Pomanda estimates the enterprise value of ASSOCIATED BRITISH FOODS PLC at £21.7b based on a Turnover of £20.1b and 1.08x industry multiple (adjusted for size and gross margin).
associated british foods plcEstimated Valuation
£24b
Pomanda estimates the enterprise value of ASSOCIATED BRITISH FOODS PLC at £24b based on an EBITDA of £2.9b and a 8.26x industry multiple (adjusted for size and gross margin).
associated british foods plcEstimated Valuation
£22.2b
Pomanda estimates the enterprise value of ASSOCIATED BRITISH FOODS PLC at £22.2b based on Net Assets of £11.2b and 1.99x industry multiple (adjusted for liquidity).
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Associated British Foods PlcOverview
Associated British Foods Plc is a live company located in london, W1K 4QY with a Companies House number of 00293262. It operates in the activities of head offices sector, SIC Code 70100. Founded in October 1934, it's largest shareholder is
wittington investments ltd
with a 100% stake. Associated British Foods Plc is a mature,
mega sized company, Pomanda has estimated its turnover at
£20.1b with
healthy
growth in recent years.
Pomanda's financial health check has awarded Associated British Foods Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £20.1b, make it larger than the average company (£21.1m)
£20.1b - Associated British Foods Plc
£21.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (9.8%)
13% - Associated British Foods Plc
9.8% - Industry AVG
Production
with a gross margin of 33.4%, this company has a comparable cost of product (33.4%)
33.4% - Associated British Foods Plc
33.4% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (5.9%)
9.6% - Associated British Foods Plc
5.9% - Industry AVG
Employees
with 138271 employees, this is above the industry average (114)
138271 - Associated British Foods Plc
114 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has a lower pay structure (£50.3k)
£24.6k - Associated British Foods Plc
£50.3k - Industry AVG
Efficiency
resulting in sales per employee of £145.2k, this is less efficient (£202.6k)
£145.2k - Associated British Foods Plc
£202.6k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (44 days)
23 days - Associated British Foods Plc
44 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (42 days)
31 days - Associated British Foods Plc
42 days - Industry AVG
Stock Days
it holds stock equivalent to 80 days, this is more than average (45 days)
80 days - Associated British Foods Plc
45 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is average cash available to meet short term requirements (16 weeks)
18 weeks - Associated British Foods Plc
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.7%, this is a lower level of debt than the average (54.3%)
40.7% - Associated British Foods Plc
54.3% - Industry AVG
ASSOCIATED BRITISH FOODS PLC financials
EXPORT
Associated British Foods Plc's latest turnover from September 2024 is £20.1 billion and the company has net assets of £11.2 billion. According to their latest financial statements, Associated British Foods Plc has 138,271 employees and maintains cash reserves of £1.3 billion as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
20,073,000,000
19,750,000,000
16,997,000,000
13,884,000,000
13,937,000,000
15,824,000,000
15,574,000,000
15,357,000,000
13,399,000,000
12,800,000,000
12,943,000,000
13,315,000,000
12,252,000,000
11,065,000,000
10,167,000,000
9,255,000,000
Other Income Or Grants
Cost Of Sales
13,377,781,385
13,224,871,444
11,380,244,807
9,483,801,152
9,411,325,647
10,707,341,992
10,530,160,581
10,419,688,434
9,069,833,869
8,804,599,008
9,067,385,071
9,347,616,956
8,561,459,813
