % | -6 | 6 | 10 | 16 | 18 |
| Pretax Profit Growth % | -13 | 21 | -19 | 9 | 50.42 |
| Debtor Ratio Days | 37 | 42 | 41 | 53 | 52.5628916882952 |
| Creditor Ratio Days | 34 | 44 | 47 | 46 | 53.20939418877 |
| Stock Turnover | 8 | 8 | 7 | 8 | 8.3342628881519 |
| Sales £000 / Employee | 252 | 272 | 285 | 317 | 348.529799426934 |
| Value Added £000/Empl. | 56 | 63 | 60 | 68 | 74.0367150696907 |
| Av. Remun. £000 / Empl. | 32 | 35 | 37 | 42 | 42.054441260745 |
| Total Empl. Remu. £000 | 10535 | 11218 | 12496 | 14677 | 15744.4181818182 |
| Employees | 325 | 319 | 335 | 349 | 374.381818181818 |
| Pretax Profit/Total Assets % | 13 | 15 | 11 | 10 | 14 |
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 15.8% in the latest year, well above the industry average of 8.1%.
- Sales per Employee is £317,000 which is well above the industry average of £263,000.
- The average salary is £42,000 which is well above the industry average of £38,000.
- Pretax Profit Margin is 6.4% in the latest year, well above the industry average of 2.5%.
- Formal debt of the company has increased by £1.5m, a rise of 42%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- The company is among the Top 14 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 35 in terms of Trading Profits.
- The company is among the Top 60 companies listed under the Gross Profits category (see section 3.1c).
- The company is among the Top 50 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 28 Cash Rich companies.
- The company is among the Top 113 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £111m sales and made £7.1m, by following the proposal plan, sales would rise to £130m and profits would rise to £10.7m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £111m TO SALES
- ATTRACTIVE RATING
- 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 | 02-Jan-21 | 01-Jan-22 | 31-Dec-22 | 30-Dec-23 | 28-Dec-24 |
| Total Sales (£000) | 81829 | 86920 | 95519 | 110579 | 130483 |
| Pre-tax Profit (£000) | 6598 | 8012 | 6487 | 7081 | 10651 |
| Total Value (£000) | 72589 | 85447 | 82131 | 94774 | 118729 |
| Asset Value (£000) | 37594 | 40567 | 44616 | 48049 | 57074 |
| Goodwill (£000) | 34995 | 44880 | 37515 | 46725 | 61655 |
| Liabilities (£000) | -2378 | -7306 | -6348 | -4630 | -9406 |
| Equity Value (£000) | 70211 | 78141 | 75783 | 90144 | 109323 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
FOOD BRANDS LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
JOHN FARRER & COMPANY (KENDAL) LTD
TWS BIDCO 1 LTD
Acquisition / Valuation Comments
This company has been established 44 years.
The number of shareholders is low (1)
The total value of the company is currently £94.8m 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 14% return on total assets.
The company's value would increase by 25% if the proposed business plan was followed.
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