dbc foodservice limited
dbc foodservice limited Company Information
Company Number
00160100
Website
http://vesteyfoods.comRegistered Address
landmark st peter's square, 1 oxford street, manchester, M1 4PB
Industry
Other personal service activities n.e.c.
Telephone
02086556920
Next Accounts Due
4191 days late
Group Structure
View All
Shareholders
wpd holdings ltd 100%
dbc foodservice limited Estimated Valuation
Pomanda estimates the enterprise value of DBC FOODSERVICE LIMITED at £374.5m based on a Turnover of £302.1m and 1.24x industry multiple (adjusted for size and gross margin).
dbc foodservice limited Estimated Valuation
Pomanda estimates the enterprise value of DBC FOODSERVICE LIMITED at £0 based on an EBITDA of £-2.9m and a 9.1x industry multiple (adjusted for size and gross margin).
dbc foodservice limited Estimated Valuation
Pomanda estimates the enterprise value of DBC FOODSERVICE LIMITED at £18.1m based on Net Assets of £6.1m and 2.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Dbc Foodservice Limited Overview
Dbc Foodservice Limited is a live company located in manchester, M1 4PB with a Companies House number of 00160100. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 1919, it's largest shareholder is wpd holdings ltd with a 100% stake. Dbc Foodservice Limited is a mature, mega sized company, Pomanda has estimated its turnover at £302.1m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Dbc Foodservice Limited Health Check
Pomanda's financial health check has awarded Dbc Foodservice Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £302.1m, make it larger than the average company (£442k)
£302.1m - Dbc Foodservice Limited
£442k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Dbc Foodservice Limited
- - Industry AVG
Production
with a gross margin of 16.5%, this company has a higher cost of product (44.8%)
16.5% - Dbc Foodservice Limited
44.8% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (7.2%)
-1.3% - Dbc Foodservice Limited
7.2% - Industry AVG
Employees
with 1018 employees, this is above the industry average (18)
1018 - Dbc Foodservice Limited
18 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£24.3k)
£25.6k - Dbc Foodservice Limited
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £296.8k, this is more efficient (£58.8k)
£296.8k - Dbc Foodservice Limited
£58.8k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (31 days)
30 days - Dbc Foodservice Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (44 days)
54 days - Dbc Foodservice Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (32 days)
20 days - Dbc Foodservice Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (49 weeks)
2 weeks - Dbc Foodservice Limited
49 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.4%, this is a higher level of debt than the average (50.2%)
91.4% - Dbc Foodservice Limited
50.2% - Industry AVG
DBC FOODSERVICE LIMITED financials
Dbc Foodservice Limited's latest turnover from March 2011 is £302.1 million and the company has net assets of £6.1 million. According to their latest financial statements, Dbc Foodservice Limited has 1,018 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Turnover | 302,094,000 | 273,067,000 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 252,401,000 | 224,743,000 |
| Gross Profit | 49,693,000 | 48,324,000 |
| Admin Expenses | 53,764,000 | 46,858,000 |
| Operating Profit | -4,071,000 | 1,466,000 |
| Interest Payable | 4,228,000 | 3,134,000 |
| Interest Receivable | 3,916,000 | 2,232,000 |
| Pre-Tax Profit | -4,951,000 | 1,258,000 |
| Tax | 0 | 0 |
| Profit After Tax | -4,951,000 | 1,258,000 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -4,951,000 | 1,258,000 |
| Employee Costs | 26,062,000 | 23,172,000 |
| Number Of Employees | 1,018 | 952 |
| EBITDA* | -2,942,000 | 2,504,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Tangible Assets | 9,525,000 | 9,432,000 |
| Intangible Assets | 30,000 | 55,000 |
| Investments & Other | 126,000 | 126,000 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 9,681,000 | 9,613,000 |
| Stock & work in progress | 14,018,000 | 14,151,000 |
| Trade Debtors | 25,420,000 | 20,534,000 |
| Group Debtors | 12,865,000 | 13,745,000 |
| Misc Debtors | 5,204,000 | 6,129,000 |
| Cash | 3,231,000 | 2,003,000 |
| misc current assets | 0 | 0 |
| total current assets | 60,738,000 | 56,562,000 |
| total assets | 70,419,000 | 66,175,000 |
| Bank overdraft | 16,154,000 | 12,044,000 |
| Bank loan | 0 | 0 |
| Trade Creditors | 37,579,000 | 31,477,000 |
| Group/Directors Accounts | 387,000 | 128,000 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 568,000 | 0 |
| other current liabilities | 4,091,000 | 3,480,000 |
| total current liabilities | 58,779,000 | 47,129,000 |
| loans | 5,208,000 | 5,958,000 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 5,572,000 | 9,158,000 |
| total liabilities | 64,351,000 | 56,287,000 |
| net assets | 6,068,000 | 9,888,000 |
| total shareholders funds | 6,068,000 | 9,888,000 |
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -4,071,000 | 1,466,000 |
| Depreciation | 1,104,000 | 1,013,000 |
| Amortisation | 25,000 | 25,000 |
| Tax | 0 | 0 |
| Stock | -133,000 | 14,151,000 |
| Debtors | 3,081,000 | 40,408,000 |
| Creditors | 6,102,000 | 31,477,000 |
| Accruals and Deferred Income | 611,000 | 3,480,000 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | 823,000 | -17,098,000 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 126,000 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 259,000 | 128,000 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -750,000 | 5,958,000 |
| Hire Purchase and Lease Commitments | 568,000 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -312,000 | -902,000 |
| cash flow from financing | 896,000 | 13,814,000 |
| cash and cash equivalents | ||
| cash | 1,228,000 | 2,003,000 |
| overdraft | 4,110,000 | 12,044,000 |
| change in cash | -2,882,000 | -10,041,000 |
dbc foodservice limited Credit Report and Business Information
Dbc Foodservice Limited Competitor Analysis
Perform a competitor analysis for dbc foodservice limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
dbc foodservice limited Ownership
DBC FOODSERVICE LIMITED group structure
Dbc Foodservice Limited has no subsidiary companies.
Ultimate parent company
DBC FOODSERVICE LIMITED
00160100
dbc foodservice limited directors
Dbc Foodservice Limited currently has 5 directors. The longest serving directors include Mr Christopher Horne (Feb 1995) and Mr Leo Weston (Sep 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Horne | 67 years | Feb 1995 | - | Director | |
| Mr Leo Weston | 54 years | Sep 2009 | - | Director | |
| Mr Jeremy Fitton | 55 years | Sep 2009 | - | Director | |
| Mr Nicholas O'Carroll | 66 years | Sep 2009 | - | Director | |
| Mr Robert McFarlane | United Kingdom | 58 years | Mar 2011 | - | Director |
P&L
March 2011turnover
302.1m
+11%
operating profit
-4.1m
-378%
gross margin
16.5%
-7.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2011net assets
6.1m
-0.39%
total assets
70.4m
+0.06%
cash
3.2m
+0.61%
net assets
Total assets minus all liabilities
Similar Companies
dbc foodservice limited company details
company number
00160100
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
October 1919
age
105
accounts
Full Accounts
ultimate parent company
previous names
danish bacon company public limited company (August 2006)
incorporated
UK
address
landmark st peter's square, 1 oxford street, manchester, M1 4PB
last accounts submitted
March 2011
dbc foodservice 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 15 charges/mortgages relating to dbc foodservice limited. Currently there are 12 open charges and 3 have been satisfied in the past.
dbc foodservice limited Companies House Filings - See Documents
| date | description | view/download |
|---|