7,727,755,889
7,042,712,906
Gross Profit
6,695,218,615
6,525,128,556
5,616,755,193
4,400,198,849
4,525,674,353
5,116,658,008
5,043,839,419
4,937,311,566
4,329,166,131
3,995,400,992
3,875,614,929
3,967,383,044
3,690,540,187
3,337,244,111
3,124,287,094
Admin Expenses
4,763,218,615
5,142,128,556
4,438,755,193
3,592,198,849
3,715,674,353
3,834,658,008
3,699,839,419
3,601,311,566
3,226,166,131
3,048,400,992
2,795,614,929
2,887,383,044
2,817,540,187
2,495,244,111
2,305,287,094
-625,000,000
Operating Profit
1,932,000,000
1,383,000,000
1,178,000,000
808,000,000
810,000,000
1,282,000,000
1,344,000,000
1,336,000,000
1,103,000,000
947,000,000
1,080,000,000
1,080,000,000
873,000,000
842,000,000
819,000,000
625,000,000
Interest Payable
135,000,000
128,000,000
186,000,000
181,000,000
205,000,000
145,000,000
154,000,000
59,000,000
56,000,000
61,000,000
73,000,000
100,000,000
256,000,000
239,000,000
231,000,000
236,000,000
Interest Receivable
94,000,000
48,000,000
107,000,000
78,000,000
95,000,000
131,000,000
122,000,000
9,000,000
6,000,000
8,000,000
15,000,000
13,000,000
156,000,000
149,000,000
150,000,000
171,000,000
Pre-Tax Profit
1,917,000,000
1,340,000,000
1,076,000,000
725,000,000
686,000,000
1,173,000,000
1,279,000,000
1,576,000,000
1,042,000,000
717,000,000
1,020,000,000
868,000,000
761,000,000
757,000,000
763,000,000
495,000,000
Tax
-437,000,000
-272,000,000
-356,000,000
-227,000,000
-221,000,000
-277,000,000
-257,000,000
-365,000,000
-221,000,000
-193,000,000
-237,000,000
-240,000,000
-178,000,000
-180,000,000
-194,000,000
-112,000,000
Profit After Tax
1,480,000,000
1,068,000,000
720,000,000
498,000,000
465,000,000
896,000,000
1,022,000,000
1,211,000,000
821,000,000
524,000,000
783,000,000
628,000,000
583,000,000
577,000,000
569,000,000
383,000,000
Dividends Paid
63,000,000
345,000,000
380,000,000
49,000,000
271,000,000
358,000,000
327,000,000
299,000,000
279,000,000
271,000,000
256,000,000
32,000,000
200,000,000
190,000,000
171,000,000
184,000,000
Retained Profit
1,392,000,000
699,000,000
320,000,000
429,000,000
184,000,000
520,000,000
680,000,000
899,000,000
539,000,000
261,000,000
506,000,000
553,000,000
355,000,000
387,000,000
375,000,000
175,000,000
Employee Costs
3,408,000,000
3,158,000,000
2,812,000,000
2,639,000,000
2,505,000,000
2,758,000,000
2,668,000,000
2,546,000,000
2,208,000,000
2,058,000,000
2,006,000,000
1,948,000,000
1,760,000,000
1,613,000,000
1,497,000,000
1,295,000,000
Number Of Employees
138,271
133,487
132,273
127,912
133,425
138,097
137,014
132,590
129,916
124,036
118,209
112,652
106,243
109
96,915
96,251
EBITDA*
2,911,000,000
2,350,000,000
2,284,000,000
1,854,000,000
1,829,000,000
1,959,000,000
1,918,000,000
1,907,000,000
1,589,000,000
1,429,000,000
1,576,000,000
1,080,000,000
1,487,000,000
938,000,000
1,232,000,000
1,043,000,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
8,343,000,000
7,900,000,000
10,231,000,000
9,427,000,000
9,599,000,000
6,483,000,000
6,775,000,000
6,206,000,000
5,591,000,000
5,056,000,000
5,379,000,000
5,369,000,000
5,202,000,000
5,146,000,000
4,568,000,000
4,105,000,000
Intangible Assets
4,151,000,000
4,205,000,000
1,868,000,000
1,581,000,000
1,629,000,000
1,681,000,000
1,632,000,000
1,414,000,000
1,348,000,000
1,367,000,000
1,467,000,000
1,581,000,000
1,769,000,000
1,893,000,000
1,925,000,000
1,913,000,000
Investments & Other
486,000,000
501,000,000
386,000,000
338,000,000
289,000,000
275,000,000
266,000,000
682,000,000
405,000,000
212,000,000
212,000,000
218,000,000
214,000,000
194,000,000
159,000,000
154,000,000
Debtors (Due After 1 year)
1,759,000,000
1,725,000,000
1,632,000,000
936,000,000
357,000,000
51,000,000
50,000,000
151,000,000
191,000,000
140,000,000
Total Fixed Assets
12,494,000,000
12,105,000,000
11,941,000,000
10,790,000,000
10,916,000,000
8,164,000,000
8,407,000,000
7,620,000,000
6,939,000,000
6,423,000,000
6,846,000,000
6,950,000,000
6,971,000,000
7,039,000,000
6,493,000,000
6,018,000,000
Stock & work in progress
2,942,000,000
3,207,000,000
3,259,000,000
2,151,000,000
2,150,000,000
2,386,000,000
2,187,000,000
2,101,000,000
2,033,000,000
1,827,000,000
1,631,000,000
1,581,000,000
1,500,000,000
1,425,000,000
1,238,000,000
1,262,000,000
Trade Debtors
1,271,000,000
1,319,000,000
1,311,000,000
1,021,000,000
1,022,000,000
1,094,000,000
1,094,000,000
1,049,000,000
1,040,000,000
910,000,000
1,004,000,000
1,033,000,000
999,000,000
939,000,000
849,000,000
869,000,000
Group Debtors
Misc Debtors
426,000,000
459,000,000
447,000,000
346,000,000
306,000,000
342,000,000
342,000,000
293,000,000
297,000,000
266,000,000
289,000,000
309,000,000
237,000,000
320,000,000
230,000,000
252,000,000
Cash
1,323,000,000
1,457,000,000
2,121,000,000
2,275,000,000
1,996,000,000
1,495,000,000
1,362,000,000
1,550,000,000
555,000,000
702,000,000
519,000,000
362,000,000
391,000,000
341,000,000
345,000,000
383,000,000
misc current assets
456,000,000
195,000,000
584,000,000
241,000,000
206,000,000
279,000,000
300,000,000
197,000,000
512,000,000
144,000,000
183,000,000
139,000,000
142,000,000
138,000,000
133,000,000
249,000,000
total current assets
6,520,000,000
6,739,000,000
7,834,000,000
6,105,000,000
5,753,000,000
5,596,000,000
5,285,000,000
5,190,000,000
4,437,000,000
3,849,000,000
3,626,000,000
3,424,000,000
3,269,000,000
3,163,000,000
2,795,000,000
3,015,000,000
total assets
19,014,000,000
18,844,000,000
19,775,000,000
16,895,000,000
16,669,000,000
13,760,000,000
13,692,000,000
12,810,000,000
11,376,000,000
10,272,000,000
10,472,000,000
10,374,000,000
10,240,000,000
10,202,000,000
9,288,000,000
9,033,000,000
Bank overdraft
168,000,000
394,000,000
729,000,000
299,000,000
541,000,000
Bank loan
68,000,000
43,000,000
Trade Creditors
1,159,000,000
1,177,000,000
1,362,000,000
938,000,000
909,000,000
1,153,000,000
1,164,000,000
1,236,000,000
1,136,000,000
1,029,000,000
910,000,000
903,000,000
824,000,000
788,000,000
762,000,000
667,000,000
Group/Directors Accounts
other short term finances
256,000,000
157,000,000
330,000,000
154,000,000
226,000,000
418,000,000
377,000,000
317,000,000
319,000,000
358,000,000
588,000,000
hp & lease commitments
267,000,000
335,000,000
316,000,000
289,000,000
297,000,000
1,000,000
1,000,000
1,000,000
1,000,000
other current liabilities
1,986,000,000
2,009,000,000
2,218,000,000
1,725,000,000
1,793,000,000
1,688,000,000
1,665,000,000
1,539,000,000
1,506,000,000
1,394,000,000
1,416,000,000
1,229,000,000
1,176,000,000
1,025,000,000
998,000,000
1,209,000,000
total current liabilities
3,668,000,000
3,689,000,000
4,053,000,000
3,282,000,000
3,153,000,000
3,068,000,000
3,248,000,000
3,153,000,000
2,960,000,000
2,742,000,000
2,684,000,000
2,526,000,000
2,588,000,000
2,542,000,000
2,127,000,000
2,460,000,000
loans
6,504,000,000
6,438,000,000
6,832,000,000
6,136,000,000
7,320,000,000
722,000,000
718,000,000
1,224,000,000
1,280,000,000
589,000,000
619,000,000
1,544,000,000
1,828,000,000
1,794,000,000
1,588,000,000
1,612,000,000
hp & lease commitments
2,798,000,000
2,825,000,000
2,936,000,000
2,992,000,000
3,342,000,000
13,000,000
13,000,000
13,000,000
13,000,000
12,000,000
12,000,000
12,000,000
12,000,000
13,000,000
Accruals and Deferred Income
216,000,000
185,000,000
other liabilities
271,000,000
269,000,000
96,000,000
113,000,000
79,000,000
provisions
1,632,000,000
1,486,000,000
1,504,000,000
1,082,000,000
834,000,000
1,020,000,000
1,040,000,000
834,000,000
938,000,000
804,000,000
856,000,000
922,000,000
808,000,000
1,018,000,000
1,246,000,000
1,382,000,000
total long term liabilities
4,068,000,000
3,962,000,000
4,168,000,000
3,609,000,000
4,077,000,000
1,142,000,000
1,148,000,000
1,245,000,000
1,294,000,000
979,000,000
1,035,000,000
1,329,000,000
1,431,000,000
1,485,000,000
1,417,000,000
1,497,000,000
total liabilities
7,736,000,000
7,651,000,000
8,221,000,000
6,891,000,000
7,230,000,000
4,210,000,000
4,396,000,000
4,398,000,000
4,254,000,000
3,721,000,000
3,719,000,000
3,855,000,000
4,019,000,000
4,027,000,000
3,544,000,000
3,957,000,000
net assets
11,186,000,000
11,093,000,000
11,448,000,000
9,921,000,000
9,355,000,000
9,452,000,000
9,211,000,000
8,339,000,000
7,054,000,000
6,336,000,000
6,437,000,000
6,519,000,000
5,834,000,000
5,748,000,000
5,293,000,000
4,748,000,000
total shareholders funds
11,186,000,000
11,093,000,000
11,448,000,000
9,921,000,000
9,355,000,000
9,452,000,000
9,211,000,000
8,339,000,000
7,054,000,000
6,336,000,000
6,437,000,000
6,519,000,000
5,834,000,000
5,748,000,000
5,293,000,000
4,748,000,000
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
1,932,000,000
1,383,000,000
1,178,000,000
808,000,000
810,000,000
1,282,000,000
1,344,000,000
1,336,000,000
1,103,000,000
947,000,000
1,080,000,000
1,080,000,000
873,000,000
842,000,000
819,000,000
625,000,000
Depreciation
573,000,000
612,000,000
1,038,000,000
970,000,000
907,000,000
609,000,000
509,000,000
514,000,000
439,000,000
401,000,000
402,000,000
486,000,000
324,000,000
327,000,000
Amortisation
406,000,000
355,000,000
68,000,000
76,000,000
112,000,000
68,000,000
65,000,000
57,000,000
47,000,000
81,000,000
94,000,000
128,000,000
96,000,000
89,000,000
91,000,000
Tax
-437,000,000
-272,000,000
-356,000,000
-227,000,000
-221,000,000
-277,000,000
-257,000,000
-365,000,000
-221,000,000
-193,000,000
-237,000,000
-240,000,000
-178,000,000
-180,000,000
-194,000,000
-112,000,000
Stock
-265,000,000
-52,000,000
1,108,000,000
1,000,000
-236,000,000
199,000,000
86,000,000
68,000,000
206,000,000
196,000,000
50,000,000
81,000,000
75,000,000
187,000,000
-24,000,000
1,262,000,000
Debtors
-47,000,000
113,000,000
1,087,000,000
618,000,000
198,000,000
1,000,000
144,000,000
5,000,000
161,000,000
-117,000,000
-49,000,000
-45,000,000
128,000,000
-11,000,000
9,000,000
1,261,000,000
Creditors
-18,000,000
-185,000,000
424,000,000
29,000,000
-244,000,000
-11,000,000
-72,000,000
100,000,000
107,000,000
119,000,000
7,000,000
79,000,000
36,000,000
26,000,000
95,000,000
667,000,000
Accruals and Deferred Income
-23,000,000
-209,000,000
493,000,000
-68,000,000
105,000,000
23,000,000
-90,000,000
64,000,000
297,000,000
-22,000,000
187,000,000
53,000,000
151,000,000
27,000,000
-211,000,000
1,209,000,000
Deferred Taxes & Provisions
146,000,000
-18,000,000
422,000,000
248,000,000
-186,000,000
-20,000,000
206,000,000
-104,000,000
134,000,000
-52,000,000
-66,000,000
114,000,000
-210,000,000
-228,000,000
-136,000,000
1,382,000,000
Cash flow from operations
2,891,000,000
1,605,000,000
1,072,000,000
1,217,000,000
1,321,000,000
1,474,000,000
1,475,000,000
1,529,000,000
1,539,000,000
1,202,000,000
1,466,000,000
1,050,000,000
1,083,000,000
407,000,000
801,000,000
1,666,000,000
Investing Activities
capital expenditure
-1,368,000,000
-973,000,000
-2,197,000,000
-826,000,000
-4,083,000,000
-434,000,000
-1,361,000,000
-1,252,000,000
-1,002,000,000
-59,000,000
-392,000,000
21,000,000
-546,000,000
-642,000,000
-888,000,000
-6,436,000,000
Change in Investments
-15,000,000
115,000,000
48,000,000
49,000,000
14,000,000
9,000,000
-416,000,000
277,000,000
193,000,000
-6,000,000
4,000,000
20,000,000
35,000,000
5,000,000
154,000,000
cash flow from investments
-1,353,000,000
-1,088,000,000
-2,245,000,000
-875,000,000
-4,097,000,000
-443,000,000
-945,000,000
-1,529,000,000
-1,195,000,000
-59,000,000
-386,000,000
17,000,000
-566,000,000
-677,000,000
-893,000,000
-6,590,000,000
Financing Activities
Bank loans
-68,000,000
25,000,000
43,000,000
Group/Directors Accounts
Other Short Term Loans
256,000,000
-157,000,000
-173,000,000
176,000,000
-72,000,000
-192,000,000
41,000,000
60,000,000
-2,000,000
-39,000,000
358,000,000
-588,000,000
588,000,000
Long term loans
66,000,000
-394,000,000
696,000,000
-1,184,000,000
6,598,000,000
4,000,000
-506,000,000
-56,000,000
691,000,000
-30,000,000
-925,000,000
-284,000,000
34,000,000
206,000,000
-24,000,000
1,612,000,000
Hire Purchase and Lease Commitments
-95,000,000
-92,000,000
-29,000,000
-358,000,000
3,625,000,000
2,000,000
12,000,000
-12,000,000
12,000,000
-12,000,000
-1,000,000
13,000,000
other long term liabilities
-271,000,000
2,000,000
269,000,000
-96,000,000
-17,000,000
34,000,000
79,000,000
share issue
-1,299,000,000
-1,054,000,000
1,207,000,000
137,000,000
-281,000,000
-279,000,000
192,000,000
386,000,000
179,000,000
-362,000,000
-588,000,000
132,000,000
-269,000,000
68,000,000
170,000,000
4,573,000,000
interest
-41,000,000
-80,000,000
-79,000,000
-103,000,000
-110,000,000
-14,000,000
-32,000,000
-50,000,000
-50,000,000
-53,000,000
-58,000,000
-87,000,000
-100,000,000
-90,000,000
-81,000,000
-65,000,000
cash flow from financing
-1,113,000,000
-1,777,000,000
1,622,000,000
-1,332,000,000
9,489,000,000
-479,000,000
-36,000,000
340,000,000
820,000,000
-484,000,000
-1,297,000,000
-856,000,000
299,000,000
183,000,000
89,000,000
6,176,000,000
cash and cash equivalents
cash
-134,000,000
-664,000,000
-154,000,000
279,000,000
501,000,000
133,000,000
-188,000,000
995,000,000
-147,000,000
183,000,000
157,000,000
-29,000,000
50,000,000
-4,000,000
-38,000,000
383,000,000
overdraft
-168,000,000
168,000,000
-394,000,000
394,000,000
-729,000,000
430,000,000
-242,000,000
541,000,000
change in cash
34,000,000
-832,000,000
-154,000,000
279,000,000
501,000,000
133,000,000
-188,000,000
995,000,000
-147,000,000
183,000,000
551,000,000
-423,000,000
779,000,000
-434,000,000
204,000,000
-158,000,000
associated british foods plc Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for associated british foods plc. Get real-time insights into associated british foods plc's credit score, group structure and payment trends.
Perform a competitor analysis for associated british foods plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in W1K area or any other competitors across 12 key performance metrics.
associated british foods plc Ownership
ASSOCIATED BRITISH FOODS PLC group structure
Associated British Foods Plc has 2 subsidiary companies.
The sole shareholder of Associated British Foods Plc is Wittington Investments Ltd.
wittington investments ltd
100%
associated british foods plc directors
Associated British Foods Plc currently has 9 directors.
The longest serving directors include
Mr George Weston (Apr 1999) and
Mrs Emma Adamo (Dec 2011).
weston centre, 10 grosvenor street, london, W1K 4QY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
associated british foods plc 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 1 charges/mortgages relating to associated british foods plc. Currently there are 0 open charges and 1 have been satisfied in the past.
associated british foods plc Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ASSOCIATED BRITISH FOODS PLC. This can take several minutes, an email will notify you when this has completed.
associated british foods plcCompanies House Filings - See Documents
